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	<title>Stock Blog Hub &#187; HSBC HLDGS PLC ADS</title>
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		<title>(PMI) U.S. Jobless Data Shows Decoupling</title>
		<link>http://www.stockbloghub.com/2012/04/09/pmi-u-s-jobless-data-shows-decoupling/96249</link>
		<comments>http://www.stockbloghub.com/2012/04/09/pmi-u-s-jobless-data-shows-decoupling/96249#comments</comments>
		<pubDate>Mon, 09 Apr 2012 18:05:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[DG]]></category>
		<category><![CDATA[Dollar General Corporation]]></category>
		<category><![CDATA[Economic Crises]]></category>
		<category><![CDATA[FDIC]]></category>
		<category><![CDATA[FDX]]></category>
		<category><![CDATA[FedEx Corporation]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[LULU]]></category>
		<category><![CDATA[Lululemon Athletica Inc]]></category>
		<category><![CDATA[PMI]]></category>
		<category><![CDATA[PMI Group Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=96249</guid>
		<description><![CDATA[This morning’s economic data is giving investors the clearest possible evidence of divergence in global economic growth outlook, with the U.S. economy decoupling from Europe and China. We have another better-than-expected read on Initial Jobless Claims in the U.S., while readings of the manufacturing sector in China and Europe show contraction. The surprise factor in the European slowdown is limited since that region is widely believed to be already in a recession, but I suspect that today’s soft Chinese manufacturing data will remain front and center and trump the favorable domestic labor market report. The preliminary Purchasing Managers Index (PMI) for March created by HSBC Bank (HBC) shows a slippage from last month’s level. The index dropped to 48.1 in March from February’s 49.6, both below the critical 50 level ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/09/pmi-u-s-jobless-data-shows-decoupling/96249/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) Goldman Sachs Group in Trouble Again</title>
		<link>http://www.stockbloghub.com/2012/04/05/gs-goldman-sachs-group-in-trouble-again/96264</link>
		<comments>http://www.stockbloghub.com/2012/04/05/gs-goldman-sachs-group-in-trouble-again/96264#comments</comments>
		<pubDate>Thu, 05 Apr 2012 17:49:14 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[M&T Bank Corporation]]></category>
		<category><![CDATA[MTB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=96264</guid>
		<description><![CDATA[According to Reuters, the federal judge in New York rescinded the bid filed by The Goldman Sachs Group Inc. (GS) regarding the dismissal of a lawsuit charged against the bank, accusing it of selling risky debts. The US District Judge, Victor Marrero, has ordered the plaintiff, Dodona I LLC, to pursue the proceedings over its claims against Goldman relating to the $2 billion offering of collateralized debt obligations (CDOs). Established in 2007, hedge fund Dodona filed a lawsuit against Goldman in the federal court in New York over Hudson Mezzanine Funding 2006-1 and 2006-2 CDOs. The securities offered to the investors, were residential mortgage-backed securities. CDOs typically repackage bonds and other assets into new securities. These are not traded on a public exchange, allowing firms like Goldman to generate fees ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/05/gs-goldman-sachs-group-in-trouble-again/96264/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) Federal Reserve to Fine Eight Other Banks for Foreclosure Mess</title>
		<link>http://www.stockbloghub.com/2012/03/22/gs-federal-reserve-to-fine-eight-other-banks-for-foreclosure-mess/96108</link>
		<comments>http://www.stockbloghub.com/2012/03/22/gs-federal-reserve-to-fine-eight-other-banks-for-foreclosure-mess/96108#comments</comments>
		<pubDate>Thu, 22 Mar 2012 16:05:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[MET]]></category>
		<category><![CDATA[MetLife Inc.]]></category>
		<category><![CDATA[PNC]]></category>
		<category><![CDATA[PNC Financial Services Group Inc]]></category>
		<category><![CDATA[STI]]></category>
		<category><![CDATA[SunTrust Banks Inc.]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=96108</guid>
		<description><![CDATA[After penalizing the country’s five largest mortgage servicers last month, the Federal Reserve now plans to fine eight other banks for foreclosure abuses. This was stated by Suzanne G. Killian, a senior associate director of the Fed, at a congressional hearing in Brooklyn. The banks that were held responsible for wrongly foreclosing homeowners’ properties include EverBank, The Goldman Sachs Group Inc. (GS), HSBC Holdings Plc (HBC), PNC Financial Services Group (PNC), MetLife Inc. (MET), OneWest Bank, SunTrust Banks (STI) and U.S. Bancorp (USB). However, the amounts of penalties have not been disclosed. The nation’s mortgage servicers were under the radar for the alleged used of ‘robo-signers’ ? employees who sign hundreds of documents a day without verifying decisive information like the previously outstanding amounts of borrowers. This was the main ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/22/gs-federal-reserve-to-fine-eight-other-banks-for-foreclosure-mess/96108/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EU) Foreign Banks Stock Update &#8211; March 2012 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2012/02/29/eu-foreign-banks-stock-update-march-2012-industry-outlook/93840</link>
		<comments>http://www.stockbloghub.com/2012/02/29/eu-foreign-banks-stock-update-march-2012-industry-outlook/93840#comments</comments>
		<pubDate>Thu, 01 Mar 2012 05:53:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[Banco de Chile]]></category>
		<category><![CDATA[Banco Latinoamericano de Exportaciones SA]]></category>
		<category><![CDATA[Banco Macro S.A.]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Banco Santander-Chile]]></category>
		<category><![CDATA[Bancolombia S.A.]]></category>
		<category><![CDATA[Bank of Montreal]]></category>
		<category><![CDATA[BAP]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[BBVA Banco Frances S.A.]]></category>
		<category><![CDATA[BCH]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[BFR]]></category>
		<category><![CDATA[BLX]]></category>
		<category><![CDATA[BMA]]></category>
		<category><![CDATA[BMO]]></category>
		<category><![CDATA[BNS]]></category>
		<category><![CDATA[Canadian Imperial Bank of Commerce]]></category>
		<category><![CDATA[CIB]]></category>
		<category><![CDATA[CM]]></category>
		<category><![CDATA[Credicorp Limited]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>
		<category><![CDATA[Itau Unibanco Holding Sa]]></category>
		<category><![CDATA[ITUB]]></category>
		<category><![CDATA[KB]]></category>
		<category><![CDATA[Kookmin Bank]]></category>
		<category><![CDATA[Lloyds Banking Group plc]]></category>
		<category><![CDATA[LYG]]></category>
		<category><![CDATA[MFG]]></category>
		<category><![CDATA[Mitsubishi UFJ Financial Group Inc]]></category>
		<category><![CDATA[Mizuho Financial Group Inc.]]></category>
		<category><![CDATA[MTU]]></category>
		<category><![CDATA[National Bank of Greece SA]]></category>
		<category><![CDATA[NBG]]></category>
		<category><![CDATA[Royal Bank of Canada]]></category>
		<category><![CDATA[RY]]></category>
		<category><![CDATA[SAN]]></category>
		<category><![CDATA[SHG]]></category>
		<category><![CDATA[Shinhan Financial Group Company Limited]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[TD]]></category>
		<category><![CDATA[The Bank Of Nova Scotia]]></category>
		<category><![CDATA[Toronto-Dominion Bank]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[WBK]]></category>
		<category><![CDATA[Westpac Banking Corporation]]></category>
		<category><![CDATA[WisdomTree Dreyfus Euro]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=93840</guid>
		<description><![CDATA[Foreign banks have been facing difficulties non-stop since the latest financial crisis, which triggered off as a credit issue in the sub-prime enclave of the U.S. mortgage market in mid-2007, and spilled all over the globe. The latest deterrents –– nagging macroeconomic issues, the European sovereign debt crisis in particular, and regulatory pressure –– also resulted in the sector’s latest under-performance. Moreover, the upcoming quarters look even worse with several negatives like asset-quality troubles, weak revenue growth, steeper costs and weak loan demand. But thanks to the worldwide regulatory reform, the sector has at least entered a transformation phase. Needless to mention, a change is yet to be felt. The sector entered 2012 with a lot less momentum than anticipated. Rising concerns related to funding and limited access to market ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/29/eu-foreign-banks-stock-update-march-2012-industry-outlook/93840/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HBC) HSBC Holdings to Close Japanese Retail Unit</title>
		<link>http://www.stockbloghub.com/2012/02/24/hbc-hsbc-holdings-to-close-japanese-retail-unit/92527</link>
		<comments>http://www.stockbloghub.com/2012/02/24/hbc-hsbc-holdings-to-close-japanese-retail-unit/92527#comments</comments>
		<pubDate>Fri, 24 Feb 2012 18:21:05 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Capital One Financial Corporation]]></category>
		<category><![CDATA[COF]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[First Niagara Financial Group Inc]]></category>
		<category><![CDATA[FNFG]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=92527</guid>
		<description><![CDATA[As a part of its long-term strategy to revamp its operations to stabilize capital levels and improve efficiency, HSBC Holdings Plc (HBC) has decided to close its retail banking business in Japan. Earlier in May 2011, the CEO of the company had announced plans to reduce the operating expenses by $3.5 million by the end of 2013 through restructuring and contraction of its global business. HSBC will close six retail banking branches in Japan after four years of operations. The company announced that from February 23, 2012, it would stop accepting new deposits under its HSBC Premier Service from those clients who have more than ¥10 million ($124,549) in assets. Further, HSBC will discontinue selling new investment products from March 8 as well as cease its operations in Tokyo, Osaka ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/24/hbc-hsbc-holdings-to-close-japanese-retail-unit/92527/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(C) China Approves Citigroup&#8217;s Credit Card Business</title>
		<link>http://www.stockbloghub.com/2012/02/16/c-china-oks-citigroup-credit-card-business/91485</link>
		<comments>http://www.stockbloghub.com/2012/02/16/c-china-oks-citigroup-credit-card-business/91485#comments</comments>
		<pubDate>Thu, 16 Feb 2012 20:03:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=91485</guid>
		<description><![CDATA[Citigroup Inc. (C) will launch its own credit card business in China. Its Chinese subsidiary Citibank (China) Co. Ltd. has received approval from the China Banking Regulatory Commission. The company will launch both retail and commercial cards before the end of this year. This marks a landmark for Citigroup &#8211; the first U.S.-based bank to introduce its own credit card in China. Prior to 2008, foreign companies were only allowed to issue credit cards in collaboration with local companies. Regulators have been slow in approving foreign companies’ direct participation in this business and currently only Hong Kong-based Bank of East Asia is permitted to issue credit cards in mainland China. Citi currently has a co-branded credit card business in China with Shanghai Pudong Development Bank. This credit card venture started ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/16/c-china-oks-citigroup-credit-card-business/91485/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Class-Action Suit Against Bank of America</title>
