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Stock Market & Financial Investment News

News Breaks
March 25, 2013
11:44 EDTSANBanco Santander drops sharply after Eurogroup Cyprus comments
The ADR is down over 4.3%, last at $7, following comments from the Eurogroup that the resolution of the banking crisis in Cyprus would be a template for the remainder of the Eurozone as well. At last price, support is at $6.85. Resistance is at $7.29.
News For SAN From The Last 14 Days
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May 14, 2015
06:57 EDTSANSources: HSBC could pick preferred bidder for Brazil unti by June, Reuters says
HSBC (HSBC) is set to receive binding offers for its Brazilian unit as early as June, at which time it may select a preferred bidder for the struggling unit, Reuters reports, citing three sources. Bids for the unit may not surpass book value, which is estimated at about $3.34B right now, the sources say, adding that Banco Bradesco (BBD), Banco Santander Brasil (SAN) and Grupo BTG Pactual had access to the unit's preliminary documents. Reference Link

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