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Mondo Visione
Sep 21
Comment
NASDAQ OMX Nordic, part of The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ), announced today the results of the quarterly review of the NASDAQ OMX European Government Relief Index (Nasdaq:EUGR) which will become effective with the market open today.
Clusterstock
Jun 3
Comment
Skeptical bears have dismissed the nearly 3-month old rally as just a lot of short-covering and piling into beaten down trash, like financials. With this chart, you can see what they mean. Since the lows in early March, the S&P 500 is up less than...
The Debts of a Nation
Apr 20
Comment
Back in January of this year, NASDAQ released an index that tracks a list of companies receiving government aid. The ticker is QGRI.
The list is not meant to be all inclusive but it does a pretty good job of consolidating corporate charity...
Self Investors
Jan 22
Comment
The Nasdaq OMX has put together an equal weighted index (called the Nasdaq Government Relief Index) of 24 companies that have received over 1 billion in government relief in the form of TARP or other programs. Any index without volume numbers...
Bull Bear Trader
Jan 9
Comment
The Nasdaq is planning to launch a series of trading and investment products based on companies receiving TARP money (see WSJ article). The first is the GRI (Government Relief Index), tracking 24 companies that received over one billion dollars in...
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more ▼WIKI ANALYSIS
WIKI ANALYSIS
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This article describes an index that measures the performance of an exchange, industry or a geographic region. View articles referencing this index. |
On 5 January 2009, the NASDAQ OMX Group launched an index to track companies that have received at least $1.0 billion from the Troubled Assets Relief Program (TARP) and other government aid programs. The index currently tracks 24 companies and is dominated by financial services institutions like Bank of America, Citigroup and Wells Fargo, although it also includes AIG and General Motors. All of these institutions are equally weighted in the index, which may see new components added as more firms receive government aid.
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