The S&P 500 is up 19.9% year-to-date as of September 20th. Many of the European markets are also up by double digits YTD but they are still lower the U.S. market. Here are the YTD returns of major European indices: France’s CAC 40: 15.5%s Germany’s DAX Index: 14.0% Spain’s IBEX 35 Index: 12.3% UK’s FTSE …
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Absolute Majority? Merkel Wins Easy Re-Election (Der Spiegel) Does BlackBerry have a future? (CBC) Finding cheap shares ready to move on up: How finance professor Josef Lakonishok turned his theory into a $70bn practice (This is Money) Containing costly job losses (OECD Observer) Hi-Fis and Low Gears: Manufacturing’s Bounce in the U.S. (IMF Direct Blog) The American Myth of …
Continue reading ‘Knowledge is Power: Future of Blackberry, Job Losses, Central Europe Edition’ »
Mexico-based ultra-low-cost airline Controladora Vuela Compañia de Aviación, S.A.B. or Volaris (VLRS) listed its American Depositary Shares (ADSs) on the NYSE on September 18, 2013. The company priced the IPO at $12.00 per ADS for a total of about 26 million shares. Each ADS represents 10 ordinary shares. Here is a brief overview of Volaris: The company …
Continue reading ‘New ADS: Volaris, A Discount Airline From Mexico’ »