		<link>http://www.stockbloghub.com/2012/02/08/bac-class-action-suit-against-bank-of-america/91448</link>
		<comments>http://www.stockbloghub.com/2012/02/08/bac-class-action-suit-against-bank-of-america/91448#comments</comments>
		<pubDate>Wed, 08 Feb 2012 18:06:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[M&T Bank Corporation]]></category>
		<category><![CDATA[MTB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=91448</guid>
		<description><![CDATA[Yesterday, the federal judge in Manhattan ordered Bank of America Corporation (BAC) to deal with a shareholders’ class-action lawsuit. The lawsuit accused BofA along with some of its senior managers and directors of misleading investors about the takeover of Merrill Lynch &#38; Co. as well as the amount of Merrill&#8217;s losses and bonus payouts in 2008. The shareholders of BofA filed a lawsuit against the company in federal court in Manhattan in 2009. They claimed that it has concealed information about bonuses to Merrill employees and also kept secret the financial losses suffered in the fourth quarter of 2008. The complaint lodged claims that BofA deceptively misrepresented the facts by providing materially misleading statements. Moreover, BofA was forced in January 2009 to take a second bailout from the federal Troubled ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/08/bac-class-action-suit-against-bank-of-america/91448/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JPM) JPMorgan Chase and HSBC Holdings Dragged to Court</title>
		<link>http://www.stockbloghub.com/2012/02/03/jpm-jpmorgan-chase-and-hsbc-holdings-dragged-to-court/91194</link>
		<comments>http://www.stockbloghub.com/2012/02/03/jpm-jpmorgan-chase-and-hsbc-holdings-dragged-to-court/91194#comments</comments>
		<pubDate>Fri, 03 Feb 2012 18:08:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[M&T Bank Corporation]]></category>
		<category><![CDATA[MTB]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=91194</guid>
		<description><![CDATA[On Tuesday, DZ Bank AG (DZBK), Germany’s largest co-operative lender, filed a lawsuit against JPMorgan Chase &#38; Co. (JPM) and HSBC Holdings Plc (HBC) for breaching representations and warranties. The complaint lodged claims that both companies have misrepresented documents related to the sale of over $85 million and $122 million, respectively, in residential mortgage-backed securities. DZ Bank alleged that JPMorgan and HSBC issued misleading statements with omissions related to the mortgage-backed securities and has concealed risks associated with these securities. The company claims that the documents used for offering the securities contained untrue statements or omissions about how risky the investments might be. Misinterpretation of these risks provoked investments, which have virtually no value at current levels. DZ Bank has filed lawsuit in the New York State Supreme Court in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/03/jpm-jpmorgan-chase-and-hsbc-holdings-dragged-to-court/91194/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(COF) Capital One Financial Misses Estimates on Higher Expenses</title>
		<link>http://www.stockbloghub.com/2012/01/20/cof-capital-one-financial-misses-estimates-on-higher-expenses/90557</link>
		<comments>http://www.stockbloghub.com/2012/01/20/cof-capital-one-financial-misses-estimates-on-higher-expenses/90557#comments</comments>
		<pubDate>Fri, 20 Jan 2012 20:13:17 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Credit Services]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Capital One Financial Corporation]]></category>
		<category><![CDATA[COF]]></category>
		<category><![CDATA[DFS]]></category>
		<category><![CDATA[Discover Financial Services]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[ING]]></category>
		<category><![CDATA[ING Groep NV]]></category>
		<category><![CDATA[NIM]]></category>
		<category><![CDATA[Nuveen Select Maturities Municipal Fund]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=90557</guid>
		<description><![CDATA[Capital One Financial Corp. (COF) reported fourth-quarter 2011 earnings from continuing operations of 89 cents per share, significantly below the Zacks Consensus Estimate of $1.53.  This also compares unfavorably with $1.88 earned in the prior quarter and $2.07 recorded in the year-ago quarter. For the full year, Capital One’s earnings per share from continuing operations was $7.03, up 5% from $6.68 in the prior year. However, earnings missed the Zacks Consensus Estimate of $7.55. The year-over-year results were adversely impacted by an increase in operating expenses and higher provision for loan and lease. However, these negatives were, to an extent, mitigated by higher revenues. Moreover, the company’s capital and profitability ratios showed improvement. Capital One’s net income from continuing operations for the quarter was $411 million, down 52% from $965 ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/20/cof-capital-one-financial-misses-estimates-on-higher-expenses/90557/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HBC) HSBC Holdings Plc &#8211; ADS &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/12/30/hbc-hsbc-holdings-plc-ads-bear-of-the-day-2/89450</link>
		<comments>http://www.stockbloghub.com/2011/12/30/hbc-hsbc-holdings-plc-ads-bear-of-the-day-2/89450#comments</comments>
		<pubDate>Fri, 30 Dec 2011 18:17:22 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=89450</guid>
		<description><![CDATA[We retain our Underperform recommendation on HSBC Holdings plc &#8211; ADS (HBC) with an Underperform recommendation. Our primary concern is the harsh impact from the deepening Eurozone crisis. Moreover, the company is suffering from weak revenue growth in its mature markets due to ongoing low interest rates and regulatory restrictions. The company&#8217;s cost containment measures will help it deal with economic pressures to a great extent. But we expect high inflation in some key Asian markets, slothful loan growth, insufficient core operating performance and high wage inflation to restrict the company&#8217;s growth, at least in the near term. Our six-month target price of $36.00 per ADS equates to about 8.5x our earnings estimate for fiscal 2011. This target price implies an expected negative total return of 9.0% over that period. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/30/hbc-hsbc-holdings-plc-ads-bear-of-the-day-2/89450/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PMI) European Central Bank Tries Quenching Thirsty Banks</title>
		<link>http://www.stockbloghub.com/2011/12/24/pmi-european-central-bank-tries-quenching-thirsty-banks/89159</link>
		<comments>http://www.stockbloghub.com/2011/12/24/pmi-european-central-bank-tries-quenching-thirsty-banks/89159#comments</comments>
		<pubDate>Sat, 24 Dec 2011 16:27:38 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[MCO]]></category>
		<category><![CDATA[Moody's Corporation]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[PMI]]></category>
		<category><![CDATA[PMI Group Inc.]]></category>
		<category><![CDATA[The Bank of New York Mellon Corporation]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=89159</guid>
		<description><![CDATA[The European Central Bank (ECB) has been overwhelmed by the rush for cheap three-year loans. The demand for these loans has far exceeded expectations &#8212; a fact that underscores the difficult times the banking system is going through. A system whose raw material is money has been facing severe liquidity constraints in the wake of the crisis in Europe. Given the scale of the crisis and debts maturing in 2012, the system could well do with a few more liquidity shots of this nature. According to the BBC, ECB advanced around 490 billion euro as opposed to 450 billion euro it had hoped would go off the counters. In its December Bulletin, the ECB had proposed a non-standard monetary measure of extending a 36-month refinancing line to euro-area banks in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/24/pmi-european-central-bank-tries-quenching-thirsty-banks/89159/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HBC) HSBC Holdings Plc &#8211; ADS &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/12/22/hbc-hsbc-holdings-plc-ads-bear-of-the-day/89086</link>
		<comments>http://www.stockbloghub.com/2011/12/22/hbc-hsbc-holdings-plc-ads-bear-of-the-day/89086#comments</comments>
		<pubDate>Thu, 22 Dec 2011 18:14:37 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=89086</guid>
		<description><![CDATA[We retain our Underperform recommendation on HSBC Holdings plc (HBC) with an Underperform recommendation. Our primary concern is the harsh impact from the deepening Eurozone crisis. Moreover, the company is suffering from weak revenue growth in its mature markets due to ongoing low interest rates and regulatory restrictions. The company&#8217;s cost containment measures will help it deal with economic pressures to a great extent. But we expect high inflation in some key Asian markets, slothful loan growth, insufficient core operating performance and high wage inflation to restrict the company&#8217;s growth, at least in the near term. Our six-month target price of $36.00 per ADS equates to about 8.5x our earnings estimate for fiscal 2011. This target price implies an expected negative total return of 9.0% over that period. This is ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/22/hbc-hsbc-holdings-plc-ads-bear-of-the-day/89086/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(IMF) International Monetary Fund Sees Risks Intensifying</title>
		<link>http://www.stockbloghub.com/2011/12/19/imf-international-monetary-fund-sees-risks-intensifying/88826</link>
		<comments>http://www.stockbloghub.com/2011/12/19/imf-international-monetary-fund-sees-risks-intensifying/88826#comments</comments>
		<pubDate>Mon, 19 Dec 2011 15:51:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Closed-End Fund - Debt]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Economic Crises]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IMF]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[MCO]]></category>
		<category><![CDATA[Moody's Corporation]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[The Bank of New York Mellon Corporation]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=88826</guid>
		<description><![CDATA[The International Monetary Fund (IMF) has sounded another caveat about the deepening global crisis. According to Christine Lagarde, IMF’s Managing Director, the crisis is unfolding, escalating and spreading across the world. She has even suggested that the world could see a re-run of the depression of the 1930s. The warning follows IMF’s indication earlier in the month that world growth forecast could be lowered, when the estimate is re-visited in January. The view is somewhat endorsed by the recent downward revision in the growth forecast of the Asian Development Bank (ADB) for Asia from 7.5% to 7.2% for 2012. IMF has pegged its estimate for global growth at 4% for 2012. The underlying sentiment across the world is downright bearish. Countries in Europe have been threatened with downgrades by Standard ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/19/imf-international-monetary-fund-sees-risks-intensifying/88826/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(IMF) IMF Eyes Lower Growth Forecast</title>
