42.81 -0.34 (-0.79%)
Pre-Market: 4:01AM EDT
|Bid||43.03 x 3000|
|Ask||0.00 x 4000|
|Day's Range||43.01 - 43.22|
|52 Week Range||38.23 - 50.77|
|Beta (3Y Monthly)||0.47|
|PE Ratio (TTM)||13.70|
|Forward Dividend & Yield||4.20 (10.35%)|
|1y Target Est||42.57|
“We’re in the early stages of that analysis,” Chief Executive Officer Adnan Chilwan said on a conference call on Tuesday. “There are a lot of synergies that we can see with an acquisition of Noor and should those synergies work, it would be beneficial” for the shareholders of both banks, he said. Dubai Islamic Bank held preliminary discussions with Noor Bank shareholders, people familiar with the matter said earlier this month.
According to the GuruFocus All-in-One Screener, the following companies have high dividend yields but performed poorly over the last 12 months. PepsiCo Inc.'s (PEP) dividend yield is 2.94% with a payout ratio of 41%. Over the last 52 weeks, the share price has risen 17.82%.
April 18 (Reuters) - HSBC Holdings PLC: * ANNOUNCES APPOINTMENT OF RICHARD GRAY AS GROUP COMPANY SECRETARY FROM 19 APRIL ON AN INTERIM BASIS * RICHARD GRAY REPLACING BEN MATHEWS WHO HAS RESIGNED WITH EFFECT ...
April 18 (Reuters) - Walmart Inc * HSBC, WALMART ANNOUNCED ROLL-OUT OF SUSTAINABLE SUPPLY CHAIN FINANCE PROGRAMME THAT PEGS SUPPLIER'S FINANCING RATE TO ITS SUSTAINABILITY PERFORMANCE Source text for Eikon: ...
HSBC and Walmart today announced the roll-out of a sustainable supply chain finance programme that pegs a supplier’s financing rate to its sustainability performance. This global programme allows Walmart’s suppliers who demonstrate progress in Walmart’s Project Gigaton or Sustainability Index Program to apply for improved financing from HSBC based on their sustainability ratings. Walmart’s Sustainability Index Program gathers and analyses information across a product’s life cycle, and was developed by The Sustainability Consortium (TSC), a global organisation dedicated to improving the sustainability of consumer products, to help Walmart benchmark suppliers and encourage continuous improvement.
“We are in an unusual position in this month’s FX Tactician, deciding for the first time not to introduce a new trade idea for the month ahead,’’ Daragh Maher, the bank’s U.S. head of currency strategy, wrote in a note to clients. The lack of movement in the markets means that implied three-month volatility for G7 currencies is running two standard deviations below its long-run average, according to an index from JPMorgan. The lack of gyrations bedevils traders taking a position on directional swings between pairs, and pushed influential investors to wager on continued tranquility to generate returns in a low-volatility environment.
According to studies, only 42.5% of employers consider students proficient in professionalism and work ethic. HSBC Bank USA (HSBC) announced today that it has donated $1 million to Virtual Enterprises International (VE), allowing the nonprofit to offer its acclaimed career readiness and youth entrepreneurship program to 30,000 students in classrooms across the United States over the next two years. The HSBC relationship with VE began in 1999 and has included more than $2.8 million to date, as well as hours of service by HSBC employee-volunteers visiting the classrooms and acting as judges for the Youth Business Summit.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of HSBC México, S.A. New York, April 15, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of HSBC México, S.A. and other ratings that are associated with the same analytical unit. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
HSBC has so far moved only a "tiny" number of jobs to Paris in order to deal with Brexit, Chief Executive John Flint said on Friday, in the bank's most detailed comments yet on its plans. The total number of jobs moved is likely fewer than 100 of as many as 1,000 the bank has said it could ultimately transfer, Flint told Reuters on the sidelines of the bank's annual shareholders' meeting in Birmingham. "I would imagine it's tens, I don't know exactly but it's a tiny number of people who have moved so far," Flint said.
