The accompanying table [click to enlarge] includes an updated version of the ETF Innovators [ETFI] ETFI Highly Defensive PerformIdex of 36 companies based in the U.S., Canada, and Europe with market caps over $10B, which are the leaders by market cap in their defensive industry groups. This update includes a 10% reduction in the number of companies with an equal distribution of 12 each from consumer staples and healthcare, with the remaining 12 companies chosen from a variety of defensive industry groups.
The accompanying table presents the ETFI Highly Defensive PerformIdex, which is structured as a market cap weighted, defensive growth index of 30 companies based in either the United States or Canada with the largest market capitalizations from each industry group (A-J) as specified below:
(A) Grocery Stores (1) (B) Consumer Staples (10) – Non-Food (2), Food (4), Tobacco (1), Alcoholic Beverages (1), and Non-Alcoholic Beverages (2) (C) Health Benefit Providers (3) – Managed Healthcare (1), Supplemental Health (1), and
The accompanying table presents the ETFI Highly Defensive PerformIdex, which is structured as a market cap weighted, defensive growth index of 30 companies based in either the United States or Canada with the largest market capitalizations from each industry group (A-J) as specified below:
(A) Grocery Stores (1) (B) Consumer Staples (10) – Non-Food (2), Food (4), Tobacco (1), Alcoholic Beverages (1), and Non-Alcoholic Beverages (2) (C) Health Benefit Providers (3) – Managed Healthcare (1), Supplemental Health (1), and
Barrick Gold has started a hostile bid of 354 million Canadian dollars, or $350 million, for Cadence Energy to lock in cheaper oil prices and get control of soaring production costs, the world’s top gold miner said on Monday.
The all-cash bid — a premium of 10 percent on Cadence’s Toronto-listed closing price on Friday — comes after Cadence has already agreed to a takeover offer of 301 million Canadian dollars from Daylight Resources Trust. Barrick said its offer was contingent on the completion of due diligence and said it would file a formal offer as soon as possible. Cadence...
Once again it's ugly out there today. The Dow Jones Industrial Average dropped below 11,000 for the first time in two years, plunging over 2%. The rest of the U.S. stocks are not far behind with both the Nasdaq composite and the S&P 500 down over 2% as well. It's depressing. But you don't have to look far to see a nicer picture, you just have to look up: up north that is.
The Toronto Stock Exchange has fared much better in what has officially become a U....
Spot price of gold eclipsed $935 in trading Monday, its first time above the mark since May 22, as another fresh round of record oil prices exacerbated existing market-wide turmoil.
In a market dancing in bear market territory and with elevated inflation, it certainly doesn't hurt to own a defensive stock or two. And one that fits the bill, with an inflation hedge as a bonus, is Barrick Gold (NYSE: ABX).
Barrick Gold is the world's number one gold producer, with a 2007 production capacity of 8.1 million ounces, and 124.6 million ounces in proved/probable reserves. Analysts see a 20-30% revenue gain in 2008 for ABX, following a solid performance in 2007, due to a higher average gold price and increased production.
The largest gripe<!----> that I’ve had with Wall Street Analysts is that they
lack accountability. They flip-flop around their investment thesis and
fundamental analysis of a situation. In my regard, the individual
investor has many reasons to completely tune out all the noise that
they hear and draw their own conclusions from macro-economic events and
their own due diligence of a companies released earnings.
Over the past 400+ articles, I’ve mostly posted my buys and sells,with exact prices. This is to establish accountability and to form atrack record. I’ve always said, regardless of how
With gold trading down sharply from its highs, Keith-Fitzerald offers a special report on gold stocks in Money Morning, highlighting three companies that he consider to be the "very best of the best."
"Gold remains a key profit opportunity -- especially if inflation, or even stagflation, is taking hold. It should also help that economic uncertainty is escalating. However, since the economic outlook has grown more uncertain, we've decided to our recommended list down to ju
Our over-saturated information world has immunized us to the most pressing problems we face as a species. The price of oil, for instance, is no longer interesting, even though it sets records weekly, simply because it has been doing so for the better part of a year, and so that news becomes uninteresting through sheer ubiquity.
The economic repercussions of this cost of oil, which, as feedstock for gasoline, heating oil, jet fuel, diesel, and many plastics, takes a long time to reach into your pocket and squeeze hard though. Would you believe me if I told you that the price you are now pay
5/7 - "If you have an aversion to certain ingredients, or you just don't like the presentation, all the flavor in the world won't save the meal. Barrick Gold (NYSE: ABX) is like that as an investment. I find the "meats" -- gold and copper -- most appetizing. But when the chef tosses in forward hedge contracts, insider selling, and project delays, though, that starts to look to me like a waste."
"Goldcorp and Newmont both delivered solid earnings recently, giving investors viable alternatives among the major gold producers. Kinross Gold (NYSE: KGC) recently echoed Barrick's forecast for i...
I bought ABX at $37.50. My gold exposure is now 5%. Barrick may continue falling as commodities sell off... in any case, I plan to add in increments. Things feel stable now, but if Wall Street melts down gold should rise. I also like ABX's pipeline. EPS should rise over the next few years.
The dollar appreciated 9% to 104.37 yen on April 25 from the 12-year low of 95.76 on March 17. But, Asian investors are pulling back...
America relies on foreign investors, who own more than half the U.S. government debt outstanding, to finance a deficit that Goldman Sachs (GS) predicts will expand to a record $500 billion for the year ending Sept. 30, after a $163 billion gap last year. Without their support, long-term interest rates would be 0.9 percentage point higher, a 2006 Federal Reserve study found.
Money managers in China, the second-biggest overseas holder of Treasuries, with $486.
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Once again it's ugly out there today. The Dow Jones Industrial Average dropped below 11,000 for the first time in two years, plunging over 2%. The rest of the U.S. stocks are not far behind with both the Nasdaq composite and the S&P 500 down over 2% as well. It's depressing. But you don't have to look far to see a nicer picture, you just have to look up: up north that is.
With gold trading down sharply from its highs, 
