NEW YORK, January 10, 2017 /PRNewswire/ --
Stock-Callers.com shifts focus on four Foreign Money Center Banks which are: Banco Santander S.A. (NYSE: SAN), Barclays PLC (NYSE: BCS), Lloyds Banking Group PLC (NYSE: LYG), and Credit Suisse Group AG (NYSE: CS). These stocks belong to the Financials sector which continued to decline in afternoon trade on Monday, January 09th, 2017. As per a NASDAQ report, the NYSE Financials Sector Index declined about 0.6%, while Financials companies in the S&P 500 Index fell about 0.5%. Learn more about these stocks by accessing their free research reports at:
On Monday, shares in Madrid, Spain headquartered Banco Santander S.A. recorded a trading volume of 2.22 million shares. The stock ended the day at $5.35, declining 1.29% from the last trading session. The Company's shares have advanced 6.15% in the last one month, 22.16% over the previous three months, and 3.28% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 9.63% and 20.01%, respectively. Furthermore, shares of Banco Santander, which together with its subsidiaries, provides various retail and commercial banking products and services for individual and corporate clients, have a Relative Strength Index (RSI) of 63.56.
On December 15th, 2016, Santander Bank, a wholly owned subsidiary of Banco Santander announced that it has raised its prime rate from 3.50% to 3.75%, effective December 15th, 2016. Free research report on SAN is available at:
London, the UK headquartered Barclays PLC's stock saw a drop of 1.82%, finishing yesterday's session at $11.33 with a total trading volume of 2.83 million shares. The Company's shares have gained 32.05% in the previous three months and 3.00% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.95% and 21.48%, respectively. Additionally, shares of Barclays, which through its subsidiaries, provides various financial products and services worldwide, have an RSI of 57.04.
On December 30th, 2016, Barclays Bank announced that effective January 01st, 2017, two of Barclays' exchange-traded notes, the iPath S&P MLP ETN and the Barclays ETN+ Select MLP ETN, may become subject to new regulations issued by the Internal Revenue Service which impose US federal income tax withholding on "dividend equivalent payments" made to non-US beneficial owners with respect to instruments that are issued (or deemed issued) on or after January 01st, 2017. The Company stated that the new regulations apply only to non-US beneficial owners, so the tax treatment of US beneficial owners of Affected Securities will generally not be altered by the new regulations. The complimentary research report on BCS can be downloaded at:
Shares in London, the UK headquartered Lloyds Banking Group PLC ended Monday's session 1.83% lower at $3.21. The stock recorded a trading volume of 6.58 million shares, which was above its three months average volume of 5.50 million shares. The Company's shares have gained 0.63% in the last one month, 20.68% in the previous three months, and 3.55% on an YTD basis. The stock is trading 6.13% above its 50-day moving average. Moreover, shares of Lloyds Banking Group, which provides banking and financial services to individual and business customers in the UK and internationally, have an RSI of 58.32.
On December 20th, 2016, Lloyds Banking announced that it has agreed to acquire MBNA Ltd , a UK consumer credit card business, from FIA Jersey Holdings Limited, a wholly owned subsidiary of Bank of America. The transaction is consistent with the Group's stated strategic ambitions of growing in Consumer Finance and will enable the Group to enhance its position and offering within the UK prime credit card market. The acquired MBNA business, which comprises gross assets of £7bn, is expected to deliver strong financial returns and create significant value for shareholders. The transaction is expected to complete by the end of H12017, subject to the receipt of competition and regulatory approval. Visit us today and access our complete research report on LYG at:
On Monday, Zurich, Switzerland-based Credit Suisse Group AG's stock slid 0.45%, finishing at $15.61. A total volume of 2.81 million shares was traded. The Company's shares have advanced 0.52% in the last month, 17.81% over the previous three months, and 9.08% since the start of this year. The stock is trading 8.76% above its 50-day moving average and 18.28% above its 200-day moving average. Additionally, shares of Credit Suisse Group, which together with its subsidiaries, provides various financial services worldwide, have an RSI of 60.30.
On January 05th, 2017, Credit Suisse announced a coupon amount of $0.2449 for the Credit Suisse S&P MLP Index ETN. The company announced that the payment date for the coupon would be January 24th, 2017, with the record date of January 13th, 2017. Get free access to your research report on CS at:
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