Most banks try to grow at all costs, even when that’s exactly the wrong thing to do. Being too aggressive in extending credit during an economic boom can crush a lending institution when the good times end. With its extensive exposure to Central and South America as well as the Caribbean, Banco Latinoamericano de Comercio Exterior (NYSE:BLX), also known as Bladex, knows all too well what can....More>>>
Ontario Teachers Pension Plan Board raised its stake in shares of Estee Lauder Companies Inc (NYSE:EL) by 6.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,808 shares of the company’s stock after buying an additional 4,681 shares during the period. Ontario Teachers....More>>>
The idea was simple: Short the rand against the lira.
It was a trade that became popular in early to mid-2017 as South Africa’s prospects dimmed and Turkey’s looked as if they were improving. Bank of America Corp. and JPMorgan Chase & Co. were among the Wall Street banks that recommended it to their clients.
And for a while, it worked, especially after former South....More>>>
Gol Transportes A茅reos (NYSE:GOL) shares traded down 5.4% on Monday . The company traded as low as $9.72 and last traded at $9.75. 524,965 shares traded hands during mid-day trading, an increase of 40% from the average session volume of 374,811 shares. The stock had previously closed at $10.31.
A number of research analysts have weighed in on the stock. Bank of America lowered shares of....More>>>
In my post yesterday, I mentioned that investors with advisors – even run-of-the-mill ones – often do better than DIY investors, mainly because they’re following the program set by their advisor, and the advisor is following the program in which he or she was trained, which is to, well, stick with the program – in markets both good and bad.
I happened to run across....More>>>
Canada’s biggest pension plan aims to back as many as four fledgling hedge funds a year at a time when investors are balking at high fees and disappointing returns from the industry’s biggest managers.
Canada Pension Plan Investment Board has made initial investments of as much as $250 million each in five startups and young hedge funds under its Emerging Managers Program in....More>>>
Russias Putin has never taken his eye off the ball. His ambition is not global hegemony or European conquest. Putin seeks what Russia has always sought: regional hegemony and a set of buffer states in eastern Europe and central Asia that can add to Russias strategic depth.
In Syria, Russia has the warm water port of Tartus which is important when you consider that most Russian ports are....More>>>
They’re the giants among marijuana stocks. But they’re as different as night and day.
Canopy Growth (NASDAQOTH:TWMJF) ranks as the biggest pure-play marijuana stock on the planet right now, with a market cap of $4.6 billion. GW Pharmaceuticals (NASDAQ:GWPH) comes in second with a market cap of $3.8 billion. The former is the largest Canadian supplier of medical marijuana, while....More>>>
That didn’t take long. On Wednesday the U.S. Department of Commerce (DOC) recommended the imposition of a 300% duty on all Bombardier passenger jets imported into the United States from Canada.
The recommendation follows Tuesday’s hearing before the U.S. International Trade Commission (ITC) where Bombardier and Boeing Co. (NYSE: BA), along with other interested parties, weighed....More>>>
The Athabasca Basin is a region covering around 100,000 square kilometers in the Canadian Shield of northern Saskatchewan and a small portion of Alberta in Canada that suppliesas much as20% of the world’s uranium. Its also the world’s leading source of high-grade uraniumas10 of the 15 highest grade uranium deposits in the world are found in the region.
Uranium was first discovered....More>>>