On 17 October National Bank of Greece (ADR) (NYSE:NBG) may be forced to unload stakes in some of its lucrative assets to shore up its balance sheet. One such asset is Finansbank, which is a Turkish second-tier bank. It is a major profit contributor to National Bank of Greece, which owns about 94.81% stake in it. National Bank of Greece (ADR) (NYSE:NBG) in last trading activity moved down -1.08% to close at $2.76. Company weekly performance is 27.19% while its quarterly performance stands at -19.53%. National Bank of Greece (ADR) (NYSE:NBG) is -57.41% away from its 52 week high.
Abbott Laboratories (NYSE:ABT) the world’s largest maker of heart stents, raised the bottom end of its earnings forecast Wednesday after third-quarter profit rose based on demand for its generic drugs and nutritional products. Full-year adjusted earnings will be $2.25 to $2.27 a share, from $2.19 to $2.29, Abbott said in a statement. Profit excluding one-time items was 62 cents a share, beating the 60-cent average of 17 analyst estimates compiled by Bloomberg. On last trading day Abbott Laboratories (NYSE:ABT) moved down -1.89% to close at $41.59. Its volatility for the week is 2.44% while volatility for the month is 1.86%. ABT’s sales growth for past 5 years was -5.80% and its EPS growth for past 5 years was -13.00%. Abbott Laboratories (NYSE:ABT) monthly performance is -1.63%.
Broadcom Corp. (NASDAQ:BRCM) reported strong third-quarter 2014 results backed by diligent expense management and prudent restructuring initiatives that included the divestiture of the cellular base-band business for renewed focus on the Broadband, Connectivity and Infrastructure markets. GAAP net income for the reported quarter was $98 million or 16 cents per share compared with $316 million or 55 cents per share in the year-ago quarter. GAAP net income for the reported quarter was adversely impacted by asset impairment charges and restructuring costs to the tune of $314 million or 52 cents per share. On last trading day Broadcom Corp. (NASDAQ:BRCM) moved up 5.46% to close at $39.37. Its volatility for the week is 2.65% while volatility for the month is 2.67%. BRCM’s sales growth for past 5 years was 12.30% and its EPS growth for past 5 years was 12.20%. Broadcom Corp. (NASDAQ:BRCM) monthly performance is -1.53%.
Sanford C. Bernstein restated their outperform rating on shares of Diageo plc (NYSE:DEO) in a report issued on Wednesday. They currently have a GBX 2,100 ($33.79) target price on the stock. Diageo plc (NYSE:DEO) institutional ownership stands at 13.00%. In last trading activity company’s stock closed at $112.03.
Indian division of Vodafone Group plc (ADR) (NASDAQ:VOD) a popular British telecom on 19 October has announced a two-day Diwali flash sale for its prepaid consumers in Delhi / NCR. On Wednesday shares of Vodafone Group Plc (ADR) (NASDAQ:VOD) closed at $30.99. Company’s sales growth for last 5 years was -1.30%.