From the Wires
The Zacks Analyst Blog Highlights: Google, HSBC Holdings, Goldman Sachs Group, Citigroup and SunTrust Banks
By: PR Newswire
Jan. 23, 2013 09:31 AM
CHICAGO, Jan. 23, 2013 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Google Inc. (Nasdaq:GOOG), HSBC Holdings plc (NYSE:HBC), The Goldman Sachs Group, Inc. (NYSE:GS), Citigroup, Inc. (NYSE:C) and SunTrust Banks, Inc. (NYSE:STI).
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Here are highlights from Tuesday's Analyst Blog:
Google Revs Up 36% Year Over Year
Search engine titan Google Inc. (Nasdaq:GOOG) reported earnings after the bell, and while the results may have not been surprising, they are nevertheless fairly astonishing. The company brought in $14.42 billion over the past three months for a headline EPS read of $10.65 per share.
HSBC Settles Foreclosure Claims
Last week, HSBC Holdings plc (NYSE:HBC) became the latest bank to announce a foreclosure settlement deal with the Office of the Comptroller of the Currency (OCC) and other U.S. banking regulators. The company has agreed to pay $249 million to stop review of wrongful foreclosures in the U.S.
HSBC currently retains a Zacks Rank #3 (Hold).
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About Zacks Equity Research
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Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
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