HBC

HBC Articles

These are some of the top pre-market analyst downgrades we have seen early this Friday morning: ABB (ABB) Cut to Neutral at Goldman Sachs. Barclays (BCS) Cut to Sell at RBS. Corn Products (CPO) Cut...
F N B Corporation (FNB) Predicts big loss. Down to $8.89 from 52-week high of $20.70. HSBC Hldgs (HBC) Concerns bank will take huge write-down. Drops to $41.04 from 52-week high of $88.15. Norfolk...
According to Reuters, Microsoft (MSFT) Windows 7 is "on schedule" and will begin testing with consumers. Reuters reports that Obama will lay out his case for stimulus package in a speech. Reuters...
According to Reuters, cities and states are facing shortfalls and potential defaults. Reuters reports that the US steel industry is starting a "buy America" campaign. Reuters reports that Fannie Mae...
According to MarketWatch, "Standard & Poor’s cut the credit rating or outlook of 12 major U.S. and European financial institutions Friday, saying the move reflected its view of the significant...
Markets in Asia were mixed The Nikkei fell .9% to 8,589. Toyota (TM) fell on word it might post a loss. The Hang Seng was down 1.9% to 15,208. HSBC (HBC) was off on worries about credit problems. The...
Despite all the capital the Treasury has put into large US banks, their stocks may be about to make new multi-year lows. While the housing market is still hurting their derivative holdings, consumer...
According to Reuters, retail sales will probably drop further after the holidays. Reuters reports that the shock waves of the Madoff scandal are spreading around the financial world. Reuters writes...
According to Reuters, there may be another bubble in commodities prices. Reuters reports that the recession is hurting Japan’s economic sentiment and China’s industrial output. Reuters writes...
Most markets in Asia fell. The Nikkei was off 5.3% to 8,239, Sony (SNE) dropped on concerns about holiday sales. The Hang Seng fell 6% to 13,097. HSBC (HBC) fell sharply. The Shanghai Composite was...
Markets in Asia were lower. The Nikkei fell 3% to 8,809. Canon fell on bad economic news from the US. The Hang Seng fell 4.8% to 14,042. HSBC (HBC) dropped almost 4%. The Shanghai Composite fell 1.7%...
According to Reuters, China announced an economic stimulus package of almost $600 billion. Reuters reports that AIG (AIG) is about to get a new bailout from the US government which will be worth $150...
Markets in Asia were mixed. The Nikkei fell 3.6% to 8,583. Shares in Toyota (TM) fell on a profit warning. The Hang Seng rose 3.3% to 14,238. HSBC (HBC) rose. The Shanghai Composite moved higher by...
These are some of the early analyst downgrades we are seeing from Wall Street this Friday morning with about two and a half hours until the open: Diamond Offshore (DO) Cut to Hold at Jefferies. Ensco...
Markets in Asia fell sharply. The Nikkei dropped 5% to 8,577. The Hang Seng fell 5.2% to 13,586. HSBC (HBC) and China Life (LFC) both dropped sharply. The Shanghai Composite was down 2% to 1,729....