Stocks and Finance

HSBC

HSBC 10/24/2011

19:02 : Now's the time to buy Asian airlines, says HSBC aviation analyst Mark ... - Now's the time to buy Asian airlines, says HSBC aviation analyst Mark Webb. Airline share prices have absolutely collapsed over the past year on economic uncertainty and risk aversion. Counter-intuitively, this is traditionally the best time ...

Source : seekingalpha-com

10:26 : Oil Prices Spike on China Optimism - NEW YORK (TheStreet) -- Oil price gains were being fuelled by increased risk appetite Monday, as signs of a rebound in the Chinese manufacturing sector overrode signs of a recessionary Europe.#xD; #xD; #xD; West Texas Intermediate (WTI) light sweet crude ...

Source : thestreet-com

10:08 : China factory output picks up, no easing seen yet - Oct. 24 - Data from HSBC suggests factory activity picked up in China during October, pointing to resilient domestic demand. Citi's Johanna Chua says there will be no easing any time soon.

Source : reuters-com

10:07 : Flash Purchasing Manager Indexes in Europe and China Diverge a Bit - While the official data comes out in just over a week from now, we have initial reading on the Purchasing Managers Indexes in both China and Europe out overnight, and the score is mixed. The HSBC data out of China (which ...

Source : ibtimes-com

07:30 : China: HSBC PMI suggests improvement in growth - China’s HSBC manufacturing PMI in October improved from 49.9 to 51.1, suggesting that Chinese growth will improve in the current quarter. The details were also strong with both new orders and export orders improving markedly above 52 in October. ...

Source : fxstreet-com

06:53 : China Manufacturing Index Rebounds - The preliminary HSBC China Manufacturing Purchasing Managers Index, a gauge of nationwide manufacturing activity, rebounded strongly in October, showing expansion for the first time since June.

Source : wsj-com

05:06 : Flash PMI indicates expansion on rising orders, output - CHINA'S manufacturing activities may have rebounded into expansionary turf with a preliminary reading of the HSBC Purchasing Managers' Index jumping to a five-month high. The HSBC Flash PMI, the earliest available...

Source : shanghaidaily-com

02:51 : No Real News from Weekends EU Summit - Market Brief Asian equity markets are strongly higher today after China’s October HSBC flash PMI jumped to 51.1 from the final readings of 49.9 in August and 49.3 in July. In turn, the Hang Seng is up 4.29% on the day, and the Shanghai composite ...

Source : fxstreet-com

02:05 : HSBC China manufacturing PMI rises to a preliminary five-month high of ... - HSBC China manufacturing PMI rises to a preliminary five-month high of 51.1 in October from 49.9 in September, signalling a return to expansion. The manufacturing output sub-index climbs to 51.7 from 50.3. "All these data confirm ...

Source : seekingalpha-com

01:54 : China HSBC flash PMI rises back above 50 - Asian Market Update: Risk appetite returns with EU summit agreeing to points to address; China HSBC flash PMI rises back above 50 Economic Data - (CH) CHINA OCT HSBC FLASH MANUFACTURING PMI: 51.1 V 49.9 PRIOR ...

Source : fxstreet-com

00:32 : HSBC Flash China Manufacturing - The Chinese economy has released earlier today the figures for the HSBC Flash China Manufacturing (PMI) for October, where it showed an expansion by 51.1 compared with the prior contracted reading of 49.9.

Source : ibtimes-com

HSBC 10/23/2011

23:18 : HSBC flash PMI points to manufacturing upturn - BEIJING (Reuters) - China's vast manufacturing sector picked up moderately in October, snapping a three-month contraction and underscoring the resilience of the world's second-largest economy backed by robust domestic demand.

Source : reuters-com

HSBC 10/18/2011

18:45 : Trican Enters Into New $450 Million Revolving Credit Facility - CALGARY, ALBERTA--(Marketwire - Oct. 18, 2011) - Trican Well Service Ltd. (TSX:TCW) is pleased to announce that it has entered into a new $450 million four year extendible Revolving Credit Facility (the "New Facility") with a syndicate of banks led by ...

Source : marketwire-com

HSBC 10/17/2011

04:48 : FTSE 100: Lloyds Banking Group, RBS, Barclays and HSBC Share Price Up ... - Shares in British banks were up on the FTSE 100 in morning trading as investors appeared to be buoyed by the promise of decisive action on the eurozone debt crisis.

Source : ibtimes-com

HSBC 10/13/2011

06:52 : European recovery road map needed, says HSBC - Oct. 13 - HSBC Global Head of Fixed Income Research Steve Major and CEPS Director Daniel Gros discuss the multiple obstacles could scupper the plan to maximise the euro zone bailout fund.

