Dividend preferred in shares,not in cash. Shares have been received.
Resolution of the political situation in Spain, not yet in sight, from the Popular Party, the Socialists and Podemos.
As for the secessionists,they should read about the American Civil War (1861-1865 ). After Sherman destroyed Atlanta, the union army headed for South Carolina where the treason began.
Then you have the awful PT party in Brazil and the necessity to strengthen Santander Consumer Holdings, based in Dallas,Texas.
All of these problems can and will be corrected.
Time to take the elevator to the first floor lobby and leave.
Coughing-up company money to H.C. is disgusting.
The Clinton Cookie is Crumbling.
It is increasingly evident.
Add the word ineluctable to your Wall Street vocabulary !
The voters will be soon comparing a fresh ,young unwrinkled face of M.R.- articulate and energetic, with the dour expression of H.C., and the misguided accusations of that old goat from Vermont .
Intesa Sanpaolo shareholders may want to read the commentary on the Italian banking system by Giovanni Sabatini, General Manager, ABI-the Italian banking association. It will help investors remove some of the contradictory detritus swirling around a clearer view of the Italian banking system.
Intesa is around 16.90 + and - a little.
Your headline for January 13th is not warranted.
The economic arrangement involving Colombia, Chile,Peru and Mexico will prove itself beneficial to investors who enter these economies through ETFs.
The coming dismantlement of the corrupt and moronic regime of communists in Venezuela will open more opportunities to the Andean companies.
Investors would be smart to disregard the salacious saliva coming from the mouths of the bears,and concentrate on the likely profitable situations that lie ahead.
A.Botin is not responsible for the political swamp in Spain or the thievery of the Brazilian politicians.
Banco Bilbao operates in many of the same areas of the globe as does Santander and its shares are also suffering. If you are required to make tax considerations concerning your holdings of BBVA and SAN,then selling -out is rational.
In the third paragraph of this article, it notes that the book that M.M. would take with him to a desert island is Ayn Rand's THE FOUNTAINHEAD.I have viewed the movie a couple of times in the past year.I have not read the book. The script and the acting stink ! However, the story is instructive, and the leading actor is Gary Cooper who makes the movie worth watching.
If you want to get inside the mind of Mauricio Macri,then you should view this film and the character played by Gary Cooper. Intelligence, obstinance and endurance are also the characteristics of M.M.
Portfolio managers ,speculators and investors would gain considerable insight into the thinking of this new president were they to view this movie.
This decline in the shares should come as no surprise.' Buy the expectation and Sell the result.' the expectation of major changes in Argentina became apparent after the elections in August,2013. Some profit taking is now occurring with BMA, BFR and GGAL, $59+,$21+,$25+ .What to expect in the coming days and weeks ? Conjecture only, and absolutely no claims for prescience:
Foreign investment and stock market gurus will now increase or better yet, initiate their exposure and advice to Argentine equities.The result will be another northward move in the prices of the bank stocks.It will be a case of demand versus supply. The market capitalization of the three banks listed in the above paragraph is puny ! Around $4BN for one and $3BN or so for the other two.
If, or when, the Central Bank of Argentina extends its blessings for the banks to release their dividends to shareholders, that would point in the right direction for the future, and the green light would glow more brightly.
Based upon the biography, as contrasted to the hagiography of Mauricio Macri, this new president is a man of fast action !
Either way, there will be lots of criticism. The fast approach will result in big disruptions and anger many; the gradual approach will also result in criticism as being too slow and reneging on the campaign promise of major changes in the formulation and execution of policies. What to do ?
Possible approach: gradually reduce subsidies with an expiration date;terminate capital controls;settlement with the holdouts; market-friendly economy minister and cabinet, allow the banks to pay dividends to their shareholders; a new regime at the Central Bank of Argentina;remove the handcuffs from the media; discard the anti-American rhetoric; inform that harridan in Uruguay, Lucia Topolansky , to mind her own business. Argentina does not require her meddlesome cacophony !
That is just for starters !
Article on the economic problems in Mozambique.The depressed markets for the natural resources and dependency of the various economies, south of the Sahara on this sector seem to be clearly weighing on the shares of the African-related issues, such as AGRPY,EZA,AFK ,NGE.
When the turn appears in these issues,the selling will already have been accomplished, and the initial demand will likely propel the prices northward, as there will be little overhang to stop a fast movement of prices,