Emerging market banks occupy the top positions in a ranking of the world’s most valuable financial institutions based on their stock price to book values as of Dec 31,2009 according to a recent article in The Financial Times. Click to Enlarge Chinese banks took the first four spots easily beating western banks which were highly …
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The table below lists four ADR stocks from the construction and materials industry: [TABLE=288] Cemex of Mexico is engaged in the production of and marketing of cement.Empresas ICA operates in the construction sector as well as maintenance and operation of highways and tunnels in Mexico. Ireland-based CRH is another building materials production and distribution company.James …
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Luxottica Group (LUX) and Wacoal (WACLY) operate in the personal goods sector. 1. Luxottica Group(LUX): Milan, Italy-based Luxottica is the maker of prescription frames and sunglasses. From the corporate site: “With net sales of euro €5.2 billion, 61,000 employees and a solid global presence, Luxottica leads the world in premium, luxury and sports eyewear.” Retail …
Last month I wrote an article titled Five Companies with the Largest Market Cap Gains in this Decade. Three of the companies in that list were BHP Billiton, Vale and Petrobras. In the Year-End Review of Markets & Finance, The Wall Street Journal listed the biggest gainers in market value in 2009. Only stocks which …
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Crude oil futures closed at $82.75 per barrel on the New York Mercantile Exchange last Friday. Energy prices have been rising in recent weeks due to the perception that global economy is in recovery mode and that the demand from China and other emerging markets is picking up. It must noted that despite the rise …
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