French ADR Stocks to be Hit with Financial Transaction Tax (FTT)

The French President Francois Hollande has introduced a tax on financial transactions effective  August 2, 2012. This tax of 0.2% applies on all stock purchases of publicly traded French companies with market capitalization of over over one billion Euros. France has become the first country to introduce this tax. While one goal of this tax is …

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French and German Equity Markets Are Cheap Based On Valuation

The CAC-40 and DAX indices are down 17.9% and 13.7% as of Nov 4, 2011. Both these indices were off much higher in early October but have since recovered some of the losses as some clarity has began to emerge on the solution to the Euro crisis. Click to enlarge Source: Yahoo Finance French and …

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A Review of the World’s Second Largest Retailer

Carrefour SA of France is the second largest retailer in the world after Wal-Mart(WMT) and is also the largest retailer in Europe. The group operates four main grocery store formats: hypermarkets, supermarkets, hard discount and convenience stores. Carrefour currently has over 15,500 stores worldwide, either company-operated or franchises. The major markets for Carrefour are: Asia, …

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