British bank Barclays said on Monday it was not discussing selling any major assets in ABN Amro as part of its takeover proposal, after a newspaper said it may sell ABN's Brazilian business.
Emerging markets may finally be ready to emerge. S&P upgraded Brazil's debt this week causing outside investors to flood the country. The iShares MSCI Brazil Index (EWZ) is up 23% this year. Should you follow others into these emerging countries?
The best way to ride the rally? Play the global marketplace, said two portfolio managers on “Closing Bell.” Christopher Smart, director of international investments at Pioneer Investments, said emerging markets show strong demographic trends. He’s eyeing South Africa, for example. ... But Donald Coxe, a global portfolio strategist at BMO Financial Group, urges investors to exercise caution. He thinks Canadian and Australian markets are the wisest choices, especially in the mining sector: “You don’t have the kinds of risk you have in Russia.”
Carrefour, the world's second-largest retailer, said Monday it agreed to buy Brazil's Atacadao company for 2.2 billion Brazilian reais ($1.09 billion; 825 million euros), becoming the largest food retailer in South America's biggest economy.
Global emerging markets, or GEMS, entice would-be investors with the potential of big returns. The growth of these markets over the past few years has been impressive. In 2006 alone, the MSCI Emerging Markets index rose 29%, led by an extraordinary 53% gain in its four biggest countries — Brazil, Russia, India and China.
Viewers want to know what's going on with Dell, CarMax, AAR Corp. and more. Cramer has the answers.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Jordan Kotick, global head of technical analysis for Barclays Capital, told CNBC’s “Closing Bell” that Monday's market downturn won’t hurt long-term prospects for stocks. He also said he’s bullish on global equities and suggested investors look at Brazil, Russia, India and China for values.
Authorities shut down an important deep-water Amazon River port owned by Cargill on Saturday, saying the huge U.S. agribusiness firm failed to provide an environmental impact statement required by law.
That hour of sleep you lost this weekend thankfully was not over the stock market's performance last week. After starting Monday on the edge of what could have been an ugly precipice, Wall Street by Friday recovered some of its losses and a good deal of confidence.
At a mega fuel depot for tanker trucks, President Bush talked up a new ethanol agreement with Brazil Friday as way to boost alternative fuels production across the Americas.
CNBC’s Eric Bolling told “Morning Call” that President Bush’s trip to Brazil to discuss ethanol may be a warning to Venezuela’s Hugo Chavez--a fierce critic of the United States--and who has nationalized some of his nation's economy.
Stocks are hesitant ahead of the jobs data, which will be a key driver of direction today. Asian markets were mostly higher while European markets are lower this morning.
Rob Lutts, founder and Chief Investment Officer of Cabot Money Management, told CNBC’s “Squawk on the Street” that there are solid investment opportunities in China, India, Brazil and Russia. “The middle class [in these countries] is just evolving,” Lutts said. “Hundreds of millions of people over the next ten years are going to go from earning $500 a year to $5,000...