Navigate this market better. Subscribe for FREE stock alerts and information.

Tuesday, December 11, 2012

Takeover Digest - Wall Street Journal - Dec 11, (NYSE: HBC)

The following are the top stories in the Wall Street Journal on Tuesday. Reuters has not verified these stories and does not vouch for their accuracy. * The Manhattan U.S. attorney's office has launched a broad criminal investigation into whether seven corporate executives cited in a recent Wall Street Journal article traded improperly in shares of their own company's stock, according to a person familiar with the matter. ()* HSBC Holdings Plc plans to acknowledge that for years it ignored possible money laundering, part of a record $1.9 billion settlement with U.S. authorities that caps the bank's disastrous foray into the U.S. market. ()

HSBC Holdings plc is a banking and financial services organization. Shares of HBC fell by 0.27% or $-0.14/share to $51.54. In the past year, the shares have traded as low as $36.67 and as high as $52.14. On average, 1535770 shares of HBC exchange hands on a given day and today's volume is recorded at 1116186.