35 min ago
Hudson's Bay Company Announces Release Date for First Quarter Results
Hudson's Bay Company announced today that it will release its financial statements for the fiscal quarter ended May 4, 2013 on June 12, 2013.
Tue May 21, 2013
Wall Street Journal
HSBC's Thornton Stepping Down
PLC said Monday that John Thornton, a director who played a pivotal role in a 2010 power struggle at the bank, will step down this month to spend more time on other business interests.
Mon May 20, 2013
HSBC Chairman: Premature to Review UK Domicile
HSBC Holdings PLC Chairman Douglas Flint said Monday that it's premature to review its decision to be based in London before global regulations are settled.
HSBC: John Thornton to Resign Chairmanship Of HSBC North America
Banking and financial services provider HSBC Holdings PLC , said Monday that John L. Thornton has decided not to seek re-election to the board of HSBC at the Annual General Meeting on May 24, and to resign his Chairmanship of HSBC North America Holdings Inc.
South China Morning Post
For HSBC, the first love is apparently not the deepest
Bank of Shanghai may have been HSBC's original mainland partner, but Stuart Gulliver seems happy to snub it for a more recent tie-up George Chen is currently the financial services editor at the South China Morning Post.
Fri May 17, 2013
HSBC Given Hold Rating at Numis Securities Ltd
HSBC traded up 0.75% on Wednesday, hitting $57.57. HSBC has a 1-year low of $38.56 and a 1-year high of $57.59. The stock's 50-day moving average is currently $54.06. The company has a market cap of $215.1 billion and a price-to-earnings ratio of 11.98. The company also recently announced a quarterly dividend, which is scheduled for Thursday, July ... (more)
Thu May 16, 2013
HSBC to axe 14,000 jobs in global cost-cutting package
HSBC, the bank chaired by Glaswegian Douglas Flint, has unveiled plans for a further 14,000 job losses in a new cost-cutting drive aimed at saving $2 billion to $3bn a year.
Glencore ejects Sir John Bond and brings in ousted BP boss Tony Hayward as interim chairman
Sir John Bond was today ejected as chairman of FTSE 100 mining giant Glencore Xstrata, only minutes before he was due to run its first annual meeting following the $67 billion merger.
Wed May 15, 2013
The Globe and Mail
HSBC's job cuts make bank leaner, not better
ROB Insight is The Globe and Mail's exclusive feature led by a team of award-winning editors and writers who provide you with in-depth analysis on breaking business news and the issues that matter most.
The Globe and Mail
HSBC eyes 14,000 more job cuts in drive to slash costs
The logo of HSBC bank is seen at its office in the Canary Wharf business district of London April 1, 2013.
Tue May 14, 2013
HSBC Seeks to Cut Costs of up to $3 Billion by Streamlining
HSBC Holdings PLC said Wednesday it plans to further cut costs of US$2 billion to US$3 billion via streamlining processes and procedures by 2016.
HSBC Receives Conviction-Buy Rating from Goldman Sachs
's stock had its "conviction-buy" rating reiterated by investment analysts at Goldman Sachs in a note issued to investors on Tuesday, Stock Ratings Network.com reports.
HSBC May Sell Monaco Operations Following Unsolicited Expressions
Financial services company HSBC Holdings PLC Tuesday said it may sell HSBC Private Bank SA following recent unsolicited expressions of interest in the business.
Mon May 13, 2013
HSBC opens Dubai customer service unit
The unit is located within the Village Community Centre at Arabian Ranches, HSBC said.
HSBC Stock Rating Lowered by Ubs Ag
Several other analysts have also recently commented on the stock. Analysts at Nomura reiterated a "buy" rating on shares of HSBC in a research note to investors on Wednesday, May 8th.
Sun May 12, 2013
HSBC Could Announce More Layoffs -Report
HSBC Holdings PLC could announce more job cuts on Wednesday, when investors will be told that Chief Executive Stuart Gulliver will push ahead with plans to produce a leaner, more streamlined bank, U.K. daily The Independent reported on its website Sunday without citing specific sources.
Fri May 10, 2013
HSBC Receives "Buy" Rating from Nomura
HSBC opened at 56.52 on Wednesday. HSBC has a 52-week low of $38.56 and a 52-week high of $57.39. The stock's 50-day moving average is currently $53.54. The company has a market cap of $207.8 billion and a price-to-earnings ratio of 15.28. Other equities research analysts have also recently issued reports about the stock.
Wed May 08, 2013
HSBC Stock Rating Reaffirmed by Nomura
's stock had its "buy" rating reiterated by equities research analysts at Nomura in a research note issued to investors on Wednesday, Analyst Ratings Network reports.
RPT-Fitch: Growth in Asia-Pacific Supports HSBC's Q1 Results
Fitch Ratings says HSBC Holdings PLC's latest results highlight the benefits of its global operations.
Markets Buzz: Russian stocks to continue gains amid calm global backdrop
Russian floors saw slight growth at the start of Wednesday trading - investors expect the upward trend to continue later in the day, but estimate that foreign markets will mostly trade flat.