One of the main themes that is dominating business news nowadays is interest rates. More specifically the question on everyone’s mind is when will the Federal Reserve increase the fed funds rate from the ultra-low rates now. The talking heads, pundits, fed watchers and other experts debate this issue on a daily basis in the media, …
Continue reading ‘Infographics: What Rising Interest Rates Mean for You’ »
Sweden is home to some world-class companies. As a Scandinavian country outside of the Eurozone, investors can explore the Swedish market for potential investment opportunities. The following are ten of the large Swedish firms that appear in the FT Global 500 list: Hennes & Mauritz Nordea Bank Ericsson Atlas Copco Investor Svenska Handelsbanken TeliaSonera Swedbank …
Sweden-based Skanska AB, the world’s leading project development and construction group, converted its American Depositary Receipt (ADR) from an unsponsored program to Sponsored program on June 28,2013. Previously the ADR used to trade under the ticker SKSBY. The new sponsored ADR ticker is SKBSY. The ratio of ADR to ordinary remains the same at 1:1. Founded in 1887, …
Continue reading ‘Skanska ADR Conversion To Sponsored ADR’ »
Swedish bank Skandinaviska Enskilda Banken AB, also known as SEB, started trading on the US OTC markets as an unsponsored ADR effective Nov 12, 2013 under the ticker SVKEY. The ADR to Ordinary ratio is 1:1. SEB mainly serves corporations in the Nordic and other areas. From the corporate website: We are different from other Nordic banks …
Continue reading ‘New ADR: Skandinaviska Enskilda Banken AB’ »
The ten largest publicly-listed Swedish companies based on 2009 sales that appear in the Forbes Global 2000 list for 2010 are listed below: [TABLE=579] Related ETF: iShares MSCI Sweden Index Fund (EWD)