		<link>http://www.stockbloghub.com/2011/12/06/imf-imf-eyes-lower-growth-forecast/87972</link>
		<comments>http://www.stockbloghub.com/2011/12/06/imf-imf-eyes-lower-growth-forecast/87972#comments</comments>
		<pubDate>Tue, 06 Dec 2011 19:38:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Closed-End Fund - Debt]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BlackRock New York Municipal Income Trust]]></category>
		<category><![CDATA[BNY]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IMF]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87972</guid>
		<description><![CDATA[Come January 2012, the International Monetary Fund (IMF) will have to pare its growth forecast for the world. IMF’s September 2011 projections indicated a global growth of 4% for 2012 as opposed to over 5% in 2010. This announcement by the IMF does not come as a surprise. The financial turmoil and the deepening Eurozone crisis, largely responsible for sluggish global growth and weak investor confidence prompted the IMF to contemplate a recast. “The storm in the Euro area casts a long shadow over the entire global economy,” the IMF chief, Christine Lagarde said in one of her recent statements. In Eurozone, factory activity contracted the fastest in two years and so did British manufacturing. In China too, manufacturing activity was lower in November for the first time in three ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/06/imf-imf-eyes-lower-growth-forecast/87972/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HBC) Europe Withers, but the World Hopes</title>
		<link>http://www.stockbloghub.com/2011/11/30/hbc-europe-withers-but-the-world-hopes/87814</link>
		<comments>http://www.stockbloghub.com/2011/11/30/hbc-europe-withers-but-the-world-hopes/87814#comments</comments>
		<pubDate>Wed, 30 Nov 2011 20:11:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[CL]]></category>
		<category><![CDATA[Colgate-Palmolive Company]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[Wal-Mart Stores Inc.]]></category>
		<category><![CDATA[WMT]]></category>
		<category><![CDATA[WYNN]]></category>
		<category><![CDATA[Wynn Resorts Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87814</guid>
		<description><![CDATA[Charles Dickens’ classic ‘A Tale of Two Cities’ begins: &#8220;It was the best of times, it was the worst of times&#8230;&#8221; Isn’t the world going through similar moments of despair and hope? The world hoped and hoped that the economic crisis that started in 2008 will soon end for the better with bailout packages and strong government intervention. Instead we faced crises &#8212; a seemingly never-ending series, one feeding into another. It all started with the financial crisis in the U.S. that quickly spread across the Atlantic to Europe, and the Mediterranean ‘drift’ that grew into a torrent and consumed North Africa and Southern Europe. The environment was created by poor governance, spendthrift ways, economic stagnation and high leverage – a heady cocktail that ousted governments, and created unstable markets ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/30/hbc-europe-withers-but-the-world-hopes/87814/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Standard &amp; Poor&#8217;s Downgrades Giant Wall Street Banks</title>
		<link>http://www.stockbloghub.com/2011/11/30/bac-standard-poors-downgrades-giant-wall-street-banks/87818</link>
		<comments>http://www.stockbloghub.com/2011/11/30/bac-standard-poors-downgrades-giant-wall-street-banks/87818#comments</comments>
		<pubDate>Wed, 30 Nov 2011 20:09:48 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[Economic Crises]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[ING]]></category>
		<category><![CDATA[ING Groep NV]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Lloyds Banking Group plc]]></category>
		<category><![CDATA[LYG]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87818</guid>
		<description><![CDATA[On Tuesday, Standard &#38; Poor&#8217;s (S&#38;P) lowered its credit ratings for many U.S. and European banks. Out of 37 banks reviewed by S&#38;P, ratings for 15 were downgraded, ratings remained unchanged for 20 and the remaining 2 were awarded upgraded ratings. The banks whose ratings fell, included Wall Street giants – Bank of America Corporation (BAC), JPMorgan Chase &#38; Co. (JPM), Citigroup Inc. (C), Wells Fargo &#38; Company (WFC), The Goldman Sachs Group Inc. (GS) and Morgan Stanley (MS). Apart from these U.S. banks, the credit ratings of few European banks, such as Barclays Plc (BCS), Lloyds Banking Group Plc (LYG), HSBC Holdings Plc (HBC) and The Royal Bank of Scotland Group Plc (RBS) also downgraded. Ratings for these 15 banks were downgraded by one notch. However, S&#38;P did not ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/30/bac-standard-poors-downgrades-giant-wall-street-banks/87818/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(COF) Capital One-HSBC Credit Card Business Aquisition Deal Under Review</title>
		<link>http://www.stockbloghub.com/2011/11/28/cof-capital-one-hsbc-credit-card-business-aquisition-deal-under-review/87582</link>
		<comments>http://www.stockbloghub.com/2011/11/28/cof-capital-one-hsbc-credit-card-business-aquisition-deal-under-review/87582#comments</comments>
		<pubDate>Mon, 28 Nov 2011 16:10:24 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Credit Services]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Capital One Financial Corporation]]></category>
		<category><![CDATA[COF]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[ING]]></category>
		<category><![CDATA[ING Groep NV]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87582</guid>
		<description><![CDATA[Earlier this week, the Office of the Comptroller of the Currency (OCC) announced the recommencement of the comment period on Capital One Financial Corp.’s (COF) proposed deal to acquire HSBC Holdings Plc’s (HBC) U.S. credit-card business. This decision was taken following consumer and housing advocates’ opposition to the agreement. Though the original comment period on the deal ended on November 7, the OCC stated that now it would take public responses through December 19. This was decided after the National Community Reinvestment Coalition (NCRC) and other consumer groups asked the OCC to extend the comment period. Additionally, the NCRC and consumer group coalition is requesting for a public hearing of the Capital One-HSBC transaction. They want the public hearing to be held in at least five major cities, thereby allowing ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/28/cof-capital-one-hsbc-credit-card-business-aquisition-deal-under-review/87582/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HBC) HSBC Holdings to Divest Its Losango Unit</title>
		<link>http://www.stockbloghub.com/2011/11/02/hbc-hsbc-holdings-to-divest-its-losango-unit/86120</link>
		<comments>http://www.stockbloghub.com/2011/11/02/hbc-hsbc-holdings-to-divest-its-losango-unit/86120#comments</comments>
		<pubDate>Wed, 02 Nov 2011 21:05:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[Capital One Financial Corporation]]></category>
		<category><![CDATA[COF]]></category>
		<category><![CDATA[First Niagara Financial Group Inc]]></category>
		<category><![CDATA[FNFG]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[Itau Unibanco Holding Sa]]></category>
		<category><![CDATA[ITUB]]></category>
		<category><![CDATA[Lloyds Banking Group plc]]></category>
		<category><![CDATA[LYG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=86120</guid>
		<description><![CDATA[On Thursday, Financial Times reported that HSBC Holdings Plc (HBC) is planning to sell its Losango consumer finance unit in Brazil, in yet another attempt to shed its non-core assets and improve efficiency. Presently, HSBC’s Losango unit has nearly 20 million clients and controls about 20% of the market share in Brazil’s consumer loan segment. Hence, some of the local banks interested in acquiring the HSBC unit include Banco Bradesco S.A. (BBD), Itau Unibanco Holding S.A. (ITUB) and Banco Santander Brasil, the local unit of Spanish bank. HSBC had acquired Losango in 2003 as a part of the agreement to buy Lloyds Banking Group Plc’s (LYG) Brazilian assets. The company’s main strategy is to focus in more profitable areas in Brazil and South America that include investment and commercial banking ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/02/hbc-hsbc-holdings-to-divest-its-losango-unit/86120/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EU) Non-U.S. Banks Stock Update &#8211; November 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/11/01/eu-non-u-s-banks-stock-update-november-2011-industry-outlook/86280</link>
		<comments>http://www.stockbloghub.com/2011/11/01/eu-non-u-s-banks-stock-update-november-2011-industry-outlook/86280#comments</comments>
		<pubDate>Tue, 01 Nov 2011 18:08:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[Banco de Chile]]></category>
		<category><![CDATA[Banco Latinoamericano de Exportaciones SA]]></category>
		<category><![CDATA[Banco Macro S.A.]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Banco Santander-Chile]]></category>
		<category><![CDATA[Bancolombia S.A.]]></category>
		<category><![CDATA[Bank of Montreal]]></category>
		<category><![CDATA[BAP]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[BBVA Banco Frances S.A.]]></category>
		<category><![CDATA[BCH]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[BFR]]></category>
		<category><![CDATA[BLX]]></category>
		<category><![CDATA[BMA]]></category>
		<category><![CDATA[BMO]]></category>
		<category><![CDATA[BNS]]></category>
		<category><![CDATA[Canadian Imperial Bank of Commerce]]></category>
		<category><![CDATA[CIB]]></category>
		<category><![CDATA[CM]]></category>
		<category><![CDATA[Credicorp Limited]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[GGAL]]></category>
		<category><![CDATA[Grupo Financiero Galicia S.A.]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>
		<category><![CDATA[Itau Unibanco Holding Sa]]></category>
		<category><![CDATA[ITUB]]></category>
		<category><![CDATA[KB]]></category>
		<category><![CDATA[Kookmin Bank]]></category>
		<category><![CDATA[MFG]]></category>
		<category><![CDATA[Mitsubishi UFJ Financial Group Inc]]></category>
		<category><![CDATA[Mizuho Financial Group Inc.]]></category>
		<category><![CDATA[MTU]]></category>
		<category><![CDATA[National Bank of Greece SA]]></category>
		<category><![CDATA[NBG]]></category>
		<category><![CDATA[Royal Bank of Canada]]></category>
		<category><![CDATA[RY]]></category>
		<category><![CDATA[SAN]]></category>
		<category><![CDATA[Sauer-Danfoss Inc]]></category>
		<category><![CDATA[SHS]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[TD]]></category>
		<category><![CDATA[The Bank Of Nova Scotia]]></category>
		<category><![CDATA[Toronto-Dominion Bank]]></category>
		<category><![CDATA[WisdomTree Dreyfus Euro]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=86280</guid>
