Canada is blessed with many natural resources. Canada exports most of these resources to other countries including the US which is its largest trading partner. Some of the natural resources are timber, minerals like gold, uranium, crude oil(from tar sand), etc.Since Canada is heavily dependent on commodities we can say that the Canadian economy …
Australia & New Zealand Banking Group Ltd (ANZBY) split its ADR stock in the ratio of 5:1 effective July 24, 2008. Currently ANZBY trades on the OTC market for about $14.05 a share. At these levels it has an attractive dividend yield of 8.35%. The PE ratio is 8.14 and there are nearly 2 billion …
The DJ Euro Stoxx ETF FEZ from State Street Global Advisors seeks to mimic the Dow Jones Euro Stoxx Index. This Index contains 50 Eurozone companies that are market leaders in their sector. Eurozone area includes the most of the countries in Western Europe except UK. This ETF provides exposure to some of the largest …
A few a days ago I read an interesting post titled “50 SPX Stocks Down > 50%” in “The Big Picture” site.That article inspired this post where I analyze the performance of 43 foreign banks since the October 2007 peak. I followed these rules for this study: a. Take the highest intra-day high reached in …
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Tim Hortons and Esso are two retail outlets that you will see in many parts of Canada. Tim Hortons is in the quick service food business and Esso is the band name of gas stations owned by Imperial Oil. 1. Tim Hortons Tim Hortons sells donuts, over-sized muffins, coffee,Iced Cappucino, Timbits besides other food items. …