Sentences with phrase «for shares of banking»

From an investment standpoint, we think this result could prove positive for shares of banking, insurance and potentially energy companies in the region.

Not exact matches

Bank of America on Tuesday said Berkshire exercised warrants to acquire its shares for roughly $ 7.14 each, well below their closing price of $ 23.58, down 14 cents from Monday.

To pay for the shares, Berkshire swapped $ 5 billion of Bank of America preferred stock it had bought in August 2011.

Canada's banks drove down mortgage rates in a fight for market share because the federal government insures most of the risk.

• Esquire Financial, a Jericho, New York - based bank, announced a price range of $ 14 to $ 16 for its IPO of some 2.6 million shares, 30 % of which is from insiders.

Additionally, shares of Northern Trust, which provides asset servicing, fund administration, asset management, fiduciary, and banking solutions for corporations, institutions, families, and individuals worldwide, have an RSI of 51.21.

Power Financial sold its shares of Montreal Trust to Bell Canada parent BCE Inc. for $ 547 million in 1989 because of reservations about the ability of a mid-sized company to compete with Canada's large chartered banks.

On average, analysts expect the bank to report earnings of $ 4.35 a share for the fourth quarter, versus $ 4.60 a share a year earlier.

Deutsche Bank shares dropped more than 3 percent on Thursday morning after reporting lower - than - expected revenue for its first quarter at a time when banking stocks have seen sharp gains after centrist Emmanuel Macron emerged as the winner in the first round of French presidential elections last week.

Instead of having banks determine the price of shares before the company officially opens up for trading to the public, Spotify stock price would be determined solely by supply and demand on the market.

The exact mix of shares and contingent convertible bonds the HFSF will buy from banks in exchange for any fresh funds it will provide will be decided by the cabinet.

«We are initiating pilots for a broad range of machine learning use cases - from detecting anomalies for fraud and cybersecurity, to generating targeted trading strategies to share with clients, to optimizing our client servicing channels,» Zames said in an April note outlining the bank's tech strategy.

Though the IPO only gave Rovio half the market value the company had hoped for ($ 900 million ($ 1.1 billion) instead of its anticipated $ 2 billion), stock bounced back when a bank backing the IPO started purchasing shares to «stabilize» the price, according to Bloomberg.

«Assuming that the US adopts a new corporate tax rate of about 25 %, with most of the rest of the code left the same, we expect S&P earnings per share of $ 130 - 140 in 2017 and $ 140 - 150 in 2018,» said David Bianco, Deutsche Bank's chief investment strategist for the Americas.

The biggest loser from the dividend cut would be Belgium, which owned 10.3 % share of the bank as of Dec. 31 and received about $ 261 million in dividend payments for 2013.

The FDIC's Summary of Deposit numbers released in October showed for the past several years, community banks have continued to lose deposit share to larger institutions.

In addressing those questions, they've often sought to stress the need for perspective: Goldman Sachs» market share in 2009 was probably unsustainable, and the bank's current market share of around 10 % is still higher than it was in 2005.

Jacob Aarup - Andersen, CFO of Danske Bank, shares his outlook for banking and the financial sector

After a rough start to the year, some traders are banking on a turnaround for shares of Goldman Sachs.

On the other hand, Bank of America Merrill Lynch reiterated its buy rating and raised its price target to $ 220 from $ 180 for Apple shares, which is 25 percent above Tuesday's closing price.

Such affiliations are cropping up among small banks all across the country, in part because they've got to compete not only with bigger banks but with credit - card companies and other financial - services organizations that offer this type of full - service menu and are hungry for a share of the small - and midsize - business market.

Bank of America Merrill Lynch reiterated its buy rating and raised its price target to $ 220 from $ 180 for Apple shares, which is 25 percent above Tuesday's closing price.

He was hired from Credit Suisse, where he was head of global internet investment banking and was perhaps best known for his leading role on the initial public offering of the Chinese e-commerce giant Alibaba Group in 2014, the largest share sale ever.

Brian Modoff, an analyst with Deustche Bank Securities, said he's lost count of the number of times someone has tried to generate interest in a higher bid for BlackBerry, and remains unconvinced that the value of its shares will rise to Watsa's $ 9 valuation.

Spooked by a sudden 19 % plunge in the Shanghai Composite Index, regulators halted initial public offerings, suspended trading in shares accounting for 40 % of market capitalization, forced state - owned brokers to promise to buy stocks until the index reached a higher level, mobilized state - controlled funds to purchase equities, and promised unlimited support from the central bank.

Laidlaw put together a syndicate of 25 other investment - banking firms, which bought the remaining 755,000 shares, also for $ 5.98 a share, which brought them in a total of $ 392,600.

If you are a beneficial owner of shares held in street name, please check the voting instructions in the notice provided by your broker, bank or other intermediary for telephone voting availability.

With the preparatory work done, the time has come for the Vultures to cash in through re-sale of New Bank equity shares by year - end.

