|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||67.76 - 68.18|
|52 Week Range||64.56 - 75.27|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.32%|
After surging last year, ex-US developed markets exchange traded funds are struggling this year. For example, the widely followed MSCI EAFE Index is lower by more than 4% year-to-date. The iShares MSCI EAFE ETF (EFA) , which tracks the MSCI EAFE Index and is the largest international equity ETF in the U.S., is coming off a rough June that saw the ETF make some ominous technical moves.
Key emerging market economic indicators released in the past week include the following: India manufacturing PMI India final services PMI Indonesia manufacturing PMI Mexico manufacturing PMI Brazil final manufacturing PMI Russia final manufacturing PMI China final manufacturing PMI China final services PMI Brazil final services PMI Russia services PMI
With the dollar strengthening, now is the ideal time for investors to reconsider the advantages of hedging currency risk with international equities and exchange traded funds, such as the iShares Currency ...
The once-sluggish U.S. dollar is roaring back with vengeance. For the 90 days ended May 15, the PowerShares DB US Dollar Bullish ETF (NYSE: UUP ) returned 4.7 percent. While dollar strength is not yet ...
Currency-hedging won't always help performance and could hurt tax efficiency, but it should consistently reduce volatility. Its diversified portfolio captures a large chunk of the available foreign market capitalization while also hedging currency risk. The fund tracks the MSCI EAFE 100% Hedged to USD Index, which covers stocks from the MSCI EAFE Index while hedging currency risk.
Major emerging market economic indicators released in the past weeks include the following: India’s manufacturing PMI (purchasing managers’ index) Brazil’s manufacturing PMI Russia’s manufacturing PMI China’s manufacturing PMI India’s service PMI China’s service PMI Brazil’s service PMI Russia’s service PMI Indonesia’s manufacturing PMI Mexico’s manufacturing PMI
On Friday, Ericsson (ERIC) stock surged more than 17% after the telecom equipment maker posted profits for the first quarter of 2018. Ericsson closed the day up $1.14 at $7.78 on the company’s better-than-expected earnings in 1Q18. The company noted that its turnaround strategy has been bearing fruit, which is helping to reduce losses and boosting investors’ confidence, as is reflected in the stock price.
Some new exchange-traded funds are well-timed. Others, not so much. To be fair, good timing with new ETFs is often a matter of coincidence, but as the old saying goes, “it's better to be lucky than good.” ...
One of the more notable themes in the world of exchange-traded funds last year was investors affinity for international equity funds. When 2017 drew to a close, five of the year's top 10 asset-gathering ...
Recently, Melita announced that it has partnered with Ericsson (ERIC) to modernize its mobile networks. Melita is a telecommunications company that provides services in verticals including cable television, broadband Internet, and mobile telephone. Melita Mobile should now be able to provide customers with a 4.5G mobile network with initial Internet speed up to 200 Mbps.
Nokia (NOK) has a dividend yield of 4.4%, indicating an annualized payout of $0.24 per share and a dividend payout ratio of 61.2%. Peer companies Cisco (CSCO), Juniper (JNPR), and Europe’s (EFA) Ericsson (ERIC) have dividend yields of 3%, 2.9%, and 2%, respectively. The company completed its share repurchase program of 1 billion euros as well as its 7 billion capital structure optimization program, which it announced back in October 2015.
In 4Q17, Nokia’s (NOK) Networks segment experienced YoY (year-over-year) growth in mobile networks, applications and analytics, and IP (Internet protocol) and optical networks driven by strength in its product portfolio. Nokia has stated that the performance of its AirScale product has been good. Earlier this year, Nokia announced that it had partnered with NTT DoCoMo (DCM) in the 5G (fifth-generation) space.
Mobile networks have been focusing on individual customers through voice and SMS (short message service) in 2G (second generation) and Web browsing, video streaming, and high-speed Internet in 3G (third-generation) and 4G (fourth-generation) technology. The transition to 5G (fifth-generation) technology is expected to serve consumers as well as industries. Applications such as 4K and 8K video streaming VR (virtual reality) and AR (augmented reality) will mean a requirement for higher bandwidth, greater capacity, and increased security.
Fitbit (FIT) stock has fallen 12.5% since the firm announced its 3Q17 results on November 1, 2017. Fitbit has been affected by declining sales over the last two years, and the company has attributed this fall in sales to saturation in developed markets in the United States and Europe (EFA). Although Fitbit has introduced various products in the last two years, device sales haven’t met expectations. Fitbit’s management is still optimistic about long-term device sales and had stated that Fitbit was the number-one Health and Fitness application downloaded on iOS and Android (GOOG)(GOOGL) in 3Q17.