Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksHSBC Holdings Share News (HSBA)

Share Price Information for HSBC Holdings (HSBA)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 720.80
Bid: 722.20
Ask: 722.40
Change: 8.20 (1.15%)
Spread: 0.20 (0.028%)
Open: 722.30
High: 724.40
Low: 718.10
Prev. Close: 712.60
HSBA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

BUZZ-U.S. STOCKS ON THE MOVE-Boeing, Digital Ally, Home Loan Servicing

Mon, 23rd Feb 2015 15:13

(For faster updates on individual market-movers, Eikon usersplease use search string "STXBZ US"; for the Day Aheadnewsletter, http://link.reuters.com/mex49s; for the Morning NewsCall newsletter, http://link.reuters.com/nex49s)

U.S. stocks opened slightly lower on Monday, with both theDow and S&P 500 near records levels as investors digested anagreement by euro zone finance ministers to extend Greece'sbailout by four months, provided it draws up a list of reforms.The Dow Jones industrial average was down 0.30 percent at18,086.26, the S&P 500 was down 0.24 percent at 2,105.23and the Nasdaq Composite was down 0.05 percent at4,953.38.

** RIGEL PHARMA INC, $3.39, +32.94 pct

Rigel and Bristol-Myers Squibb Co will collaborateto develop and market cancer immunotherapies based on Rigel'sTGF beta receptor kinase inhibitors-in-development.

** HOME LOAN SERVICING SOLUTIONS LTD, $18.255,+8.92 pct

** NEW RESIDENTIAL INVESTMENT CORP, $13.65, +4.28pct

New Residential Investment will buy Home Loan Servicing forabout $1.3 bln in cash. The deal value of $18.25/sharerepresents about a 9 percent premium to Home Loan Servicing'sclosing price on Friday.

** CYBERARK SOFTWARE LTD, $63.5, -9.74 pct

JP Morgan downgraded the cyber security software maker'sstock to "underweight" from "neutral", saying "a lot needs to goright to justify current share price... a lot of positive salesexecution and expanded distribution is already factored into thestock."

** BALLARD POWER SYSTEMS INC, $2.702, +12.12 pct

The fuel cell maker signed two fuel cell technologycontracts, one with Ardica Technologies and one with an unnamedautomotive equipment manufacturer.

** TOWER SEMICONDUCTOR LTD, $15.58, +13.81 pct

TowerJazz, which includes the Israeli chipmaker and its U.S.unit Jazz Semiconductor, said fourth-quarter net profit doubledand revenue grew 75 percent. It expects first-quarter revenue torise about 70 percent.

** CELLDEX THERAPEUTICS INC, $24.74, +16.64 pct

FDA granted the company's drug rindopepimut breakthroughtherapy status. Rindopepimut is an experimental immunotherapythat targets tumor cells in patients with glioblastomamultiformem, a type of brain tumor.

** DIGITAL ALLY INC, $13.2955, +20.43 pct

The maker of wearable cameras for police forces was awardeda five-year contract by U.S. General Services Administration.The contract allows federal, state and local governmentalcustomers to buy the company's products at approved pricing.

** EXXON MOBIL, $89.26, -0.73 pct

** CHEVRON CORP, $108.03, -0.52 pct

** CONOCOPHILLIPS, $66.94, -0.65 pct

** SCHLUMBERGER LTD, $84.99, -1.04 pct

** HALLIBURTON CO, $42.8, -1.29 pct

** NATIONAL-OILWELL VARCO INC, $53.53, -1.73 pct

** SEADRILL LTD, $11.9, -3.57 pct

** TRANSOCEAN LTD, $16.56, -2.65 pct

** NABORS INDUSTRIES LTD, $13.1, -3.11 pct

** GOODRICH PETROLEUM CORP, $4.27, -2.95 pct

** BASIC ENERGY SERVICES INC, $6.66, -6.20 pct

** PENN WEST PETROLEUM LTD, $2.128, -5.42 pct

Oil prices fall on worries about oversupply in North Americaand a strong dollar. Brent crude was trading $1.66 lowerat $58.56/bbl, while U.S. WTI crude April futures weredown $1.54 at $48.80 [ID;nL4N0VX0AY]

** AAR CORP, $30.97, +3.54 pct

** TRANSDIGM GROUP INC, $220.11, +2.99 pct

Aviation services provider AAR Corp said it would sell itscargo handling business, Telair Cargo Group, to TransDigm Groupfor $725 million in cash.

