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Stock Market & Financial Investment News

News Breaks
January 10, 2013
09:47 EDTHBCHSBC says December announcement about Ping An remains accurate
HSBC notes the recent publication of several press articles regarding the proposed sale of its shareholding in Ping An Insurance Company of China to indirect wholly-owned subsidiaries of Charoen Pokphand Group Company, which was the subject of an announcement by HSBC on December 5, 2012. HSBC said, "Having made such enquiry with respect to the Transaction as is reasonable in the circumstances, HSBC confirms that it is not aware of any information which must be announced to avoid a false market in HSBC's securities or of any inside information that needs to be disclosed under Part XIVA of the Securities and Futures Ordinance. HSBC further reaffirms that, on the basis of this enquiry, the information contained in the announcement of 5 December 2012 remains accurate."
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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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