The following is a list of the top 10 best year-to-date (YTD) performing European ADRs listed in the organized exchanges: Mechel Steel MTL – 175.25% Wimm-Bill-Dann Foods WBD – 104% Vimpel Communications VIP – 82% Acergy ACGY – 79% Aixtron AIXG – 74% ASM International – New York Shares ASMI – 62% Flamel Technologies FLML …
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Emerging markets have easily outperformed the developed world markets since stocks rebounded from March this year. Emerging countries such as Brazil, India, China, etc. continue to attract capital and show strength relative to developed markets. Massachusetts-based EPFR Global which tracks fund movement worldwide, said that another $3.5 billion went into emerging market equity funds for …
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1.Korea’s Ministry of Strategy and Finance reveals details of its $19.6 billion plan for the economy’s new growth engines. Korea announces boost to services sector 2. The FDIC’s Deposit Insurance Fund has plunged to an all time low of just $13 billion as of March 31, or 0.27% of $4.8 trillion in insured deposits. It …
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Austrian banks and other institutions are the largest investor in many former communist Central European countries such as Romania, Czech Republic, etc. Since Central European nations are closely tied to Austria both historically and culturally the Austrian cash-rich companies naturally favored them.While it seemed like a strategic move before the credit crunch began, it went …
Germany-based E.ON is one of the largest natural gas and electricity producer in the world. The ADR stock trades on the OTC with ticker EONGY.Currently it pays a juicy 5.79% dividend and has a $65B market cap. From its March lows of $22 the ADR has nicely rebounded to close at $35.54 today. The following …
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