First-Ever OTC ADR Index Launched

BNY Mellon and OTC Markets Group joined forces together and launched the first-ever OTC ADR Index last month. From the OTC Markets Newsletter: Today, a wide variety of ADRs — more than 1,400 — trade on the OTCQX®, OTCQB® and OTC Pink®marketplaces, a fivefold increase from just 10 years ago. In the first nine months of 2012, 251 …

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Ten European ADRs Listed in NYSE Before 2000

Some of the European ADRs trading on the New York Stock Exchange were listed there many years ago. A list of ten such ADRs that were listed in the 1980s and 90s is shown in the table below with their current dividend yields: Of the companies noted above, Denmark-based  pharmaceutical firm Novo Nordisk (NVO) has had …

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Should Investors Embrace European Equities for 2013?

Most of the economic news coming out of Europe are negative. Almost on a daily basis the media reports on a wide range of topics including the shocking unemployment rates in countries such as Greece, Spain, Italy, etc, debt issues, future of the Euro, foreclosure issues in the Spanish real estate market, fragile banking system, …

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The Top 10 ADRs on the NYSE Based on Market Capitalization

The top 10 foreign companies listed on the New York Stock Exchange based on market capitalization are listed below:   Among the foreign banks,  HSBC Holdings plc  (HBC) has the largest market cap. Colombia’s Ecopetrol (EC) has had an exponential growth since listing and its market cap is closer to that of established industry giants BP and Royal Dutch …

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