Target Corp., the second-largest U.S. discount chain, said sales this month started slowly as shoppers face higher gas prices and payroll taxes, mirroring what Wal-Mart Stores Inc. reported last week.
Lloyds Banking Group Plc , Britain’s biggest mortgage lender, tumbled in London trading as the bank said rising funding costs will squeeze profit margins in 2011.
HSBC Holdings Plc, Europe’s largest bank, posted full-year profit that missed analyst estimates as a cost-cutting drive fell short of targets and revenue shrank. The stock slumped in Hong Kong and London.
"Bluntly, I personally see a parallel between an authoritarian U.S. regime, which acts in a discriminatory way in respect of race and in another way in a discriminatory manner in respect of a bank."
- Ian Gordon on Dec 10, 2014