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It'll Be A While Before Saudi Arabia Gets An EM Upgrade
Monday, May 16, 2016 - 8:09am | 497Read More...The iShares MSCI Saudi Arabia Capped ETF (NYSE: KSA), the lone exchange-traded fund dedicated to stocks in the Gulf Cooperation Council (GCC) nation, is down nearly 1.1 percent year-to-date, a disappointing performance when noting the United States Brent Oil Fund, LP (NYSE: BNO) is higher by 19.5...
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Emerging Markets Promotion Still Murky For Saudi Arabia ETF
Tuesday, February 16, 2016 - 9:24am | 571Read More...The iShares MSCI Saudi Arabia Capped ETF (NYSE: KSA) debuted in September, undoubtedly in auspicious timing for the first U.S.-listed exchange-traded fund tracking equities in the largest member of the Organization of Petroleum Exporting Countries (OPEC). While the iShares MSCI Saudi Arabia Capped...
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Where's The Bottom For Oil?
Friday, January 16, 2015 - 12:36pm | 400Read More...Since November 2014 when OPEC decided against a production cut, crude prices have been rapidly declining, oil companies have been struggling to stay afloat and share markets have been pummeled. The volatile trading environment and uncertainty about the long-term effect crude prices could have on...
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What The Market's Reading: 'Threats In 140 Characters Or Less'
Tuesday, January 13, 2015 - 8:58pm | 569Read More...Threats In 140 Characters Or Less The U.S. military suffered a hacking attack on its Twitter Inc (NYSE: TWTR) and YouTube accounts on Monday, January 12, further highlighting the growing threat of cyber attacks as a form of terrorism. The hacking group claimed to be a supporter of ISIS and...
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Choose Wisely With 'Frontier Market' ETFs
Friday, April 25, 2014 - 4:00pm | 475Read More...Frontier markets are on the outer fringe of the international investment community, and are considered less developed than emerging markets. In addition, they generally involve countries with questionable political and economic stability due to leadership missteps. Many of these countries...
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Samsung To Apple On Gold Phones: Been There, Done That
Monday, September 30, 2013 - 2:32pm | 547Read More...Apple's (NASDAQ: AAPL) new gold colored iPhone 5S is getting a lot of press. Samsung (OTC: SSNLF) is not impressed. Maybe that’s because Samsung has seen gold colored phones before. Eight times before, in fact. Samsung’s first gold phone, the Anycall Athens Olympic Phone came out in 2004. The...
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Tiffany Surprises Investors With Optimistic Earnings Report, Share Price Jumps
Monday, August 27, 2012 - 11:02am | 545Read More...Shares of luxury jewelry retailer Tiffany & Co. (NYSE: TIF) were at a three month high Monday morning, following an earnings report that wasn't as negative as investors had expected. Tiffany & Co. reported revenues at $887 million, below the expected $890.85M, but two percent above the...
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MSCI: South Korea Still Emerging, Greece Could Be On Its Way (EWY, EWT, GREK)
Wednesday, June 20, 2012 - 7:01pm | 837Read More...MSCI (NYSE: MSCI), a firm with indexes tracked by dozens of developed and emerging market ETFs, said that its MSCI Greece Index has been added to the review list for potential reclassification to emerging markets status. In the report, MSCI stated, "[t]he MSCI Greece Index is structurally no...
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License Plates Could Be Untapped Source for State Revenue
Friday, July 22, 2011 - 1:50pm | 525Read More...With public calls for tax cuts, substantial state budget shortfalls, and legislative moves to cut state government spending, state governments are going to have to start getting creative in raising funds. One way in which state governments could raise a good amount of funding could be through the...
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The Emirates Palace Hotel Constructs $11M Christmas Tree
Thursday, December 16, 2010 - 9:37am | 122Read More...According to kcautv.com, Abu Dhabi in the United Arab Emirates celebrates Christmas with an $11 million dollar tree decorated with gold ornaments and gem stubbed bows. The host of this extravagant decor is the Emirates Palace Hotel, a no-nonsense resort sporting its own marina, heli-pad and a...
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Dubai World Nears Debt Restructuring Agreement
Friday, September 10, 2010 - 11:11am | 205Read More...Dubai World, the troubled investment company based out of the United Arab Emirates said that they had reached an agreement with nearly all of their creditors on Friday on a plan to restructure $24.9 billion in debt. The company, owned by the state of Dubai, believes that it should be able to...
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UAE: BlackBerry Poses Security Risk (RIMM)
Monday, July 26, 2010 - 5:12am | 153Read More...The United Arab Emirates said Sunday that Research in Motion's (NASDAQ: RIMM) BlackBerry poses a security threat, and it would take action to protect consumers. BlackBerry was operating "beyond the jurisdiction of national legislation," the UAE's Telecommunications Regulatory Authority said in a...
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Top 10 Largest Buildings in the World
Friday, June 4, 2010 - 6:00am | 1158Read More...Looking at the Philadelphia skyline (or any city skyline, for that matter) it is easy to see that in any city the only way to maximize floorspace is to move upward. It is interesting to note that this is not always the case, as the largest building in the world (by floorspace) is a...
