New ADR: SouFun Holdings Limited

SouFun Holdings Limited started trading on the NYSE on September 22nd with the ticker symbol SFUN. SouFun operates a leading real-estate website in China. The company “provides marketing, listing and other value-added services and products for China’s fast-growing real estate and home furnishing and improvement sectors.” The initial ADR price was set at $42.50 and …

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The 10 Most Profitable Swiss Companies

The 10 most profitable publicly-listed Swiss companies that appear in the Forbes Global 2000 list for 2010 are listed below: [TABLE=580] Nestle (OTC: NSRGY) is the world’s largest consumer goods company that owns about 6,000 brands. ABB Ltd (ABB) offer power and automation technologies to industrial customers and the company has operations in about 100 …

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21 Foreign Stocks Yielding More Than 5% Dividends

With the third quarter over, I wanted to identify some foreign large cap ADRs that paid dividends of over 5%. So I ran the stock screener with the following criteria: 1. Stocks must trade on the NYSE 2. Market cap. must be >= $5B 3. Must have dividend yields of 5% or more The search …

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600 Banks Have Not Yet Repaid TARP Funds

In an earlier article I wrote about the success of the TARP program. This $700 billion bailout government program is officially ending on Monday. According to a Wall Street Journal piece, more than 600 banks are still holding $65 billion of the bailout funds.Many of these banks are too weak to repay the government funds. …

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