		<description><![CDATA[The global banking industry is still a sorry sight, and its near term looks even worse with several negatives like asset-quality troubles, weak revenue growth, steeper costs and weak loan demand. But thanks to the worldwide regulatory reform, the sector has at least entered a transformation phase. Needless to mention, a change has yet to be felt. Potential threats from a deeper European debt crisis and the uncertain outlook for the U.S. economy following the rating downgrades by Standard &#38; Poor’s (S&#38;P) were quite obvious and the sector entered the second half of 2011 with a lot less momentum than was anticipated. Though the growth potential of some non-U.S. banks could be subdued due to higher reserve requirements, increased property taxes and strict lending limits as part of the regulatory ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/01/eu-non-u-s-banks-stock-update-november-2011-industry-outlook/86280/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JPM) JPMorgan Chase &amp; Co Anticipates No Job Cuts</title>
		<link>http://www.stockbloghub.com/2011/09/11/jpm-jpmorgan-chase-co-anticipates-no-job-cuts/82737</link>
		<comments>http://www.stockbloghub.com/2011/09/11/jpm-jpmorgan-chase-co-anticipates-no-job-cuts/82737#comments</comments>
		<pubDate>Sun, 11 Sep 2011 19:43:06 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[State Street Corporation]]></category>
		<category><![CDATA[STT]]></category>
		<category><![CDATA[The Bank of New York Mellon Corporation]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=82737</guid>
		<description><![CDATA[On Tuesday, Reuters reported quoting Mr. Jes Stanley, JPMorgan Chase &#38; Co.’s (JPM) investment banking Chief Executive, that the company has no plans to retrench employees in the near future. During the first half of 2011, JPMorgan recorded compensation expenses of $15.8 million, up 6% from the corresponding prior-year period. However, Mr. Stanley stated that the company has been trying to manage expenditures by lowering other operating expenses rather than cutting jobs. This move is, however, in stark contrast to what the other peers of JPMorgan have been announcing recently. Several banks announced layoffs in July and August to tide over the ever increasing expenses. In order to improve operating efficiency, last month, UBS AG (UBS) declared 3,500 job cuts, Royal Bank of Scotland Group plc (RBS) announced  trimming of ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(BAC) Stock Market News for September 7, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/09/07/bac-stock-market-news-for-september-7-2011-market-news/82708</link>
		<comments>http://www.stockbloghub.com/2011/09/07/bac-stock-market-news-for-september-7-2011-market-news/82708#comments</comments>
		<pubDate>Wed, 07 Sep 2011 20:43:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=82708</guid>
		<description><![CDATA[European debt concerns sent stocks down for the third-straight day after investors returned from a long weekend. The benchmarks suffered their worst three-day start this month since October 2008. This was also the S&#38;P 500’s worst start in September in five decades. However, an encouraging report on the services sector soothed nerves somewhat and partially eroded the losses. As markets extended last week’s losses on Tuesday, the Dow Jones Industrial Average (DJIA) dropped 0.9% to settle at 11,139.30. The Standard &#38; Poor 500 looks to be on course for its worst quarterly loss since the last quarter of 2008, and it shed 0.7% to close at 1,165.24 yesterday. The Nasdaq Composite Index logged a 0.3% loss to finish the day at 2,473.83. The fear-gauge CBOE Volatility Index (VIX) had its ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(IBN) ICICI Bank Analyst Maintains Neutral Rating</title>
		<link>http://www.stockbloghub.com/2011/08/16/ibn-icici-bank-analyst-maintains-neutral-rating/81387</link>
		<comments>http://www.stockbloghub.com/2011/08/16/ibn-icici-bank-analyst-maintains-neutral-rating/81387#comments</comments>
		<pubDate>Tue, 16 Aug 2011 17:07:06 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>
		<category><![CDATA[STAN]]></category>
		<category><![CDATA[Standard Parking Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=81387</guid>
		<description><![CDATA[We are maintaining our Neutral recommendation on ICICI Bank Limited (IBN). Though we are concerned about ICICI’s highly competitive operating environment and below-average credit quality, we anticipate continued synergies from the company’s increased dependence on domestic loans, an almost stable funding base and market leadership in the insurance business. ICICI Bank’s fiscal first quarter 2012 (ended June 30, 2011) profit came in at INR13.32 billion (US$298 million), up 29.8% from INR10.26 billion (US$230 million) in the year-ago quarter. Improved results were primarily driven by higher net interest and fee incomes, and a substantial decline in loan loss provisions. However, higher operating expenses and lower other non-interest income were the headwinds. Asset quality continued to show signs of betterment and capital ratios remained strong during the quarter. Though ICICI still has ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/08/16/ibn-icici-bank-analyst-maintains-neutral-rating/81387/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BK) Bank of New York Mellon Plans 3% Layoff</title>
		<link>http://www.stockbloghub.com/2011/08/14/bk-bank-of-new-york-mellon-plans-3-layoff/81199</link>
		<comments>http://www.stockbloghub.com/2011/08/14/bk-bank-of-new-york-mellon-plans-3-layoff/81199#comments</comments>
		<pubDate>Sun, 14 Aug 2011 17:39:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[State Street Corporation]]></category>
		<category><![CDATA[STT]]></category>
		<category><![CDATA[The Bank of New York Mellon Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=81199</guid>
		<description><![CDATA[In order to improve profitability amid revenue headwinds due to a weak economy and stricter capital requirements by regulators, Bank of New York Mellon Corp (BK) announced a job cut plan on Wednesday. BNY Mellon is not the first to announce this measure; it has followed in the footsteps of many other large global banks. BNY Mellon said that it will cut about 1,500 jobs, which represents about 3% of its total workforce. The primary intention is to reduce expenses, which have been growing significantly. Though the company is also experiencing revenue growth, the rate of expense growth is higher. The bank has not yet finalized the categories of employees to be retrenched or the areas, but said that it would try to freeze hiring first to minimize job cuts. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/08/14/bk-bank-of-new-york-mellon-plans-3-layoff/81199/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BSX) Company News for July 29, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/07/29/bsx-company-news-for-july-29-2011-corporate-summary/80201</link>
		<comments>http://www.stockbloghub.com/2011/07/29/bsx-company-news-for-july-29-2011-corporate-summary/80201#comments</comments>
		<pubDate>Fri, 29 Jul 2011 19:36:15 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Healthcare]]></category>
		<category><![CDATA[Boston Scientific Corporation]]></category>
		<category><![CDATA[BSX]]></category>
		<category><![CDATA[Cisco Systems]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[CSCO]]></category>
		<category><![CDATA[DD]]></category>
		<category><![CDATA[EI DuPont de Nemours & Company]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HOT]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[ITC]]></category>
		<category><![CDATA[ITC Holdings Corporation]]></category>
		<category><![CDATA[LOGI]]></category>
		<category><![CDATA[Logitech International SA]]></category>
		<category><![CDATA[Starwood Hotels & Resorts Worldwide Inc]]></category>
		<category><![CDATA[TYC]]></category>
		<category><![CDATA[Tyco International Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=80201</guid>
		<description><![CDATA[•    Credit Suisse (NYSE:CS) announced that it will cut 2,000 jobs worldwide after the banking giant was hit by a decline in second quarter profits and an appreciating Swiss franc •    A report from Sky News said that banking major HSBC (NYSE:HBC) may soon axe 10,000 of its employees as part of a cost reduction exercise •    Tyco International (NYSE:TYC) posted Q3 EPS of $0.85, surpassing the Zacks Consensus Estimate of $0.72 per share. Revenue for the quarter rose 0.4% year-over-year to $4.29 billion, beating the Zacks Consensus Estimate of $4.222 billion •    Starwood Hotels (NYSE:HOT) posted Q2 EPS of $0.50, ex-items, exceeding the Zacks Consensus Estimate of $0.46 per share. Revenues for the quarter rose 10.6% year-over-year to $1.43 billion, higher than the Zacks Consensus Estimate of $1.406 billion ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(UBS) Non-U.S. Banks Stock Update &#8211; July 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/07/06/ubs-non-u-s-banks-stock-update-july-2011-industry-outlook/78469</link>
		<comments>http://www.stockbloghub.com/2011/07/06/ubs-non-u-s-banks-stock-update-july-2011-industry-outlook/78469#comments</comments>
		<pubDate>Wed, 06 Jul 2011 19:32:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[Banco de Chile]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Banco Santander-Chile]]></category>
		<category><![CDATA[Bank of Montreal]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[BCH]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[BMO]]></category>
		<category><![CDATA[BNS]]></category>
		<category><![CDATA[Canadian Imperial Bank of Commerce]]></category>
		<category><![CDATA[CM]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[GGAL]]></category>
		<category><![CDATA[Grupo Financiero Galicia S.A.]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>
		<category><![CDATA[Itau Unibanco Holding Sa]]></category>
		<category><![CDATA[ITUB]]></category>
		<category><![CDATA[KB]]></category>
		<category><![CDATA[Kookmin Bank]]></category>
		<category><![CDATA[Lloyds Banking Group plc]]></category>
		<category><![CDATA[LYG]]></category>
		<category><![CDATA[National Bank of Greece SA]]></category>
		<category><![CDATA[NBG]]></category>
		<category><![CDATA[Royal Bank of Canada]]></category>
		<category><![CDATA[RY]]></category>
		<category><![CDATA[SAN]]></category>
		<category><![CDATA[SHG]]></category>
		<category><![CDATA[Shinhan Financial Group Company Limited]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[TD]]></category>
		<category><![CDATA[The Bank Of Nova Scotia]]></category>
		<category><![CDATA[Toronto-Dominion Bank]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[WBK]]></category>
		<category><![CDATA[Westpac Banking Corporation]]></category>
		<category><![CDATA[WisdomTree Dreyfus Euro]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78469</guid>
		<description><![CDATA[Backed by worldwide regulatory reform, the global banking industry is currently going through a transformation phase. Though the growth potential of some non-U.S. banks could be subdued due to higher reserve requirements, increased property taxes and strict lending limits as part of the regulatory overhaul, greater transparency in regulation could strengthen the fundamentals of many banks. Moreover, it is expected to create a less risky lane for the overall industry. Since 2010, the banking sector has been recovering at a moderate pace from the latest financial crisis that started as a credit issue in the subprime enclave of the U.S. mortgage market in mid-2007 and spilled all over the globe. Though the malice spread by the financial crisis is behind us, banks are now dealing with regulatory pressure as they ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JPM) JPMorgan Chase and SEC Settlement Approved</title>
