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MercadoLibre Downgraded On $53M Hit From Higher Brazilian Shipping Costs
Thursday, March 15, 2018 - 9:41am | 399Read More...Mercadolibre Inc (NASDAQ: MELI), an Argentinian e-commerce company with exposure to multiple Latin America countries including Brazil, faces a negative near-term catalyst that prompted Stifel to downgrade the stock. The Analyst Stifel's Scott Devitt downgraded MercadoLibre's stock...
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The Low Volatility Way To Play Emerging Markets
Friday, March 9, 2018 - 3:43pm | 519Read More...Ex-U.S. equity exchange-traded funds have been popular destinations for investors for over a year, but some investors like the idea of skirting volatility in international markets. This is particularly true with emerging markets stocks. The iShares Edge MSCI Min Vol Emerging Markets ETF (CBOE:EEMV...
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Morgan Stanley, BofA Positive On Pagseguro, Brazil's 'Square With A Twist'
Tuesday, February 20, 2018 - 12:54pm | 681Read More...Brazil-based Pagseguro Digital Ltd (NYSE: PAGS) raised around $2.27 billion in its January initial public offering. The fintech company's business model is similar to that of Square Inc (NYSE: SQ) and offers card processing services to smaller merchants that are dependent on Brazi's...
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Brazil ETF Defiant In The Face Of Political, Credit Headwinds
Monday, January 29, 2018 - 5:27pm | 501Read More...Last year, the iShares MSCI Brazil ETF (NYSE: EWZ), gained 23.7 percent, a performance that on its own sounds impressive, but in reality is not when considering the MSCI Emerging Markets Index jumped 37.3 percent. EWZ, the largest exchange traded fund dedicated to stocks in Latin America's...
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Brazil ETF Steady As Petrobras To Stay In Government Hands
Thursday, September 21, 2017 - 8:32am | 464Read More...The iShares MSCI Brazil Capped ETF (NYSE: EWZ) closed modestly higher Wednesday, extending its one-month gain to almost 12 percent. Brazilian stocks and exchange-traded funds such as EWZ could be boosted by plans to keep Brazilian oil giant Petrobras SA (NYSE: PBR) in government control. Although...
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Keep The Emerging Markets, Lose China With This ETF
Friday, July 21, 2017 - 9:22am | 478Read More...Seasoned emerging market investors know that even supposedly diversified emerging markets exchange-traded funds are heavily allocated to Chinese stocks. Those allocations stand to increase following MSCI's June announcement that China A-shares, the stocks trading in Shanghai and Shenzhen, will...
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U.S. Finally Joins Other Countries In Banning Bad Beef In Brazilian Bribery Scam
Friday, June 23, 2017 - 9:46am | 457Read More...A scandal involving spoiled meat from Brazil has prompted the United States to finally join other nations in banning imports from the country, where food inspectors were purportedly bribed to turn a blind eye to bad beef. The ban was announced Thursday by U.S. Agriculture Sonny Perdue, an appointee...
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Think Politics Is A Factor In Today's Market? Analyst Says Think Again
Wednesday, June 14, 2017 - 11:56am | 385Read More...Who cares about politics? Investors clearly don't, at least according to Morgan Stanley's Ruchir Sharma. Investors want to care about politics and use it as a factor in decision making, but at the end of the day politics in developed countries like the United States is "minimal,"...
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Brazil ETF Deals With Specter Of Credit Downgrade
Wednesday, May 24, 2017 - 8:11am | 532Read More...The iShares MSCI Brazil Capped ETF (NYSE: EWZ) and other exchange traded funds with large exposure to Brazilian have recently been wracked by controversy as another political corruption probe works its way though Latin America's largest economy. After plunging more than 16 percent May 18 in...
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Agenda On Hold: Temer's Brazilian Economic Reform Stalls Amid Scandal
Friday, May 19, 2017 - 2:05pm | 360Read More...U.S.-listed Brazilian stocks crashed this week amid fears that another political scandal will result in the impeachment of President Michel Temer. Temer, who ran on a platform of economic reform, has been in office for less than a year, but a new report by Brazilian newspaper O Globo has accused...
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An Idea For When Emerging Markets Rebound
Friday, May 19, 2017 - 9:27am | 528Read More...The corruption-induced plunge in Brazilian equities is shaking broader emerging markets exchange-traded funds. As Latin America's largest economy, Brazil is often featured prominently in diversified emerging markets ETFs, meaning even ETFs with exposure to 15 or 20 emerging markets are being...
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Brazil Is No Stranger To Corruption: What Trump And The US Can Learn
Thursday, May 18, 2017 - 3:30pm | 959Read More...Not yet a year into his presidency, Brazilian President Michel Temer is facing a major bribery scandal that has sent Brazilian stocks tumbling. JBS, the world’s largest meat producer, owner Joesley Batista secretly taped the president encouraging continued bribery of a jailed former-...
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President Temer Bribery Report Is Crushing Brazil
Thursday, May 18, 2017 - 9:53am | 492Read More...U.S.-listed Brazilian stocks are crashing on Thursday on fears that another political scandal will result in the impeachment of President Michel Temer. Temer, who ran on a platform of economic reform, has been in office for less than a year, but a new report by Brazilian newspaper O Globo has...
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Alexion Shares Under Pressure Amid Brazilian Office Raid; Barclays Says Buy The Dip
Tuesday, May 9, 2017 - 9:12am | 331Read More...Shares of Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN), a biopharmaceutical company perhaps most known for its Soliris therapy fell more than 3 percent during Monday's trading session. Investors and traders were reacting to a Bloomberg report, which said Alexion's offices in Brazil were raided by...
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A Lower Fee For This Emerging Markets Bond ETF
Thursday, April 27, 2017 - 11:45am | 362Read More...The VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (NYSE: EMLC) is one of the dominant names among emerging markets bond exchange traded funds. Going a step further, EMLC is perhaps the king of emerging markets bond ETFs where the fund's holdings are denominated in local currencies, not...
















