All Posts Tagged With: "ING"
(HBC) Capital One Financial Outlook Reiterated by Fitch
Following the successful completion of the acquisition of HSBC Holdings Plc’s (HBC) U.S. credit card operations, Fitch Ratings affirmed all the ratings for Capital One Financial Corp. (
(COF) Capital One Financial Misses Estimates on Higher Expenses
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...
(LFC) China Life Insurance Company Shares Remain Underperform
We have reiterated our Underperform recommendation on China Life Insurance Company Ltd. (LFC) based on itspoor operating results in the third quarter.
China Life reported operating earnings of RMB0.13...
(BAC) Standard & Poor’s Downgrades Giant Wall Street Banks
On Tuesday, Standard & Poor’s (S&P) lowered its credit ratings for many U.S. and European banks. Out of 37 banks reviewed by S&P, ratings for 15 were downgraded, ratings remained unchanged for 20 and the remaining 2 were awarded upgraded ratings.
The...
(COF) Capital One-HSBC Credit Card Business Aquisition Deal Under Review
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...
(LFC) China Life Insurance Sees Moody’s Rating Action
Beginning this week, credit rating agency Moody’s Investors Service affirmed China Life Insurance Co. Ltd.’s (LFC) insurance financial strength rating of “A1” with a positive outlook based on the company’s...
(BRC) Company News for September 13, 2011 – Corporate Summary
• Share prices of semiconductor company NetLogic Microsystems (NASDAQ:NETL) spiked up 50.80% to close at $48.12 after Broadcom Corp. (NASDAQ:BRCM) announced its...
(COF) Capital One Financial Earnings Outpace Estimates
Capital One Financial Corp.’s (COF) second quarter 2011 earnings from continuing operations of $2.04 per share were substantially ahead of the Zacks Consensus Estimate of $1.67. Though this compared unfavorably...
(CBG) CB Richard Ellis Group Completes ING Division Purchase
CB Richard Ellis Group, Inc. (CBG) recently announced that it has acquired ING Clarion Real Estate Securities (CRES) from Netherlands-based ING Groep NV (ING). The acquisition was funded by a combination of...
(PNC) PNC Financial Services Group Acquiring Royal Bank of Canada Unit
PNC Financial Services Group Inc. (PNC) is purchasing RBC Bank (USA), the U.S. retail banking subsidiary of Royal Bank of Canada (RY) and...
(COF) Capital One Acquires ING Direct USA
Capital One Financial Corp.(COF) announced an agreement to acquire ING Direct USA, the online banking unit of Amsterdam-based ING Groep NV (ING),...
(ING) ING Group – Lone Finance Bright Spot in ValuEngine.com Stock Screen
ING Group (ING) the Lone Finance Bright Spot in ValuEngine.com Stock Screen
While finance stocks have not made the grade from our proprietary models as of late, ING GROEP (ING) turned up highly-rated...
(RAA) Insurance Industry Stock Update – May 2011 – Industry Outlook
After enduring stress with respect to pricing pressure and reduced insured exposure through mid-2009, the overall health of the U.S. insurance industry has improved to some extent in recent quarters. Though the market turmoil forced many companies to take immense write-downs,...
(COF) Capital One Financial Planning to Bid for ING Direct?
On Sunday, Bloomberg reported that Capital One Financial Corp. (COF) is one of the few firms that are interested in buying ING Direct USA. ING Direct USA is the online banking unit of Amsterdam-based ING...
(MET) MetLife Seals Taiwan Deal
The Wall Street Journal has reported that MetLife Inc. (MET) has finally been able to vend its Taiwan life insurance unit to Chinatrust Financial...
(MET) MetLife Trys Again to Exit Taiwan
On Monday, Thomson Reuters reported that MetLife Inc. (MET) may dispose of its insurance business in Taiwan by the end of April this year. Chinatrust Financial, Yuanta Financial and Mercuries Life Insurance...
(AIG) American International Group Rejected by Taiwan on Unit Sale
Earlier today, Taiwanese regulators rejected American International Group Inc.’s (AIG) bid to sell its Taiwanese unit Nan Shan Life Insurance Co. to a Hong-Kong based consortium, according to Reuters. The...
(BCS) Seven European Banks Fail Stress Tests
Europe stress-test results are out and only seven banks were found to be incapable of enduring another recession. However, no major banks have failed the test. The findings of the stress test that covered around 91 banks — accounting for 65% of the banking market in...
(AIG) American International Group Still Target of Chinatrust
Despite the lapse of the original share swap agreement with the Hong Kong-led consortium, Chinatrust Financial Holding Co. Ltd., one of the biggest financial groups of Taiwan, said on Monday that it is still eyeing American International Group Inc’s. (
(CIT) CIT Group Being Targeted by Australian Bank?
On Mar 28, the Australian Financial Review reported that CIT Group Inc.’s (CIT) Australian and New Zealand ‘s vendor finance business units are being targeted for acquisition by the Australia ’s...
(AEG) Aegon NV Repays Government Funds
Aegon NV (AEG) yesterday repaid €1.15 billion of government funds. The payment constitutes about one-third of the total €3.0 billion it received during last fall. The amount repaid also included accrued...