Source : reuters-com

04:28 : TSYS renews deal with Capital One, could get HSBC accounts - Columbus, Ga.-based TSYS has signed a deal to continue processing services for Capital One, one of the company’s largest customers. The deals means Total System Services (NYSE: TSS) will continue to process the credit card ...

Source : bizjournals-com

HSBC 10/12/2011

16:53 : Emerging Markets Report: Emerging-market growth slows to 2-year low: HSBC - Slowing manufacturing production in the third quarter results in the weakest rate of growth in emerging markets since early 2009, according to new data from HSBC.

Source : marketwatch-com

04:56 : FTSE 100: Lloyds Banking Group and HSBC Shares Drop After Slovak No Vote - Shares in British banks were mixed on the FTSE 100 in morning trading after a surprise no vote from the Slovak parliament upset European Union plans to increase the size and power of the European Financial Stability Facility (EFSF).

Source : ibtimes-com

HSBC 10/11/2011

15:26 : HSBC cuts Egypt; upgrades Poland - HSBC cut its weighting on Egypt to "neutral" from "overweight," on increased political risks, and upgraded Poland to "overweight" from "underweight," on macroeconomic stability and valuation.

Source : ibtimes-com

HSBC 10/7/2011

14:41 : HSBC’s North America CEO steps down - The chief executive of HSBC North America Holdings Inc. is stepping down Nov. 1, just 15 months after assuming the job. Niall Booker, who first joined the bank in 1981, will be succeeded by Irene Dorner, president and CEO of HSBC ...

Source : bizjournals-com

11:35 : HSBC Shuffles North American Leadership - HSBC said Niall Booker is leaving his position as CEO of the bank's North American operations, with two senior executives set to take overall responsibility for the U.S. and Canada.

Source : wsj-com

HSBC 10/6/2011

07:09 : HSBC, Oman International Bank in merger talks - DUBAI (Reuters) - British bank HSBC Holdings and Oman International Bank are in discussions for a potential merger of HSBC'S Oman operations with the Gulf lender, OIB said on Thursday, without...

Source : reuters-com

HSBC 10/4/2011

20:15 : BRIC markets shine amid euro debt woes: HSBC AMC - BRIC markets shine amid euro debt woes: HSBC AMCThe sell-off in BRIC nations is a reflection of a huge risk aversion, because of problems in the developed world, says Phillip Poole.

Source : economictimes-indiatimes-com

03:22 : Arkema shares drop 8% after HSBC downgrade - LONDON (MarketWatch) -- Shares of Arkema dropped 8% to 38.44 euros a share in Paris trade on Tuesday after HSBC downgraded the chemical firm to neutral from overweight and lowered its price target to 52 euros from 86 euros. Market Pulse Stories ...

Source : marketwatch-com

HSBC 9/30/2011

09:05 : Global News - China's PMI Remains at 49.9, German Retail Sales Drop Most ... - A lot of news overnight as we head towards an extremely busy week ahead.1) First in China we have the private sector PMI reading from HSBC (I believe the government figure is released overnight tonight). It remained steady at slightly ...

Source : ibtimes-com

HSBC 9/29/2011

22:48 : September HSBC China PMI Steady Versus August - The final HSBC China Manufacturing Purchasing Managers Index, a gauge of nationwide manufacturing activity, was unchanged at 49.9 in September compared with 49.9 in August.

Source : wsj-com

22:28 : HSBC China PMI shows conditions flat from August - HONG KONG (MarketWatch) -- HSBC's China Manufacturing Purchasing Managers' Index was flat in September from its reading in August, indicating conditions remain marginally in contraction, though the result was stronger than the preliminary ...

Source : marketwatch-com

07:07 : Allianz, AXA among likely bidders for HSBC unit sale: source - HONG KONG (Reuters) - European insurers Allianz and AXA SA are among the potential bidders for HSBC Holdings Plc's sale of its general insurance business, which could fetch more than $1 billion,...

Source : reuters-com

HSBC 9/28/2011

22:06 : Allianz, AXA among likely bidders for HSBC unit - European insurers Allianz and AXA SA are among the potential bidders for HSBC Holdings Plc's sale of its general insurance business, which could fetch more than $1 billion, sources familiar with the matter told Reuters.

Source : ibtimes-com

02:33 : HSBC starts Petronet, IGL with 'neutral' - HSBC has initiated coverage of Petronet LNG and Indraprastha Gas Ltd with a "neutral" rating on fair valuation and limited downside risk going forward.

Source : economictimes-indiatimes-com