In an article on European banks last month I suggested that it was not clear if rising stock prices of financials was an indicator of a bull market for the overall equity market. This post is an update to that discussion. According to a recent article in Bloomberg BusinessWeek, European banks have borrowed only a quarter of …
Continue reading ‘Will European Banks Continue to Rally This Year?’ »
The fast-food industry is a multi-billion dollar industry with huge presence not just in the U.S. but in countries around the world. People tend to prefer fast-food whether the economy is in expansion or contraction mode. The largest fast-food giant McDonald’s (MCD) operates more than 38,000 stores in 119 countries serving 69 million customers every …
Continue reading ‘A Quick Look at Six Fast Food Restaurant Stocks’ »
Companhia de Saneamento Basico do Estado de Sao Paulo also known as SABESP (SBS) was one of the top performing Brazilian ADRs in 2012.The ADR almost doubled last year. On Jan 24, 2013 the stock split 2 for 1.Before the split, each ADR was equal to two common shares. After the split, the ratio was changed to reflect one …
Nick Ford, head of US equities at Miton of UK recently wrote an interesting article in Trustnet outlining his thesis for finding investment opportunities in the U.S. market regardless of the state of the direction of the U.S. market. From the article: Despite valid concerns about the ongoing resolution to the “fiscal cliff” and the …
Many U.S. companies are increasing share buybacks to goose up earnings. Buybacks of own shares is the preferred method for some companies to put unused cash to work. While theoretically buying back shares should reduce the number of outstanding shares and increase earnings per share it is not happening in the real world, according to an article …