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01 Apr, 2020
HSBC Shares Down After Earnings Report
HSBC Holdings plc (NYSE: HSBC) has reported a successful 2017 Fiscal year. Reporting that their profit before tax increased over 140% to $17.17 billion and their adjusted revenue increased to $51.5 billion, which is up 5% from 2016 and their fu..
HSBC ahead in Foreign Investment
HSBC has a three year head start on their foreign investment banking competitors in China due to their management control of their securities venture. Currently, non Chinese groups are limited to only 49% per cent stakes in joint ventures. However, ..
Lufthansa Buys Stake in Air Berlin
On Thursday, Lufthansa signed a $249 million deal to buy parts of Air Berlin to use their assets and quickly expand their Eurowings budget business. Following this announcement, shares of Lufthansa jumped more than 3% marking their highest level in ..
U.S. Industrial Output Expected to Show Gains
Experts believe that the U.S. Industrial output numbers could give cause for celebration. The numbers are expected to show a gain. Preliminary numbers promise to make good these expectations.As far as industrial activity goes. the numbers have shown..
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