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PIIGS KILLERS: Italy PM Vote Threatens Austerity, All Over Again

Posted: February 25, 2013 at 3:00 pm

What happens when you put a vote out to the people about whether or not their benefits and public spending should be cut to appeal to international creditors? If you ...
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PIIGS Rating Twist: Unusual Upgrade For Ireland

Posted: November 14, 2012 at 1:08 pm

Usually all you see is a ratings downgrade and an affirmed "negative outlook" when it comes to the sovereign credit ratings of Portugal, Italy, Ireland, Greece, and Spain. That is ...
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Bracing For The Euro Without Greece… Other PIIGS Too (EWG, EWQ, FXE, EWI, IRE, IRL, NBG, GREK, EWP, STD, BBVA, VGK, FEZ)

Posted: May 23, 2012 at 12:20 pm

So much for any great help from the ECB, France, Germany, and any other entity being able to help the Euro stay together.  Rumors have been out that nations have ...
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Fitch Joins E.U. Downgrade Waves (EWK, IRE, EIRL, IRL, EWI, TI, EWP, STD)

Posted: January 27, 2012 at 1:30 pm

Fitch has joined in on the European sovereign credit rating downgrades.  First it was S&P, but we might argue that this should have mostly been factored in already.  Is it ...
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Another Moody’s Debt Downgrade of Ireland, With Negative Outlook (IRL, AIB, IRE)

Posted: July 12, 2011 at 3:41 pm

As if the PIIGS needed any more bad news, Moody's has just downgraded Ireland yet again.  Like you wouldn't have known about this.  This pertains to its foreign and local-currency ...
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D-Day for PIIGS ADRs (TI, EWI, PT, IRL, AIB, IRE, NBG, EWP, STD, BBVA, SNF)

Posted: July 11, 2011 at 11:08 am

If you are surprised about the newest crash scenario boiling up outside of Greece, this is something we have been covering routinely.  While the beastly pace is surprising, how big ...
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Irish Bailout Redux: Beware Bankers Bearing Gifts (AIB, IRE, IRL)

Posted: March 31, 2011 at 5:17 pm

It was just yesterday that we warned about mergers in the banks "Irish Style."  The fear is that Allied Irish Banks plc (NYSE: AIB) and Bank of Ireland (NYSE: IRE) would ...
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St. Patrick’s Day Stock Portfolio (AIB, IRE, IRL, RYAAY, ELN, WCRX, SAM, TAP, BUD, MO)

Posted: March 17, 2011 at 9:29 am

Kiss me, I'm Irish!  That is what you'll be hearing a lot of after work if you go out for the St. Patrick's Day festivities after work (or during work) ...
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Austerity Vote Creates All Green in Irish Stocks (AIB, IRE, IRL, RYAAY, ELN, WCRX)

Posted: December 7, 2010 at 9:34 am

Allied Irish Banks plc (NYSE: AIB) and The Bank of Ireland (NYSE: IRE) are soaring on ahead of an expected approval vote for the Irish budget full of austerity measures ...
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Irish Bank Debt Holders Now Risk Other Bank Rescues (IRL, AIB, IRE)

Posted: November 23, 2010 at 9:58 am

The situation in Ireland feels like it keeps getting worse, even if it is supposed to be getting better.  Anglo Irish Bank has already been nationalized during the financial meltdown ...
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Ireland, E.U., IMF, Bailout Dusts Banks (IRE, AIB, RBS, LYG, IRL)

Posted: November 22, 2010 at 8:44 am

Ireland may be on the road to salvation after an E.U. and IMF bailout and that may be lending further support to the Euro.  Just don't look for the love ...
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What Saving Ireland Looks Like (AIB, IRE, IRL, NBG)

Posted: November 18, 2010 at 3:32 pm

Want to see just how much the saving of Ireland added to the key ADRs today? Look no further than Allied Irish Banks plc (NYSE: AIB), The Bank of Ireland ...
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Opening Up Irish Bank & Country Books (IRE, AIB, IRL)

Posted: November 17, 2010 at 11:28 am

The end of this week and next week will be an interesting period for the Irish banks and for the country of Ireland.  Officials from the European Union, the European ...
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Moody’s Cut on Ireland: Opportunity Rather Than Caution (AIB, IRE, IRL)

Posted: July 19, 2010 at 2:58 pm

After Moody's downgraded Ireland, there may be more of a buffer ahead in place than additional negative catalysts working against its two key banks of Allied Irish Banks plc (NYSE: ...
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Select Fund Sell-Offs in Europe (EWP, EWI, EWG, EWU, EWQ, IEV, IRL, SNF, GF, RNE, CEE, EWL)

Posted: May 25, 2010 at 2:50 pm

It is not hard to find ADRs which have sold off by about 50%, and some are worse than that out of Europe.  These shares are getting the double-whammy now ...
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