The Coca-Cola Company trading under the ticker KO is different from the bottler Coca-Cola Enterprises Inc trading under the ticker CCE on the NYSE. As a multi-national company, Coca-Cola has bottlers in many countries of the world and each operate as an independent company and their stocks trade under separate tickers. In this post, lets take a …
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The Top 10 Colombian Banks for 2012 Based on Tier 1 Capital Ratio as of December 2011 are shown in the table below: Source: Top Latin American Banks by Country, The Banker BBVA Colombia is the subsidiary of Spanish banking group Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) and Citibank Colombia is the subsidiary of the …
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BNY Mellon created the following four unsponsored ADRs last week: 1.Company: EI Towers S.p.A Ticker: EITWY Country: Italy 2.Company: Interpump Group S.p.A. Ticker: IPGYY Country: Italy 3.Company: Softbank Corporation Ticker: SFTBY Country: Japan 4.Company: Zignago Vetro SpA Ticker: ZIGNY Country: Italy Last month Softbank paid $20 billion to buy a 70% stake in the US …
In October 2008, the SEC changed a rule encouraging the establishment of more ADR programs. As a result of changes to the Rule 12g3-2(b), the number of Level 1 Sponsored and Unsponsored ADRs have soared. For example, before the rule become effective, there were 169 Unsponsored ADR(UADR) programs. After the rule change the number of UADRs …
Continue reading ‘Conversion of Unsponsored ADRs to Sponsored ADRs Raises Investors’ Interest’ »