On September 28, 2010 the ADRs for WEG S.A., a Brazilian industrial equipments maker, started trading on the OTC market with the ticker WEGZY. The ADR program is a sponsored Level 1 program offering international investors access to this highly successful Brazilian multinational. WEG was founded in in 1961, in Jaraguá do Sul, the state …
Emerging markets have been growing at an incredible pace in the past few years. Some of these markets have performed well this year also compared to the US. For example, the year-to-date returns of Brazil, India and Mexico are 4.3%, 17.1 % and 5.3% respectively. Despite the strong growth in recent years, emerging markets continue …
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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 …
The ten largest publicly-listed Swedish companies based on 2009 sales that appear in the Forbes Global 2000 list for 2010 are listed below: [TABLE=579] Related ETF: iShares MSCI Sweden Index Fund (EWD)
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 …