MARKET TALK: HSBC +0.6%; HK$80 As N/T Cap - First Shanghai
26th Jul 2010 05:08
0408 GMT [Dow Jones] HSBC (0005.HK) +0.6% at HK$77.35, adding to 4.0% rise over past 4 sessions, supported by news it passed Europe-wide bank stress test. Linus Yip at First Shanghai says recent gains in HSBC may have partly factored in stress test result. Expects psychological HK$80 as strong cap n
Read moreMARKET TALK: HSBC May Rise; Passes EU Bank Stress Test
26th Jul 2010 01:39
0039 GMT [Dow Jones] HSBC (0005.HK) may rise if tracking its ADRs, which ended +1.0% at equivalent of HK$77.68, vs local close of HK$76.90 (ended +1.3% Friday), after it passed Europe-wide bank stress test. This suggests improvement in its balance sheet, but news slightly optimistic while sharp rall
Read moreDubai World $23.5B Debt Talks End, No Deal In View
25th Jul 2010 04:47
(This item was originally published Thursday.) By Oliver Klaus, Summer Said and Tahani Karrar-Lewsley Of ZAWYA DOW JONES DUBAI (Zawya Dow Jones)--A long awaited meeting between Dubai World and its creditors ended Thursday with little hope of an immediate agreement to restructure $23.5
Read moreDubai World $23.5B Debt Talks End, No Deal In View
24th Jul 2010 08:02
(This item was originally published Thursday.) By Oliver Klaus, Summer Said and Tahani Karrar-Lewsley Of ZAWYA DOW JONES DUBAI (Zawya Dow Jones)--A long awaited meeting between Dubai World and its creditors ended Thursday with little hope of an immediate agreement to restructure $23.5
Read more2nd UPDATE: UK Banks Pass Europe-Wide Stress Test
23rd Jul 2010 18:56
(Adds detail.) By Patricia Kowsmann Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K.'s four banks that underwent a Europe-wide stress test on their balance sheets have passed, the country's financial regulator said late Friday. Barclays PLC (BCS), HSBC Holdings PLC (HBC), Royal
Read moreUPDATE: UK Banks Pass Europe-Wide Stress Test
23rd Jul 2010 18:14
(Adds details.) By Patricia Kowsmann Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K.'s four banks that underwent a Europe-wide stress test on their balance sheets have passed, the country's financial regulator said late Friday. Barclays PLC (BCS), HSBC Holdings PLC (HBC), Royal
Read moreAT A GLANCE: Summary Of UK Bank Stress Test Results
23rd Jul 2010 17:53
LONDON (Dow Jones)--European authorities Friday released the results of stress tests on the 91 major banks in the region. The test, carried out by the European Union's Committee of European Banking Supervisors, examined the balance sheets of the banks, their compliance with capital rules and how
Read moreUK FSA: UK Banks Pass Europe-Wide Stress Test
23rd Jul 2010 17:48
By Patricia Kowsmann Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K.'s four banks that underwent a Europe-wide stress test on their balance sheets have passed, the country's financial regulator said late Friday. Barclays PLC (BCS), HSBC Holdings PLC (HBC), Royal Bank of Scotland Group P
Read moreLondon close: Flat finish for Footsie
23rd Jul 2010 16:58
The day that was not without excitement, but shares were little changed overall amid uncertainty ahead of European banking stress tests due after the close. The best performing blue-chip was chip designer ARM Holdings . It was already higher, helped by strong results from US tech giant Microsoft ov
Read moreFTSE 100 movers: Banks fall back
23rd Jul 2010 15:40
HSBC and Standard Chartered are among the shares pulling Footsie lower as the banks await European stress test results. TUI Travel, which was rising earlier this week on the back of bid speculation, is being hit by profit-taking. A study by Co-op Travel suggests travel companies are slashing price
Read moreLondon afternoon: KNOC ups Dana bid terms
23rd Jul 2010 14:36
Leading blue-chips continue to drift lower with investors happy to bank the week's profits ahead of the week-end and the announcement of the results of the European banking stress tests at 5:00pm today. Not surprisingly, banks feature prominently among the losers with Standard Chartered, HSBC and L
Read moreSector movers: Microsoft results lift ARM
23rd Jul 2010 12:43
The sharp rise in ARM's share price has given the technology hardware and equipment sector a lift. The chip designer, whose results are out next week, is given a boost by bumper figures from US tech giant Microsoft last night. Microsoft uses ARM's intellectual property and has recently signed a mul
Read moreLondon midday: Equities in wait and see mode
23rd Jul 2010 12:13
Investors are keeping their powder dry ahead of the release of the European bank stress tests after the close of business today. Stocks are easier on balance, despite signs that the UK economy is picking up. Gross domestic product grew by 1.1% during the quarter according the Office of National St
Read moreUK MARKET TALK ROUNDUP: SHARES LOSING
23rd Jul 2010 11:25
Stocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1025 GMT [Dow Jones] JPMorgan Cazenove raises Standard Chartered (STAN.LN) price target to 1920p from 1775p ahead of the 1
Read moreMARKET TALK: JPMorgan Raises Standard Chartered Price Target
23rd Jul 2010 11:25
1025 GMT [Dow Jones] JPMorgan Cazenove raises Standard Chartered (STAN.LN) price target to 1920p from 1775p ahead of the 1H '10 results on August 4. Lifts '10 EPS forecast to $1.89 from $1.72 and '11 to $2.30 from $2.17. Thinks Standard Chartered should continue to trade at a premium and so maintain
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