The investment thesis behind the emerging markets consumer theme has arguably proven to be a dichotomy. Foreign investors grasp the concept of increasing wages, rising middle classes and the
We are upgrading Progressive Corp. ( PGR ) to Neutral from Underperform on the back of solid third quarter performance and the announcement of a special dividend. Third quarter
Canadian stocks have lost early gains that saw the index reach around 12,240 mid-morning. The Toronto Stock Exchange is now down around 30 points at the 12,180 level and trading in a narrow