The World’s Top 10 Credit Card Issuers based on year-end 2009 data are listed below: 1. Bank of America (BAC) 2. Chase (JPM) – Had 119.4 million cards in circulation in the US 3. Citibank (C) – Had 92 million cards in circulation in the US 4. American Express (AXP) 5. Capital One (COF) – …
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The 50 Most Innovative Companies in the world for 2010 has been published by Bloomberg BusinessWeek in the latest issue. This year’s list is dominated by companies from Europe and Asia. Showing the rise of Asian emerging markets, for the first time 15 of the Top 50 are Asian and Greater China has as many …
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The “Numbers” column in the latest edition of Bloomberg BusinessWeek discusses the impact of recession on the alcohol business. Sales of alcholic beverages are proving to be recession-proof. Sales of expensive wines,beers and spirits have been flat to down compared to one year earlier. However sales of beer in the cheapest category have been up …
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The Dow Jones EURO STOXX 50 Index covers the 50 leading blue-chip stocks in the Euro Zone. The SPDR DJ EURO STOXX 50 ETF(FEZ) tracks the performance of the above index. The fund has an asset base of $155M and the dividend yield is 3.33%. French and German equities account for about 63% of the …
The largest 25 foreign companies by market capitalization(excluding Canadian Stocks) traded in the New York Stock Exchange are listed below: [TABLE=420] A few observations: Seven of the top 10 companies are in mining or energy sector Among the foreign banks, Brazil’s Itau Unibanco(ITUB), Spain’s Banco Santander (STD), UK’s HSBC(HBC) and Australia’s Westpac (WBK) are in …