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Pin to quick picksHSBC Holdings Share News (HSBA)

Share Price Information for HSBC Holdings (HSBA)

London Stock Exchange
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Share Price: 695.60
Bid: 695.80
Ask: 696.00
Change: -1.40 (-0.20%)
Spread: 0.20 (0.029%)
Open: 696.10
High: 697.90
Low: 694.80
Prev. Close: 697.00
HSBA Live PriceLast checked at -

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BUZZ-U.S. STOCKS ON THE MOVE-Goldman Sachs, Boeing, Valeant, Polypore

Mon, 23rd Feb 2015 13:28

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

U.S. stock index futures dipped on Monday, after the Dow andS&P closed at records on the heels of an agreement by euro zonefinance ministers to extend Greece's bailout by four monthsprovided it draws up a list of reforms: Dow Jones industrialaverage futures were down 0.22 percent at 18,065, S&P500 futures were down 0.19 percent at 2,103 and Nasdaq100 futures were up 0.03 percent at 4,439.25.

** GOLDMAN SACHS GROUP INC, Friday close$191.51, -1.31 pct premarket

The bank raised the top end of its estimate of "reasonablypossible" legal losses to about $3 billion from $2.5 billion.The estimate accounts for potential losses apart from what isalready set aside in reserves, it said in a quarterly regulatoryfiling.

** HARMONY GOLD MINING CO, Friday close$2.42, -1.24 pct premarket

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, Friday close$54.8, +4.01 pct premarket

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.

** BRISTOL-MYERS SQUIBB CO, Friday close $60.52

The company said it would buy privately held drugmakerFlexus Biosciences Inc for up to $1.25 billion to expand itspipeline of cancer drugs.

** OCWEN FINANCIAL CORP, Friday close $9.6, +7.50pct premarket

** NATIONSTAR MORTGAGE HOLDINGS INC, Friday close$27.93, +4.01 pct premarket

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, Friday close $158.31, -2.09 pctpremarket

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".

** DISH NETWORK CORP, Friday close $78.31, +0.11pct premarket

The second-largest U.S. satellite TV company said founderand Chairman Charlie Ergen would step in as CEO when Joe Claytonretires on March 31.

** SPECTRUM PHARMACEUTICALS INC, Friday close$7.46, -24.93 pct premarket

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, Fridayclose $173.26, +8.06 pct premarket

** SALIX PHARMACEUTICALS LTD, Friday close$157.85, -0.92 pct premarket

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, Friday close $46.68, -5.10pct premarket

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, Friday close$35.3, +0.00 pct premarket

** DISCOVERY COMMUNICATIONS INC, Friday close$30.93, +3.10 pct premarket

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, Friday close$52.95, +12.52 pct premarket

** 3M CO, Friday close $168.12, -0.04 pct premarket

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 SeparationsMedia segment for about $1 billion and Asahi Kasei will receivethe cash proceeds.

** CITIGROUP INC, Friday close $51.78, -0.31 pctpremarket

** SPRINGLEAF HOLDINGS INC, Friday close $38.57

Citigroup is in advanced talks to sell its consumer financeunit OneMain Financial Holdings Inc to subprime lenderSpringleaf for more than $4 billion, people familiar with thematter said on Friday.

** ANGLOGOLD ASHANTI, Friday close $11.47, -2.88 pctpremarket

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.

** BARRICK GOLD CORP, Friday close $12.89, -0.54 pctpremarket

More than 2,000 unionized workers at the Lumwana copper mineowned by the Canadian company stopped work demanding to knowwhat will happen to them when the company closes the business, agovernment official said.

** MCDONALD'S CORP, Friday close $94.19, -0.44 pctpremarket

The fastfood chain and its franchisees may have few optionsbut to begin raising hourly wages as an improving U.S. economycreates competition for good workers and as mega-employerWal-Mart Stores Inc sets a higher bar on pay, accordingto labor experts. [ID;nL1N0VU1UC]

** GENERAL MOTORS CO, Friday close $37.65, -0.24 pctpremarket

United Auto Workers President Dennis Williams, whose unionindirectly controls the largest single block of GM shares, toldReuters an investor group's proposal that GM buy back $8 billionof its stock is premature, and the amount too high for thecompany's long-term health.

