MarketIntelligenceCenter.com (Free subscription) | 25/11/2009
Banco Santander (NYSE: STD) hit a new 52-Week high of $17.85 so far today. Currently the stock is up $0.20 (1.13%) to $17.85 on 1,546,837 shares traded. Today's high is up $12.98 from a 52-Week Low of $4.87. Banco Santander stock has been showing support around $17.42 and resistance in the $17.78 range. Technical i...
Stocks to Watch Today (Free subscription) | 23/11/2009
Herewith, some stories making headlines in the weekend’s print edition of Barron’s magazine (stories require Barron’s subscription): Vito Racanelli writes that you’re likely to outlive your portfolio, so you might want to pick dividend stocks that will last. Vito lists 10, including Banco Santander (STD), Chevron (CVX), and Intel (INTC). Bill [...]
The Business Insider (Free subscription) | 23/11/2009
Despite their reputation as risky bets, many emerging-market banks--along with their countries' economies in general--fared much better during the last two years than their more "developed" cousins. Even within the developed world, there are dramatic differences between the performance of banks that took on too much risk and those that did not, with some banks having nearly destroyed their...
Smart Card Alliance (Free subscription) | 18/11/2009
Multi-application card boosts digital signature adoption Cartes & IDentification, Villepinte, France, Nov 18, 2009 –Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, today announced a milestone of four million students now using the university smart card it is developing for Santander Universities Global Division of Banco Santander. This university smart card (USC)...
Business Wire (Free subscription) | 18/11/2009
VILLEPINTE, France--(BUSINESS WIRE)--Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, today announced a milestone of four million students now using the university smart card it is developing for Santander Universities Global Division of Banco Santander. This university smart card (USC) acts as an identity credential in 200 universities around the world and is key to a number...
DealBreaker (Free subscription) | 11/11/2009
Admit it: You're bummed that the Bear Stearns fraud trial has ended in a flash of prosecutorial incompetence and 12 potential clients for Ralph Cioffi and Matthew Tannin. We are, too. But fear not, friends, there's an embarrassment of hedge fund fraud riches out there to continue to follow, and we thought we'd offer a Readers' Digest of the (alleged) scams and scandals still making news. Madoff: Let's...
The Business Insider (Free subscription) | 11/11/2009
Citizens of Brazil woke up this morning with electric power restored, after last night's freak outtage. It's still not clear what happened, except that somehow power from the country's gigantic hydro-electric dam failed to transmit. Whatever the cause -- some initially suspected hacking or cyberterrorism, though there's no indication of that -- it's a gigantic black eye for a country emergin onto...
MarketIntelligenceCenter.com (Free subscription) | 03/11/2009
Banco Santander (NYSE: STD) opened at $15.62. So far today, the stock has hit a low of $15.58 and a high of $15.82. STD is now trading at $15.77, down $0.49 (-3.01%). Over the last 52 weeks the stock has ranged from a low of $4.87 to a high of $17.59. Shares of STD are declining on reports that the company may be interested in buying the small- and medium-sized business ...
Calculated Risk (Free subscription) | 02/11/2009
From the Independent: Darling prepares to unveil bank shake-up Chancellor Alistair Darling will this week unveil his proposed overhaul of the UK banking system which includes breaking up Lloyds and Royal Bank of Scotland and bringing "at least" three new banks to the high street. ... The two banks "will be divesting some of the holdings they have at the moment. What you really want to...
Hedge Fund Jobs (Free subscription) | 29/10/2009
Business Invested in Brazil Rising I know of several entrepreneurs, investment banks and hedge funds who are actively investing in Brazil or making plans to do so. Our company has a full time employee based in Brazil and we meet with fund managers within the area. I still believe that Brazil is underestimated within the shadow of China and I believe that Sao Paulo is going to emerge as a top 5 financial...
The Business Insider (Free subscription) | 29/10/2009
Latin America's leading country escaped the financial crisis relatively unscathed and is reporting economic figures America can only dream of. Brazil literally feeds the world with its products and has far fewer crisis scenarios to worry about than countries such as the U.S., China, and Japan. While the stock market is on fire and the timing may not be perfect, the story of Brazil is a multi-decade...
Banking Times: Daily Banking News (Free subscription) | 29/10/2009
Banco Santander, which owns Abbey, Alliance & Leicester and Bradford & Bingley, has reported attributable profit of €2.2 billion for the third quarter of 2009. The performance came in level with a year earlier, leaving the group on track to achieve its earnings target of €8.8 billion by the year end. Provision for bad debt and impairments [...]
PR News Wire (Free subscription) | 28/10/2009
SAO PAULO, Brazil, Oct. 28 /PRNewswire-FirstCall/ -- Banco Santander (Brasil) S.A. (NYSE: BSBR) reported net profit of R$ 3.917 billion in the first nine months of 2009, an increase of 30.3% compared to the R$ 3.007 billion recorded in the same period last year, according to International Financial Reporting Standards (IFRS). This evolution was better than in the first half of 2009, when profit growth...
DealBook (Free subscription) | 28/10/2009
Banco Santander, the biggest lender in Spain and one of the largest in the euro zone, said Wednesday that net profit for the third quarter had held steady with a year ago, up just 0.7 percent, as the bank's operations abroad protected it against the bad loans dragging down the Spanish economy.
The Earth Times Online Newspaper (Free subscription) | 28/10/2009
SAO PAULO, Brazil, Oct. 28 -- Banco Santander (Brasil) S.A. (NYSE: BSBR) reported net profit of R$ 3.917 billion in the first nine months of 2009, an increase of 30.3% compared to the R$ 3.007 billion recorded in the same period last year, according to...
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