Diversified Banks Stocks Roundup -- Itau Unibanco Holding, Banco Bradesco, U.S. Bancorp., Sumitomo Mitsui Financial, and Bank of Ireland
PR Newswire - Fri Feb 06, 7:30AM CST
Investor-Edge has initiated coverage on the following equities: Itau Unibanco Holding S.A. (NYSE: ITUB), Banco Bradesco S.A. (NYSE: BBD), US Bancorp (NYSE: USB), Sumitomo Mitsui Financial Group Inc. (NYSE: SMFG), and Bank of Ireland (NYSE: IRE). Free research report on Itau Unibanco Holding can be accessed at http://get.Investor-Edge.com/pdf/?c=Itau%20Un...amp;s=ITUB. On Thursday, February 05, 2015, the NASDAQ Composite ended at 4,765.10, up 1.03%, the Dow Jones Industrial Average advanced 1.20%, to finish the day at 17,884.88, and the S&P 500 closed at 2,062.52, up 1.03%. The gains were broad based as all the sectors ended the session in positive. The S&P 500 Financials Sector Index ended the day at 322.58, up 1.00%, with the index also advancing 2.39% in the previous three trading sessions. Register for your complimentary reports at the links given below.
SMFG: 7.40 (+0.19), USB: 45.07 (-0.05), BBD: 12.90 (+0.30), IRE: 14.54 (+0.81), ITUB: 12.63 (+0.46)
Kroll Bond Rating Agency Affirms A/K1 Senior Long-Term and Short-Term Debt Ratings for Sumitomo Mitsui Financial Group, Inc.
Business Wire - Tue Feb 03, 2:33PM CST
Kroll Bond Rating Agency (KBRA) has affirmed the senior unsecured debt rating of A and the short-term rating of K1 for Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)("SMFG" or the "Group"
SMFG: 7.40 (+0.19)
Technical Data on Diversified Banks Stocks - Citigroup, Banco Bradesco, Itau Unibanco Holding, Banco Bilbao Vizcaya Argentaria, and Sumitomo Mitsui Financial
PR Newswire - Fri Jan 02, 7:45AM CST
Investor-Edge has initiated coverage on the following equities: Citigroup Inc. (NYSE: C), Banco Bradesco S.A. (NYSE: BBD), Itau Unibanco Holding S.A. (NYSE: ITUB), Banco Bilbao Vizcaya Argentaria S.A. (NYSE: BBVA), and Sumitomo Mitsui Financial Group Inc. (NYSE: SMFG). Free research on these five companies can be accessed at: http://investor-edge.com/register. On Wednesday, December 31, 2014, the NASDAQ Composite ended at 4,736.05, down 0.87%, the Dow Jones Industrial Average declined 0.89%, to finish the day at 17,823.07, and the S&P 500 closed at 2,058.90, down 1.03%. The losses were broad based as all the sectors ended the session in negative. The S&P 500 Financials Sector Index ended the day at 333.32, down 1.21%, while the index has advanced 6.73% in the previous three months. Register for your complimentary reports on these five stocks at:
SMFG: 7.40 (+0.19), BBD: 12.90 (+0.30), C: 51.20 (+0.31), BBVA: 9.69 (+0.24), ITUB: 12.63 (+0.46)
RBS Trying To Regain Profitability
Stock Gazer - at Seeking Alpha - Mon Dec 29, 5:01PM CST
SMFG: 7.40 (+0.19), EC: 18.50 (+0.58), CS: 23.65 (+0.23), RBS: 11.97 (+0.01)
The Zacks Analyst Blog Highlights: Citigroup, Bank of Nova Scotia, Credit Suisse Group, Sumitomo Mitsui Financial Group, Wells Fargo, U.S. Bancorp, Bank of America and JPMorgan Chase
PR Newswire - Mon Dec 29, 8:30AM CST
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Citigroup Inc. (NYSE:C-Free Report), Bank of Nova Scotia (NYSE:BNS-Free Report), Credit Suisse Group AG (NYSE:CS-Free Report), Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG-Free Report), Wells Fargo & Company (NYSE:WFC-Free Report), U.S. Bancorp (NYSE:USB-Free Report), Bank of America Corporation (NYSE:BAC-Free Report) and JPMorgan Chase & Co. (NYSE:JPM-Free Report).
USB: 45.07 (-0.05), SMFG: 7.40 (+0.19), CS: 23.65 (+0.23), WFC: 55.33 (+0.47), BAC: 16.61 (-0.06)
Citigroup to Vend Japan Retail Business to Sumitomo Mitsui - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Dec 26, 9:40AM CST
In continuation with its strategy to trim the Global Consumer Bank ('GCB'
SMFG: 7.40 (+0.19), C: 51.20 (+0.31), GSBC: 38.05 (-0.47), HCBK: 9.92 (+0.03)
Bank Stock Roundup: Litigation & Restructuring Continue; Citigroup & Wells Fargo in Focus - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Dec 26, 9:20AM CST
Amid ongoing pressure on revenues, the trend of streamlining operations and focusing on core businesses continued over the last four trading days. Citigroup Inc. (C) led the path of restructuring activities in the industry.
