Yesterday November 7,2008 Royal Bank of Scotland Group plc(RBS) completed a reverse split in the ratio of 20:1 of its ADR shares traded in New York. This reverse split was first announced on Oct 30,2008 (Source: RBS Investor Relations Site): Royal Bank of Scotland Group PLC- RBS Ratio Change for ADR Holders “To maintain an …
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London, UK In April of this year, the marketing research firm Millward Brown, released the third annual Top 100 Brandz list. According to the report, companies that own the brands in this top 100 list “have significantly outperformed the stock market when compared to the S&P 500”. The rankings are based on analysis of financial …
Tesco and Sainsbury are two large supermarket chains in the UK. With food prices rising worldwide and in UK, it may be worth looking into these stocks.Both these companies trade as ADRs in the OTC market.Some basic details about these ADRs are noted below: 1. Sainsbury Plc – JSAIY Company profile: “J Sainsbury plc is …
There was an article in the “This is Money” site on May 8th about British bank stocks. The article basically suggested that maybe its time to cherry pick some of these battered banks.Experts seem to believe that the worst of the credit crunch is finally over and that good times are ahead for British banks. …
The following is a list of British ADRs listed in the US: [TABLE=15] ** BBL,RTP,SSEZY,LGGNY,ITY,AZN,BCS,BSYare in this year’s Business Week’s list of “Euro BW 50“.