Google Inc. (Nasdaq:GOOG) catches another one, buys private photo sharing/backup app Odysee; HSBC Holdings plc (NYSE:HSBC), Credit Suisse Group AG (NYSE:CS)

Google Inc. (Nasdaq:GOOG) catches another one,  buys private photo sharing/backup app Odysee. Google (Nasdaq:GOOG) has bought  private photo sharing/backup app Odysee. On its corporate web site Odysee said: "We are excited to share that the Odysee Platform Team will be joining the Google+ Team. Odysee’s vision was to be the easiest way for everyone to capture unlimited memories and access them everywhere. We are very excited to join Google where we'll continue to focus on building amazing products that people love. Our deepest thanks to every one of our users. To help you with the transition, the Odysee service will continue till Feb 23rd and soon after that all your photos and videos will be available as a downloadable archive." The closing for GOOG was $531.00 at the day’s end. It was a change of $3.42. GOOG saw a market cap of $361.17B and its Trailing P/E was 25.26.

 

Yes, it was control failure at Swiss unit, says HSBC Holdings plc (NYSE:HSBC).  According to a Reuters report, HSBC Holdings plc (NYSE:HSBC) admitted failings concerning its Swiss subsidiary in response to media reports that the bank aided wealthy clients to avoid taxes and conceal assets. According to the Reuters report, HSBC said regarding the matter, "We acknowledge and are accountable for past compliance and control failures." HSBC traded in the green and closed at $47.08 for the day. The stock saw a change of $0.01(0.02%) with a volume of 1,475,653 shares. HSBC has a market cap of $190.04B.

 

Is Credit Suisse Group AG (NYSE:CS) planning to start boutique finance company? WSJ says yes. Credit Suisse Group AG (NYSE:CS) is planning to start a boutique finance company that invests in the unrated debt of small or midsize U.S. companies, says the Wall Street Journal. CS is part of the Financial sector in Foreign Money Center Banks industry. The stock closed for the day at $21.77 with a change of $0.18 or 0.82%. CS traded in a range of $21.64 to $21.95   through the day. The stock’s 52 week range is $21.01 to $33.23.