Danish drug maker Novo Nordisk (NVO) announced a stock split in the ratio of 5:1 on its ADRs recently. The effective date of the split is Jan 9, 2014 and the record date is Jan 3, 2014. From the company’s press release: On 2 January 2014, the Novo Nordisk A/S B shares traded on NASDAQ OMX …
The S&P 500 is up 26.62% YTD on price return basis. But the STOXX Europe 600 is up by only 20.07% YTD on US dollar price return terms. This index is composed of 600 companies across 18 counties of Europe including the UK and hence can be considered as a proxy for European markets similar …
Continue reading ‘Ten European Stocks To Consider For 2014 and Beyond’ »
The S&P 500 is up 19.9% year-to-date as of September 20th. Many of the European markets are also up by double digits YTD but they are still lower the U.S. market. Here are the YTD returns of major European indices: France’s CAC 40: 15.5%s Germany’s DAX Index: 14.0% Spain’s IBEX 35 Index: 12.3% UK’s FTSE …
Continue reading ‘Ten European Consumer Goods Stocks To Consider’ »
Mexico-based ultra-low-cost airline Controladora Vuela Compañia de Aviación, S.A.B. or Volaris (VLRS) listed its American Depositary Shares (ADSs) on the NYSE on September 18, 2013. The company priced the IPO at $12.00 per ADS for a total of about 26 million shares. Each ADS represents 10 ordinary shares. Here is a brief overview of Volaris: The company …
Continue reading ‘New ADS: Volaris, A Discount Airline From Mexico’ »
The stock market of Philippines was one of the best performing stock markets last year. It has continued that upward trend and has shot up by another 24% so far this year according to an article in the FT beyondbrics blog. An article on Frontier Markets in Bloomberg BusinessWeek earlier this year had an interesting …
Continue reading ‘The Spectacular Run of Philippine Stocks Continues’ »