BEFORE THE BELL: US Stock Futures Rally On Strong Bank Earnings
2nd Aug 2010 10:28
By Polya Lesova U.S. stock futures rallied on Monday, buoyed by strong earnings reports from HSBC Holdings and BNP Paribas, as investors awaited manufacturing data and comments on the economy from the Federal Reserve chairman. Futures on the Dow Jones Industrial Average jumped 100 points to
Read moreOTP: Euro Medium-Term Note Program Unchanged For 2010
2nd Aug 2010 10:21
BUDAPEST (Dow Jones)--Hungary's largest bank OTP Bank Nyrt. (OTP.BU) said its EUR5 billion Euro medium-term note program will continue unchanged in 2010, in an annual stock-exchange filing Monday. Under the program, which was started in 2005, OTP may "from time to time" issue notes denominated i
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
2nd Aug 2010 10:17
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0917 GMT [Dow Jones] HSBC (HBC) shares +3.4% at 668p, shooting higher Monday following the company's 1H earnings, which sh
Read moreMARKET TALK: HSBC Shares Rise Post 1H Earnings
2nd Aug 2010 10:17
0917 GMT [Dow Jones] HSBC (HBC) shares +3.4% at 668p, shooting higher Monday following the company's 1H earnings, which show net profit doubled on lower impairment charges. "Today's numbers underline the overall strength of the bank, whilst the dramatic reduction in the loan impairment provision is
Read moreMARKET TALK: HSBC 1H Good, But Cost Increase A Concern - Execution
2nd Aug 2010 10:12
0912 GMT [Dow Jones] HSBC's (HBC) 1H results are positive, says Execution Noble analyst Joseph Dickerson, but the increase in costs should be taken with caution. Adds while investment banking profits are down, HSBC still did better than its peers in U.S. and Europe. Shares +3.2% at 667p. (patricia.k
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
2nd Aug 2010 10:12
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0912 GMT [Dow Jones] HSBC's (HBC) 1H results are positive, says Execution Noble analyst Joseph Dickerson, but the increase
Read moreUPDATE: HSBC 1H Net Profit Doubles To $6.76B On Lower Charges
2nd Aug 2010 10:05
(Adds detail and CEO comment.) By Patricia Kowsmann and Margot Patrick Of DOW JONES NEWSWIRES LONDON (Dow Jones)--HSBC Holdings PLC (HBC) said Monday that its net profit for the first half of the year doubled on lower impairment charges and a gain on the value its own debt. The U.K.-
Read moreHK Bourse: Overseas Regulatory Announcement From Hsbc Hldgs Plc
2nd Aug 2010 09:56
Following is the related link: http://www.hkexnews.hk/listedco/listconews/sehk/20100802/LTN20100802934.pdf Stock Code: 5 Source: Hong Kong Exchanges & Clearing (END) Dow Jones Newswires August 02, 2010 04:56 ET (08:56 GMT)
Read moreHK Bourse: Overseas Regulatory Announcement From Hsbc Hldgs Plc
2nd Aug 2010 09:49
For full details, please click on the following link: http://www.hkexnews.hk/listedco/listconews/sehk/20100802/LTN20100802918.pdf Source: Hong Kong Exchanges & Clearing (END) Dow Jones Newswires August 02, 2010 04:49 ET (08:49 GMT)
Read moreHSBC profits soar as bad debts decline
2nd Aug 2010 09:48
HSBC gave a signal that the banking sector may be returning to normality after the credit crisis as it posted interim profits that more than doubled on the back of a sharp reduction in bad debts. In the half year to June 30, the bank saw pre-tax profits jump to US$11.1bn (£7bn) from $5bn (£3.2bn)
Read moreHK Bourse: Overseas Regulatory Announcement From Hsbc Hldgs Plc
2nd Aug 2010 09:44
For full details, please click on the following link: http://www.hkexnews.hk/listedco/listconews/sehk/20100802/LTN20100802896.pdf Source: Hong Kong Exchanges & Clearing (END) Dow Jones Newswires August 02, 2010 04:44 ET (08:44 GMT)
Read moreHK Bourse: Overseas Regulatory Announcement From Hsbc Hldgs Plc
2nd Aug 2010 09:38
For full details, please click on the following link: http://www.hkexnews.hk/listedco/listconews/sehk/20100802/LTN20100802868.pdf Source: Hong Kong Exchanges & Clearing (END) Dow Jones Newswires August 02, 2010 04:38 ET (08:38 GMT)
Read moreHSBC 1H Net Profit $6.76B Vs $3.35B On Lower Impairments
2nd Aug 2010 09:32
By Patricia Kowsmann Of DOW JONES NEWSWIRES LONDON (Dow Jones)--HSBC Holdings PLC (HBC) said Monday that its net profit for the first half of the year doubled on lower impairment charges. The U.K.-based but Asia-focused bank reported a $6.76 billion net profit for the period, up from $3.
Read moreHK Bourse: Overseas Regulatory Announcement From Hsbc Hldgs Plc
2nd Aug 2010 09:25
For full details, please click on the following link: http://www.hkexnews.hk/listedco/listconews/sehk/20100802/LTN20100802775.pdf Source: Hong Kong Exchanges & Clearing (END) Dow Jones Newswires August 02, 2010 04:25 ET (08:25 GMT)
Read moreMARKET TALK: HSBC Rises After Interim Results; Income In Line
2nd Aug 2010 09:25
0825 GMT [Dow Jones] HSBC (HSBA.LN) +4.8% at 677p, rising further following the release of its interim results. Net income is bang in line with expectations says a trader, coming in at $6.8B. A massive improvement in impairments, coming in at $7.52B. The falling cost of risk is very positive, the
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