An uptick in China's manufacturing activity and the highly anticipated U.S.-China trade deal have primarily been the reasons behind optimism around its economic growth.
April 12 (Reuters) - 0005.HK: * HSBC CEO JOHN FLINT SAYS BANK HAS ONLY MADE 'TINY' NUMBER OF BREXIT-RELATED JOB MOVES TO PARIS SO FAR * HSBC CFO EWEN STEVENSON SAYS RECENT UNCERTAINTY OVER BREXIT MEANS ...
HSBC Holdings PLC: * HSBC SHAREHOLDERS VOTE AGAINST RESOLUTION CALLING FOR END TO PENSION 'CLAWBACKS' Source text for Eikon: Further company coverage:
China’s more upbeat sales abroad are a tentative sign of resilience in the global economy amid further signs of trade tensions, though the data would have been heavily influenced by seasonal and price factors. The continued slump in imports though suggests a bumpy road ahead for the domestic economy as it seeks a rebound from a bruising few quarters. “We still expect the first quarter marks the low point with more stimulus to filter through,” said Patrick Bennett, head of macro strategy for Asia at Canadian Imperial Bank of Commerce in Hong Kong.
(Bloomberg) -- The bonds issued by Saudi Aramco in this week’s unprecedented offering sank for a second day, marking a quick sell-off that calls into question the depth of the deal’s $100 billion of investor orders.
What Moved the Stock Market on April 10?(Continued from Prior Part)Lyft versus UberOn Wednesday, the stock of American cab hailing company Lyft (LYFT) fell by nearly 8%. These losses came after Reuters reported that Lyft’s rival Uber Technologies
Is the Recent Rally in Apple Stock Overblown?(Continued from Prior Part)Apple’s investors This year began on a terrible note for Apple’s (AAPL) investors as its CEO, Tim Cook, made a downward revision to its fiscal 2019 first-quarter guidance in
DUBAI (Reuters) - HSBC has appointed Martin Tricaud as new regional chief executive officer for the Middle East, North Africa and Turkey, the bank said in a statement on Wednesday. He succeeds Georges ...
April 9 (Reuters) - Kelington Group Bhd: * UNIT CANCELLED PROJECT FINANCING AGREEMENT WITH MALAYSIA DEBT VENTURES FOR FACILITY OF UP TO A MAXIMUM PRINCIPAL SUM OF 25 MILLION RGT * UNIT RECEIVED AN OFFER ...
The bank has held preliminary discussions with Dubai-based Noor Bank’s shareholders, said the people, asking not to be identified because the information is private. “This would undoubtedly be good for Dubai Islamic Bank,’’ Chiro Ghosh, an analyst at Bahrain-based investment bank SICO BSC, said by phone. “Dubai Islamic Bank has reduced its dividend this year, so their capital position is much better.
After 21 years in Kansas City, Michael Viazzoli is leaving to take a job at one of the world's largest banks.
HSBC Bank USA, N.A., (HSBC), part of HSBC Group, one of the world’s largest banking and financial services organizations, today announced that it’s been selected as winner of the Consumer Banking Innovation Award by FinTech Breakthrough, an independent organization that recognizes the top companies, technologies and products in the global FinTech market. The award recognizes HSBC bank’s world-first deployment of Pepper ®, the engaging, social humanoid robot developed by SoftBank Robotics America, to revolutionize retail banking customer experience at its flagship branch in New York City.
Approval for majority-owned joint ventures by the Chinese regulator will help expansion of operations for both JPMorgan (JPM) and Nomura (NMR).
Wall Street banks are cutting their forecasts for Treasury yields and shelving calls for the Federal Reserve to hike interest rates this year amid signs of slowing economic growth. Goldman Sachs Group Inc. and JPMorgan Chase & Co. still forecast yields rising over this year, but by less than expected -- to 2.8 percent and 2.75 percent, respectively, from 2.44 percent now. Morgan Stanley now sees 10-year Treasury yields ending 2019 at 2.25 percent, down from 2.35 percent previously.