		<link>http://www.stockbloghub.com/2011/06/30/jpm-jpmorgan-chase-and-sec-settlement-approved/78048</link>
		<comments>http://www.stockbloghub.com/2011/06/30/jpm-jpmorgan-chase-and-sec-settlement-approved/78048#comments</comments>
		<pubDate>Thu, 30 Jun 2011 21:09:41 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78048</guid>
		<description><![CDATA[On Wednesday, JPMorgan Chase &#38; Co.’s (JPM) U.S. broker-dealer affiliate, J.P. Morgan Securities LLC, received court approval for paying $153.6 million to settle civil charges with the U.S. Securities and Exchange Commission (SEC). Last week, SEC had alleged the bank of misleading investors in a synthetic collateralized debt obligation (CDO) known as Squared CDO 2007-1 that was tied to the U.S. housing market. The investors suffered significant losses for investing in this product when the housing market collapsed. As part of its settlement, JPMorgan also consented to improve its reviews and approve its mortgage securities transactions. JPMorgan neither admitted nor denied the allegations but consented on settling the case. According to court’s approval, JPMorgan will pay a civil penalty of $133 million, $18.6 million repayment of its profits and $2 ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(JPM) Madoff Trustee Claims More From JPMorgan Chase</title>
		<link>http://www.stockbloghub.com/2011/06/29/jpm-madoff-trustee-claims-more-from-jpmorgan-chase/77590</link>
		<comments>http://www.stockbloghub.com/2011/06/29/jpm-madoff-trustee-claims-more-from-jpmorgan-chase/77590#comments</comments>
		<pubDate>Wed, 29 Jun 2011 17:06:12 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77590</guid>
		<description><![CDATA[Madoff Securities trustee, Mr. Irving Picard, in an amended lawsuit filed on Friday has claimed compensation of nearly $19 billion from JPMorgan Chase &#38; Co. (JPM) for its alleged role in the scam revolving around Bernard L. Madoff Investment Securities LLC. Earlier in December 2010, JPM, which was the primary banker to Madoff Securities, had been sued for $6.4 billion including $1 billion in transfer and claims. At that time, the company was accused of violating banking laws and defrauding federal regulators. Now in revised charges, the trustee alleges that JPM ignored various signals of fraudulence as billions of dollars were transferred from Madoff’s account to investors without any legitimate business purpose. The company neither notified the regulators of these shady transactions nor properly disclosed about the assets and liabilities. ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HBC) HSBC Holdings Saudi Arm to Join SABB Securities</title>
		<link>http://www.stockbloghub.com/2011/06/29/hbc-hsbc-holdings-saudi-arm-to-join-sabb-securities/77789</link>
		<comments>http://www.stockbloghub.com/2011/06/29/hbc-hsbc-holdings-saudi-arm-to-join-sabb-securities/77789#comments</comments>
		<pubDate>Wed, 29 Jun 2011 16:31:32 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Capital One Financial Corporation]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[COF]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77789</guid>
		<description><![CDATA[HSBC Holdings Plc (HBC) announced that its Saudi Arabian wholesale and investment banking unit, HSBC Saudi Arabia, would merge with SABB Securities Ltd., a wholly-owned brokerage and custody business unit of The Saudi British Bank. However, the company did not disclose the terms of the deal. HSBC will have a 49% stake in the new entity, which will be named HSBC Saudi Arabia Ltd. Although the remaining 51% stake will be held by SABB, HSBC will have a full management control of the new company. HSBC commented that that the new entity would be a full investment banking company and provide asset management, advisory and debt capital market activities. HSBC further stated that as of December 31, 2010, HSBC Saudi Arabia and SABB combined had total gross assets worth $188 ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BSX) Company News for June 27, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/06/27/bsx-company-news-for-june-27-2011-corporate-summary/77567</link>
		<comments>http://www.stockbloghub.com/2011/06/27/bsx-company-news-for-june-27-2011-corporate-summary/77567#comments</comments>
		<pubDate>Mon, 27 Jun 2011 18:45:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Healthcare]]></category>
		<category><![CDATA[Boston Scientific Corporation]]></category>
		<category><![CDATA[BSX]]></category>
		<category><![CDATA[CEG]]></category>
		<category><![CDATA[Constellation Energy Group Inc]]></category>
		<category><![CDATA[GOOG]]></category>
		<category><![CDATA[Google Inc.]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[Micron Technology Inc.]]></category>
		<category><![CDATA[MU]]></category>
		<category><![CDATA[Oracle Corporation]]></category>
		<category><![CDATA[ORCL]]></category>
		<category><![CDATA[PPL]]></category>
		<category><![CDATA[PPL Corporation]]></category>
		<category><![CDATA[Sears Holdings Corporation]]></category>
		<category><![CDATA[SHLD]]></category>
		<category><![CDATA[Southern Union Company]]></category>
		<category><![CDATA[SUG]]></category>
		<category><![CDATA[TIF]]></category>
		<category><![CDATA[Tiffany & Company]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[Williams Companies Inc.]]></category>
		<category><![CDATA[WMB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77567</guid>
		<description><![CDATA[•    Google Inc. (NASDAQ:GOOG) confirmed that it has received a formal notification from the U.S. Federal Trade Commission, which is investigating if Google’s search engine poses any threat for its peers •    Williams Companies, Inc. (NYSE:WMB) presented an all-cash buyout proposal to Southern Union Co. (NYSE:SUG) and valued the company at $4.9 billion, or $39 per share •    Oracle Corp.’s (NASDAQ:ORCL) shares dropped 4.1% after it reported disappointing hardware sales. However, it reported better-than-expected fourth-quarter earnings as robust top-line growth helped Oracle earn $0.71 per share in the quarter, beating the Zacks Consensus Estimate by $0.02 •    Micron Technology Inc. (NASDAQ:MU) reported adjusted third quarter 2011 earnings per share of $0.00, lower than the Zacks Consensus Estimate of $0.17 •    In a filing submitted to the SEC, Sears Holdings Corporation ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(HBC) HSBC Holdings Plc-Madoff Trustee Lawsuit</title>
		<link>http://www.stockbloghub.com/2011/06/26/hbc-hsbc-holdings-plc-madoff-trustee-lawsuit/77404</link>
		<comments>http://www.stockbloghub.com/2011/06/26/hbc-hsbc-holdings-plc-madoff-trustee-lawsuit/77404#comments</comments>
		<pubDate>Sun, 26 Jun 2011 17:41:53 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77404</guid>
		<description><![CDATA[HSBC Holdings Plc (HBC) will have to wait for about a month (July end) for the verdict whether the trustee of Bernard L. Madoff Investment Securities LLC can be allowed to proceed with a $9 billion lawsuit accusing the company of having enabled the huge fraud. In December last year, a lawsuit was filed against HSBC by the trustee of Madoff Securities, Mr. Irving Picard.  The company was accused of failure to conduct proper due diligence of Madoff Securities hedge fund, for which it was a custodian and provider of administrative services. It was also alleged that HSBC could not detect the warning signs and failed in its duty toward the funds and its investors. However, the company has denied all charges. On Thursday, HSBC lawyers had argued that Mr. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/26/hbc-hsbc-holdings-plc-madoff-trustee-lawsuit/77404/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(C) China to Allow Foreign Mutual Funds</title>
		<link>http://www.stockbloghub.com/2011/06/22/c-china-to-allow-foreign-mutual-funds/77196</link>
		<comments>http://www.stockbloghub.com/2011/06/22/c-china-to-allow-foreign-mutual-funds/77196#comments</comments>
		<pubDate>Thu, 23 Jun 2011 01:03:09 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77196</guid>
		<description><![CDATA[Foreign banks can distribute mutual funds in China from October 1, 2011, following a new rule from the China Securities Regulatory Commission. The move is expected to open up opportunities for companies such as Citigroup Inc. (C) and HSBC Holdings Plc. (HBC) in the Chinese market, according to a Reuters report. For long, China has administered conservatism with respect to its financial markets. However, in recent years, the financial industry is getting liberated. This new rule granting the foreign banks permission to sell mutual funds in their territory comes following the third round of the U.S.-China Strategic and Economic Dialogue. As per the new rule, companies need to have a minimum registered capital of CNY20 million, instead of CNY5 million required earlier and a minimum of 10 fund professionals would ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/22/c-china-to-allow-foreign-mutual-funds/77196/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(C) Citigroup to Buy Retail Assets in Russia</title>
		<link>http://www.stockbloghub.com/2011/06/16/c-citigroup-to-buy-retail-assets-in-russia/76443</link>
		<comments>http://www.stockbloghub.com/2011/06/16/c-citigroup-to-buy-retail-assets-in-russia/76443#comments</comments>
		<pubDate>Thu, 16 Jun 2011 14:35:15 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76443</guid>
		<description><![CDATA[Citigroup Inc. (C) is expanding its retail banking activities in Russia by acquiring a part of the Russian banking business of HSBC Holdings Plc. (HBC). The sale, which is expected to be completed in the third quarter of 2011, involves assets worth about $10.7 million. HSBC divestiture is part of its effort to concentrate on its commercial and wholesale banking operations. In this context, HSBC had announced the intention to close its retail and private-banking units in Russia in April. The expansion is a strategic fit for Citi, which is aiming to grow its business in international markets. The company’s core business unit, Citicorp, generated 62% of its revenues and 72% of its net income from its international operations in the first quarter of 2011. Recently, Citi also announced definitive ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/16/c-citigroup-to-buy-retail-assets-in-russia/76443/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BKH) Company News for June 13, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/06/13/bkh-company-news-for-june-13-2011-corporate-summary/76158</link>
		<comments>http://www.stockbloghub.com/2011/06/13/bkh-company-news-for-june-13-2011-corporate-summary/76158#comments</comments>
		<pubDate>Mon, 13 Jun 2011 16:17:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Electric Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[BKH]]></category>
		<category><![CDATA[Black Hills Corporation]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[FIO]]></category>
		<category><![CDATA[General Motors]]></category>
		<category><![CDATA[GM]]></category>
		<category><![CDATA[Goodyear Tire & Rubber Company]]></category>
