On 9 June National Bank of Greece (NYSE:NBG) was added to the “model portfolio” of JPMorgan’s European banking analysts Monday, who also added Banco Popular to the list following last week’s moves by the European Central Bank to improve funding to the banking sector. National Bank of Greece (ADR) (NYSE:NBG) net profit margin is 6.80% and weekly performance is -5.97%. On last trading day company shares ended up $3.78. Analysts mean target price for the company is $4.65. National Bank of Greece (ADR) (NYSE:NBG) distance from 50-day simple moving average (SMA50) is -6.19%.
Berkshire Hathaway Inc. (NYSE:BRK.A)’s specialty insurance business, created last year to expand into new niches, said its latest push is into backing construction projects. Berkshire Hathaway Inc. (NYSE:BRK.A) shares fell -0.75% in last trading session and ended the day on $189,520.00. BRK-A gross Margin is 24.80% and its return on assets is 4.10%.Berkshire Hathaway Inc. (NYSE:BRK.A) quarterly performance is 3.08%.
Britain’s Barclays Plc (ADR) (NYSE:BCS) is to issue almost $4 billion of bonds that can convert into shares if the bank hits trouble after an offer to debt investors to exchange old bonds had much higher than expected take-up. Barclays PLC (ADR) (NYSE:BCS) shares moved up 0.31% in last trading session and was closed at $16.21, while trading in range of $16.16 – $16.26. Barclays PLC (ADR) (NYSE:BCS) year to date (YTD) performance is -9.03%.
Shares of JPMorgan Chase & Co. (NYSE:JPM) have fallen nearly 1.5% since the Morgan Stanley Financial Conference held at New York on Wednesday. There, the company’s Chief Financial Officer (CFO.V) Marianne Lake stated that in case trading revenues do not rebound as expected, there could be job cuts in the Investment Banking division, with compensation levels going down as well. JPMorgan Chase & Co. (NYSE:JPM) ended the last trading day at $57.04. Company weekly volatility is calculated as 1.22%. JPMorgan Chase & Co. (NYSE:JPM) showed a positive weekly performance of 0.12%.
Citigroup Inc. (NYSE:C) and Bank of America Corp. are facing the prospect of being sued by the US justice department after officials broke off talks aimed at settling probes into the banks’ sales of mortgage-backed bonds. Citigroup Inc. (NYSE:C) net profit margin is 26.80% and weekly performance is -2.74%. On last trading day company shares ended up $47.59. Analysts mean target price for the company is $58.28. Citigroup Inc. (NYSE:C) distance from 50-day simple moving average (SMA50) is 0.08%.