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Posts related to ‘NBG’

Bank Gains Mostly Priced in Euro Rescue News

Posted: September 12, 2012 at 8:25 am

You might not exactly be seeing a total "sell the news" reaction to Germany's constitutional court rejection of a challenge to block a permanent eurozone rescue fund.  This is great news for ...
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Greek Shares Ignoring Very Weak Industrial Production Data

Posted: September 10, 2012 at 12:04 pm

Just last week we featured the nations with the world's highest unemployment rates. Of course it is only logical that Greece would have been in on that list. What was ...
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Greek GDP Falls by 6.2%

Posted: August 13, 2012 at 8:49 am

Greece's woes are not getting any better, whether or not the nation is targeting more budget cuts. Those budget cuts even create a catch-22. As government spending goes lower, so does gross ...
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Societe Generale Blames Profit Slump on Write-Downs

Posted: August 1, 2012 at 5:38 am

Societe Generale SA on Wednesday blamed its worse-than-expected second-quarter profit on write-downs on assets in the United States and Russia. France’s second-largest lender by market value reported that its net ...
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Spain Short Selling Ban Spreads Through PIIGS and Beyond (EWP, SAN, BBVA, GREK, NBG, PT, IRE)

Posted: July 23, 2012 at 10:35 am

Most, or much, of the world hates short sellers. Betting against markets is just unfair, or so goes the logic. There is just one small problem: a market without short ...
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A Direct Bailout of E.U. Banks, TARP-Lite (SAN, BBVA, NBG, IRE, DB, UBS, CS, BCS, GREK, EWP, EWI, FXE)

Posted: June 29, 2012 at 8:37 am

European leaders are taking the aid directly to the banks to stave off any added crisis.  The futures in the U.S. are soaring and the markets in Europe are up ...
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Top Analyst Upgrades & Downgrades (ACE, AIG, CAR, RATE, CIEN, CTSH, DNDN, EBAY, ENS, EXPD, GOOG, JPM, MM, MS, NBG, PTR, RTN, VCLK, VECO, YGE)

Posted: June 26, 2012 at 8:03 am

These are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday. Ace Ltd. (NYSE: ACE) Started as Buy at Stern Agee. American ...
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PIIGS Shifting Attention To Spanish Bond Yields Again (EWP, BBVA, SAN, NBG, IRE, DB)

Posted: June 21, 2012 at 8:15 am

A 2014 bond auction in France went off at 0.54% this Thursday, while the same maturity in 2014 went for a yield of 4.70% in Spain.  The fear is that ...
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As Greece Fades, Attention Moves To Spain, Italy, Portugal (NBG, GREK, EWP, BBVA, SAN, PT, IRE, EWI, FXE, UUP)

Posted: June 18, 2012 at 11:26 am

The Greek elections went the way that the market participants were initially hoping for, but now the reality is setting in that Greece may ultimately not be able to stay ...
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The Amazing Greek Snapback Recovery For The PIIGS (NBG, GREK, EWP, PT, IRE, EWI, FXE, UUP)

Posted: June 15, 2012 at 2:02 pm

Trusting anything out of Greece or any of the PIIGS nations is a bit difficult these days.  With the weekend coming upon us, Greece is set to be the center ...
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Spanish Bailout Hardly Makes A Dent (EWP, STD, BBVA, NBG, TEF, CHU)

Posted: June 11, 2012 at 10:02 am

When this weekend's announcement came out of a $125 billion bailout for Spain to prop up its troubled banks, most would have just assumed that this meant the 'risk-on' trade ...
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Bracing For The Euro Without Greece… Other PIIGS Too (EWG, EWQ, FXE, EWI, IRE, IRL, NBG, GREK, EWP, STD, BBVA, VGK, FEZ)

Posted: May 23, 2012 at 12:20 pm

So much for any great help from the ECB, France, Germany, and any other entity being able to help the Euro stay together.  Rumors have been out that nations have ...
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Are Bank Guarantees Coming For Europe? (NBG, IRE, STD, BBVA, DB, BCS, UBS)

Posted: May 21, 2012 at 2:30 pm

It is never a good thing to see a run on the banks.  That is what the fears were recently indicating in Greece.  The problem is that Spain is a ...
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ECB ‘Actions’ & Threat Of Run On The Banks (NBG, GREK, CCH, IRE, STD, BBVA)

Posted: May 16, 2012 at 11:43 am

The European Central Bank is said to be freezing assets or considering freezing assets or halting monetary policy operations to some banks in Greece as the Greeks consider an exit ...
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Can Greek Banks Survive A Euro Exit? Which PIIGS Are Next?

Posted: May 15, 2012 at 4:01 pm

The Europeans need to make a decision soon.  It is time to deal with Greece, then the markets can decide how they will deal with the Greek banking system.  The ...
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