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no,adr is not artificial currency and sdr is the artificial currency.
The symbol for Nomura Holdings Inc ADR in the NYSE is: NMR.
The same abbrieviations for different things are common, but I think the 2 you mean are: Inc. = incorporation. A US term for the entities formed under our corporation statutes. Some other countries use the same methods. Many have similar things, identified by different names/abbrieviations. Again, they have stock holders owning them, and limited liability to those owners. ADR = American Depository Receipt. Only US companies (US Inc.s) can be traded on the US Stock exchanges. However, many non-us companies are attractive investments here and they would like to have the support from the US markets. (For a US customer to buy stock on a foreign exchange can be a bit complex, it requires curreny valuation, less protections, hard to access info, etc.) Hence, an ADR is a financial instrument (secured through banks and major trading entities) that is made to exactly track the Stock price of the subject foreign co, albeit normally on a once daily basis (not all through the day). It is supported and priced with US funds. An investor here buys an ADR in lieu of the stock itself. Not all, (in fact most don't) foreign stock exchange Cos have ADRs.
Hoover is owned by Techtronic Industries also known as the TTI Group. TTI trades on the Stock Exchange of Hong Kong under the symbol/stock code of 669. It also has an ADR set up to trade in the US under the over the counter ticker symbol TTNDY. TTI Group also owns brands such as Milwaukee Tools, AEG, Dirt Devil, Ryobi, Stiletto, Homelite, and VAX.
Following are the international sources of finance: 1. Foreign Direct Investment 2. GDR/ADR 3. FII 4. IMF 5. ADB hope this will usefull for u.
Roche is a Swiss company that trades on the Swiss stock exchange. (not NASDAQ, NYSE etc) normally to buy the stock directly on that exchange you would need to go through a foreign broker, or a U.S. Broker with a special account.. and payable in Swiss francs.. typically a broker would require that you have about $50,000 to $100k in your account and the fees would be higher - that stock symbol is ROG.VX to handle the small U.S. Investor Roche stock is traded as an ADR on the U.S. OTC (over the counter) market that anyone can buy.. there are two stock symbols for Roche RHHBY (the most common) and another one of RHHDY - check with a major broker for the differances or more info on ADR's technically 4 ADR shares =1 actual share of Roche on the Swiss exchange.. in terms of cost, you will pay a normal broker fee for buying/selling a regular stock + ADR have additional fees for owning the shares... Annual fee is billed to your account yearly of 5 cents per share owned. Divident fee is typically 2 cents a share (it's just reduced from your divident payment) and finally since a bank runs the ADR They charge another 3 cents a share... you also have to take into account the currency exchange between Swiss francs & U.S. dollars.. a weaker dollar would bring higher returns.
As ADR has claims to cashflow in a different currency, I assume that it would fare better than a US stock.
The ticker symbol for DENSO in America is DNZOY. That is for ADR stock.
ADR (American Depository Receipt) refers to a certificate issued by a U.S. bank representing ownership of shares in a foreign company, traded on a U.S. stock exchange. GDR (Global Depository Receipt) is a similar instrument but is traded on international markets outside the U.S. Both ADRs and GDRs allow investors to invest in foreign companies without directly owning their shares.
ADR is a stock that trades in the United States but represents a specified number of shares in a foreign corporation.ADR ratio is the number of foreign shares represented by one American Depositary Receipt.
adr
The ticker symbol for Cemex is CX and it is traded on the New York Stock Exchange as an ADR. It is also traded under the symbol MXK on the Mexican Stock Exchange.
ADR
ADR = Average Daily Rate
See the explanation of American depository Receipt at: http://wiki.answers.com/Q/What_does_ADR_stands_for The actual price of the ADR means nothing in itself, just like the price of a stock doesn't. The number of shares, among other things, makes the stock price higher or lower without changing any real value. (A stock with a float of say 100 shares and a price of $100 as share, would be the same if the float was 1,000 shares but the price would then be indicated as $10 a share).
no,adr is not artificial currency and sdr is the artificial currency.
Depending on circumstances, ADR may stand for Address.