** GLOBE SPECIALTY METALS INC, Friday close $15.37

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
29 Nov 2023 12:02

LONDON MARKET MIDDAY: FTSE 100 underperforms ahead of US data

(Alliance News) - European equities were largely higher heading into Wednesday afternoon's US gross domestic product reading, though London's FTSE 100 underperformed as China-exposed shares and international earners declined.

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29 Nov 2023 11:13

IN BRIEF: Pets At Home starts GBP25 million 2nd half of share buyback

Pets At Home Group PLC - Cheshire, England-based pet supplies and veterinary services - Launches GBP25 million second tranche of GBP50 million share buyback. Commissions HSBC Bank PLC, part of HSBC Holdings PLC, to conduct the buyback tranche, which will end by March 28 next year. The overall programme was started in June. The launch of the second tranche follows the release of interim results on Tuesday. Pretax profit declined 35% to GBP34.7 million in the 28 weeks to October 12 from GBP53.4 million a year prior, as a 6.5% revenue increase was offset by higher cost of sales and administrative expenses. Pets at Home had maintained its interim dividend at 4.5 pence per share.

Read more
27 Nov 2023 17:08

LONDON MARKET CLOSE: Downbeat China data hurts exposed FTSE 100 stocks

(Alliance News) - Stock prices in London closed down on Monday, as underwhelming industrial data from China hurt Asia-exposed stocks and oil majors, while new homes figures in the US also disappointed.

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27 Nov 2023 11:58

LONDON MARKET MIDDAY: Downbeat China headlines hurt FTSE 100

(Alliance News) - London's FTSE 100 made an uncertain start to the week, with share price falls for miners, oil majors and China-exposed stocks sending the large-cap benchmark into the red heading into Monday afternoon.

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27 Nov 2023 06:47

UPDATE: HSBC UK says banking services return after Black Friday outage

(Alliance News) - HSBC Holdings PLC said its digital services are returning to normal after UK customers were left struggling to access mobile and online banking on one of the busiest shopping days of the year.

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24 Nov 2023 11:48

HSBC UK investigating as customers struggle to access banking services

(Alliance News) - HSBC UK is investigating "as a matter of urgency" as customers have been struggling to access banking services on Black Friday.

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24 Nov 2023 11:01

HSBC apologises after online banking outage

(Sharecast News) - HSBC issued an apology on Friday morning after a disruption to its mobile and online banking services left many UK customers unable to access their accounts on one of the year's biggest shopping days.

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23 Nov 2023 11:28

Greencore signs new GBP350 million sustainability-linked facility

(Alliance News) - Greencore Group PLC on Thursday said it signed a new five-year GBP350 million sustainability-linked revolving credit facility.

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22 Nov 2023 15:12

London close: Stocks mixed as investors digest Autumn Statement

(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by the Chancellor's Autumn Statement and big moves from the likes of Sage and Kingfisher.

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22 Nov 2023 09:48

LONDON BROKER RATINGS: RBC cuts HSBC; Liberum cuts Glencore

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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22 Nov 2023 07:50

RBC Capital downgrades HSBC, says shares looking 'more fair value'

(Sharecast News) - RBC Capital Markets downgraded HSBC on Wednesday to 'sector perform' from 'outperform' and cut the price target to 775p from 825p as it said the shares are looking more fair value.

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22 Nov 2023 07:47

LONDON BRIEFING: SigmaRoc signs USD1 billion deal for CRH lime assets

(Alliance News) - Stocks are expected to edge higher at Wednesday's market open in London, as investors look ahead to the latest fiscal announcements from the UK government.

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21 Nov 2023 06:24

Banks accused of 'lack of transparency' over green finance activities

(Alliance News) - Europe's 20 largest banks have been accused of a "structural lack of transparency" over their green finance activities.

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14 Nov 2023 13:44

Halifax, First Direct, HSBC UK among lenders cutting UK mortgage rates

(Alliance News) - Major lenders have announced new mortgage rate cuts in the UK, widening the choice for borrowers searching for deals under the 5% mark.

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13 Nov 2023 12:27

Chinese credit growth ticks higher in October but rate of money supply increase slows

(Sharecast News) - Lending growth in the People's Republic of China ticked higher last month, but the details of the latest figures attested to cooling domestic demand even amid increased fiscal stimulus.

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