Tag Archives: YPF
Emerging market of the day: the Argentine economy
With the announcement that Mexico will file an official complaint with the WTO over Argentina’s trade practices, the Argentine economy (ARGT, quote) just can’t catch a break.
Alto Palermo is dividend paying stock with amazing yield
Argentine stocks have suffered due to the business unfriendly government, and as a result, some dividend paying stock is cheap. One such opportunity exists with property management stock Alto Palermo (APSA, quote) based in Buenos Aires.
Argentina oil industry reduced to a utility by new decree
The Argentina oil industry has been more or less reduced to a utility under a presidential decree announced last Friday. But the new rules don’t provide the kind of monopoly risk profile usually associated with lower margins.
Tuesday’s best web
Tuesday’s best web covers BP’s unsuccessful attempt to secure a dividend from TNK-BP, the Argentinian economy, ASEAN politics, Jim O’neill’s latest comments, and the global gold supply.
Repsol’s lawsuit fighting the nationalization of YPF doesn’t mean time to buy
Spanish oil firm Repsol (REPYY, quote) has filed a lawsuit with the World Bank’s arbitration unit ICSID over their claim that Argentina’s nationalization of YPF (quote) was illegal. Does this mean it’s time to jump back into REPYY or YPF?
Morning coffee brief
With most of the euro zone on holiday yesterday, traders around the world turned to the U.S. session for directional cues. U.S. stocks rallied on manufacturing data Tuesday morning and shrugged off the Chicago PMI and China’s disappointing PMI, only to finish well off the highs.
Best of the Tuesday web
Markets today reacted to multiple pieces of positive news from China overnight. A higher than expected Purchasing Managers’ Index and lower than expected inflation reading both helped markets to move up.
Best of Friday’s web
Even though American indices were up on this balmy Friday, markets around the world did not fare as well with European concerns trumping good numbers from emerging market telecom giant América Móvil on many exchanges.
