Over the past few days temperatures in Europe plummeted to record levels. In Germany, temperatures fell below -25 C last Monday. People have been using record levels of natural gas and electricity to stay warm. Energy prices are soaring in UK as some of the gas companies export the supply to continental Europe to meet …
Continue reading ‘Europe Freezes – Time to Invest in European Utilities?’ »
The AFI Magazine – Issue #3(December 2008) of UK says: “A quarter of the FTSE 350 could cut or scrap dividends in the next 12 months because of the economic environment“. (emphasis added) Due to the above, a panel of fund advisers suggest staying away from cyclicals like basic materials, industrials and service sectors. The …
Emerging market stocks were all the rage up until the middle of last year. Stocks from Brazil, India, Russia and China (BRIC) were gobbled up by investors like there was no tomorrow. However the credit crunch has hit the emerging markets harder than developed markets last year. In fact the US markets performed better than …
The following table lists eight Consumer Staples ADR stocks. These picks are components of the S&P ADR Index which “is made up of those companies from the S&P 700 that offer either Level II or Level III American Depository Receipts (ADRs), global shares, or ordinary shares in the case of Canadian equities.” [TABLE=133]
In 2008, while the S&P; 500 was down 38.49%, utilities dropped 31.55%. Usually utilities hold up well in a bear market as they are considered defensive plays. However in current times utilities are also getting killed since they have high capital expenditures, engage in energy trading activities, etc. So in a way they are defensive …
Continue reading ‘Foreign Utilities List with Current Dividend Yields’ »