A Note on BG Group PLC ADR Stock Split

UK-based oil and gas company BG Group (BRGYY) split its ADR stock 5 for 1 last week. Some details from the corporate site: Effective 13 February 2012, the new BG Group ADR represents one ordinary share (previously one ADR represented five ordinary shares). As a result of the ratio change, ADR holders of BG Group …

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Can European Countries Afford Liberal Pension Benefits ?

Many countries in Europe are struggling with huge deficits. In the past few years Portugal, Ireland, Italy, Greece and Spain (PIIGS) have had severe economic issues with Greece requiring multiple bailouts to avoid a default on its debt. One of the reasons why many of the European countries are suffering with debt problems is that …

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