Bank of America Corp. and HSBC Holdings Plc (ADR) (NYSE:HSBC) agreed to settle lawsuits brought over property insurance that borrowers were forced to accept, lawyers for the homeowners said at a federal court hearing in Miami. HSBC Holdings plc (ADR) (NYSE:HSBC) stock opened at $53.38 in last session, and closed at $53.45, while the day range of HSBC stock is $53.28 – $53.53. The stock showed a positive weekly performance of 3.27%.
Loan financing will be skewed toward dollar-denominated transactions this year, even as mergers and acquisitions and leveraged buyouts in both Europe and the U.S. are expected to increase, according to Barclays Plc (ADR) (NYSE:BCS). (BARC). Barclays PLC (ADR) (NYSE:BCS) stock opened at $17.08, in last session and closed at $17.06, by losing -1.27%. The 52 week range of BCS is $15.83 – $20.44. Company’s market capitalization is $68.72billion.
Agnico Eagle Mines (TSE:AEM) was downgraded by analysts at UBS AG (NYSE:UBS) from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Friday. UBS AG (NYSE:UBS) stock decreased -0.57% and finished the last session at $20.84. The EPS of the stock remained 0.09. Company’s market capitalization is $78.52billion.
Citigroup Inc. (NYSE:C) started coverage on shares of Allstate Corp. (NYSE:ALL) in a research report sent to investors. The firm issued a neutral rating on the stock. Citigroup Inc (NYSE:C) stock opened the session at $49.57, and closed the session at $49.52. The 52 week range of the C stock remained $40.28 – $55.28 and the day range was $49.41 – $49.82.
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