** HARMONY GOLD MINING CO, $2.39, -1.24 pct

An underground fire broke out at the company's Kusasalethumine near Johannesburg on Sunday. The miner said it rescued all486 miners trapped underground.

** ARMSTRONG WORLD INDUSTRIES INC, $56.98, +3.98 pct

The construction materials maker said it would spin off itsflooring business to concentrate on its ceilings unit. ArmstrongWorld also reported lower-than-expected fourth-quarter revenue,hurt by lower sales in the Americas and a stronger dollar.

** OCWEN FINANCIAL CORP, $8.72, -9.17 pct

** NATIONSTAR MORTGAGE HOLDINGS INC, $30.78, +10.20pct

Mortgage servicer Ocwen said it would sell a portfolio ofresidential mortgage servicing rights worth $9.8 billion toNationstar Mortgage. The portfolio consists of about 81,000performing loans owned by Freddie Mac.

** BOEING CO, $154.56, -2.37 pct

Goldman Sachs downgraded the aircraft maker's stock to"sell" from "neutral", according to Theflyonthewall.com. Of 23other analysts covering it, 15 have "buy" or higher ratings,while seven have "hold" and one has "strong sell".

** SPECTRUM PHARMACEUTICALS INC, $5.96, -20.11 pct

A Nevada court ruled in favor of Novartis AG,deeming "invalid" two patents covering the cancer-focusedbiotech's injection, Fusilev.

Roth Capital downgraded the stock to "neutral", saying thecompany will be hurt by the increasing risk to the Fusilevrevenue stream, and halved its price target to $7 from $15.

** VALEANT PHARMACEUTICALS INTERNATIONAL INC,$197.5, +13.99 pct

** SALIX PHARMACEUTICALS LTD, $156.18, -1.06 pct

Canada's Valeant agreed to buy gastrointestinaldrugmaker Salix for about $10.1 billion, the companies said onSunday.

Cantor Fitzgerald raised its price target on Valeant's stockto $214 from $184.

** HSBC HOLDINGS PLC, $44.25, -5.21 pct

The bank reported a deeper-than-expected 17 percentslide in annual pretax profit and cut its earnings target,saying allegations its Swiss business had helped customers tododge taxes had brought shame on it.

BREAKINGVIEWS-HSBC's operating woes trump Swiss tax furore:

** TWENTY-FIRST CENTURY FOX INC, $35.13, -3.57 pct

** DISCOVERY COMMUNICATIONS INC, $33.03, +6.79 pct

Rupert Murdoch's Twenty-First Century Fox, which like otherbroadcasters is battling a shift to on-demand TV, denied therehad been any takeover talks with Discovery, owner of AnimalPlanet and the Discovery Channel, as reported by the AustralianFinancial Review.

** POLYPORE INTERNATIONAL INC, $59.49, +12.35 pct

** 3M CO, $168.53, +0.24 pct

Asahi Kasei Corp, a Japanese chemicals maker, saidit would buy Polypore's energy storage segment for $2.2 billion.3M Co will buy the assets of Polypore's Separations Mediasegment for about $1 billion and Asahi Kasei will receive thecash proceeds.

** ANGLOGOLD ASHANTI, $11.51, +0.35 pct

Africa's top bullion producer said it fell into a loss inthe fourth quarter of last year because of costs associated withlayoffs and restructuring at its key Ghana operation andaccounting adjustments.

