Emerging Market Sectors Mixed After Tuesday’s Pullback (GOL, TAM, PNCL, DAL, UAUA, PTI, TTM, ROSYY, HIHO, CCM, PWRD)
Posted by Jason Smith at 3:45PM on June 30th
Domestic benchmarks were flat on Wednesday as traders recovered from Tuesday’s beatdown, but BRIC emerging markets stocks were mixed with select individual winners gaining as much as 5%.
As a whole, the Brazil Stocks and ADRs Index is up by 1% for…
Posted by Sue Miller at 6:51AM on June 7th
AT&T (T) is in discussions with India’s Reliance Communications concerning its plans to take a significant minority stake in the Indian cellphone company, according to the Wall Street Journal. The deal would give AT&T up to a 26% stake in Reliance…
Posted by Owen Vater at 12:01PM on July 10th
Outsourcing stocks were up on Friday, still leaving many in negative territory for the week.
Yesterday, the Financial Times reported on the growth of India’s outsourcing industry, which “has risen to become the foundation of the country’s modern economy.” A significant portion…
Posted by Max Magee at 11:11AM on May 18th
Stocks surged in India after the Congress Party prevailed in elections.
Indian stocks and ADRs are soaring today as investors rejoice over Manmohan Singh’s reelection as Prime Minister. Singh, formerly the nation’s Finance Minister, helped introduce India’s first free-market reforms in…
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