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HSBC Downgrades National-Oilwell To Neutral
Wednesday, October 8, 2014 - 8:34am | 55Read More...Analysts at HSBC downgraded National-Oilwell (NYSE: NOV) from Overweight to Neutral. The price target for National-Oilwell has been lowered from $89.22 to $80.00. National-Oilwell shares have gained 5.08% over the past 52 weeks, while the S&P 500 index has surged 16.83% in the same period....
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HSBC Upgrades Barrick Gold To Overweight
Thursday, September 25, 2014 - 8:01am | 58Read More...Analysts at HSBC upgraded Barrick Gold (NYSE: ABX) from Neutral to Overweight. The target price for Barrick Gold has been raised from $18 to $18.50. Barrick Gold shares have 17.27% over the past 52 weeks, while the S&P 500 index has gained 17.64% in the same period. Barrick Gold's shares...
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HSBC Initiates Abengoa Yield With Neutral
Tuesday, July 29, 2014 - 9:04am | 40Read More...Analysts at HSBC initiated coverage on shares of Abengoa Yield ADS (NASDAQ: ABY) with a Neutral rating. The target price for Abengoa Yield is set to $40. Abengoa Yield's shares closed at $39.34 yesterday.
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HSBC Initiates Freeport-McMoran With Overweight
Thursday, July 10, 2014 - 7:41am | 56Read More...Analysts at HSBC initiated coverage on Freeport-McMoran Copper & Gold (NYSE: FCX) with an “overweight” rating. The target price for Freeport-McMoran is set to $44. Freeport-McMoran shares have surged 41.45% the past 52 weeks, while the S&P 500 index has gained 18.82% in the same period....
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US Stock Futures Flat; All Eyes On Fed Minutes
Wednesday, July 9, 2014 - 7:40am | 422Read More...Pre-open movers US stock futures traded mostly flat in early pre-market trade. The Federal Open Market Committee will issue minutes of its latest meeting at 2:00 p.m. ET. Futures for the Dow Jones Industrial Average dropped 5 points to 16,855.00, while the Standard & Poor's 500 index futures...
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HSBC Upgrades Schlumberger To Overweight
Wednesday, July 9, 2014 - 6:54am | 56Read More...Analysts at HSBC upgraded Schlumberger NV (NYSE: SLB) from “neutral” to “overweight.” The target price for Schlumberger has been raised from $105 to $135. Schlumberger shares have surged 52.53% over the past 52 weeks, while the S&P 500 index has gained 18.85% in the same period. Schlumberger'...
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UPDATE: HSBC Upgrades Youku Tudou, Sees Limited Downside
Tuesday, May 27, 2014 - 12:23pm | 135Read More...In a note released Tuesday, HSBC has upgraded Youku Tudou (NYSE: YOKU) from Underweight to Neutral and reiterated its $22 price target. as the firm sees limited downside and a price that reflects the associated risks Looking at Yoku's first quarter results, HSBC says the company performed "roughly...
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UPDATE: HSBC Downgrades China Telcos
Friday, May 23, 2014 - 11:13am | 194Read More...HSBC downgraded China Unicom (NYSE: CHU), China Telecom (NYSE: CHA) and China Mobile Ltd (NYSE: CHL) to Underweight based on clear short-term earnings pain and uncertain long-term reform gains. HSBC analyst Tucker Grinnan states that the analyst's adjusted earnings are broadly in line with the...
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UPDATE: HSBC Downgrades STMicroelectronics NV
Thursday, May 22, 2014 - 9:43am | 169Read More...In a note issued Thursday, HSBC reported a Downgrade on STMicroelectronics NV (NYSE: STM) to an Underweight rating. HSBC analyst Christian Roth said, "While we give management credit for delivering on its cost-cutting road map we remain somewhat skeptical on the required top-line development and...
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Goldman Sachs And Others Still Face FHFA Suits
Tuesday, April 29, 2014 - 2:19pm | 632Read More...As headlines tout negotiations of a $13 billion mortgage settlement between Bank of America (NYSE: BAC) and JPMorgan Chase, it's important to remember other lawsuits are ongoing. Back in 2011, the Federal Housing Finance Agency sued 18 banks for securities fraud relating to mortgage backed...
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US Stock Futures Fall Ahead Of Consumer-Credit Data
Monday, April 7, 2014 - 8:21am | 454Read More...Pre-open movers US stock futures dropped in early pre-market trading, ahead of consumer-credit data. Data on consumer credit for February will be released at 3:00 p.m. ET. Futures for the Dow Jones Industrial Average tumbled 58 points to 16,298.00, while the Standard & Poor's 500 index futures...
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UPDATE: HSBC Downgrades AT&T
Tuesday, March 25, 2014 - 2:24pm | 128Read More...Shares of AT&T (NYSE: T) have moved higher 0.61 percent to $34.67 in Tuesday's session after HSBC downgraded the stock from Overweight to Neutral and lowered the price target from $39 to $35. Analyst Richard Dineen believes the industry's margins may contract from 6.8 percent growth in 2013 to...
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Market Wrap For December 6: Investors and Traders Cheer Today's Economic Data
Friday, December 6, 2013 - 5:52pm | 1657Read More...Investors had been anxiously and nervously waiting for today's job reports which could have sent major indices moving sharply in either direction. The November Nonfarm Payroll increased 203K, above consensus of 180K and above the previous reading of 200K. The Unemployment rate rang in at 7.0...
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Another Hedge Fund Manager Adds JC Penney
Tuesday, August 20, 2013 - 2:21pm | 353Read More...Following a trend of hedge funds adding JC Penney (NYSE: JCP) to their portfolios, Bloomberg reported that hedge fund manager Kyle Bass entered a long position in the company by buying their debt. This announcement came several hours before the company announced its earnings. Despite top and...
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Seven Dividend-Paying Financial Stocks Analysts Are Bullish On
Sunday, August 4, 2013 - 10:00am | 875Read More...Markets have been hitting new highs and the unemployment rate has ticked down. Despite the uncertainty about when the Fed's quantitative easing will end, the slowdown of the Chinese economy and the ongoing economic troubles in Europe, analysts are still optimistic about certain stocks. Here is a...







