Initiating Research Reports on Banking Equities -- East West, Barclays, Credit Suisse, and HSBC Holdings
NEW YORK, November 2, 2017 /PRNewswire/ --
If you want a Stock Review on EWBC, BCS, CS, or HSBC then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. For this morning, DailyStockTracker.com shifts focus on East West Bancorp Inc. (NASDAQ: EWBC), Barclays PLC (NYSE: BCS), Credit Suisse Group AG (NYSE: CS), and HSBC Holdings PLC (NYSE: HSBC). These equities operate in the Foreign Money Center Banking industry, which includes banks that raise most of their funds from the international money market, relying less on depositors for funds. This morning's free research reports on the aforesaid equities are available upon registration on DailyStockTracker.com at:http://dailystocktracker.com/register/
East West Bancorp
Pasadena, California headquartered East West Bancorp Inc.'s stock finished Wednesday's session 0.18% lower at $59.73 with a total trading volume of 577,356 shares. The Company's shares have advanced 4.84% over the previous three months and 17.51% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.51% and 7.55%, respectively. Furthermore, shares of the Company, which operates as the holding company for East West Bank that provides a range of personal and commercial banking services to small and medium-sized businesses, business executives, professionals, and other individuals, have a Relative Strength Index (RSI) of 53.36.
On October 05th, 2017, research firm Raymond James upgraded the Company's stock rating from 'Underperform' to 'Market Perform'.
On October 19th, 2017, East West Bancorp reported its financial results for Q3 2017. Net income for Q3 2017 was $132.7 million, net interest income totaled $303.2 million, and revenue was $352.8 million. Return on average assets for the quarter was 1.46%, return on average equity was 14.01%, and return on average tangible equity was 16.33%. Visit us today and access our complete research report on EWBC at:http://dailystocktracker.com/registration/?symbol=EWBC
Barclays
Shares in London, the UK headquartered Barclays PLC ended at $9.69, down 1.52% from the last trading session. The stock recorded a trading volume of 2.54 million shares, which was above its three months average volume of 2.44 million shares. The Company's shares are trading 3.51% below their 50-day moving average. Moreover, shares of Barclays, which through its subsidiaries, provides various financial products and services worldwide, have an RSI of 42.35.
On October 31st, 2017, research firm Keefe Bruyette upgraded the Company's stock rating from 'Underperform' to 'Market Perform'. The complimentary report on BCS can be downloaded at: http://dailystocktracker.com/registration/?symbol=BCS
Credit Suisse Group
Zurich, Switzerland-based Credit Suisse Group AG's stock ended yesterday's session 0.70% lower at $15.61. A total volume of 3.21 million shares was traded, which was above their three months average volume of 2.60 million shares. The Company's shares have advanced 1.50% over the previous three months and 13.12% on an YTD basis. The stock is trading 0.76% and 5.68% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Credit Suisse, which together with its subsidiaries, provides various financial services worldwide, have an RSI of 47.06.
On October 06th, 2017, research firm RBC Capital Markets upgraded the Company's stock rating from 'Sector Perform' to 'Outperform'.
On October 26th, 2017, Credit Suisse announced the launch of the Credit Suisse RavenPack Artificial Intelligence Sentiment (AIS) Index, a result of its collaboration with RavenPack to create quantitative investment strategies from news analyses leveraging the latter's artificial intelligence algorithms. The AIS Index tracks the notional performance of an algorithmic US large-cap sector-rotation strategy, harnessing the power of big data analytics to make sector allocation decisions in a tradable and systematic way. Register for free on DailyStockTracker.com and access the latest research report on CS at:http://dailystocktracker.com/registration/?symbol=CS
HSBC Holdings
On Wednesday, shares in London, the UK headquartered HSBC Holdings PLC recorded a trading volume of 1.60 million shares, which was above their three months average volume of 1.14 million shares. The stock finished 0.18% lower at $48.68. The Company's shares have advanced 21.15% since the start of this year. The stock is trading above its 200-day moving average by 8.25%. Furthermore, shares of HSBC Holdings, which provides banking and financial products and services in the UK and internationally, have an RSI of 45.94.
On October 10th, 2017, research firm Credit Suisse downgraded the Company's stock rating from 'Neutral' to 'Underperform'.
On October 25th, 2017, HSBC, part of HSBC Holdings, announced the launch of its HSBC Premier World Elite Mastercard® credit card, a luxury credit card that provides best-in-class travel benefits and privileges for clients. The HSBC Premier World Elite Mastercard® credit card - a sleek, new metal card - offers worldwide rewards on a broad list of travel purchases from traditional airfare, hotels, and trains to ride-sharing apps through credits with Uber and Lyft. Get free access to your research report on HSBC at:
http://dailystocktracker.com/registration/?symbol=HSBC
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