Posts for Ticker ‘CIB’

52-Week High Club

3Com Corporation (NASDAQ: COMS) rallies over 6% to $5.39 following a positive earnings release on Thursday.

Aspect Medical Systems (NASDAQ: ASPM) rallies over 55% to $11.91 on news that Covidien had agreed to buy the company for $210 million.

Green Mountain Coffee (NASDAQ: GMCR) rallied over 6% today to $75, leading gains among its coffee-vending peers.

BanColombia S.A. (NSYS: CIB) hit a year high of $42.66 on no news but amid a continuing rally in Latin American bank ADRs.

Greenhill (NYSE: GHL) hits a new yearly high of $88.28 as boutique M&A firms continue to benefit from the instability of larger rivals.  

Garrett W. McIntyre

Posted on: September 28, 2009 – 4:42 pm in ADR, Autos, Banking, Biotech, Commodities, Cult Stock, Emerging Markets, Financial Stocks, Telecom, , , , ,

ETF Launch: Colombia ETF… Really (GXG, EC, CIB)

Colombia_map_picExchange Traded Funds have been going through some changes. New ETF’s are coming to market while others are de-listing because of lack of interest.  Today is marking the launch of an ETF that will allow US investors the first public exchange traded vehicle to get exposure to Columbia.  Global X Management Company and Colombian broker InterBolsa S.A.Comisionista de Bolsa have launched the Global X/InterBolsa FTSEColombia 20 ETF (NYSE: GXG).  You can probably imagine all the jokes that will be coming for this one, but the Colombian market has for all practical purposes been unavailable to US investors.

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Posted on: February 6, 2009 – 10:07 am in ADR, ETF, Emerging Markets, , ,