focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar 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: 701.70
Bid: 701.30
Ask: 701.50
Change: -4.70 (-0.67%)
Spread: 0.20 (0.029%)
Open: 709.00
High: 710.50
Low: 701.10
Prev. Close: 706.40
HSBA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

US STOCKS-Wall St little changed near record; banks slip

Wed, 12th Nov 2014 17:30

* Macy's climbs after earnings

* BB&T to buy Susquehanna Bancshares for $2.5 bln

* SeaWorld tumbles after earnings

* Indexes: Dow, S&P 500 off 0.04 pct, Nasdaq up 0.09 pct (Adds SeaWorld, updates prices)

By Chuck Mikolajczak

NEW YORK, Nov 12 (Reuters) - U.S. stocks were little changedon Wednesday, as investors saw little reason to push indexessignificantly higher a day after the Dow and S&P 500 closed atrecord highs for a fifth straight session.

Financial companies lost ground after global regulatorsfined five major banks - including UBS AG ,HSBC Holdings Plc and Citigroup Inc - $3.4billion for failing to stop their traders from trying tomanipulate the foreign exchange market.

Citigroup, which will pay $1.02 billion to settle the probe, dipped 0.8 percent to $53.39. JPMorgan Chase, which isalso facing a penalty, fell 1.4 percent to $60.49 as the biggestdrag on the S&P 500, while the S&P financial index lost0.3 percent.

Tuesday's S&P 500 record marked its 40th new closing high ofthe year, versus 45 in 2013. The last five-day streak of recordhighs was in May 2013, and the next longest was eight days inJune 1997. The Dow is on a 6-session winning run, its longestsince June.

The Dow Jones industrial average fell 7.46 points, or0.04 percent, to 17,607.44, the S&P 500 lost 0.91 points,or 0.04 percent, to 2,038.77 and the Nasdaq Composite added 4.41 points, or 0.09 percent, to 4,664.97.

"This is a pause. There hasn't been any horrible newspressing down the market," said Kim Forrest, senior equityresearch analyst at Fort Pitt Capital Group in Pittsburgh.

The S&P 500 has rallied more than 9 percent from a six-monthlow in October, buoyed by supportive economic data and corporateearnings. For the year so far, it is up more than 10 percent.

Thomson Reuters data through Wednesday morning showed thatof 453 companies in the S&P 500 reporting, 74.8 percent beatexpectations, well above the long-term and one-year averages.Earnings overall were expected to grow 10 percent over theyear-ago period.

Macy's Inc rose 4.6 percent to $61.26 after it postedthird-quarter earnings and revised its full-year outlook. Cisco Systems is scheduled to reportearnings after the close.

U.S. wholesale inventories rose more that expected inSeptember but the government revised downward initial estimatesfor August, which suggests little impact on current views ofthird-quarter economic growth.

SeaWorld Entertainment slumped 11.1 percent to$16.53, the biggest percentage decliner on the New York StockExchange, after quarterly earnings fell short of expectations.

Susquehanna Bancshares Inc surged 33 percent to$13.17 after the company agreed to be acquired by BB&T Corp for about $2.5 billion. BB&T shares lost 1.9 percent to$37.60. (Reporting by Chuck Mikolajczak; Editing by W Simon, JS Benkoeand Nick Zieminski)

More News
14 May 2024 16:11

Kazakhstan opens thorny debate on 2025 OPEC+ oil quotas

LONDON, May 14 (Reuters) - Kazakhstan opened on Tuesday a thorny debate on OPEC+ production levels, saying it believed it should be allowed to pump more oil in 2025, when all current output cuts by the producer group are due to expire.

Read more
14 May 2024 06:27

UK ministers, companies visit Saudi Arabia to boost trade ties

(Alliance News) - UK Cabinet ministers are visiting Saudi Arabia in a bid to bolster trade links with the kingdom amid reports that Riyadh authorised the use of lethal force to clear land for a new desert city.

Read more
9 May 2024 17:33

London's FTSE 100 hits record for fourth session after BoE signals rate cuts

FTSE 100 up 0.3%, FTSE 250 adds 0.2%

*

Read more
9 May 2024 17:06

STOXX 600 ends at record high; BBVA weighs on Spain

Mercedes-Benz, HSBC, Allianz trade ex-dividend

*

Read more
9 May 2024 15:21

London close: Stocks manage gains as BoE holds rates

(Sharecast News) - London markets closed on a positive note on Thursday, bolstered by the Bank of England's decision to maintain interest rates, in line with market expectations.

Read more
9 May 2024 09:53

LONDON BROKER RATINGS: NatWest target raised, other lenders backed

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

Read more
8 May 2024 12:30

Abu Dhabi's Aldar sell $500 mln in 10-year green sukuk

May 8 (Reuters) - Abu Dhabi's largest real estate developer Aldar Properties Has launched $500 million in 10-year green sukuk, an arranging bank document revealed on Wednesday.

Read more
8 May 2024 07:41

Al Rajhi Bank plans to issue 5.5-year sustainable sukuk, document says

May 8 (Reuters) - Al Rajhi Bank, world's largest Islamic bank in assets and market capitalisation, is planning to sell 5.5-year sustainable Islamic bonds, or sukuk, according to an arranging bank document seen by Reuters on Wednesday.

Read more
8 May 2024 07:18

Aldar Properties starts selling 10-year green sukuk, document says

May 8 (Reuters) - Abu Dhabi's largest real estate developer Aldar Properties has started selling 10-year green Islamic bonds, or sukuk, according to an arranging bank document seen by Reuters on Wednesday.

Read more
7 May 2024 11:30

JPMorgan cuts at least six investment banking jobs in Hong Kong, sources say

HONG KONG, May 7 (Reuters) - JPMorgan Chase & Co has become the latest Wall Street firm to reduce its workforce in Hong Kong, two sources with knowledge of the matter said, amid a weaker market and dealmaking activities.

Read more
7 May 2024 08:30

Abu Dhabi developer Aldar picks banks for 10-year green sukuk

May 7 (Reuters) - Abu Dhabi's largest real estate developer Aldar Properties has hired banks for its 10-year green sukuk offering, an arranging bank document showed on Tuesday.

Read more
4 May 2024 23:51

Ping An votes against reappointment of HSBC CEO as director, source says

May 4 (Reuters) - China's Ping An Insurance Group Co the biggest Asian investor in HSBC PLC did not support reappointing chief executive Noel Quinn as a director to the banks board at the its shareholder meeting, a source familiar with the matter told Reuters on Saturday, as the investor voted against such a move.

Read more
4 May 2024 08:37

Norway wealth fund to back Barclays CEO, chair at AGM

OSLO, May 4 (Reuters) - Norway's $1.6 trillion sovereign wealth fund, one of the world's largest investors, supports the reappointment of Barclays CEO C.S. Venkatakrishnan and Chair Nigel Higgins to the British bank's board, the fund manager said on Saturday.

Read more
3 May 2024 07:50

LONDON BRIEFING: InterContinental Hotels makes first-quarter progress

(Alliance News) - London's FTSE 100 is called to open higher on Friday, on the expectation of a softer US jobs report, which could take some sting out of hawkish Federal Reserve interest rate expectations.

Read more
3 May 2024 06:30

HSBC facing shareholder pressure over green finance ahead of AGM

(Alliance News) - HSBC Holdings PLC is facing pressure from shareholders over green finance ahead of its annual general meeting.

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.