New Listing in NYSE: Eletrobras ADR

Today Eletrobras of Brazil, an electric utility listed its ADR shares on the New York Stock Exchange (NYSE) with the ticker EBR. Formerly Eletrobras shares used to trade on the OTC market where they had been the largest Brazilian OTC stock. A brief overview about Eletrobras from corporate site: “The biggest company of the energy …

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Single-Digit Foreign Dividend Stocks

Many of the foreign bank ADRs are now trading under $10. Listed below are twelve such stocks.While some of them have great yields, it is not guaranteed and may be reduced or canceled anytime. Note: Stock prices listed here are as of Oct 28,2008 (Tuesday). 1.Allied Irish Banks Plc(AIB) = $8.35 2.The Governor and Company …

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Australian ADRs offer Awesome Dividends Now

Sydney Opera House The Australian Stock Market Index,”ALL ORDINARIES INDEX” has crashed in the past few weeks in-line with other markets of the world. Year-to-date “Bank of New York Mellon Australia ADR Index”, which tracks the Australian ADRs listed in the US, is down 54.94%. 1-Year Chart of Australian All Ordinaries Index On the currency …

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