JPM: 59.67 (+0.10), SMFG: 7.40 (+0.19), USB: 45.07 (-0.05), C: 51.20 (+0.31), CS: 23.65 (+0.23), BAC: 16.61 (-0.06), WFC: 55.33 (+0.47), BNS: 53.90 (+0.63)
Citigroup To Sell Japanese Retail Banking Business
at Investor's Business Daily - Fri Dec 26, 8:37AM CST
Citigroup (C) announced Thursday it will sell its Japanese retail banking business to Sumitomo Mitsui Banking Corp. (SMFG) The deal includes 32 retail branches, Citibank Japan's ATMs, 740,000 customer accounts as well as $21 billion in yen and...
SMFG: 7.40 (+0.19), C: 51.20 (+0.31)
Wall Street Breakfast: Inflation, Output Data Deal Blow To Abe
Wall Street Breakfast - Seeking Alpha - Fri Dec 26, 5:31AM CST
Economy Keeping the BOJ under pressure , Japan core consumer inflation slowed to 0.7% in November, far below the central bank's 2% target. Factory output also unexpectedly fell and real wages marked their steepest drop in five years, dealing a...
TSLA: 203.77 (+0.89), ORB: 28.85 (+0.21), SPY: 209.78 (+0.86), JPM: 59.67 (+0.10), QQQ: 106.91 (+0.91), SMFG: 7.40 (+0.19), ADK: 4.12 (+0.02), QCOM: 70.88 (+0.49), CS: 23.65 (+0.23), C: 51.20 (+0.31), LOCO: 24.20 (+0.06), BAC: 16.61 (-0.06), RSH: 0.24 (-0.04), MHFI: 102.19 (unch), RST: 9.55 (-0.23)
Sumitomo Mitsui, Citi deal officially announced
Seeking Alpha - at Seeking Alpha - Thu Dec 25, 2:14AM CST
SMFG: 7.40 (+0.19), C: 51.20 (+0.31)
Wall Street Breakfast: Global Stocks Rise Following Strong U.S. Growth
Wall Street Breakfast - Seeking Alpha - Wed Dec 24, 5:33AM CST
Economy U.S. benchmark indices closed at record highs yesterday, with the Dow soaring above 18,000 for the first time. The gains came as revised Commerce Department data reported U.S. GDP surging 5% in Q3, its strongest growth in more than a...
FDX: 176.47 (+0.17), WYN: 90.57 (+0.93), C: 51.20 (+0.31), WMT: 85.81 (-0.08), SNE: 27.30 (+0.19), DIS: 104.17 (+0.59), IPI: 13.84 (+0.34), UPS: 101.79 (+0.38), SNN: 35.82 (-0.28), SPY: 209.78 (+0.86), QQQ: 106.91 (+0.91), SMFG: 7.40 (+0.19), TGT: 76.12 (-0.75), DTV: 87.51 (-0.32), AAL: 48.39 (+0.51), MCD: 95.65 (+0.56), CORR: 6.81 (-0.02), SYK: 94.51 (+1.14)
Timeline disclosed for SMBC, Citi deal
Seeking Alpha - at Seeking Alpha - Wed Dec 24, 1:30AM CST
SMFG: 7.40 (+0.19), C: 51.20 (+0.31)
Wall Street Breakfast: China Stocks Tumble Most Since 2009
Wall Street Breakfast - Seeking Alpha - Tue Dec 09, 5:31AM CST
Economy European stocks fell for a second day as German imports and exports contracted in October, while Tesco ( OTCPK:TSCDF , OTCPK:TSCDY ) and energy companies plunged. German October imports slid 3.1% from a month earlier, while exports...
AMZN: 381.83 (+4.66), DRC: 81.21 (+0.31), VRX: 167.00 (-0.50), TLM: 7.63 (-0.03), C: 51.20 (+0.31), DB: 32.29 (+0.70), FIVE: 33.01 (+0.11), HSP: 87.35 (unch), ARO: 3.63 (+0.04), AGN: 229.49 (+1.87), PBR: 6.98 (+0.44), SPY: 209.78 (+0.86), QQQ: 106.91 (+0.91), CBST: 101.94 (+0.14), SMFG: 7.40 (+0.19), BHP: 51.19 (+2.38), MRK: 58.81 (-0.07), HMC: 32.87 (+0.14)
Diversified Banks Stocks Technical Snapshot - Banco Bradesco, Sumitomo Mitsui Financial, US Bancorp, National Bank of Greece, and Banco Santander Brasil
PR Newswire - Mon Dec 01, 7:50AM CST
Investor-Edge has initiated coverage on the following equities: Banco Bradesco S.A. (NYSE: BBD), Sumitomo Mitsui Financial Group Inc. (NYSE: SMFG), US Bancorp (NYSE: USB), National Bank of Greece S.A. (NYSE: NBG), and Banco Santander Brasil S.A. (NYSE: BSBR). Free research on these five companies can be accessed at: http://investor-edge.com/register. On Friday, November 28, 2014, the NASDAQ Composite ended at 4,791.63, up 0.09%, the Dow Jones Industrial Average finished the day flat at 17,828.24, and the S&P 500 closed at 2,067.56, down 0.25%. The gains were broad based as seven out of ten sectors ended the session in positive. The S&P 500 Financials Sector Index ended the day at 328.00, up 0.05%, with the index also advancing 4.46% in the previous three months. Register for your complimentary reports on these five stocks at:
USB: 45.07 (-0.05), SMFG: 7.40 (+0.19), BBD: 12.90 (+0.30), NBG: 1.61 (+0.18), BSBR: 5.07 (+0.19)
Citigroup Gives Priority to Sumitomo Mitsui to Buy Japan Bank - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Nov 18, 5:33PM CST
Among several bidders lined up for buying Citigroup Inc.'s (C) Japanese consumer-banking business, the bank plans to offer the right of first refusal for the deal to Sumitomo Mitsui Financial Group, Inc. (SMFG), according to Bloomberg.
