Continental AG ADR Ratio Change and Stock Distribution

Germany-based tire and auto-parts maker Continental AG’s ADR(CTTAY) had a ratio change recently resulting in a 2 for 1 stock split for ADS holders. CTTAY closed at $32.35 on Oct 29 and opened at $16.13 on Oct 30 before ending the day at $16.33. The depository’s announcement on the ratio change is listed below. The …

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How the US Railroad Industry Became a Monopoly: Chart

A few years ago I wrote a post about how the US railroad industry has become a monopoly with a neat map. The article was well received and continues to receive interest from readers. The following post is an update to that article. Of the Class I railroads in the US, the following four are …

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