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Ticker Summary (HBC)
| 50.68+0.32 (+0.64%) | |
|---|---|
| Open | 50.78 |
| High | 50.99 |
| Low | 50.35 |
| Volume | 1,706,808 |
| Market Cap | N/A |
| 52 Week High | 64.42 |
| 52 Week Low | 43.25 |
| P/E | N/A |
| F P/E | 8.96 |
| EPS | N/A |
| Dividend | 1.30 |
| Yield | 2.58% |
| 1 Year Target | 56.54 |
HBC 50.68 +0.64%
Despite massive losses related to sub-prime loans, HSBC Holdings reported on Monday that its profit rose by 21 percent in 2007. HSBC noted that its 2008 outlook is uncertain and expects current market conditions to get continue to get much worse before improving. HSBC is now forecasting a turnaround may not happen until the end of 2009.
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