The National Bank of Greece is selling its London-based private equity arm, NBGI, to raise capital and the process could be completed in September, according to Reuters. National Bank of Greece (ADR) (NYSE:NBG) net profit margin is 10.00% and weekly performance is 2.96%. On last trading day company shares ended up $3.82. Analysts mean target price for the company is $4.65. National Bank of Greece (ADR) (NYSE:NBG) distance from 50-day simple moving average is 3.03%.
Berkshire Hathaway, Warren Buffett’s investment conglomerate, and Graham Holdings Co. reported Tuesday that they have completed the sale of the Miami-area television station and other assets of Graham Holdings to Berkshire Hathaway. The companies announced the deal on March 12.Berkshire Hathaway Inc. (NYSE:BRK.A) shares advanced 0.32% in last trading session and ended the day on $190,500.00.
American International Group, Inc. (NYSE:AIG) announced that it will redeem all of its outstanding 4.875% Notes Due 2016 (CUSIP No. 026874CB1) (the “2016 Notes”) and all of its outstanding 3.800% Notes Due 2017 (CUSIP No. 026874CS4) (the “2017 Notes” and, together with the 2016 Notes, the “Notes”) on July 31, 2014 (the “Redemption Date”). On the Redemption Date, AIG will pay to the registered holders of each series of Notes a redemption price per $1,000 principal amount of Notes as determined in accordance with the applicable indenture governing such series of Notes, plus accrued and unpaid interest to, but not including, the Redemption Date. The Notes are part of the Direct Investment book (“DIB”) and will be repaid using cash allocated to the DIB. As of July 1, 2014, $790,175,000 aggregate principal amount of 2016 Notes were outstanding and $1,250,000,000 aggregate principal amount of 2017 Notes were outstanding.American International Group Inc (NYSE:AIG) shares moved up 1.47% in last trading session and was closed at $55.38, while trading in range of $54.94-$55.71. American International Group Inc (NYSE:AIG) year to date performance is 8.99%.
MetLife, Inc. (NYSE: MET) will hold its second quarter 2014 earnings conference call and audio webcast on Thursday, July 31, 2014, from 8-9 a.m. EDT. The call will follow MetLife’s issuance of its second quarter 2014 earnings news release and release of its Second Quarter 2014 Financial Supplement on Wednesday, July 30, 2014, after the market closes.Metlife Inc (NYSE:MET) ended the last trading day at $56.18. Company weekly volatility is calculated as 1.49% and price to cash ratio as 7.38. Metlife Inc (NYSE:MET) showed a positive weekly performance of 0.23%.
Antony Jenkins, promoted to run Barclays Plc (BARC) after the Libor scandal, pledged to overhaul the bank’s culture, committing to values of integrity and respect. Allegations of fraud on his watch are undermining his plan.Barclays lied to customers and masked the role of high-frequency traders as it sought to boost revenue at one of Wall Street’s largest private trading venues, New York Attorney General Eric Schneiderman said in a civil complaint filed June 25. He cited a pattern of misleading and false representations that went on as recently as April.Barclays PLC (ADR) (NYSE:BCS) net profit margin is 2.30% and weekly performance is -6.31%. On last trading day company shares ended up $14.84. Analysts mean target price for the company is $18.69. Barclays PLC (ADR) (NYSE:BCS) distance from 50-day simple moving average is -9.59%.