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Stock Market & Financial Investment News

News Breaks
December 5, 2012
19:48 EDTHBCHSBC may pay $1.8B settlement in money laundering suit, Reuters reports
HSBC (HBC) may pay a $1.8B fine to settle with the U.S. as part of a money laundering suit that alleges the bank allowed clients to move illicit funds from Mexico and Iran among other countries, according to a Reuters report that cites several people familiar with the matter. Reference Link
News For HBC From The Last 14 Days
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June 18, 2013
10:01 EDTHBCOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Flir Systems (FLIR) upgraded to Strong Buy from Market Perform at Raymond James... HSBC (HBC) upgraded to Buy from Neutral at Citigroup... Motorcar Parts (MPAA) upgraded to Buy from Neutral at B. Riley... People's United (PBCT) upgraded to Overweight from Neutral at JPMorgan... Royal Dutch Shell (RDS.A) upgraded to Focus List from Outperform at Howard Weil... Statoil (STO) upgraded to Outperform from Sector Perform at Howard Weil... CommVault (CVLT) upgraded at Pacific Crest... Newfield Exploration (NFX) upgraded to Buy from Hold at Stifel.
05:43 EDTHBCHSBC upgraded to Buy from Neutral at Citigroup
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June 17, 2013
09:41 EDTHBCHSBC upgraded to Overweight from Equal Weight at Morgan Stanley
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June 12, 2013
07:53 EDTHBCBarclays wants banking standards task force in U.K., FT reports
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05:58 EDTHBCSome major banks get two year delay on swap rule, WSJ reports
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June 11, 2013
18:35 EDTHBCBanks given extension to spin off swaps units, WSJ reports
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