For specific instructions on how to vote your shares, please refer to the section entitled «Questions and Answers About the 2018 Annual Meeting and Procedural Matters» and the instructions on the Notice of Internet Availability or the notice you receive from your broker, bank or other intermediary.

And far from winning his share of the Bank of America building, according to court documents, he had to settle for it after losing in court.

As for my position on the 5 majors CDN banks, I've taken the easy approach and have opted to just own a few thousands shares of each of the 5 major CDN banks.

If you are a beneficial owner, you did not receive a Notice of Internet Availability directly from us, but your broker, bank or other intermediary forwarded you a notice with instructions on accessing our proxy materials and directing that organization how to vote your shares, as well as other options that may be available to you for receiving our proxy materials.

If you are a beneficial owner, you did not receive a Notice of Internet Availability directly from Tesla, but your broker, bank or other intermediary forwarded you a notice together with voting instructions for directing that organization how to vote your shares.

Bad loans as a share of their total portfolio remains low, at less than 2.5 percent, but economists believe the figure understates the problem because banks often extend the payment dates for problem debt.

He reiterated in a separate filing on Monday that the Wells Fargo shares «were not acquired and are not held» for the purpose of changing control of the bank.

If you sell shares of a Franklin Templeton fund that were held indirectly for your benefit in an account with your investment representative's firm or your bank's trust department or that were registered to you directly by the Fund's transfer agent (or, to an affiliated custodian or trustee of the Fund's transfer agent), you may reinvest all or a portion of the proceeds from that sale within 90 days of the sale without an initial sales charge.

The recent stock market and real estate bubbles are much like pyramid schemes in the sense that what is bidding up stock and property prices is an exponential inflow of new money from pension plans and mutual funds (for shares) and bank credit (for real estate).

In the food space, for example, TechCrunch wrote «big brands lost share to small brands in 42 of the top 54 most relevant food categories in the past five years,» citing research by the investment bank Jefferies.

Launch of Strategy Manager — the industry standard for investment banking strategy and wallet share analysis.

As a member of the Bank's Governing Council, she shares responsibility for decisions with respect to monetary policy and financial system stability, and for setting the strategic direction of the Bank.

This implies a slowdown in reforms that increase the private sector's productivity and economic share, together with a greater economic role for state - owned enterprises (and for state - owned banks in the allocation of credit and savings), as well as resource nationalism, trade protectionism, import - substitution industrialisation policies, and imposition of capital controls.

NEW YORK Wells Fargo & Co's two biggest competitors have been nabbing market share in lending to commercial and industrial customers in the American heartland, a sign of how difficult it has become for the scandal - tarnished bank to defend its position against rivals.

Torsten Sløk of Deutsche Bank shares the chart of how Trump's steel and aluminum tariffs, and notes that «when prices of imported steel and aluminum increase it will hurt states that are big importers of steel and aluminum» (For more discussion see here and here).

Less than six months later, in February of 2017, the rest of the market realized this... it was absurd that its shares were trading for less than the amount of cash the company had in the bank.

Prior to Rotman, Tiff served as senior deputy governor of the Bank of Canada, sharing responsibility with the governor and four deputy governors for monetary policy and for the Bank's role in promoting financial stability.

Norges Bank Investment Management, a division of Norges Bank, the central bank of the Government of Norway, P.O. Box 1179 Sentrum, 0107 Oslo, Norway, which held on November 22, 2011, shares of common stock having a market value of at least $ 2,000, intends to submit a resolution to stockholders for approval at the annual meetBank Investment Management, a division of Norges Bank, the central bank of the Government of Norway, P.O. Box 1179 Sentrum, 0107 Oslo, Norway, which held on November 22, 2011, shares of common stock having a market value of at least $ 2,000, intends to submit a resolution to stockholders for approval at the annual meetBank, the central bank of the Government of Norway, P.O. Box 1179 Sentrum, 0107 Oslo, Norway, which held on November 22, 2011, shares of common stock having a market value of at least $ 2,000, intends to submit a resolution to stockholders for approval at the annual meetbank of the Government of Norway, P.O. Box 1179 Sentrum, 0107 Oslo, Norway, which held on November 22, 2011, shares of common stock having a market value of at least $ 2,000, intends to submit a resolution to stockholders for approval at the annual meeting.

The adjusted earnings per share excludes 20 cents of charges related to litigation for a mortgage - related regulatory case from before the financial crisis, the bank said.

Gateway Distriparks Limited, our promoter and largest shareholder, creates a bank of shared knowledge and valuable experience for us to build our operations.

RBC Transaction Banking has a leading market share among Canadian banks for export letters of credit coming into Canada, and is used by 80 per cent of the world's top 20 banks for standard settlement in CAD.

GOBankingRates asked some of the most well - known personal finance experts and entrepreneurs to share their top money tip for 2016 as part of our annual «Best Money Expert» competition in collaboration with Ally Bank.