One of the factors that investors consider when investing in emerging market equities is the stability of local currency against the US dollar. Generally currency depreciation is assumed to have an adverse impact on equities in an emerging country. However that assumption is not always correct and does not apply to all emerging markets. According …
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Potash is one of the type of fertilizers used to grow various types of crops, fruits and vegetables. According to an article in IMF’s Finance & Development magazine the demand for this natural resource may increase with rising population and less arable land. From the article: Potash is the common name for naturally occurring water-soluble potassium …
Puerto Rico-based Doral Financial (DRL) used to be a hi-flyer primarily due to sub-prime mortgage lending before the financial crisis. As the stock continued to plunge and headed towards $0.00 the bank implemented a reverse split on August 20, 2007 in the ratio of 1:20 when the stock reached a low of $0.54 a share. …
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Safran SA(SAFRY), the French aerospace, defense and security firm has announced a stock split in the rate of 300%. The ADR Record Date is Nov 6, 2013 and the Payable Date is Nov 7, 2013. Currently the ADR to Ordinary ratio is 1: 1. As a result of the split, the ratio will change as 1 …
Argentina was a pariah of global investors up until last year due to many reasons including the nationalization of the country’s oil company YPF in May.However investors have become bullish on Argentina for the past year according to an article in FT beyondbrics. The benchmark Merval index has almost doubled this year. The following table …