During bear markets utility stocks used to be provide shelter for investors since they were considered to be stable, slow-growth and conservative investments. However that has changed in the past few years. These days they do not seem to offer the much-desired stability and protection that they were once known for. This is evident in …
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The Nordic countries include Denmark, Finland, Sweden, Norway and Iceland in Northern Europe. These are called as Nordic countries because they share a common history, cultural and political systems. Scandinavia is sometimes used as a synonym for Nordic countries. Except Iceland, the other four countries have some of their company stocks listed in the US …
The following are links to some interesting articles that you can checkout over this weekend: 1. Why The Dollar Is Getting Stronger – From Speigle Online by By Stanley Reed 2. Can the Footsie end 2008 above 4000? – By Philip Scott, This is Money 3. Finance, the American way – By The Mogambo Guru …
ABN AMRO ADR, which used to traded on the OTC market with ticker ABNYY, has been terminated effective yesterday November 24,2008. In April of this year ABN Amro de-listed its stock from New York Stock Exchange (NYSE) since a consortium of banks led by Fortis (Holland), Royal Bank of Scotland (RBS -UK) and Banco Santander …
The S&P 500 Index is down an incredible 45.52% year-to-date this year. The Financials within the index are down even more. The fall in stock prices have wiped out trillions of dollars in shareholder wealth. Last month the British Economist Fred Harrison, widely known as the “Prophet of Doom”, predicted that “”The massive contraction in …
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