|
|
News Breaks | | | | January 11, 2013 | | 07:09 EDT |  | HBC | Charoen Pokphand says it has resources to buy Ping An, Bloomberg reports
Charoen Pokphand Group Co. said it has the resources to complete a planned purchase of a $9.4B stake in China’s Pin An Insurance (Group) Co., reports Bloomberg. HSBC Holdings (HBC) agreed last month to sell its 15.6% stake in Ping An to four subsidiaries of CP Group in two phases. The first stage was set for December 7. But the sale of the remaining shares requires approval from the China Insurance Regulatory Commission by February 1, or needs an extension. Reference Link | |
|
News For HBC From The Last 14 Days Check below for free stories on HBC the last two weeks. |
|
|
| May 24, 2013 | | 07:28 EDT | | HBC | HSBC's Flint: Speed up banking reform, Reuters reports
 Subscribe for More Information | | | May 22, 2013 | | 08:12 EDT |  | HBC | HSBC shares likely to advance further, says Bernstein
Subscribe for More Information | | | May 20, 2013 | | 08:12 EDT |  | HBC | UBS names Sylvia Coutinho as CEO of UBS Group Brazil
Subscribe for More Information | | | May 17, 2013 | | 10:07 EDT |  | HBC | On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Actuant (ATU) downgraded to Neutral from Buy at SunTrust... Aruba Networks (ARUN) downgraded to Perform from Outperform at Oppenheimer... CAE (CAE) downgraded to Sector Perform from Outperform at RBC Capital... City Holding (CHCO) downgraded to Market Perform from Outperform at Keefe Bruyette... Deere (DE) downgraded to Sell from Neutral at Goldman... Disney (DIS) downgraded to Neutral from Overweight at Atlantic Equities... HSBC (HBC) downgraded to Neutral from Outperform at Exane BNP Paribas... L Brands (LTD) downgraded to Underperform from Hold at Jefferies... Manning & Napier (MN) downgraded to Underperform from Neutral at BofA/Merrill... MeadWestvaco (MWV) downgraded to Underperform from Sector Perform at RBC Capital... National Grid (NGG) downgraded to Neutral from Outperform at Exane BNP Paribas... Savient (SVNT) downgraded to Market Perform from Outperform at William Blair... Stryker (SYK) downgraded to Reduce from Neutral at SunTrust... TRW Automotive (TRW) downgraded to Hold from Buy at Deutsche Bank... Universal Health (UHS) downgraded to Neutral from Positive at Susquehanna... Williams-Sonoma (WSM) downgraded to Neutral from Buy at BofA/Merrill... Zimmer (ZMH) downgraded to Reduce from Neutral at SunTrust... Aviva (AV) downgraded to Underperform from Sector Perform at RBC Capital... Pandora (P) downgraded to Hold from Buy at Maxim... Lumos Networks (LMOS) downgraded to Neutral from Buy at DA Davidson... Brocade (BRCD) downgraded to Underperform from Market Perform at William Blair... Applied Materials (AMAT) downgraded to Neutral from Buy at DA Davidson... Cosi (COSI) downgraded to Market Perform from Outperform at Northland Securities. | | | 05:23 EDT | | HBC | HSBC downgraded to Neutral from Outperform at Exane BNP Paribas
Subscribe for More Information | | | May 15, 2013 | | 12:03 EDT | | HBC | HSBC downgraded to Hold from Buy at Deutsche Bank
Subscribe for More Information | | | 06:15 EDT | | HBC | HSBC to cut 14,000 jobs, save $3B, Bloomberg reports
Subscribe for More Information | | | May 14, 2013 | | 13:53 EDT | | HBC | HSBC subsidiary confirms review of Monaco operations
In a regulatory filing, HSBC Private Banking Holdings, a wholly owned subsidiary of HSBC Holdings, confirmed that it is conducting a review of its operations in Monaco, HSBC Private Bank Monaco, as part of the HSBC Group's continuing strategic five-filter review. Following recent unsolicited expressions of interest, this may lead to the possible disposal of the business. Further announcements will be made if or when necessary. | | | May 13, 2013 | | 06:05 EDT | | HBC | HSBC CEO Gulliver simplifies the bank, focused on growth, Reuters reports
HSBC's sale of a stake in a Korean insurer last month was made with little fanfare, just one of 52 deals struck or businesses closed in the last two years by CEO Stuart Gulliver, and analysts are expecting more, reports Reuters. This week, he's expected to say he can find at least $1B more in cost savings, cut more jobs and businesses and dangle the prospect of higher dividends for investors. Reference Link | |
|
|
|
|
|
|
