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Turkish Telecoms: The Next Great Investment?
Thursday, September 17, 2015 - 9:24am | 416Read More...Analysts at JP Morgan are bullish on Turkish telecom providers. Shares of TURK TELEKOMUNIKASYO (OTC: TRKNF) was upgraded to Overweight while shares of Turkcell Iletisim Hizmetleri A.S. (ADR) (NYSE: TKC) were maintained at Overweight. Both investments are expected to yield a 25 percent...
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Turkey ETF Could Be Next To Be Stung By Credit Downgrade
Monday, September 14, 2015 - 7:50am | 556Read More...In the wake of the iShares MSCI Brazil Capped ETF (NYSE: EWZ) being stung by Standard & Poor's stripping Brazil of its investment-grade credit rating, financial market participants, as they so often do, are wondering what country could be next to draw the ire of a major ratings agency....
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The Turkey ETF Is, Well, A Turkey
Friday, August 14, 2015 - 12:52pm | 519Read More...The iShares MSCI Turkey ETF (NYSE: TUR) was trading modestly higher Friday and while those gains can be measured in mere pennies, they are enough to keep the lone Turkey exchange traded fund from making another multi-year low. Turkey has long been mentioned as one of the emerging markets most...
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Stryker Corporation CEO Weighs In On Q2 Earnings And Muka Metal Acquisition
Friday, July 24, 2015 - 1:57pm | 349Read More...Medical technology company Stryker Corporation (NYSE: SYK) came out with better than expected second-quarter numbers on Thursday post market closing. The company also raised its 2015 sales growth guidance to 6.5–7.5 percent from 6–7 percent earlier. Kevin Lobo, Stryker chairman and...
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Hormel Foods Comments On Detection Of Avian Influenza At Turkey Farms
Tuesday, April 21, 2015 - 7:22am | 274Read More...Hormel Foods Corp (NYSE: HRL) announced Monday that highly pathogenic H5N2 avian influenza (HPAI) had been detected at its Jennie-O Turkey unit, impacting multiple turkey farms. According to the company’s press release, there has been a loss of affected flocks and temporary quarantine of...
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Emerging Market Bond ETFs Feel Global Credit Crunch
Tuesday, December 16, 2014 - 4:40pm | 512Read More...The global credit markets received a jolt on Monday, when the Russian Central Bank increased its key interest rate from 10.50 percent to 17 percent in a single motion. That action was taken as a result of the rapid declines the country is experiencing in their currency markets along with...
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5 India (And 1 Other) ETFs On A Roll
Tuesday, July 1, 2014 - 10:43am | 827Read More...Shares of the following exchange traded funds are trading more than 18 percent higher than 90 days ago, and they are within 10 percent of their 52-week highs. This set of ETFs provides a peek at areas of investor interest in the wake of market-shaping news like the harsh winter, historic elections...
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Market Wrap For December 27: Markets Quiet Before Weekend
Friday, December 27, 2013 - 5:23pm | 1347Read More...As expected, markets were relatively quiet Friday with no economic data aside from natural gas inventory numbers. Many traders and investors are likely sitting on the sidelines until the new year. Major indices started the day with small gains which were slowly erased throughout the day before...
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The Controversial Mall Casts a Shadow on Turkish Investors
Friday, June 14, 2013 - 10:12am | 427Read More...For a country that was recently praising its stability to achieve admittance into the European Union, the events of the Turkish rebellion took many internationally by surprise. Effects on the United States For a long time, Turkey has been viewed as the United States’ closest ally in the Arab...
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These Awesome Charts Highlight Just How Diversified (or Homogeneous) Some Nations' Exports Are
Friday, April 12, 2013 - 3:36pm | 136Read More...Ever wondered what the leading exports of Antarctica or North Korea or the Solomon Islands are? Well you've come to the right place. Courtesy of the Wikimedia Commons and the Observatory of Economic Complexity, Benzinga has compiled an array of export tree maps from countries and regions around the...
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Jim O'Neill: China Produces a New Greece Every 11.5 Weeks
Wednesday, March 21, 2012 - 8:44am | 459Read More...Goldman Sachs' (NYSE: GS) rockstar Jim O'Neill reinforces his ongoing thesis that Greece-focused histeria is tedious at best. While he believes European Monetary System concerns are valid and sovereign debt issues will be there for the foreseeable future, he thinks Greece is small peanuts as long...
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Has Staying Out of the Eurozone Helped Turkey and Poland's Economies?
Monday, January 9, 2012 - 6:05pm | 1010Read More...Within the last few months, from an economic standpoint, it seems that a "two-speed" world is emerging. On the one hand, there are the euro zone countries, where financial turmoil threatens to trigger a recession and put the future of the eurozone at risk. On the other hand, there are developing...
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Say Goodbye to Syrian President Bashar Assad
Wednesday, November 16, 2011 - 10:11am | 608Read More...There are more reports coming out of Syria that soldiers from the Syrian army continue to turn on Syrian President Bashar Assad. Many members of the Syrian military are joining the opposition against Assad's brutal crackdown and are turning their guns away from protesters and directly at the forces...
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How to Profit From Palestinian Bid for Statehood
Monday, September 19, 2011 - 9:07am | 678Read More...The United States and Israel have been scrambling to gain enough votes to block a United Nations vote to recognize a Palestinian state. Palestinian Authority President Mahmoud Abbas said that he will ask the fifteen member United Nations Security Council to recognize Palestine as the United...
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Infographic: Fashion E-Commerce and Turkey
Wednesday, August 10, 2011 - 9:28am | 58Read More...In addition to announcing that it had received $26 million in new funds, Trendyol.com has released an infographic showing the growth of fashion e-commerce in Turkey. Follow me @LouisBedigian
