Shares of National Bank of Greece SA (ADR) (NYSE:NBG) declined nearly 15% after a Reuters report stated that the company was planning to raise additional capital by issuing shares. Headquartered in Athens, Greece, the bank will be issuing roughly €2.2 billion ($3.03 billion) worth of shares to plug in its capital deficit, though the final decision will be taken by its board of directors. National Bank of Greece (ADR) (NYSE:NBG) shares after opening at $3.96 moved to $3.99 on last trade day and at the end of the day closed at $ 3.92 . Company price to sales ratio in past twelve months was calculated as 1.18 and price to cash ratio as 0.59. National Bank of Greece (ADR) (NYSE:NBG) showed a negative weekly performance of -2.73%.
J. P. Morgan Chase & Co. (NYSE:JPM) Asset Management is announcing a major upgrade to Target Date CompassSM, the groundbreaking tool that advisors use to help plan sponsors make informed target date fund selections. The new Target Date Compass has expanded analytics, a more intuitive design, simplified charts and a tablet-friendly interface. Together, these enhancements make Target Date Compass an even more indispensible resource for the timely, accurate and prudent analysis of the ever-changing target date fund universe. JPMorgan Chase & Co. (NYSE:JPM) shares fell -0.25% in last trading session and ended the day on $55.58. JPM return on equity ratio is recorded as 10.80% and its return on assets is 0.90%. JPMorgan Chase & Co. (NYSE:JPM) yearly performance is 18.81%.
SunTrust Banks, Inc. (NYSE:STI)‘s stock had its “overweight” rating restated by stock analysts at JPMorgan Chase & Co. in a report issued on Tuesday, Analyst Ratings Network.com reports. They currently have a $43.00 price target on the stock. SunTrust Banks, Inc. (NYSE:STI) shares moved up 0.95% in last trading session and was closed at $38.32 while trading in range of $38.02 – $38.84 – SunTrust Banks, Inc. (NYSE:STI) year to date (YTD) performance is 4.39%.
Mitsubishi UFJ Financial Group, Inc. (ADR) (NYSE:MTU) one of the world’s largest and most diversified financial groups with total assets of ¥258 trillion, or approximately $2.55 trillion, as of December 31, 2013, announced that effective July 1, 2014, it will integrate The Bank of Tokyo-Mitsubishi UFJ (BTMU) U.S. branch banking operations with the operations of Union Bank, N.A., and manage the combined U.S. banking operations under the new name MUFG Union Bank, N.A. All of BTMU’s Americas banking activities, including the newly unified U.S. organization, will be overseen by UnionBanCal Corporation, which will be renamed MUFG Americas Holdings Corporation. Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU) weekly performance is 3.38%. On last trading day company shares ended up $5.51. Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU) distance from 50-day simple moving average (SMA50) is -0.75%. Analysts mean target price for the company is $6.95.