** GLOBE SPECIALTY METALS INC, $16.96, +10.34 pct

The silicon-alloy producer and Spain's Grupo FerroAtlanticaSA said they would merge to form a company controlled byFerroAtlantica shareholders. (Compiled by Sneha Banerjee in Bengaluru; Editing by JoyjeetDas)

More News
9 Apr 2024 15:12

London close: Stocks slip ahead of ECB, US inflation print

(Sharecast News) - London markets closed lower on Tuesday, as investors braced for a key US inflation reading as well as a policy announcement from the European Central Bank later in the week.

Read more
9 Apr 2024 15:12

HSBC's Argentina exit doesn't impact valuation, Shore Capital says 'buy'

(Sharecast News) - Shore Capital has said that HSBC's disposal of its Argentinian business should not have a material impact on its investment case despite it generating a $1bn hit to the business.

Read more
9 Apr 2024 08:52

TOP NEWS: HSBC to take USD1 billion loss on sale of Argentina business

(Alliance News) - HSBC Holdings PLC on Tuesday said it will sell its business in Argentina to Grupo Financiero Galicia SA, which it called the largest private financial group in the South American country.

Read more
9 Apr 2024 08:44

LONDON MARKET OPEN: Stocks shaky ahead of US CPI data, ECB decision

(Alliance News) - Stock prices in London opened mostly lower on Tuesday, as investors look ahead to a key inflation reading from the US, as well as the latest interest rate decision from the European Central Bank.

Read more
9 Apr 2024 08:37

HSBC takes $1 bln hit from Argentina sale as Asia pivot continues

Grupo Financiero Galicia to buy the business for $550 mln

*

Read more
9 Apr 2024 07:39

LONDON BRIEFING: HSBC sells Argentinian arm for USD550 million

(Alliance News) - Stocks in London are called to open lower on Tuesday, as investors nervously look ahead to US inflation data and the European Central Bank's latest interest rate decision.

Read more
9 Apr 2024 07:05

HSBC to take $1bn hit from Argentina unit sale

(Sharecast News) - HSBC Holdings on Tuesday said it was selling its Argentina business to Grupo Financiero Galicia for $550m and take a $1bn pre-tax loss in the process as it continued to pivot its operations towards Asia.

Read more
8 Apr 2024 19:45

West Virginia treasurer adds four finance firms to ESG blacklist

NEW YORK, April 8 (Reuters) - West Virginia added four financial firms on Monday to a list of institutions that may be barred from some state business because the state's treasurer deems they are boycotting the fossil fuel industry.

Read more
8 Apr 2024 07:00

HSBC targets wealthy expats, bullish Asian firms to drive Europe unit, exec says

Managers focused on growth after complex transformation

*

Read more
5 Apr 2024 07:29

Spain's Berge drops plans to list its Astara unit this year

MADRID, April 5 (Reuters) - Spanish privately owned logistics group Berge has dropped plans to list shares in its automotive unit Astara as market conditions are not the most appropriate for a flotation, the company said late Thursday.

Read more
3 Apr 2024 16:07

London close: Stocks reverse losses to finish slightly higher

(Sharecast News) - London markets saw modest gains by the close on Wednesday, following Wall Street higher in afternoon trading.

Read more
3 Apr 2024 13:19

Morgan Stanley commits to Canary Wharf home until at least 2038

LONDON, April 3 (Reuters) - Morgan Stanley's UK arm has extended a lease on its 547,000 square foot European headquarters in London's Canary Wharf to 2038, committing to the Docklands financial hub even as rivals relocate in search of smaller offices.

Read more
2 Apr 2024 17:28

London stocks dip in global risk off mood; commodity-linked stocks jump

FTSE 100 down 0.2%, FTSE 250 adds 0.9%

*

Read more
2 Apr 2024 15:22

London close: Stocks turn red on return from Easter break

(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.

Read more
2 Apr 2024 11:50

LONDON MARKET MIDDAY: FTSE 100 buoyed by UK manufacturing growth

(Alliance News) - The FTSE 100 in London was up at midday on Tuesday, reacting to the UK manufacturing sector returning growth and further PMI data across the globe.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.