Automobile production and sales is increasing in many countries. Passenger auto sales in the U.S. has picked up in the past few months with over 6.0 million units through October this year representing a rise of 18.9% from 2011. In Europe though auto sales has been lower this year due to the recession and fiscal …
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Four different type of Santander bank ADRs trade on the New York Stock Exchange.In order to clarify any confusion when identifying the relevant ticker, here is a brief overview of the four ADRs: 1.Banco Santander SA (SAN): Santander is the Spain-based multinational banking group with operations in Spain, the United Kingdom, Portugal, the Latin American countries …
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Many major European indices have lagged the performance of the S&P 500 this year. Due to the ongoing fiscal crisis in Spain, Greece, Italy and other countries investors are apprehensive of investing in European stocks. Similar to U.S. companies, European companies are also in strong financial health as earnings reached record-high levels though they have …
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Foreign companies continue to pull their listings off the New York Stock Exchange (NYSE). Some of the reasons for this exodus include the burden of complex regulatory requirements, listing fees, costs, lack of enough liquidity and no significant valuation benefits. For example, German chemical giant BASF AG made the following statement when it listed on the …
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The top ten widely held ADRs by institutions as measured by ownership value (in $s) as of August end 2012 are listed below in descending order: 1.Company:Vodafone (VOD) Current Dividend Yield: 5.14% Sector: Telecom Country: UK 2.Company: Baidu Inc (BIDU) Current Dividend Yield: N/A Sector: China Country: Technology 3.Company: Royal Dutch Shell Plc (RDS.A) Current …