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Mon, Jun. 16, 6:19 PM
- ADRs of oil and gas explorer YPF, bank BBVA and Latin America-focused wireless firm NII Holdings (NASDAQ:NIHD) fell sharply today in reaction to a setback for Argentina's defaulted bonds which sent the country's markets reeling, taking select U.S.-listed stocks lower.
- The U.S. Supreme Court today left intact rulings that may force Argentina to pay billions of dollars to holders of repudiated bonds, rejecting an appeal in a case that has blocked the country from international debt markets for more than a decade and could prompt the government to default for a second time in 13 years.
- YPF -11.9%, BBVA -0.8%, NIHD -11.3%, END -14.5%, TGS -10.6%, PZE -8.3%, GGAL -8.1%, PAM -6.6%, APSA -4.2%, NTL -3.3%.
- ETF: ARGT
Dec. 11, 2012, 12:45 PM
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GGAL vs. ETF Alternatives
Grupo Financiero Galicia SA, through its subsidiaries, provides banking, insurance, and investment services. It offers financial products and services to large corporations, small and medium-sized companies, and individuals.
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