		<category><![CDATA[GT]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[iShares FTSE NAREIT Industrl-Offc Cp Idx]]></category>
		<category><![CDATA[LULU]]></category>
		<category><![CDATA[Lululemon Athletica Inc]]></category>
		<category><![CDATA[Micron Technology Inc.]]></category>
		<category><![CDATA[MU]]></category>
		<category><![CDATA[Rockwell Automation Inc.]]></category>
		<category><![CDATA[ROK]]></category>
		<category><![CDATA[STI]]></category>
		<category><![CDATA[SunTrust Banks Inc.]]></category>
		<category><![CDATA[The Travelers Companies Inc.]]></category>
		<category><![CDATA[TRV]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76158</guid>
		<description><![CDATA[•    The Travelers Companies, Inc. (NYSE:TRV) announced it was slowing down its share-repurchase program as natural disasters caused a $1 billion loss to the company in April and May. •    Goodyear Tire &#38; Rubber Co. (NYSE:GT) has decided to sell its Asian wire business to Hyosung Corp., a South Korean company for $50 million •    Lululemon Athletica Inc. (NASDAQ:LULU) posted Earnings Per Share (EPS) of $0.46 for the first quarter ending May 2011 that surpassed the Zacks Consensus Estimate of $0.38 per share •    According to reports, Ally Financial, which was earlier the financial services arm of General Motors Company (NYSE:GM), will delay its $5 billion initial public offering •    Fusion-io Inc. (NYSE:FIO) raised $233.7 million through an initial public offering on its debut in public trading •    Wells Fargo ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/13/bkh-company-news-for-june-13-2011-corporate-summary/76158/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ALKS) Alkermesto Buy Elan Unit for $960 Million</title>
		<link>http://www.stockbloghub.com/2011/05/09/alks-alkermesto-buy-elan-unit-for-960-million/73637</link>
		<comments>http://www.stockbloghub.com/2011/05/09/alks-alkermesto-buy-elan-unit-for-960-million/73637#comments</comments>
		<pubDate>Mon, 09 May 2011 22:55:24 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Drug Delivery]]></category>
		<category><![CDATA[Healthcare]]></category>
		<category><![CDATA[ACOR]]></category>
		<category><![CDATA[Acorda Therapeutics Inc]]></category>
		<category><![CDATA[Alkermes Inc.]]></category>
		<category><![CDATA[ALKS]]></category>
		<category><![CDATA[BIIB]]></category>
		<category><![CDATA[Biogen Idec Inc]]></category>
		<category><![CDATA[Elan Corporation plc]]></category>
		<category><![CDATA[ELN]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73637</guid>
		<description><![CDATA[Recently, Alkermes, Inc. (ALKS) inked a deal with Elan Corporation (ELN) to buy the latter’s Elan Drug Technologies (EDT) segment. The EDT segment is the drug delivery unit of Elan. The merger, expected to close in the third quarter of calendar 2011, is worth approximately $960 million. The merged entity will be known as Alkermes plc and will be headquartered in Dublin, Ireland. The deal, expected to boost Alkermes’ cash earnings immediately following its closure, has been cleared by the board of directors of both companies. Morgan Stanley &#38; Co. (MS) and HSBC (HBC) have agreed to finance up to $450 million of the deal through term loans to Alkermes. Per the terms of the deal, Alkermes will make a cash payment of $500 million apart from giving Elan 31.9 ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/09/alks-alkermesto-buy-elan-unit-for-960-million/73637/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) Basel III Capital Standards Defined</title>
		<link>http://www.stockbloghub.com/2011/04/09/gs-basel-iii-capital-standards-defined/70954</link>
		<comments>http://www.stockbloghub.com/2011/04/09/gs-basel-iii-capital-standards-defined/70954#comments</comments>
		<pubDate>Sat, 09 Apr 2011 19:17:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=70954</guid>
		<description><![CDATA[Regulatory officials from more than two dozen countries are trying to exercise more flexibility in taking care of world’s biggest banks with its new set of capital standards, known as Basel III, Reuters reported on Wednesday. In 2010, global regulators had decided to adopt tougher measures for a fixed number of critical institutions to prevent the recurrence of a global financial crisis and restore public confidence. The flexibility will allow regulators to add or remove banks, which are conventionally very important, from the list of risky banks. What’s the Aim? Basically, the concerned regulators are trying to adopt a practical approach to make matters more smooth and measures more effective. Some banks from the Basel list may attain capital levels that are above the risk meter, but there might be ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/09/gs-basel-iii-capital-standards-defined/70954/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(XOM) Stock Market News for March 1, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/03/03/xom-stock-market-news-for-march-1-2011-market-news/67804</link>
		<comments>http://www.stockbloghub.com/2011/03/03/xom-stock-market-news-for-march-1-2011-market-news/67804#comments</comments>
		<pubDate>Thu, 03 Mar 2011 21:40:53 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[3M Company]]></category>
		<category><![CDATA[Amazon.com Inc]]></category>
		<category><![CDATA[AMZN]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CRM]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[First Solar Inc.]]></category>
		<category><![CDATA[FSLR]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[INTC]]></category>
		<category><![CDATA[Intel Corporation]]></category>
		<category><![CDATA[MEMC Electronic Materials Inc.]]></category>
		<category><![CDATA[Micron Technology Inc.]]></category>
		<category><![CDATA[MMM]]></category>
		<category><![CDATA[MU]]></category>
		<category><![CDATA[NVDA]]></category>
		<category><![CDATA[NVIDIA Corporation]]></category>
		<category><![CDATA[RIG]]></category>
		<category><![CDATA[Salesforce.com]]></category>
		<category><![CDATA[Transocean Limited]]></category>
		<category><![CDATA[WFR]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=67804</guid>
		<description><![CDATA[A reduction in inflated crude prices, optimistic comments from the President of the Federal Reserve Bank of New York and mixed economic data helped markets edge higher on Monday. Higher indices for the month also ensured a third-straight monthly gain, building on the positive momentum gained at the start of the year. On Monday, the fear gauge CBOE Volatility Index (VIX) slipped below 19 and indices edged ahead. The Dow Jones Industrial Average (DJIA) was up 0.8% and closed at 12,226.34. The Standard &#38; Poor 500 (S&#38;P 500) gained 0.6% to end at 1,327.22 and the Nasdaq finished the day at 2,782.27 with a 0.04% increase. For every two declining stocks on the New York Stock Exchange, three stocks moved higher and volumes stood at 1.2 billion shares. The Dow ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/03/03/xom-stock-market-news-for-march-1-2011-market-news/67804/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EU) Non-U.S. Banks Stock Update &#8211; February 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/02/15/eu-non-u-s-banks-stock-update-february-2011-industry-outlook/67033</link>
		<comments>http://www.stockbloghub.com/2011/02/15/eu-non-u-s-banks-stock-update-february-2011-industry-outlook/67033#comments</comments>
		<pubDate>Wed, 16 Feb 2011 02:26:06 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[Banco Latinoamericano de Exportaciones SA]]></category>
		<category><![CDATA[Banco Macro S.A.]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Banco Santander-Chile]]></category>
		<category><![CDATA[Bancolombia S.A.]]></category>
		<category><![CDATA[Bank of Montreal]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[BBVA Banco Frances S.A.]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[BFR]]></category>
		<category><![CDATA[BLX]]></category>
		<category><![CDATA[BMA]]></category>
		<category><![CDATA[BMO]]></category>
		<category><![CDATA[BNS]]></category>
		<category><![CDATA[Canadian Imperial Bank of Commerce]]></category>
		<category><![CDATA[CIB]]></category>
		<category><![CDATA[CM]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>
		<category><![CDATA[KB]]></category>
		<category><![CDATA[Kookmin Bank]]></category>
		<category><![CDATA[Mitsubishi UFJ Financial Group Inc]]></category>
		<category><![CDATA[MTU]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Canada]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[RY]]></category>
		<category><![CDATA[SAN]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[The Bank Of Nova Scotia]]></category>
		<category><![CDATA[WisdomTree Dreyfus Euro]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=67033</guid>
		<description><![CDATA[Aided by worldwide regulatory reform, the global banking industry has reached a phase of a transformation in 2011. Since 2010, the industry has been recovering at a moderate pace from the worst financial crisis in history that started as a credit issue in the subprime enclave of the U.S. mortgage market in mid-2007 and spilled over to every corner of the globe. Though the malice spread by the financial crisis is behind us, banks are now dealing with regulatory pressures now that they have been rescued by taxpayers&#8217; money and government intervention. While non-U.S. banks are still facing liquidity and confidence challenges, government intervention to alleviate industry concerns have significantly raised political hurdles in the sector over time. Politics will continue to influence lending decisions of banks until they repay ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/02/15/eu-non-u-s-banks-stock-update-february-2011-industry-outlook/67033/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AIG) Stock Market News for Jan 12, 2011  &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/01/13/aig-stock-market-news-for-jan-12-2011-market-news/65031</link>
		<comments>http://www.stockbloghub.com/2011/01/13/aig-stock-market-news-for-jan-12-2011-market-news/65031#comments</comments>
		<pubDate>Thu, 13 Jan 2011 18:09:28 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[American International Group Inc]]></category>
		<category><![CDATA[APOL]]></category>
		<category><![CDATA[Apollo Group Inc.]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Genworth Financial Inc.]]></category>
		<category><![CDATA[GNW]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[INTC]]></category>
		<category><![CDATA[Intel Corporation]]></category>
		<category><![CDATA[LEN]]></category>
		<category><![CDATA[Lennar Corporation]]></category>
		<category><![CDATA[MBI]]></category>
		<category><![CDATA[MBIA Inc.]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[NVDA]]></category>
		<category><![CDATA[NVIDIA Corporation]]></category>
		<category><![CDATA[SUPERVALU Inc.]]></category>
		<category><![CDATA[SVU]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=65031</guid>
