Stocks To Watch: Ryanair Holdings plc (ADR) (NASDAQ:RYAAY), Volkswagen AG (ADR) (OTCMKTS:VLKAY), and HSBC Holdings plc (ADR) (NYSE:HSBC)
U.S. stocks are set to open higher after FBI cleared charges against Democratic nominee Hillary Clinton. Mrs. Clinton was under scanner over the way classified information was handled.
Ryanair Holdings plc (ADR) (NASDAQ:RYAAY) will be in focus after the company announced buyback of $609 million. The company reported stellar set of numbers which beat analyst’s estimates by a wide margin. Ryanair Holdings plc (ADR)(NASDAQ:RYAAY) has done well to attract customers through cheaper tickets and increasing number of seats.
Volkswagen AG (ADR) (OTCMKTS:VLKAY) is another stock which will be on the radar. Earlier today, German prosecutors said that it will investigate Chairman Hans Dieter Poetsch over suspected market manipulation.
Shares of HSBC Holdings plc (ADR) (NYSE:HSBC) are trading up by 4% in early session. The company’s capital has grown after its capital ratio jumped to 13.9% as of 30th September against 12.1% at the end of June. An expectation of higher reward along with buyback prospect is driving the stock upwards. HSBC Holdings plc (ADR) (NYSE:HSBC) has also asked UK PM Theresa May to clarify on the status of EU nationals. The company expects next year to be tough amid concerns of BREXIT.
Facebook Inc. (NASDAQ:FB)’s Chief Product Officer Christopher K. Cox disposed of 15,600 shares at price of $131.50 whose total value is $2.05 million based on the filing with SEC. Facebook Inc. (NASDAQ:FB)’s stock has fallen by 8.03% in last one week ever since the company announced results.
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