SHINHAN FINANCIAL GROUP-ADR (NYSE:SHG), Up By 6.85% ($5.83) From $85.050 After BUYINS.NET Report Predicted Stock Would Go Up Du
March 31, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Thursday, March 17th 2011 stating that SHINHAN FINANCIAL GROUP-ADR (NYSE:SHG) was expected to go Up due to the Bullish conditions presented in the following report. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=shg&id=154265
At the time this story was written, SHINHAN FINANCIAL GROUP-ADR (NYSE:SHG) is Up By $5.83 (6.85%) since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following specific fundamental or technical events may follow a predictable pattern. Many companies stock price histories show random or unpredictable movements around certain events. But some seem to repeat the same pattern quarter after quarter, year after year. We use powerful computers to uncover those events and correlations to generate predictions with high probabilities of generating very specific returns within very specific time periods.
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SHINHAN FINANCIAL GROUP-ADR (NYSE:SHG) - Shinhan Financial Group Co., Ltd., together with its subsidiaries, provides financial products and services to corporations, governments, institutions, and individuals in Korea and internationally. The companys deposit products include demand, savings, mutual installment, time, and housing subscription installment savings deposits; certificates of deposit; and time deposits, such as tax savings accounts for high net worth customers, savings accounts for household financing, and foreign currency deposits. Its portfolio of loans comprises mortgage and home equity loans; other consumer loans; working capital loans, which include discounted notes and trade financing; and facilities loans to finance the purchase of equipment and construction of manufacturing plants. The company also offers investment banking services, including initial public offerings, mergers and acquisitions advisory services, bond issuances, underwriting, capital increase, asset-backed securitizations, issuance of convertible bonds and bonds with warrants, structured financing, and issuance of asset-backed commercial papers, as well as project financings involving infrastructure, real estate, and shipbuilding. In addition, it provides leasing and equipment financing services; and brokerage services, including brokerage of stocks, corporate bonds, futures, and options. Further, the company offers treasury and securities investment, trust account management, credit card services, loan collection and credit reporting, asset management, life and non-life insurance, and regional banking services. As of December 31, 2009, it had a network of 925 branches, 942 cash dispensers, and 6,264 ATMs in Korea. The company also operates a network of 52 branches in the United States, Canada, the United Kingdom, Japan, the Peoples Republic of China, Germany, India, Hong Kong, Vietnam, Cambodia, Kazakhstan, and Singapore. Shinhan Financial Group Co., Ltd. was founded in 1982 and is headquartered in Seoul, Korea.
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