		<description><![CDATA[Markets on Tuesday climbed modestly higher as the euro-zone debt crisis eased to lessen investors’ nervousness. Reports of a New York appeals court ruling in favor of MBIA Inc. and upbeat earnings results also helped indices break out of the red zone. Indices gained modestly as bond insurer MBIA Inc. (NYSE:MBI) won a major battle against twenty of the world’s biggest financial institutions, including Bank of America (NYSE:BAC), Citibank (NYSE:C), Morgan Stanley (NYSE:MS), HSBC (NYSE:HBC), and UBS (NYSE:UBS) among others. MBIA was battling this lawsuit over a restructuring plan. The company’s split in 2009 had been challenged through the lawsuit which claimed the split was fraudulent. The banks had argued that the split neglected policy holders’ interests and only favored holders of muni-insurance. MBIA shares jumped 10.3% and closed at ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/01/13/aig-stock-market-news-for-jan-12-2011-market-news/65031/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BIG) Company News for December 3, 2010 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2010/12/05/big-company-news-for-december-3-2010-corporate-summary/61231</link>
		<comments>http://www.stockbloghub.com/2010/12/05/big-company-news-for-december-3-2010-corporate-summary/61231#comments</comments>
		<pubDate>Sun, 05 Dec 2010 20:24:52 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Discount Variety Stores]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[BIG]]></category>
		<category><![CDATA[Big Lots Inc.]]></category>
		<category><![CDATA[BRCM]]></category>
		<category><![CDATA[Broadcom Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[CBS]]></category>
		<category><![CDATA[CBS Corporation]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[EBAY]]></category>
		<category><![CDATA[eBay Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GOOG]]></category>
		<category><![CDATA[Google Inc.]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[Marvell Technology Group Limited]]></category>
		<category><![CDATA[MRVL]]></category>
		<category><![CDATA[National Semiconductor Corporation]]></category>
		<category><![CDATA[NSM]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[Walter Energy Inc]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>
		<category><![CDATA[WLT]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=61231</guid>
		<description><![CDATA[• Walter Energy (NYSE:WLT) said it plans to acquire Canada&#8217;s Western Coal for $3.3 billion • Google (NASDAQ:GOOG) is reported to have signed a deal to pay $1.9 billion for a Manhattan city block • Citigroup (NYSE:C) downgraded eBay (NASDAQ:EBAY) from &#8220;buy&#8221; to &#8220;hold&#8221; • Big Lots (NYSE:BIG) reported third quarter earnings of $0.23, a one-cent miss, on inline revenues of $1.06 billion. The firm lowered guidance to a $2.75-$2.81 range • HSBC (NYSE:HBC) upgraded Banco Santander (NYSE:STD) from &#8220;neutral&#8221; to &#8220;overweight,&#8221; with a $12 price target • Wells Fargo (NYSE:WFC) downgraded Broadcom (NASDAQ:BRCM) from &#8220;outperform&#8221; to &#8220;market perform&#8221; • Goldman Sachs (NYSE:GS) downgraded Marvell Tech (NASDAQ:MRVL) from &#8220;buy&#8221; to &#8220;neutral,&#8221; with a $22 price target • FBR upgraded National Semiconductor (NYSE:NSM) from &#8220;market-perform&#8221; to &#8220;outperform,&#8221; taking the price target from $17.50 to $20 • UBS (NYSE:UBS) began coverage ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/12/05/big-company-news-for-december-3-2010-corporate-summary/61231/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Company News for December 1, 2010 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2010/12/01/bac-company-news-for-december-1-2010-corporate-summary/60987</link>
		<comments>http://www.stockbloghub.com/2010/12/01/bac-company-news-for-december-1-2010-corporate-summary/60987#comments</comments>
		<pubDate>Wed, 01 Dec 2010 19:39:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[American Express Company]]></category>
		<category><![CDATA[AXP]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Corning Inc]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Dendreon Corporation]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[DNDN]]></category>
		<category><![CDATA[EXPE]]></category>
		<category><![CDATA[Expedia Inc.]]></category>
		<category><![CDATA[GLW]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[JEF]]></category>
		<category><![CDATA[Jefferies Group Inc.]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[KR]]></category>
		<category><![CDATA[Kroger Company]]></category>
		<category><![CDATA[RLI]]></category>
		<category><![CDATA[RLI Corporation]]></category>
		<category><![CDATA[State Street Corporation]]></category>
		<category><![CDATA[STT]]></category>
		<category><![CDATA[TSN]]></category>
		<category><![CDATA[Tyson Foods Inc.]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=60987</guid>
		<description><![CDATA[• State Street (NYSE:STT) said it will lay off 1,400 jobs, or 5% of its workforce • RLI (NYSE:RLI) said it will pay a $7.00 per share special dividend • Bank of America (NYSE:BAC) initiated coverage of Dendreon (NASDAQ:DNDN) with a &#8220;buy&#8221; rating and a price target of $44 • Jefferies (NYSE:JEF) initiated coverage of Expedia (NASDAQ:EXPE) with a &#8220;buy&#8221; rating and a price target of $36 • Goldman Sachs (NYSE:GS) upgraded Tyson (NYSE:TSN) to &#8220;neutral&#8221; from &#8220;sell,&#8221; with a price target of $15 • UBS (NYSE:UBS) upgraded Kroger (NYSE:KR) to “buy” from &#8220;neutral&#8221; • JP Morgan (NYSE:JPM) upgraded Deutsche Bank (NYSE:DB) from &#8220;underweight&#8221; to &#8220;neutral&#8221; • HSBC (NYSE:HBC) started coverage of Corning (NYSE:GLW) with an &#8220;overweight&#8221; rating and a $23 price target • JP Morgan (NYSE:JPM) initiated coverage of American Express (NYSE:AXP) with an &#8220;overweight&#8221; rating and a ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EU) Non-U.S. Banks Stock Update &#8211; November 2010 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/11/16/eu-non-u-s-banks-stock-update-november-2010-industry-outlook/59617</link>
		<comments>http://www.stockbloghub.com/2010/11/16/eu-non-u-s-banks-stock-update-november-2010-industry-outlook/59617#comments</comments>
		<pubDate>Wed, 17 Nov 2010 02:22:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[Banco de Chile]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Banco Santander-Chile]]></category>
		<category><![CDATA[Bancolombia S.A.]]></category>
		<category><![CDATA[Bank of Montreal]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[BCH]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[BMO]]></category>
		<category><![CDATA[BNS]]></category>
		<category><![CDATA[Canadian Imperial Bank of Commerce]]></category>
		<category><![CDATA[CIB]]></category>
		<category><![CDATA[CM]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>
		<category><![CDATA[Itau Unibanco Holding Sa]]></category>
		<category><![CDATA[ITUB]]></category>
		<category><![CDATA[KB]]></category>
		<category><![CDATA[Kookmin Bank]]></category>
		<category><![CDATA[Mitsubishi UFJ Financial Group Inc]]></category>
		<category><![CDATA[MTU]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[SAN]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[TD]]></category>
		<category><![CDATA[The Bank Of Nova Scotia]]></category>
		<category><![CDATA[Toronto-Dominion Bank]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[WBK]]></category>
		<category><![CDATA[Westpac Banking Corporation]]></category>
		<category><![CDATA[WisdomTree Dreyfus Euro]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=59617</guid>
		<description><![CDATA[The global banking industry has been recovering at a slow pace from the worst financial crisis that started as a credit issue in the subprime segment of the U.S. mortgage market in mid-2007 and spilled over to Europe and other economies. Though the worst of the financial crisis is behind us, there remain major challenges following the intervention of governments to rescue and stabilize the global banking system. Although non-U.S. banks are still dealing with liquidity and confidence challenges, governments have taken several steps to alleviate the sector, as banks are the lifeblood of the economy. Consequently, political interference in the sector has increased significantly over time, which has added to existing financial risks. Politics will continue to influence the banks’ lending decisions until they repay the government money. According ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SIVR) Is Silver Set to Beat Out Gold?</title>
		<link>http://www.stockbloghub.com/2010/10/26/sivr-is-silver-set-to-beat-out-gold/56405</link>
		<comments>http://www.stockbloghub.com/2010/10/26/sivr-is-silver-set-to-beat-out-gold/56405#comments</comments>
		<pubDate>Tue, 26 Oct 2010 16:02:04 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[ETF]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Etfs Physical Silver Shares]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[PAAS]]></category>
		<category><![CDATA[Pan American Silver Corporation]]></category>
		<category><![CDATA[Silver Wheaton Corporation]]></category>
		<category><![CDATA[SIVR]]></category>
		<category><![CDATA[SLW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=56405</guid>
		<description><![CDATA[by Tony D’Altorio, Investment U Research Monday, October 25, 2010 Silver has served as a measure of value and currency for over 4,000 years. As early as around 600 B.C., citizens of Lydia used it for coins. But while hardly new, it’s still giving investors something to talk about these days. In the past month, silver has hit prices it hasn’t seen since the Hunt brothers tried to corner that market over three decades ago. Their attempts drove the commodity to nearly $50 an ounce in 1980. Today, just like back then, many individual investors are buying up what some call “poor man’s gold.” Gold may be capturing headlines and new record highs. But silver is shining too… enough to make many wonder whether its forward returns might just beat ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/10/26/sivr-is-silver-set-to-beat-out-gold/56405/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AIB) Allied Irish Banks Announces Sale of M&amp;T Bank Stake</title>
		<link>http://www.stockbloghub.com/2010/10/11/aib-allied-irish-banks-announces-sale-of-mt-bank-stake/54570</link>
		<comments>http://www.stockbloghub.com/2010/10/11/aib-allied-irish-banks-announces-sale-of-mt-bank-stake/54570#comments</comments>
		<pubDate>Mon, 11 Oct 2010 15:42:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[AIB]]></category>
		<category><![CDATA[Allied Irish Banks plc]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[M&T Bank Corporation]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[MTB]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[STD]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=54570</guid>
		<description><![CDATA[In an effort to generate sufficient capital, Allied Irish Banks plc (AIB) announced yesterday that it would sell its 22.4% shareholding in M&#38;T Bank Corporation (MTB). The sale involves a public offering of 26.7 million notes that are exchangeable for the shares of common stock of M&#38;T currently owned by it. The deal is subject to the approval of the shareholders of Allied Irish. The M&#38;T stake was acquired by Allied Irish in 2003 when it sold Allfirst Bank to M&#38;T. Morgan Stanley (MS) and Citigroup Global Markets Inc., an arm of Citigroup Inc. (C), are acting as underwriters and joint bookrunning managers for the offering. The financial crisis took its toll on Allied Irish Bank and the government came to its rescue. On September 30, 2010, the Irish government ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CBG) CB Richard Ellis Announces Offer of $350 Million in Senior Notes</title>
