Gap forecasts return to sales growth in 2021, sending shares higher despite sales miss
A man walks past a store on January 12, 2021 in New York City. Angela Weiss | AFP | Getty Images Gap Inc. on Thursday […]
Earnings
Chinese electric car start-up Li Auto expects to sell fewer cars than Nio has been delivering
A Li Xiang One hybrid SUV is on display during the 18th Guangzhou International Automobile Exhibition on November 23, 2020 in Guangzhou, China. Li Zhihao […]
Rising interest rates may continue to test the stock market in the week ahead
Traders on the floor of the New York Stock Exchange Source: The New York Stock Exchange The tug-of-war between stocks and rising bond yields could […]
Dow climbs 400 points as rally in recovery plays gains steam, Boeing pops 7%
The stock market staged another big intraday comeback on Wednesday as investors continued to piled into names sensitive to an economic comeback, while looking past […]
HSBC pays dividends again after beating estimates on 2020 profit
HSBC building in the Canary Wharf district of London, U.K. Leon Neal | AFP | Getty Images HSBC on Tuesday reported full-year earnings for 2020 […]
European banks have been resilient during the Covid crisis, but still face 2 major challenges
People wearing face masks walks in Frankfurt am Main, western Germany, as the European Central Bank headquarter can be seen in the background. YANN SCHREIBER […]
Britain’s top warehouse specialist posts 62% profit surge as firms scramble for space
A lady walks past a click and collect sign in Birmingham during the nationwide lockdown. Nathan Stirk | Getty Images News | Getty Images LONDON […]
Credit Suisse swings to fourth-quarter loss, weighed down by provisions for a U.S. legal dispute
LONDON — Credit Suisse swung to a better-than-expected loss in the fourth quarter of 2020, on the back of higher provisions for legal disputes. The […]
Stock futures dip slightly ahead of initial jobless claims data
Traders on the floor of the New York Stock Exchange Source: The New York Stock Exchange Stock futures moved lower on Wednesday evening ahead of […]