Whenever a company prepares for a public offering, executives have been known to spend an inordinate amount of time choosing the combination of letters that will serve as the company’s ticker and often nickname within the investment community. To many, the fixation on selecting the perfect ticker seems like an irrational obsession on par with Patrick Bateman’s affinity for business cards. But there’s some evidence to support the idea that picking a clever ticker can be worth quite a bit of money. [click to continue…]
by Eric Dutram on October 28, 2009 | Updated April 30, 2010
With sluggish growth forecasted for the next few quarters an unemployment rate quickly approaching 10%, many U.S. investors are looking beyond their borders for new investment opportunities. While developed European and Asia Pacific economies have received a significant amount of attention, the most popular investment destinations remain the four largest emerging market countries: Brazil, Russia, [...]
The swelling controversy over the risks associated with leveraged ETFs has apparently caused its first casualty. St. Louis-based Edward Jones & Co., the prominent financial services firm, decided during a regular review of its products in June to stop selling leveraged funds, citing the fact that they are “one of the most misunderstood and potentially dangerous [...]
ProShares, a leader in the inverse and leveraged ETFs, today launched four new ETFs offering magnified exposure to international markets. The funds, which seek 200% of the daily returns of their target indexes, are: Ultra MSCI EAFE (EFO) Ultra MSCI Emerging Markets (EET) Ultra FTSE/Xinhua China 25 (XPP) Ultra MSCI Japan (EZJ) Commenting on the new [...]