On August 5th, the ratings agency Standard & Poors downgraded U.S. debt from AAA to AA+ for the first time in 70 years. This is the same agency that rated worthless junk such as sub-prime paper as AAA before the credit crisis began in 2008. In a way the standard followed by Standard & Poors …
At the height of the global financial crisis in 2008 many banks in the developed world were on the edge of failure. To protect the financial system from total collapse, governments bailed out most of these institutions by injecting billions of dollars in capital. Some of these banks were bailed out by foreign banks and …
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The pharmaceutical industry used be a highly profitable industry and pharma stocks were long considered as conservative investments that offered slow, steady growth with attractive yields. However that has changed in the past couple of decades. Though profit margins for blockbuster drugs are high, drug companies’ earnings are under enormous pressure due to many factors …
Continue reading ‘The World’s 50 Largest Pharmaceutical Companies by Sales’ »
In my earlier post we looked at some European firms with strong sales in emerging markets. In this post let us take a quick look at some U.S. companies which have a strong presence in emerging countries. The table below lists nine U.S. consumer staples companies with emerging market sales of 20% or more: [TABLE=1035] …
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The exponential rise in the middle class population in emerging countries offers excellent growth opportunities for multinational companies that have presence in those countries. In countries such as Brazil, India, China, Turkey,Indonesia the growing demand for consumer goods continues to increase with the rise in the standard of living of the middle class. Since many …
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