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Stock Market & Financial Investment News

News Breaks
November 8, 2012
09:53 EDTLYGLloyds Banking outlook lowered to negative from stable by S&P
Standard & Poor's Ratings noted Lloyds has recently announced a further GBP1B provision in relation to payment protection insurance, bringing the cumulative provision over the past two years to about GBP5.3B. S&P said, "This charge, together with other exceptional items, negatively affects our assessment of Lloyds' capital and earnings. As a result, we are less likely to revise this assessment to "adequate" from "moderate" over the next 12 months. We are therefore revising our outlook on the long-term rating on Lloyds to negative from stable. We are also affirming our 'A/A-1' ratings on Lloyds."
News For LYG From The Last 14 Days
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September 18, 2014
07:52 EDTLYGUBS Chair says litigation bigger worry than stress test, Bloomberg reports
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06:39 EDTLYGEuropean banks take out EUR83B of loans from central bank, NY Times says
European banks agreed to take out EUR83B in low interest loans from the European Central Bank, as part of a program in which all of the funds must be loaned to businesses or individuals, or repaid to the central bank within two years, according to The New York Times. Several analysts had said that they would be disappointed if banks took out less than EUR100B in loans, but a number of analysts said that a second round of the program, due to occur in December after stress tests have been completed, may be more popular, the newspaper stated. Publicly traded European banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), Royal Bank of Scotland (RBS) and UBS (UBS). Reference Link
September 16, 2014
10:33 EDTLYGHigh option volume stocks
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September 12, 2014
06:48 EDTLYGU.K. bankers worry that Britain could leave EU, NY Times says
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September 11, 2014
06:32 EDTLYGLloyds, RBS to relocate to England if Scots vote yes, Bloomberg says
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September 9, 2014
10:10 EDTLYGOn the Fly: Analyst Upgrade Summary
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08:46 EDTLYGRoyal Bank of Scotland Lloyds should be bought on weakness, says Bernstein
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05:25 EDTLYGLloyds Banking upgraded to Overweight from Neutral at HSBC
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September 8, 2014
09:15 EDTLYGRoyal Bank of Scotland, Lloyds seen failing ECB review, Bloomberg reports
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09:12 EDTLYGOn The Fly: Pre-market Movers
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