|Last Price$4.69||Day Change (%)-1.26%|
|Open Price$4.68||Day Change ($)-0.06|
|Day Range4.67–4.72||52-Week Range4.35–5.55|
As of Tue 3/31/2015 2:39:00 PM | USD
Investors are overly concerned about the potential impact of falling oil prices and turmoil in Russia on the banks that we cover.
UPDATE: U.K. stocks to be wary of with election just weeks away
Sabadell agrees to $2.54 billion takeover of TSB
TSB shares surges 26% after Banco Sabadell offer
In our business, the emotional toll can be heavy.
Lloyds TSB Group LYG exceeded our expectations for 2006, prompting us to boost our fair value estimate for the U.K.-based retail bank. Excluding nonrecurring items, net profit increased 14.7%, far more than the 5.4% growth we forecast. Tight expense control was the key behind this result. Continued ...
In today's market, we think careful stock-picking will be rewarded. Plus, we look at the impact of rising interest rates on banks and of ETFs on the traditional asset management industry.
We think it will hold up well against the threats of challenger banks and digital banking.
Apple's event this week burnished more than its own reputation. Plus, Lululemon sprints ahead, but what about the long run?
The Volcker Rule is finalized, so now banks need to worry about complying with it.