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The ProShares Ultra Gold ETF (NYSEARCA:UGL) saw a bit of a sell-off these days.This is uncharacteristic in a down market, but also reflects a possible tactical buying moment for this leveraged ETF.
UGL was launched in December 2008, and is an exchange-traded fund, or ETF, designed to provide a leveraged return on the daily movements of gold’s price.
Looking at a chart of one year performance (below), UGL's low point in its 52 week range is $73.50 per share, with $102.49 as the 52 week high point — that compares with a last trade of $82.52.
UGL said on Tuesday it was reviewing its corporate structure, given its property services division now generates nearly 50 per cent of group earnings. "The review will assess the optimal corporate ...
UGL will update investors ‘‘as soon as it can’’ on any write-downs related to the contractor’s troubled Ichthys power project in Darwin, new chairman Kate Spargo said.
UGL Ltd., the Australian company that acquired U.K. real estate broker DTZ Holdings Plc in 2011, plans to split its operations into two listed companies by June 2015 to allow each to follow its ...
SYDNEY-Instead of an outright transfer, locally-based UGL Ltd. has purchased the trading operations from London-based DTZ Holdings plc for about $121 million. Prior to the sale, ...
UGL has extended the contract of its chief executive for another 13 months as it moves to split its engineering and property businesses. Richard Leupen, who had been due to step down in March 2014 ...
Shares in takeover target UGL continued to trade above the offer price of $3.15 put on the table Monday by the Spanish-controlled CIMIC. UGL shares edge further out of reach for CIMIC.
UGL has announced a $594 million deal with rail company Pacific National, which will bring the engineering firm’s work pipeline to $4.7 billion.
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