Citigroup Inc (C), NBG, HSBC Holdings (HSBC), Bank of America (BAC) and Barclays (BCS) are the Banking Stocks in Focus
The skyscraper Canary Wharf owned by Citigroup Inc (NYSE:C) is being given to a filming crew of BBC’s “The Choir”. As far as stock market for Citigroup Inc (NYSE:C) goes, its stock started off at $53.11; it went up as high as $53.59 during session’s trading; after dipping down by -0.25% the stock closed at a value of $52.92. Weekly performance of Citigroup Inc’s stock was 2.30%.
In Tuesday’s report JPMorgan Chase & Co. (JPM) analysts gave a rating of “Overweight” to Barclays PLC (ADR) (NYSE:BCS). The bank’s stock has a price objective of $5.11 given by JPMorgan Chase & Co. (JPM). Shares of Barclays PLC (ADR) (NYSE:BCS) ended at a value of $17.78 yesterday. Institutional ownership of the stock is 2.30% and BCS’s stock’s capital share has outstanding shares of 3.44 billion out of which 3.98 billion are being floated in the market.
The “Merrill Lynch Leverage Finance Conference” of Bank of America Corp (NYSE:BAC) will be attended by CFO Tim Trenary, CEO and President; the conference will be held on the 4th of December (Wednesday) at the Boca Raton Resort & Club. Volume share of Bank of America Corp (NYSE:BAC) on the last day of trading was 44.29 million whereas the stock’s average volume share is 97.82 million. Shares of Bank of America Corp (NYSE:BAC) started off at a value of $15.84 and went up as high as $15.92; after dipping down by -0.06% the stock closed at $15.82.
It is believed that for its first ever IPO Aviva Plc (AV/) and Haci Omer Sabanci Holding AS (SAHOL) paid Citigroup Inc. (C) and HSBC Holdings plc (ADR) (NYSE:HSBC); IPO will be for its pension unit and Turkish life insurance unit. A 0.20% jump was reported by HSBC Holdings plc (ADR) (NYSE:HSBC) on the 29th November and the stock ended at a value of $56.10. Stock’s range over 52 week was between $50.38 and $58.71. Market capitalization of HSBC Holdings plc (ADR) (NYSE:HSBC) stock is $208.99 billion. The volume share in the last session’s trading was 631,749.00. There are outstanding shares of 3.73 billion in its share capital.
A third quarter net loss was reported by National Bank of Greece (ADR) (NYSE:NBG); this was mainly because of bad loans provisions and failed merger costs last year. Shares of National Bank of Greece (ADR) (NYSE:NBG) went up as high as $6.29 and starting off at $5.93; after jumping up by 6.27% the stock ended at a value of $6.27; stock’s day range was between $5.90 and $6.29 and its market capitalization is marked at $15.03 billion whereas the volume share during the session was recorded at 6.61 million; stock’s average volume share is 5.51 million.