|Bid||13.1600 x 3100|
|Ask||13.1700 x 800|
|Day's Range||13.1500 - 13.4550|
|52 Week Range||13.1500 - 19.9800|
|Beta (3Y Monthly)||1.43|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.26 (1.94%)|
|1y Target Est||21.35|
Currently, 24 analysts are tracking Honeywell (HON), which is more than during the second quarter. The latest analyst consensus target price on Honeywell is ~$178.0, which implies a potential return of 11.6% over the closing price of $159.56. In the past three months, analysts have moved the target price from $173.65 to the current target price, which indicates analysts are bullish on the stock.
The Zurich-based company is receiving advice from Credit Suisse Group AG and Dyal Co. on a possible sale or spinoff of the unit, the people said, asking not to be identified because discussions are private. The board of the Swiss engineering company is likely to make a decision by the end of the year on whether to pursue a transaction, they said. Infrastructure funds, private equity firms and some Asian rivals could be interested in the asset, though some could be discouraged by the investment, financing or regulatory requirements, the people said.
“Of particular concern are China’s lack of currency transparency and the recent weakness in its currency,” Treasury Secretary Steven Mnuchin said in a statement. While Treasury said in the report that direct intervention by China’s central bank has recently been “limited,” the U.S. is “deeply disappointed” that the nation doesn’t disclose its foreign exchange intervention.
In the third quarter, 22 analysts are covering PPG Industries (PPG)—compared to 24 analysts in the previous quarter. Among the 22 analysts, 36% recommended a “buy,” while 64% recommended a “hold.” None of the analysts recommended a “sell.”
Uber may put forth an initial public offering early next year that values the ride-hailing business at as much as $120 billion, according to a media report. The Wall Street Journal said Tuesday that Uber Technologies Inc. received valuation proposals from Goldman Sachs and Morgan Stanley. There is no guarantee Uber will fetch that valuation, or go public soon.
The possible narrative of an operation gone wrong, reported by CNN, the New York Times and the Wall Street Journal, was being floated as U.S. Secretary of State Mike Pompeo arrived in Riyadh to discuss the disappearance of Khashoggi, a Saudi government critic last seen entering the kingdom’s consulate in Istanbul on Oct. 2. President Donald Trump said he couldn’t confirm that account, but has suggested a “rogue killer” might be to blame.
ZURICH (Reuters) - The chief executive of Swiss bank Credit Suisse (CSGN.S) will not attend a Saudi investment conference this month, a source familiar with the situation told Reuters on Tuesday. Tidjane ...
The chief executive of Swiss bank Credit Suisse will not attend a Saudi investment conference this month, a source familiar with the situation told Reuters on Tuesday. Tidjane Thiam had been scheduled ...
Credit Suisse Group AG CEO Tidjane Thiam is also not attending, a person familiar with the matter said. Standard Chartered Plc chief Bill Winters also pulled out, according to a spokesman for the emerging markets lender.
The Week Ahead After the Wild Week Behind After a wild week on Wall Street last week, let’s sit back, relax, and see what’s on tap for this week on the economic calendar. Of note, Monday begins with retail sales. Tuesday has a somewhat obscure datum, that of foreign buying of T-bonds. This is usually […] The post Market Morning: Wild Week Behind Us, Wild Week Ahead? And A Saudi Pickle appeared first on Market Exclusive.
Two initiatives from the government of Switzerland (Aaa stable) have the potential to fundamentally change the structure of the Swiss mortgage market, Moody's Investors Service says in a report published today. The Swiss government is considering ending a tax deduction on mortgage interest for owner-occupiers and a related tax on imputed rental values. In addition, it is also proposing to partially privatise state-owned PostFinance, the financial services arm of Swiss Post, and give it a full banking licence.
LONDON/ZURICH, Oct 10 (Reuters) - Swiss trainmaker Stadler has hired big Swiss banks UBS and Credit Suisse as global coordinators to help prepare an initial public offering, an option long considered by billionaire owner Peter Spuhler, two people close to the matter told Reuters. Citi and Zuercher Kantonalbank were expected to be mandated as bookrunners. "An IPO is one option.
The owner, listed as two companies based in Guernsey, paid 160 million pounds ($209 million) for the apartment in the luxury complex near Harrods department store and adjoining the Mandarin Oriental hotel. The amount of the loan is not disclosed in the filing to the Land Registry, which names the bank.
NEW YORK, Oct. 9, 2018 /PRNewswire/ -- Commodities rose in September amid Venezuelan crude oil production shortfalls and reduced Iran exports due to upcoming US sanctions, while the demand for crude oil and petroleum products remained strong. The Bloomberg Commodity Index Total Return was higher for the month, with 14 out of 22 constituents posting gains. Energy increased 5.19% as Iranian crude oil export demand continued to decline ahead of the re-introduction of US sanctions.
Badr will become a managing director and be responsible for boosting the Zurich-based lender’s equity operations in the Middle East and North Africa, according to two people with knowledge of his move. The Saudi Arabian equities market will be his biggest priority, according to one of the people. Renaissance confirmed that Badr is leaving the company, without giving details.
Moody's Investors Service upgraded three and affirmed eight classes of Credit Suisse First Boston Mortgage Securities Corp., Commercial Mortgage Pass-Through Certificates, Series 2006-OMA. Moody's rating ...
Integration of the messaging service is likely to help Credit Suisse (CS) better solve customer queries and ease communication.
NEW YORK , Oct. 3, 2018 /PRNewswire/ -- On October 1, 2018 , Credit Suisse declared a Coupon Amount for the Credit Suisse S&P MLP Index ETN (the "ETN"). ETN Ticker ETN Name Ex-Date Record Date ...
NEW YORK , Oct. 3, 2018 /PRNewswire/ -- On October 1, 2018 , Credit Suisse declared coupon payments for the following ETNs: ETN Ticker ETN Name Closing Indicative Value on 9/28/18 Ex-Date Record Date ...
Credit Suisse Group AG said it’s making it easier for wealthy clients in Singapore and Hong Kong to communicate with its private bankers by integrating Apple Business Chat into its digital platform. The Zurich-based bank’s clients will be able to use the Apple Inc. service to obtain information on their account balances and portfolios, or on the status of their transactions, the lender said in a statement on Tuesday. “Approximately 95 percent of our clients booked in Asia who access our digital private banking platform are users of iPhones or iPads, so they can now communicate with us anytime anywhere through their preferred chat channel,” Francois Monnet, head of private banking for North Asia, said in the statement.
On Thursday afternoon the SEC filed its securities-fraud lawsuit against him, seeking monetary damages and a bar on Musk serving as a director or officer of a public company. The obvious answer is that, on Thursday morning, only a few people knew about the discussions between Musk and the SEC. By Thursday afternoon, anyone interested in Tesla knew about the SEC’s case.
Credit Suisse (CS) to pay penalty of $10 million for misleading clients related to its retail execution services business, including through the company's dark pool.
Credit Suisse Group AG was fined $10 million on Friday by the U.S. Securities and Exchange Commission and New York Attorney General Barbara Underwood over its handling of retail customer orders, including through its dark pool. Both regulators said the Swiss bank's Retail Execution Services business, which closed in 2015, treated orders for which execution quality was not required to be publicly reported less favorably than orders subject to such reporting.