Quote & Headlines
5d 1m 3m 1y 5y 10y
To learn more about Seeking Alpha PRO, click here.
There are no Transcripts on IRS.
PR Newswire (Dec 12, 2013)
PR Newswire (Nov 21, 2012)
PR Newswire (Dec 28, 2011)
IRS vs. ETF Alternatives
Monday, Jul 302012, 3:00 PMArgentina better hire more currency-sniffing dogs as dollar deposits continue to flee the country, now off 42.3% since October. Following the government appropriation of the energy industry, depositors and investors aren't waiting around to find out the next target, writes Sober Look. |Monday, Jul 302012, 3:00 PM| 5 Comments
Monday, Apr 162012, 12:09 PMMore on Argentina's takeover of YPF: The government will send a bill to Congress to take a 51% stake in the oil & gas giant for the "public good," according to an official. The move follows weeks of government pressure for the firm to spend more and pay its investors less. Shares -14%, Repsol (REPYY.PK) -1.7%. |Monday, Apr 162012, 12:09 PM| 9 Comments
Wednesday, Apr 42012, 3:52 PMThe Argentine ETF (ARGT -4%) continues to tumble (off 13% in a month) as the U.K. sends a warship to the South Atlantic. Yesterday, President Kirchner yesterday called the U.K.'s claim on the islands "absurd." Also not helping are growing threats of nationalization of the country's oil giant YPF. |Wednesday, Apr 42012, 3:52 PM| 2 Comments
Wednesday, Feb 292012, 3:13 PMSpain's Repsol (REPYY.PK -5.6%) follows shares of its Argentine subsidiary YPF sharply lower on worries President Fernandez could announce greater intervention into the oil giant's operations on Thursday. The Argentina ETF: ARGT -2.4% - also taking a hit as YPF no doubt makes up a nice chunk of its holdings. |Wednesday, Feb 292012, 3:13 PM| Comment!
Friday, Feb 242012, 8:30 AMThe Economist removes Argentinian inflation statistics from its comprehensive economic statistics reporting, admitting numbers can be dodgy all over the world, but this particular figure is a special case of pure manipulation. "We see no prospect of a speedy return to credible numbers." ARGT +13.6% YTD. |Friday, Feb 242012, 8:30 AM| 2 Comments
Tuesday, Dec 202011, 1:22 PMFacing an increasing capital flight problem, the Argentine government puts into service 100 specially-trained dogs at border crossings to sniff out hard currency begin spirited out of the country. Central bank data shows $8.4B dollars left Argentina in Q3, a sharply higher pace than earlier this year. |Tuesday, Dec 202011, 1:22 PM| 3 Comments
Monday, Nov 142011, 6:47 AMDollars are exiting Argentinian banks just days after the country instituted currency controls aimed at stemming a drain on central bank reserves. The government insists there will be no freeze on dollar deposits, but citizens have seen this movie before. ARGT -24% since its March inception. |Monday, Nov 142011, 6:47 AM| 1 Comment
Tuesday, Mar 292011, 9:16 AMWith inflation running at 25%, government spending continuing to boom, and its central bank chief stoking the money supply, Argentina seems on the cusp of another hyperinflation. For now, life is good. "The first effect of any inflationary process is euphoria," says an ex-cabinet official. ARGT -2.9% since inception. |Tuesday, Mar 292011, 9:16 AM| 1 Comment
Friday, Jan 72011, 5:30 PMThe risk of owning Argentinian bonds drops the most of any nation this week as beans in the teens boosts the economy of the world's 3rd largest soybean producer. “Soy prices improve domestic liquidity, improve taxes ... so it overall improves the ability to pay," says an analyst with RBS. |Friday, Jan 72011, 5:30 PM| Comment!
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.