Tag: HSBC Holdings Plc

  • EU Name Showed Weakness: Nokia Corporation (NYSE:NOK), Deutsche Bank (NYSE:DB), Alcatel Lucent SA (NYSE:ALU), HSBC Holdings plc (ADR) (NYSE:HSBC), Barclays PLC (NYSE:BCS)

    Nokia Corporation (ADR) (NYSE:NOK) acquired mapping start-up app-maker Desti, which incorporates artificial intelligence in maps to help people find what they are looking for. Nokia Corporation (ADR) (NYSE:NOK) net profit margin is -9.50% and weekly performance is 1.53%. On last trading day company shares ended up $7.98. Analysts mean target price for the company is $8.10. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average (SMA50) is 7.26%.

    Deutsche Bank AG (USA) (NYSE:DB) will price an 8 billion euro ($11 billion) capital increase on Wednesday, likely at a big discount, to fortify its balance sheet ahead of regulatory checks and to complete a costly restructuring. Deutsche Bank AG (USA) (NYSE:DB) shares fell -0.22% in last trading session and ended the day on $40.33. Deutsche Bank AG (USA) (NYSE:DB) quarterly performance is -13.23%.

    Alcatel-Lucent (NYSE:ALU) launched an offering of bonds convertible into and/or exchangeable for new and/or existing shares (the “Bonds”) in two tranches. The first tranche of an initial nominal amount of approximately EUR 625.8 million maturing on 30 January 2019 (the “2019 Bonds”); and the second tranche of an initial nominal amount of approximately EUR 418.4 million maturing on 30 January 2020 (the “2020 Bonds”). Alcatel Lucent SA (ADR) (NYSE:ALU) shares moved down -2.30% in last trading session and was closed at $3.82, while trading in range of $3.81 – $3.87. Alcatel Lucent SA (ADR) (NYSE:ALU) year to date (YTD) performance is -13.18%.

    HSBC Holdings plc (NYSE:HSBC)‘s stock had its “add” rating restated by research analysts at Numis Securities Ltd in a report released on Monday. They currently have a GBX 725 ($12.15) price target on the stock. Numis Securities Ltd’s target price suggests a potential upside of 15.23% from the company’s current price. HSBC Holdings plc (ADR) (NYSE:HSBC) ended the last trading day at $52.34. Company weekly volatility is calculated as 0.51% and price to cash ratio as 0.26.HSBC Holdings plc (ADR) (NYSE:HSBC) showed a positive weekly performance of 0.29%.

    Barclays Plc (ADR) (NYSE:BCS) this week cut several hundred jobs in its investment bank as part of its plan to shrink the business by 7,000 staff over the next three years to save costs, people familiar with the matter said. Barclays PLC (ADR) (NYSE:BCS) net profit margin is 2.30% and weekly performance is -0.43%. On last trading day company shares ended up $16.36. Analysts mean target price for the company is $20.77. Barclays PLC (ADR) (NYSE:BCS) distance from 50-day simple moving average (SMA50) is -0.08%.