Deutsche Bank initiates coverage of National Bank of Greece (ADR) (NYSE:NBG) and of Alpha Bank in a report dated March 10, saying that the target prices also reflect its assumption that 25% of delinquent loans could become performing over time. National Bank of Greece (ADR) (NYSE:NBG) stock performance was 12.66% in last session and finished…
Shares of National Bank of Greece (NYSE:NBG) are up nearly 10% Monday following Deutsche Bank’s new coverage of the stock at a Buy rating and EUR4.50 price target (approx $6.25 based on Monday’s exchange rate). The rating results from Deutsche Bank’s forecast for a strong recovery in fundamentals for the Greek banking sector. In addition,…
National Bank of Greece (ADR) (NYSE:NBG) on 10 July appointed central bank governor Yiannis Stournaras said Thursday that challenges in the sustainability of the Eurozone recovery remain as long as banks hold back on extending new credit to currency area businesses. National Bank of Greece (ADR) (NYSE:NBG) stock performance was -1.42% in last session and…
At Mobile Asia Expo 2014 on June 11, Qihoo 360 Technology Co Ltd (NYSE:QIHU) launched a fresh update for its 360 Browser with two new features, File Download Scanner and World Cup 2014 Promotion. With this update, 360 Browser hopes to bring users a combination of enhanced Internet security and lifestyle features. Qihoo 360 Technology…
Although Bank of America Corp (NYSE:BAC) has followed the broader equities markets into the red today, calls are trading at a slightly accelerated pace this afternoon. Additionally, calls continue to be the options of choice, and are outpacing their put counterparts by a nearly 3-to-1 ratio. Bank of America Corp (NYSE:BAC) stock performance was 0.56%…
When JPMorgan Chase & Co. (NYSE:JPM) chairman and CEO Jamie Dimon announced last week that he had been diagnosed with throat cancer, the largest US bank said its board already had plans for a full-range of scenarios in place. Sudden, life-threatening ailments such as cancer present unique management challenges, which can throw a company into…
