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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: 703.40
Bid: 703.30
Ask: 703.50
Change: -3.00 (-0.42%)
Spread: 0.20 (0.028%)
Open: 709.00
High: 710.50
Low: 703.30
Prev. Close: 706.40
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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)

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BEIJING/HONG KONG, Jan 22 (Reuters) - China's Vice President Han Zheng on Monday met with HSBC Chairman Mark Tucker in Beijing and urged the banking giant to deepen cooperation with China to improve Hong Kong's status as a financial centre, the official Xinhua news agency reported.

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Britain's finance minister Hunt to quiz bank bosses on UK lending

LONDON, Jan 18 (Reuters) - Britain's finance minister Jeremy Hunt will meet the bosses of top British banks next Tuesday to seek reassurance they can keep lending to the economy, four sources familiar with the matter said on Thursday.

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17 Jan 2024 17:05

European shares slide more than 1% on hawkish ECB remarks, disappointing China data

Dec. EZ final consumer prices at 2.9% on yearly basis

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16 Jan 2024 09:27

IN BRIEF: RBC targets completion of HSBC Canada buy in late March

Royal Bank of Canada - Toronto-based lender - Targets March 28 as close date for acquisition of HSBC Bank Canada. RBC will begin conversion activities once the transaction closes and will open the branches and offices in Canada for business a few days later on April 1.

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16 Jan 2024 09:14

LONDON BROKER RATINGS: UBS raises GSK and cuts AstraZeneca

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

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15 Jan 2024 17:06

UK's FTSE 100 slips as luxury, bank stocks weigh

FTSE 100 down 0.4%, FTSE 250 flat

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European shares start week on shaky footing as bond yields rise

Commerzbank gains after merger talks with Deutsche Bank

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15 Jan 2024 16:57

LONDON MARKET CLOSE: Sluggish stocks slip back in absence of US spur

(Alliance News) - Stocks in London were marked lower on Monday with the lack of direction from Wall Street, with US markets closed, adding to the subdued mood.

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15 Jan 2024 12:04

LONDON MARKET MIDDAY: Stocks head lower in quiet trade amid US holiday

(Alliance News) - Stock prices in London were lower at midday Monday, with trading likely to remain subdued due to a public holiday in the US.

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15 Jan 2024 09:11

LONDON BROKER RATINGS: Exane BNP cuts HSBC; Peel Hunt raises Hammerson

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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11 Jan 2024 22:04

First Citizens must 'clean up' claims that HSBC poached Silicon Valley Bank workers

Judge says bank must flesh out claims against ex-SVB employees

*

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11 Jan 2024 20:28

First Citizens must 'clean up' claims that HSBC poached Silicon Valley Bank workers

Judge says bank must flesh out claims against ex-SVB employees

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M&S shares, Wall Street sell-off drag FTSE lower

U.S. inflation data sparks selloff

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11 Jan 2024 10:59

UK plans new system to tackle small bank failures after SVB collapse

LONDON, Jan 11 (Reuters) - Britain's finance ministry plans to introduce new procedures to manage the failure of small banks more effectively, it said on Thursday, following last year's high-profile collapse of U.S.-based Silicon Valley Bank (SVB).

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TOP NEWS: Big Yellow rent hike saves revenue from decreased occupancy

(Alliance News) - Big Yellow Group PLC on Thursday said that revenue and lettable area had increased despite occupancy dropping during the "seasonally weaker third quarter".

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