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.
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.
HSBC Holdings Plc, Europe’s largest bank, may say first-quarter pretax profit rose 5.5 percent as the lender incurred fewer impairment charges on its U.S. business and grew in emerging markets.
"It's a shade worse than was previously rumored."
- Ian Gordon on Aug 19, 2014