Effective March 30,2009, Commonwealth Bank of Australia’s American Depositary Receipt (ADR) stock started trading in the OTC market with the ticker CMWAY. Each ADR represents one ordinary share. The depository bank is The Bank of New York Mellon. A profile of the bank from their corporate site: “The Commonwealth Bank is one of Australia’s leading …

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Even in bear markets some good companies list their stocks in the stock exchanges.So its a worth a look to keep an eye on them. The following are some of the new foreign stocks (ADRs) that were listed in the New York Stock Exchange: 1. Safe Bulkers, Inc. (SB) is in the shipping industry.Transports grain,ore …

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