At a special shareholders meeting on March 29th,2009 a stock dividend of 3.2325% was approved. Banco De Chile ADR (BCH) shareholders will receive 3.2325 additional shares for each 100 shares held. Fractional shares will be paid in cash. According to Depositary, JPMorgan Chase Bank, N.A. the effective dates are as follows: ADR record date: May …
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Today Nobel Prize-winning economist Paul Krugman, told participants at a global financial conference that “The United States may emerge from recession in a technical sense as early as this summer, though a likely worsening in labor conditions means a “depressed economy” could last as long as five more years.” According to him, while the US …
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The following two charts show that US financial institutions are no longer the best in the world when compared to 1999. Chart #1: Chart #2: Source: Financial Times Though the above graphs were from March of this year it is worth reviewing. In 1999, out of the Top 20 financial institutions in the world, 11 …
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1.Subsidies to buyers are helping China auto sales soar, a move Washington might follow given personal income in the US fell as much as US$34.4 billion in March. Which doesn’t leave much cash to pay for ever-more expensive oil for those new vehicles US consumers might buy.Sinking incomes 2.With earnings season coming to an end, …
Continue reading ‘Knowledge is Power: S&P 500 Earnings Collapse Edition’ »
According to the latest Doing Business Report 2009 published by the World Bank, the USA ranks third in ease of doing business. This report is based on comparison of 181 economies from around the world. The following regulations affecting 10 stages of a business’s life were measured : “starting a business, dealing with construction permits, …
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