The European Investment Bank (EIB) is providing in tandem with Greek partner banks a further EUR 200 million worth of SME support for growth and employment in Greece. These funds, of which EUR 150 million is going to the National Bank of Greece (ADR) (NYSE:NBG) and EUR 50 millionto Alpha Bank, are intended to finance projects promoted by small and medium-sized companies in the fields of industry, tourism and services in Greece. National Bank of Greece (ADR) (NYSE:NBG) stock performance was -3.09% in last session and finished the day at $3.76. Traded volume was 6.33million shares in the last session and the average volume of the stock remained 5.48million shares. The beta of the stock remained 1.98.
Metlife Inc (NYSE:MET)’s stock had its “overweight” rating reaffirmed by research analysts at Barclays in a report released on Wednesday. They currently have a $65.00 target price on the stock, up from their previous target price of $62.00. Barclays’ price target points to a potential upside of 18.07% from the stock’s previous close. Metlife Inc (NYSE:MET) dropped -0.33 percent to $54.87 Wednesday on volume of 4.37million shares. The intra-day range of the stock was $54.63 to $55.21. Metlife Inc (NYSE:MET) has a market capitalization of $61.76billion.
American International Group Inc (NYSE:AIG) said Peter Hancock would succeed Robert Benmoscheas chief executive and president, effective Sept. 1. Hancock joined AIG in 2010 and has headed the company’s property-casualty business since March 2011. American International Group Inc (NYSE:AIG)’s stock on June 11, 2014 reported a decrease of -0.42% to the closing price of $54.78. Its fifty two weeks range is $41.53 -$55.44. The total market capitalization recorded $79.25billion. The overall volume in the last trading session was 5.33million shares. In its share capital, AIG has 1.45billion outstanding shares.
Even after miners end the walkout that began in January, Morgan Stanley says output deficits will last through at least 2018 as surging car sales from North America to China boost demand for catalytic converters. Barclays Plc (ADR) (NYSE:BCS) predicts automakers will use a record 7.19 million ounces in 2014. Investors have boosted holdings in exchange-traded funds by 40 percent since March. On Wednesday, shares of Barclays PLC (ADR) (NYSE:BCS) dropped -1.10% to close the day at $16.18. Company return on investment (ROI) is 4.20% and its monthly performance is recorded as -5.93%. Barclays PLC (ADR) (NYSE:BCS) quarterly revenue growth is 4.05%.
PBF Energy Inc. PBF -3.06% (“PBF Energy”) announced today an underwritten secondary offering (the “Offering”) of 18,000,000 shares of its Class A common stock by funds affiliated with The Blackstone Group and First Reserve Management, L.P. (the “Selling Stockholders”) pursuant to PBF Energy’s shelf registration statement previously filed with the Securities and Exchange Commission. Citigroup Inc (NYSE:C) and Deutsche Bank Securities are the underwriters of the Offering. Citigroup Inc (NYSE:C) stock performance was -1.05% in last session and finished the day at $48.81. Traded volume was 13.94million shares in the last session and the average volume of the stock remained 22.89million shares. The beta of the stock remained 1.91. Citigroup Inc (NYSE:C) insider ownership is 0.10%.