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Peru ETF Confronts Politics
Monday, June 13, 2016 - 8:46am | 551Thanks in large part to soaring precious metals prices, the iShares MSCI All Peru Capped Index Fund (NYSE: EPU) is up nearly 48.7 percent this year. That is better than triple the returns offered by the iShares S&P Latin America 40 Index (ETF) (NYSE: ILF) and more than 11 times the performance...
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Peruvian Punishment: A Market Classification Demotion Could Await Peru
Tuesday, August 18, 2015 - 11:18am | 690This how bad things for exchange traded funds tracking Latin American stocks in 2015: Of the six significant single-country ETFs tracking large-cap stocks in various Latin American nations, just one, the Global X MSCI Argentina ETF (NYSE: ARGT), is up year-to-date. Of the five losers, the...
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Credit Suisse Downgrades Gran Tierra, Names Top Pick To Survive Low Oil
Monday, January 26, 2015 - 9:42am | 149David Phung of Credit Suisse on Monday downgraded shares of Gran Tierra Energy Inc. (NYSE: GTE) to Neutral from Overweight with a price target lowered to $3 from $5 on the back of disappointing well results in Bretana Sur, which comprised a prior positive investment thesis of Columbia funding...
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CFOs Expect Significant Global Incidents Of Labor Unrest
Wednesday, June 11, 2014 - 2:01pm | 676The job of a Chief Financial Officer is complex and often high-risk, since CFOs are responsible for their company's financial strategies. The position also forces CFOs to think long-term, which allows them to see trends and practices developing well ahead of others in executive management...
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Peru's Pleasant Surprise
Thursday, August 30, 2012 - 8:31am | 856When it comes to GDP growth estimates and reported figures, emerging markets have disappointed as a group in 2012. China's growth rate of 7.6 percent in the second quarter was viewed as not enough by those that have become accustomed growth in excess of eight percent. That was China's lowest GDP in...
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Lazarus ETFs: 2011's ETF Laggards Become 2012 Studs
Wednesday, February 1, 2012 - 2:48pm | 734Not looking to offend anyone's religion or views on the matter (all are welcome in this space), we'll briefly recall the biblical story of Lazarus, who was raised from the dead. The parable is essentially a lesson in persevering through hard times and in that vein, it's relevant to the financial...
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Peru Stock Market Halted
Monday, June 6, 2011 - 10:21am | 76In light of the incredible volatility we are seeing today in Peru, the national stock market has been halted. Names like Compania de Minas Buenaventura SA (NYSE: BVN), iShares MSCI All Peru Capped Index Fund (NYSE: EPU) and BPZ Resources (NYSE: BPZ) are all down sharply on concerns over the...
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Timber! Peru Stocks Getting Killed On Election Implications
Monday, June 6, 2011 - 9:29am | 174Peru stocks are getting crushed this morning on concerns over the Peru national election, leading to investors selling shares. Names like iShares MSCI All Peru Capped Index (NYSE: EPU), Compania de Minas Buenaventura SA (NYSE: BVN) and BPZ Resources (NYSE: BPZ) are all getting hit sharply this...
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Facebook Approaching 700 Millionth User
Tuesday, May 31, 2011 - 9:20am | 163If Sony (NYSE: SNE) could go back in time and re-market The Social Network with current information, the film's tagline would have read, “You can't make 700 million friends without making a few enemies.” That's right Facebook users, Business Insider reports that the social network that everyone...