ETF Trends
06-13-2008, 03:20 PM
ETF Trends - Keeping a Grip on Exchange Traded Funds (ETFs)
http://www.etftrends.com/images/2008/06/12/lite.jpgCould the sale of an American icon benefit a few exchange traded funds (ETFs)?
Belgium company InBev recently made an unsolicited bid for Anheuser-Busch (BUD (http://finance.yahoo.com/q?s=BUD)), and it has people torn.
While shareholders might find themselves unable to resist the offering for $65 a share, politicians are placing a higher premium on American jobs, reports Aaron Task for Tech Ticker (http://finance.yahoo.com/tech-ticker/article/27150/This-Bud's-for-Belgium-Sale-of-an-American-Icon?tickers=BUD,YHOO,MSFT).
And some just plain wonder about the idea of a distinctly American brand heading overseas (although, let's be honest. It's not really very good beer, is it?). What's next...apple pie?
Anheuser-Bush is 3.2% of the FocusShares ISE SINdex (PUF (http://finance.yahoo.com/q?s=puf)), while InBev is 7.8% of the iShares MSCI Belgium Index (EWK (http://finance.yahoo.com/q?s=ewk)). EWK is down 8.6% year-to-date; PUF is down 14.5% year-to-date. Anheuser-Busch shares shot up in trading yesterday.
http://www.etftrends.com/images/2008/06/12/z_5.png (http://etftrends.typepad.com/photos/uncategorized/2008/06/12/z_5.png)
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/311310321/belgium-makes-o.html)
http://www.etftrends.com/images/2008/06/12/lite.jpgCould the sale of an American icon benefit a few exchange traded funds (ETFs)?
Belgium company InBev recently made an unsolicited bid for Anheuser-Busch (BUD (http://finance.yahoo.com/q?s=BUD)), and it has people torn.
While shareholders might find themselves unable to resist the offering for $65 a share, politicians are placing a higher premium on American jobs, reports Aaron Task for Tech Ticker (http://finance.yahoo.com/tech-ticker/article/27150/This-Bud's-for-Belgium-Sale-of-an-American-Icon?tickers=BUD,YHOO,MSFT).
And some just plain wonder about the idea of a distinctly American brand heading overseas (although, let's be honest. It's not really very good beer, is it?). What's next...apple pie?
Anheuser-Bush is 3.2% of the FocusShares ISE SINdex (PUF (http://finance.yahoo.com/q?s=puf)), while InBev is 7.8% of the iShares MSCI Belgium Index (EWK (http://finance.yahoo.com/q?s=ewk)). EWK is down 8.6% year-to-date; PUF is down 14.5% year-to-date. Anheuser-Busch shares shot up in trading yesterday.
http://www.etftrends.com/images/2008/06/12/z_5.png (http://etftrends.typepad.com/photos/uncategorized/2008/06/12/z_5.png)
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/311310321/belgium-makes-o.html)