As of April 23, 2015, the most expensive currency in 2015 is not the U.S. dollar, the British pound, or the euro. Surprisingly, the most valuable currencies in the world don’t always belong to the wealthiest economies. The following list of currencies gives the U.S. dollar a run for its money when it comes to the most expensive currency in the world. All exchange rates are as of April 22, 2015. 10. Canadian Dollar (CAD) One CanadianThe post The 10 Most Expensive Currency in 2015? (Hint: It’s Not the U.S.
UBS (UBS) rolled out the ETRACS Diversified High Income ETN (DVHI) on Thursday (9/19/13). The new exchange traded note (“ETN”) is targeted at investors desiring significant monthly income from a diversified multi-asset mix. It will track the new NYSE Diversified High Income Index minus the 0.84% annual tracking fee. The underlying index has a current yield of 7.7%, and the ETN will make monthly cash distributions.
Since the inception of the Investment Company Act of 1940, investors have grown to expect every mutual fund, closed-end fund (“CEF”), and exchange traded fund (“ETF”) to be treated as a “pass-through vehicle” for tax purposes. The entity itself would not pay any taxes, and all tax liabilities would be passed-through to the shareholders. That was the status quo for decades, until master limited partnership (“MLP”) funds came along.
Market Update: NextEra Energy Inc (NYSE:NEE) – NextEra Energy Capital Holdings announces dates for remarketing of its Series E Debentures due June 1, 2017
[PR Newswire] - JUNO BEACH, Fla., April 24, 2015 /PRNewswire/ -- NextEra Energy Capital Holdings, Inc. today announced that it will conduct a remarketing of its Series E Debentures due June 1, 2017 (the "Debentures") (CUSIP No. 65339K AB6), which are currently outstanding in the aggregate principal amount of $600 million, on May 4, 2015 (and, if necessary, on the following two business days). The Debentures were originally issued as part of NextEra Energy, Inc.'s Corporate Units (CUSIP No. 65339F 705) on May 4, 2012 (the "Corporate Units") in conjunction with a Purchase Contract Agreement, dated as of May 1, 2012 (the "Purchase Contract Agreement"). Read more on this. NextEra Energy, Inc. (NEE), with a current value of $46.66B, started trading this morning at $104.21. A quick look at the market, the company's stock traded between $103.90 and $105.79 and has traded between $90.33 and $112.
The Energy Report: Chen, last year you correctly predicted that oil could fall as low as $47/barrel ($47/bbl). What's your outlook for the rest of this year and what is that based on? Chen Lin: I'm not a technician, but I looked at North American production increases of 1 million barrels a year and knew it would result in an oversupply situation, especially in light of the world economy softening.
Investors have had to endure much more volatility in the past few weeks. We may know why — the Federal Reserve put an expiration date on its $3 trillion-plus bond-buying program. But some investors don’t know how to proceed. The Fed’s easy-money policy — mainly known as quantitative easing, or QE — probably will end next year.