SMFG: 7.40 (+0.19), C: 51.20 (+0.31), HSBC: 46.13 (-0.01), BAC: 16.61 (-0.06)
Best Asian Stock Ideas Today
Aviate - Seeking Alpha - Wed Nov 05, 12:09PM CST
1. RRR cut in 6 days? 2. Japanese Banks - 50% of Market Cap held in Equities. 3. $16bn Infrastructure Fund - Trade support, SOE reform, bail out, foreign investment or domestic stimulation 4. Does QE work? 1. RRR cut in 6 days? One year...
MTU: 6.01 (+0.13), SMFG: 7.40 (+0.19)
Market Momentum on Banks Stocks - Banco Bradesco, Itau Unibanco Holding, Sumitomo Mitsui Financial, Popular, and PNC Financial Services
PR Newswire - Mon Oct 06, 7:40AM CDT
Investor-Edge has initiated coverage on the following equities: Banco Bradesco S.A. (NYSE: BBD), Itau Unibanco Holding S.A. (NYSE: ITUB), Sumitomo Mitsui Financial Group Inc. (NYSE: SMFG), Popular Inc. (NASDAQ: BPOP), and The PNC Financial Services Group Inc. (NYSE: PNC). Free research on these five companies can be accessed at: http://investor-edge.com/register. On Friday, October 03, 2014, the NASDAQ Composite ended at 4,475.62, up 1.03%, the Dow Jones Industrial Average finished the day 1.24% higher at 17,009.69, and the S&P 500 closed at 1,967.90, up 1.12%. The gains were broad based as all the ten sectors ended the session in positive. The S&P 500 Financials Sector Index ended the day at 313.66, up 1.45%, while the index has declined 0.54% in the last one month. Register for your complimentary reports on these five stocks at:
SMFG: 7.40 (+0.19), BBD: 12.90 (+0.30), BPOP: 33.07 (+0.01), PNC: 92.38 (+0.82), ITUB: 12.63 (+0.46)
Bank Stock Roundup: Stress Test Results Bring Optimism, Citigroup Restructuring Continues - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Sep 19, 10:06AM CDT
While pre-crisis mortgage issues prevailed, active restructuring activities and the 2014 Mid-Cycle Stress Test results were more prominent in the last five trading days. Citigroup Inc. (C) was in the limelight for its restructuring activities.
CS: 23.65 (+0.23), C: 51.20 (+0.31), HSBC: 46.13 (-0.01), DB: 32.29 (+0.70), WFC: 55.33 (+0.47), BAC: 16.61 (-0.06), MS: 36.78 (-0.12), MTU: 6.01 (+0.13), MFG: 3.48 (+0.06), GS: 189.00 (-0.78), JPM: 59.67 (+0.10), COF: 78.88 (-0.41), SMFG: 7.40 (+0.19)
Citigroup to Vend Diners Club Business with Retail Operations - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Sep 15, 9:40AM CDT
Citigroup Inc. (C) is planning to vend its profitable Diners Club card business in Japan with the sale of its retail banking operations, Bloomberg reported on Friday.
MTU: 6.01 (+0.13), SMFG: 7.40 (+0.19), C: 51.20 (+0.31), BAC: 16.61 (-0.06)
Manufacturers Bank Reports First Half 2014 Earnings
Business Wire - Tue Aug 26, 10:13AM CDT
Manufacturers Bank (the Bank), a California commercial bank with total assets of over $2.3 billion, is a wholly owned subsidiary of Sumitomo Mitsui Banking Corporation (SMBC), which in turn is a wholly owned subsidiary of Sumitomo Mitsui Financial Group (SMFG). The Bank reported net income for the six months ended June 30, 2014 of $6.1 million compared to $3.5 million for the same period in 2013. Increased earning assets, gain on sale of other assets and a reduction in non-interest expense resulted in favorable year over year earnings performance.
SMFG: 7.40 (+0.19)