BANK OF CHINA BEIJIN (OTCMKTS:BACHF) is seeking 100 billion yuan ($16 billion) from selling preferred stock in the largest fundraising by a Chinese bank in almost four years to comply with stricter capital requirements. BANK OF CHINA BEIJIN (OTCMKTS:BACHF) On last trading day company shares ended up $0.449 .
SINA Corp (NASDAQ:SINA)‘s stock had its “neutral” rating reaffirmed by Zacks in a research report issued to clients and investors on Friday, AnalystRatings.Net reports. They currently have a $50.00 target price on the stock. Zacks‘s price objective would indicate a potential upside of 2.82% from the company’s current price. SINA Corp (NASDAQ:SINA) shares fell -0.72% in last trading session and ended the day on $48.28. SINA Gross Margin is 59.20% and its return on assets is 2.10%. SINA Corp (NASDAQ:SINA) quarterly performance is -28.97%.
BNP Paribas upgraded shares of Qihoo 360 Technology Co Ltd (NASDAQ:QIHU) from a hold rating to a buy rating in a research report released on Monday morning,StockRatingsNetwork reports. BNP Paribas currently has $100.00 price objective on the stock. Qihoo 360 Technology Co Ltd (NYSE:QIHU) shares moved down -4.33% in last trading session and was closed at $80.34, while trading in range of $79.66 – $84.75. Qihoo 360 Technology Co Ltd (NYSE:QIHU) year to date (YTD) performance is -2.08%.
HSBC Holdings plc (ADR) (NYSE:HSBC) has declared a first interim dividend of US$0.10 per ordinary share for the year ending on Dec. 31, 2014. The dividend will be payable on July 10, 2014 to shareholders. HSBC Holdings plc declared a first interim dividend of US$0.10 per ordinary share for the year ending Dec. 31, 2014, in accordance with their intention, as set out in the 2013 Annual Report and Accounts, to pay quarterly dividends on the ordinary shares in a pattern of three equal dividends with a variable fourth interim dividend. HSBC Holdings plc (ADR) (NYSE:HSBC) ended the last trading day at $51.37. Company weekly volatility is calculated as 0.59% and price to cash ratio as 0.38. HSBC Holdings plc (ADR) (NYSE:HSBC) showed a positive weekly performance of 0.23%.
Barclays PLC (ADR) (NYSE:BCS) is having a hard time to boost the returns. Its investment bank is showing poor performance. The first quarter results came much below expectations. There was a 49% drop seen in profit. As a whole, the industry is suffering, but it has underperformed all its peers. The company has decided to cut down 7,000 Jobs in its Investment Bank by year 2016. Previously, the company’s objective was to build a global bank. However, with the slowing industry and internal pressures, the bank is in no position to carry out its dreams. Barclays PLC (ADR) (NYSE:BCS) net profit margin is 2.30% and weekly performance is 3.38%. On last trading day company shares ended up $17.14. Analysts mean target price for the company is $18.63. Barclays PLC (ADR) (NYSE:BCS) distance from 50-day simple moving average (SMA50) is 4.91%.