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KB Financial Group Inc stock price

KB Financial Group Inc latest news:

  • 09/11/2017 14:07:38

    S&P 500 logs 31st closing record of 2017 as stock market bounces in 'relief rally'

    U.S. stocks on Monday kicked off the first full week of trading in September with a bang, underlined by the S&P 500 ending at a record, as a raft of meteorological and geopolitical jitters gave way to a re-emergence of appetite for assets perceived as risky. The S&P 500 index closed up 1.1% at 2,488, marking its first record close since Aug. 7, buoyed by gains in the technology and financials sectors. Financials, as gauged by the PowerShares KBW Bank Portfolio and the Financial Select Sector SPDR ETF booked their best daily rises since June 9, according to FactSet data. Bank stocks benefited from a resurgence in benchmark Treasury yields, with the 10-year Treasury note rising to 2.13%, compared with 2.05% late Friday. Higher yields support a banks's business models. The Dow Jones Industrial Average , meanwhile, jumped about 260 points, retaking is perch above 22,000, while the Nasdaq Composite Index closed up 1.1%. The technology sector has often been viewed as a gauge of Wall Street's tolerance for risk, seeing heavy bidding when investors feel bullish on the market. Monday's bounce was attributed to Hurricane Irma hitting Florida with less force than feared and North Korea refraining from conducting another missile test in the Korean Peninsula, factors that last week had helped push stocks and bonds mostly lower. The relatively milder impact of Hurricane Irma helped insurers, bracing for bigger liabilities from the storm, rally, highlighted by a 3.1% advance in the PowerShares KBW Property & Casualty Insurance Portfolio , a popular exchange-traded fund used to invest in the in the sector. Art Cashin, UBS's director of floor operations, on CNBC described Monday trading as a two-pronged "sigh of relief rally." In corporate news, shares of Apple Inc. bounced 1.8% ahead of what is expected to be the debut of a fresh lineup of iPhones and other products from the Cupertino, Calif.-based tech giant. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/27/2017 13:00:19

    AT&T set to unfurl largest corporate bond sale this year for Time Warner purchase

    AT&T Inc. plans to sell $22.5 billion of corporate debt in seven tranches on Thursday to finance its $85 billion blockbuster deal to acquire Time Warner, according to the Financial Times. But the touted figure could change as the deal is finalized. The merger between Time Warner and AT&T has yet to be completed and is undergoing regulatory scrutiny from the Justice Department. AT&T shares soared after reporting earnings above Wall Street expectations on Wednesday. Analysts say the offering should receive plenty of bids as demand for high-grade corporate credits has been hot, with spreads tightening to record lows.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 06/29/2017 19:23:59

    BRIEF-Blackbird Energy Q3 earnings per share C$0.00

    Blackbird Energy Inc(BKBEF). * Announces third quarter 2017 financial and operating results. * Q3 revenue c$3.3 million. * Blackbird Energy Inc(BKBEF) says q3 revenue of $3.3 million during three months ended April 30, 2017; * Qtrly produced 4.9 mmcf/d of natural gas, 708 bbls/d of condensate, and 69 bbls/d of NGLs.

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