National Bank of Greece S.A. (NYSE:NBG) is trying to still manage a turnaround. If earnings are a barometer, then the bank could be on the way back up. In the fourth quarter of 2013, NBG posted a profit of €547 million. Before you get too excited, the earnings include a gain from tax benefits from prior years. That also helped to offset large loan loss provisions. Excluding items, NBG’s fourth-quarter profit was only €16 million. Still, it is a profit, and NBG lost some €81 million just one quarter earlier. National Bank of Greece (ADR) (NYSE:NBG) shares after opening at $5.66 on last trade day and at the end of the day closed at $5.42. Company price to sales ratio in past twelve months was calculated as 0.72 and price to cash ratio as 0.36. National Bank of Greece (ADR) (NYSE:NBG) showed a positive weekly performance of 5.04%.
Investors should maintain a balanced portfolio that modestly overweights equities, according to Barclays PLC (ADR) (NYSE:BCS)’ latest flagship quarterly research publication Global Outlook: A balanced portfolio still makes sense. With risks to Barclays’ modest growth forecast evenly balanced and bond yields now at levels roughly consistent with economic fundamentals, positions in fixed income should provide investors with an effective hedge against any stock market correction or growth disappointment. Barclays PLC (ADR) (NYSE:BCS) shares fell -1.39% in last trading session and ended the day on $15.61. BCS return on equity ratio is recorded as 2.80% and its return on assets is 0.10%. Barclays PLC (ADR) (NYSE:BCS) yearly performance is -2.44%.
U.S. antitrust laws are a fascinating confusion of logic and nonsense. Supposedly designed to protect consumers, the antitrust laws seem to be used just as much to settle battles between dueling retailers or between retailers and manufacturers. In too many cases, the government steps in to block actions that would appear likely to be good for consumers. The latest case is the spreading war by car dealers to block Tesla Motors Inc (NASDAQ:TSLA) sales using state legislatures as their anti-consumer instrument. Tesla Motors sells a very expensive all-electric car and its business plan involves direct-to-consumer sales. Tesla invested considerable money, thought, and time in designing a showroom and a sales process (fixed price, no negotiating, and no commissions) to make its target customers comfortable and close sales smoothly. Tesla Motors Inc (NASDAQ:TSLA) shares moved down -2.56% in last trading session and was closed at $228.89, while trading in range of $227.50 – $236.20. Tesla Motors Inc (NASDAQ:TSLA) year to date (YTD) performance is 52.16%.
Ford Motor Company (NYSE:F) saw some unusual options trading activity on Friday. Stock investors purchased 63,014 call options on the company, AmericanBankingNews.com reports. This is an increase of 105% compared to the typical volume of 30,805 call options. Ford Motor Company (NYSE:F) weekly performance is 2.59%. On last trading day company shares ended up $15.47. Ford Motor Company (NYSE:F) distance from 50-day simple moving average (SMA50) is0.13%. Analysts mean target price for the company is $17.97.
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