Stocks with exposure to Cuba rise sharply
Source: AP-Excite
By KEN SWEET
NEW YORK (AP) — A batch of stocks with exposure to Cuba rose sharply Wednesday after President Obama moved to restore diplomatic relations between the U.S. and Caribbean island after more than 50 years of hostility.
The move could re-establish economic ties between the countries for the first time since 1961, when Fidel Castro took power.
Here are some companies who saw their shares rise on the news:
— Copa Holdings: Shares rose $6.36, or 7 percent, to $94.48. Copa Airlines is one of the leading carriers in Latin America, with more than 280 daily flights from its Panama City hub. It is also one of the world's most-successful airlines with a net profit margin of 17.5 percent in its most recent quarter.
FULL story at link.
Read more: http://apnews.excite.com/article/20141217/us--financial_markets-cuba_stocks-7d7ad2e60b.html
= new reply since forum marked as read
On the one hand, Cuba is ee-vale!
On the other, they could be making all that extra money.
"But it's eevale!
"But I could be getting rich!
"But it's evail!
"But I worship money!
"But it's evile!"
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