On November 3,2008 Banco Itau Holding Financeira S.A. (ITU) and Uniao de Bancos Brasileiros S.A. (UBB) announced to merge their operations to form a new company called Itau Unibanco Holding S.A. The merger will be effected by the merger of shares(Common, Preferreds, GDRs) of both the companies. Exchange Rate: Each 0.17391 UBB (GDR) will be …
Continue reading ‘Brazilian Banks Banco Itau and Unibanco To Merge’ »
The price of Crude oil reached a peak of $147 in July of this year.After that peak, the price has continued to fall and settled at about $64 today, Thats a crash of more than 50% in just a few months. Today gas stations in some parts of the US are selling gas for $1.99 …
Continue reading ‘Top European Oil Stocks with Great Dividends’ »
On Aug 28 this year, I wrote an article on some of the Top Canadian Dividend Stocks trading in the US. That article used the S&P TSX Canadian Dividend Aristocrats Index as the base. Today we take a different approach.We shall use the Dow Jones Canada Select Dividend Index to discuss the Canadian dividend stocks …
The German economy is the largest in Europe and the third largest in the world. The country attracted EUR 439 B Foreign Direct Investment (FDI) in 2006. With a high productivity rate and a world-class education system Germany ensures that its citizens high standards of living. Germany is also the number one for research and …