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French Luxury Stocks Fall As Tax Concerns Rise After Left-Wing Election Upset: 'A Left Government Might Pose Challenges For Billionaire Owners'
Monday, July 8, 2024 - 9:18am | 761French stocks experienced a mixed trading session Monday as investors assessed the implications of an unexpected left-wing victory in Sunday's second round of legislative elections. At 8:30 a.m. ET, the CAC 40 index, which tracks the forty largest companies in France by market capitalization, was...
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4 Of The Biggest Differences Between Capitalism And Communism
Thursday, May 12, 2022 - 2:46pm | 267Most Americans are aware that Cuba has a communist government. However, the economic distinctions between the U.S. capitalist structure and Cuba’s communist structure may not be so clear. Here’s a look at four ways capitalism and communism are different. 1. Factors Of Production Factors...
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Cuban Opportunity: President Trump Vs. Castro's Death
Tuesday, December 13, 2016 - 1:19pm | 373Fidel Castro's death could renew investor attention to the Herzfeld Caribbean Basin Fund, Inc (NASDAQ: CUBA), a closed-end investment fund with direct exposure to the Caribbean Basin country. In a research report dated Tuesday, Jon Hickman of Ladenburg Thalmann suggested Castro's death could mark...
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Potential Losers If Trump Terminates U.S.-Cuba Relations
Thursday, December 1, 2016 - 10:35am | 963The political ramifications of Trump's ascendancy to the president's office are far too many to fathom. One of the most likely policy changes Trump is expected to bring about is snapping off ties with Cuba, with which the United States resumed diplomatic relations only recently. Understanding The...
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CUBA ETF Management Responds To The Death Of Fidel Castro
Wednesday, November 30, 2016 - 9:12am | 404Fidel Castro, Cuba's revolutionary dictator, passed away November 25. Shares of Herzfeld Caribbean Basin Fund, Inc (NASDAQ: CUBA), a fund that seeks to invest in companies that benefit from economic development in Caribbean countries including Cuba, rose more than 10 percent in pre-market...
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Fidel Castro's Death Has CUBA ETF Flying Higher
Monday, November 28, 2016 - 10:54am | 439Shares of the Hertzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) are higher by more than 10 percent in pre-market trading Monday following news over the weekend of the death of Fidel Castro. Investors speculating that Castro's death could lead to a new era of prosperity in Cuba and a renewed...
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Cuba May Be Ready To Change Its Economic Model
Thursday, September 9, 2010 - 3:50pm | 182In a report from Bloomberg, Fidel Castro, 84, signaled that Cuba may be drastically changing how the economy works on the island nation, and may start to move towards a more capitalist society. In a nation famous for its Communist ideals, Cuba is now looking to private enterprise for growth. In a...