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Risks And Rewards With The Ireland ETF
Tuesday, March 14, 2017 - 7:13am | 439Among single-country exchange traded funds tracking European economies, the iShares MSCI Ireland Capped ETF (NYSE: EIRL) often goes overlooked. That's particularly true this year with investors instead focusing on the many Eurozone nations where potentially market-moving national elections are...
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Why Bermuda Could Be The Next Switzerland
Thursday, March 2, 2017 - 9:52am | 1172Bermuda is an island in the North Atlantic Ocean, about 665 miles east of Cape Hatteras, North Carolina. Over time, this subtropical paradise became especially popular among U.S. tourists looking for non-crowded white-sanded beaches, green water and coral reefs. However, there is much more to the...
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Ireland's Appeal Of The EU's Apple Tax Ruling Expected This Week
Wednesday, November 9, 2016 - 11:55am | 427Apple Inc. (NASDAQ: AAPL), which is perpetually in the spotlight, now has one more reason to be in the news. Ireland is set to formally table its appeal against the multi-billion-euro fine imposed by the European Commission on the company in late August this year. Irish Finance Minister Michael...
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Irish Eyes Could Smile Again For This ETF
Tuesday, September 13, 2016 - 10:48am | 548As recently as last year, the iShares MSCI Ireland Capped ETF (iShares MSCI Irld Cp Invstb Mrkt Indx Fd (NYSE: EIRL)) was a leader among single-country Europe exchange-traded funds, posting a 2015 gain of nearly 23 percent. That was by far the best showing among the ETFs tracking PIIGS economies. A...
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Here's Why It's OK To Be Confused By The European Union's Tax Ruling Against Apple
Tuesday, August 30, 2016 - 4:15pm | 410The fact that Apple Inc. (NASDAQ: AAPL) is said to owe more than $14 billion in back taxes to the government of Ireland isn't necessarily a confusing concept. The fact that Ireland doesn't want the cash is. Shares of Apple were down more than 2 percent Tuesday, but recovered to close at...
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Tim Cook Fires Back At European Commission Over Irish Tax Discrepancy
Tuesday, August 30, 2016 - 3:07pm | 308Apple Inc. (NASDAQ: AAPL)'s battle with Ireland over taxes continues to gain steam with Tim Cook's latest comments berating the European Commission. "The European Commission has launched an effort to rewrite Apple's history in Europe, ignore Ireland's tax laws and upend the international tax system...
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Facebook The Latest Big Tech Company With Tax Problems
Thursday, July 7, 2016 - 3:15pm | 390Facebook Inc (NASDAQ: FB) is the latest big-name tech company to answer questions regarding its tax bill. This week, the U.S. Justice Department filed a petition to force Facebook to comply with an investigation into property the company transferred to an Ireland subsidiary for tax purposes back in...
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Irish Eyes Aren't Smiling About Brexit
Thursday, June 30, 2016 - 7:03am | 456Prior to the Brexit decision, the iShares MSCI Ireland Capped ETF (NYSE: EIRL), the lone exchange traded fund dedicated to Irish equities, was struggling. Along comes the Brexit stunner and EIRL was among the many Europe single-country ETFs that sank more than 10 percent last Friday. Even after...
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Italy ETF Waiting On Banking Reforms
Thursday, May 12, 2016 - 1:14pm | 521On a year-to-date basis, the Global X MSCI Greece ETF (Global X Funds (NYSE: GREK)) is the only single-country exchange-traded fund tracking a PIIGS economy that is trending upward. Then again, none of those ETFs have been nearly has bad as the iShares MSCI Italy Index (ETF) (NYSE: EWI). The...
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Apple's Tax Deal With Irish Regulators Could Take Longer Than Expected
Monday, April 4, 2016 - 11:14am | 187Apple Inc. (NASDAQ: AAPL) disclosed to investors last year that it expects "material" tax repercussions if the European Commission rules against the company over alleged tax avoidance, particularly in Ireland. Specifically, Apple may have avoided international tax rules in Ireland by...
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Irish Political Party: We'll Pursue Apple If It Owes Back Taxes
Thursday, January 21, 2016 - 1:00pm | 421Ireland's left-wing Sinn Féin political party stated that it will come after Apple Inc. (NASDAQ: AAPL) if the tech giant owes back taxes, after the ongoing European Commission investigation Apple Insider reported. A Sinn Féin spokesman told Bloomberg, "It's ridiculous in the extreme for the...
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Playing With PIIGS...ETFs That Is
Tuesday, September 22, 2015 - 3:36pm | 693There are still pockets of weakness among the PIIGS (Portugal, Ireland, Italy, Greece and Spain), the countries previously and some still known as Europe's problem children, but investors should not outright shun opportunity with the PIIGS. These Little PIIGS Went To Market Entering Tuesday,...
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Europe Steps Up Its Attack On Facebook
Tuesday, June 16, 2015 - 12:05pm | 395In Europe, a complete overhaul of the region's fractured digital market has prompted officials to take a closer look at big name tech firms' operations to ensure they meet the changing standards. Recent standard changes are being implemented on everything from anti-monopoly rules to privacy...
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Will E-Cigarettes Replace Traditional Cigarettes?
Thursday, June 11, 2015 - 11:51am | 502The popularity of vaporizer pens, or e-cigarettes, has soared over the past few years, as smoking bans have been enacted and public preferences have shifted toward more health-conscious choices. The devices vaporize liquid nicotine, which is then inhaled by the user. These instruments are presumed...
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Is Apple Expanding In Ireland?
Tuesday, May 12, 2015 - 11:15am | 283In a report published Tuesday, JP Morgan analyst Rod Hall commented on reports that Apple Inc. (NASDAQ: AAPL) is believed to be exploring a major expansion of its key Irish plant just months after completing a "massive" 300 million euro development. Apple has operated in Cork, Ireland since 1980...