St. George Bank Ltd. (STGKY) of Australia agreed to the takeover proposal of Westpac Banking Corp.(WBK) today.This is the biggest banking takeover in Australia. St.George is the fifth largest bank in Australia. Its ADR trades in the OTC market with ticker STGKY. Today the stock closed at $50.30. Westpac is paying US $ 14.4B for …
Continue reading ‘Takeover of St. George Bank by Westpac Banking’ »
One of the dividend indices from Mergent is the “Mergent International Dividend Achievers”. The constituents for this index are selected based on the following condition: “To become eligible for inclusion in the International Dividend Achievers Index a stock must be incorporated outside the United States , trade on the NYSE, NASDAQ or AMEX, and have …
Photo: Itaipu Dam, Brazil In this article lets review the 8 Latin American utility stocks that trade in the New York Stock Exchange. Brazil dominates this list with 4 stocks and Chile and Argentina have 2 stocks each. People invest in utility stocks for their dividend yields. Unlike other sectors, utility stocks tend to provide …
Continue reading ‘Eight Latin American Utility Stocks Traded in New York’ »
Here is a list of the Best Performing ADR stocks Year-To-Date: [TABLE=82]
Canada is blessed with many natural resources. Canada exports most of these resources to other countries including the US which is its largest trading partner. Some of the natural resources are timber, minerals like gold, uranium, crude oil(from tar sand), etc.Since Canada is heavily dependent on commodities we can say that the Canadian economy …