		<link>http://www.stockbloghub.com/2010/10/07/cbg-cb-richard-ellis-announces-offer-of-350-million-in-senior-notes/54239</link>
		<comments>http://www.stockbloghub.com/2010/10/07/cbg-cb-richard-ellis-announces-offer-of-350-million-in-senior-notes/54239#comments</comments>
		<pubDate>Thu, 07 Oct 2010 23:29:47 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property Management]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[CB Richard Ellis Group]]></category>
		<category><![CDATA[CBG]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=54239</guid>
		<description><![CDATA[CB Richard Ellis Group Inc. (CBG), the world’s largest commercial real estate services firm (on the basis of 2009 revenues), has recently announced an offer to sell 6.63% senior notes due 2020 worth $350 million. BofA Merrill Lynch, the investment banking and wealth management division of Bank of America Corporation (BAC); Credit Suisse Group (CS); HSBC Holdings plc (HBC); and Barclays plc (BCS) are acting as joint book-running managers for the offering. CB Richard Ellis expects to generate net proceeds of $342.3 million from the debt offer. The company intends to utilize the proceeds to repay a part of the total outstanding debt under its unsecured revolving credit facility. As of September 30, 2010, CB Richard Ellis had total outstanding debt of $1.5 billion under its existing credit agreement. The ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MTB) M&amp;T Bank and Banco Santander SA Deal Stalls Again &#8211; End near?</title>
		<link>http://www.stockbloghub.com/2010/10/03/mtb-mt-bank-and-banco-santander-sa-deal-stalls-again-end-near/52844</link>
		<comments>http://www.stockbloghub.com/2010/10/03/mtb-mt-bank-and-banco-santander-sa-deal-stalls-again-end-near/52844#comments</comments>
		<pubDate>Mon, 04 Oct 2010 05:28:37 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Regional - Northeast Banks]]></category>
		<category><![CDATA[AIB]]></category>
		<category><![CDATA[Allied Irish Banks plc]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[M&T Bank Corporation]]></category>
		<category><![CDATA[MTB]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[STD]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=52844</guid>
		<description><![CDATA[The M&#38;T Bank (MTB) and Banco Santander SA (STD) deal has stalled again, according to a Wall Street Journal report. The deal is said to be dead since the companies failed to reach a consensus on who will control the merged entity. The deal has been a matter of discussion for several months. Santander sought to merge Sovereign Bank, its U.S. unit, with M&#38;T Bank, buy Allied Irish Banks plc.’s (AIB) 22.5% stake in M&#38;T and take over the control of the merged entity while M&#38;T Bank intended to merge itself with Sovereign but retain its control. The deal therefore needed a compromise. The M&#38;T Bank regulators are said to be unenthusiastic about the deal as they fear that the merger with Sovereign would undermine the company’s operational efficiencies. While ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DB) Deutsche Bank AG Expects Third Quarter Earnings Loss</title>
		<link>http://www.stockbloghub.com/2010/09/23/db-deutsche-bank-ag-expects-third-quarter-earnings-loss/52554</link>
		<comments>http://www.stockbloghub.com/2010/09/23/db-deutsche-bank-ag-expects-third-quarter-earnings-loss/52554#comments</comments>
		<pubDate>Thu, 23 Sep 2010 15:10:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=52554</guid>
		<description><![CDATA[Deutsche Bank AG (DB) expects a loss in the third quarter of 2010. This is due to a €2.3 billion ($3 billion) charge from the revaluation of the company’s stake in Deutsche Postbank, which the company agreed to purchase in 2008. Weak market conditions during the third quarter have added to its woes. Deutsche Bank’s corporate-banking and securities business, which is generally a strong contributor of its revenue, has suffered seasonal reductions, threatening a fall in performance from the year-ago quarter levels. Additionally, the company’s asset and wealth management division has also worsened during the current year’s third quarter. These revelations came as the company filed a prospectus for its €10.2 billion share sale. Deutsche Bank intends to use this for bolstering capital levels in order to comply with regulatory ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MTB) M&amp;T Bank May Sell Majority Stake to Banco Santander SA</title>
		<link>http://www.stockbloghub.com/2010/09/21/mtb-mt-bank-may-sell-majority-stake-to-banco-santander-sa/52440</link>
		<comments>http://www.stockbloghub.com/2010/09/21/mtb-mt-bank-may-sell-majority-stake-to-banco-santander-sa/52440#comments</comments>
		<pubDate>Wed, 22 Sep 2010 03:12:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Regional - Northeast Banks]]></category>
		<category><![CDATA[AIB]]></category>
		<category><![CDATA[Allied Irish Banks plc]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[GE]]></category>
		<category><![CDATA[General Electric Company]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[M&T Bank Corporation]]></category>
		<category><![CDATA[MTB]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[STD]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=52440</guid>
		<description><![CDATA[M&#38;T Bank (MTB) may sell a majority stake to Banco Santander SA (STD), according to a Bloomberg report. The report also said that the banks are in consultation, though informally, with the Federal Reserve for sketching a deal. They expect to hear from Federal Reserve by the end of this month. Both M&#38;T Bank and Santander have been discussing the deal for several months. Santander seeks to merge Sovereign Bank, its U.S. unit, with M&#38;T Bank and take over the control of the entity while M&#38;T Bank intends to merge itself with Sovereign but retain its control. The deal therefore needs a compromise. It may be structured in such a way that Sovereign Bank gets merged with M&#38;T Bank while Santander initially starts with a minority stake in the combined ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BHP) Company News for September 17, 2010 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2010/09/17/bhp-company-news-for-september-17-2010-corporate-summary/52058</link>
		<comments>http://www.stockbloghub.com/2010/09/17/bhp-company-news-for-september-17-2010-corporate-summary/52058#comments</comments>
		<pubDate>Fri, 17 Sep 2010 17:30:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Industrial Metals & Minerals]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[Centurytel Inc.]]></category>
		<category><![CDATA[Crucell N.v.]]></category>
		<category><![CDATA[CRXL]]></category>
		<category><![CDATA[CTL]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IGT]]></category>
		<category><![CDATA[International Game Technology]]></category>
		<category><![CDATA[JEF]]></category>
		<category><![CDATA[Jefferies Group Inc.]]></category>
		<category><![CDATA[JNJ]]></category>
		<category><![CDATA[Johnson & Johnson]]></category>
		<category><![CDATA[Massey Energy Company]]></category>
		<category><![CDATA[MCD]]></category>
		<category><![CDATA[McDonald's Corporation]]></category>
		<category><![CDATA[MEE]]></category>
		<category><![CDATA[NBL]]></category>
		<category><![CDATA[Noble Energy Inc]]></category>
		<category><![CDATA[Q]]></category>
		<category><![CDATA[Qwest Communications International Inc]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=52058</guid>
		<description><![CDATA[• Johnson &#38; Johnson (NYSE:JNJ) is reportedly planning to buy its remaining stake in Dutch biopharmaceutical firm Crucell (NASDAQ:CRXL), in a deal valued at $2.29 billion • Goldman Sachs (NYSE:GS) upgraded CenturyLink (NYSE:CTL) to &#8220;buy&#8221; from &#8220;neutral&#8221; • Goldman Sachs (NYSE:GS) upgraded Qwest (NYSE:Q) to &#8220;buy&#8221; from &#8220;neutral,&#8221; taking the price target from $5.75 to $7.00 • UBS (NYSE:UBS) downgraded Noble Energy (NYSE:NBL) to &#8220;neutral&#8221; from &#8220;buy,&#8221; with a price target of $76 • Macquarie cut Massey Energy (NYSE:MEE) shares to &#8220;neutral&#8221; from &#8220;outperform&#8221; • HSBC (NYSE:HBC) downgraded BHP Billiton (NYSE:BHP) from &#8220;overweight&#8221; to &#8220;neutral,&#8221; setting a price target of $29.50 • Jefferies (NYSE:JEF) started coverage of McDonalds (NYSE:MCD) with a &#8220;hold&#8221; rating and a price target of $75 • Janney Montgomery downgraded International Game Technologies (NYSE:IGT) to &#8220;neutral&#8221; from &#8220;buy&#8221; Zacks Investment Research]]></description>
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		<title>(RBS) Royal Bank of Scotland Group Sells 318 Branches to Banco Santander</title>
		<link>http://www.stockbloghub.com/2010/08/09/rbs-royal-bank-of-scotland-group-sells-318-branches-to-banco-santander/47040</link>
		<comments>http://www.stockbloghub.com/2010/08/09/rbs-royal-bank-of-scotland-group-sells-318-branches-to-banco-santander/47040#comments</comments>
		<pubDate>Mon, 09 Aug 2010 14:36:09 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[STD]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=47040</guid>
		<description><![CDATA[Royal Bank of Scotland Group plc.(RBS) has announced that it is selling its 318 branches and associated assets and liabilities to Santander UK plc., the U.K. unit of Banco Santander SA (STD). The selling price is at a premium of GBP350 million to net assets at closing. This business’ implied equity is GBP1.3 billion. The amount is to be paid in cash and is subject to certain closing conditions such as the business’ performance. The deal is expected to be completed by the end of next year. The branches that RBS is selling include 311 RBS branded branches in England &#38; Wales and 7 NatWest branded branches in Scotland. As of December, this business had total assets of GBP21.5 billion, customer deposits of GBP22.4 billion and risk-weighted assets of GBP15.2 ]]></description>
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		<item>
		<title>(STD) Banco Santander SA on Acquisition Spree</title>
		<link>http://www.stockbloghub.com/2010/08/04/std-banco-santander-sa-on-acquisition-spree/46630</link>
		<comments>http://www.stockbloghub.com/2010/08/04/std-banco-santander-sa-on-acquisition-spree/46630#comments</comments>
		<pubDate>Wed, 04 Aug 2010 21:14:09 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[GE]]></category>
		<category><![CDATA[General Electric Company]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[M&T Bank Corporation]]></category>
		<category><![CDATA[MTB]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[STD]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=46630</guid>
		<description><![CDATA[Spain’s Banco Santander SA (STD) is on an acquisition spree. According to a report in Financial Times, the company has a number of acquisitions lined up in both the U.S. and the U.K. The Spanish banking giant is set to acquire 318 branches from the Royal Bank of Scotland Group plc (RBS) in the U.K. Additionally, the company is also planning to buy $4.3 billion of car loans from HSBC plc (HBC) in the U.S. Santander is also rumored to be in talks with M&#38;T Bank (MTB) to sign a deal for merging their U.S. operations. The financial crisis was a blessing in disguise for Santander, which has been busy acquiring assets for a cheaper price over the past two years. The company has added several businesses in the Continent ]]></description>
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