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HSBC Holdings PLC

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  • Where the Layoffs Are—Is Your Firm on the List? Monday, 17 Nov 2008 | 10:52 AM ET

    The latest job cuts  in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.

  • Where the Layoffs Are—Is Your Firm on the List? Friday, 14 Nov 2008 | 4:10 PM ET

    Markets are braced for more hemorrhaging in jobs, with a Friday employment report expected to record 200,00 more jobs vaporized in October. This would push the jobless rate up two-tenths of a point to 6.3 percent.

  • Stocks Close Lower As Early Rally Fizzles Monday, 10 Nov 2008 | 3:52 PM ET

    Stocks closed lower as investors worried about the global economic downturn and enthusiasm for China's deep-pocketed stimulus plan faded.

  • Where the Layoffs Are—Is Your Firm on the List? Monday, 10 Nov 2008 | 2:12 PM ET

    Markets are braced for more hemorrhaging in jobs, with a Friday employment report expected to record 200,00 more jobs vaporized in October. This would push the jobless rate up two-tenths of a point to 6.3 percent.

  • China Plan Juices Stocks; Techs Skid Monday, 10 Nov 2008 | 11:42 AM ET

    Stocks shot out of the gate Monday, boosted by China's massive stimulus plan.  Techs sat out the rally, dragged down by Dish Networks after the satellite TV provider's dismal results and Google after Microsoft announced a deal with Sun.

  • HSBC Profit Up on Year Despite $4.9 Billion US Hit Monday, 10 Nov 2008 | 11:31 AM ET

    Europe's biggest bank HSBC Holdings said its profit in the third quarter was ahead of a year earlier as growth in Asia helped offset almost $5 billion in bad debts on U.S. home loans and asset write downs.

  • Stocks Rally on China Plan, AIG News Monday, 10 Nov 2008 | 11:09 AM ET

    Stocks shot out of the gate Monday, helped by developments in the financial sector and China's near-$600 billion economic stimulus plan, announced over the weekend.

  • Futures Jump on China Plan, AIG News Monday, 10 Nov 2008 | 8:29 AM ET

    Stock index futures pointed to a sharp rally at the open Monday, thanks in part to China announcing a near-$600 billion economic stimulus plan over the weekend.

  • Where the Layoffs Are—Is Your Firm on the List? Friday, 7 Nov 2008 | 5:24 PM ET
    Street crowd

    Markets are braced for more hemorrhaging in jobs, with a Friday employment report expected to record 200,00 more jobs vaporized in October. This would push the jobless rate up two-tenths of a point to 6.3 percent.

  • Bank of England Could Keep Cutting to 0% Thursday, 6 Nov 2008 | 7:29 AM ET

    The Bank of England's Monetary Policy Committee cut interest rates by a surprising 150 basis points, the deeper cut since the bank became independent in 1997, to help the economy fend off a recession.

  • Banks Seeking—And Getting—Capital Infusion Monday, 27 Oct 2008 | 9:12 AM ET

    Hong Kong dropped 12 percent to its lowest level in 5 years, S&P futures have swung in a 60 point range this morning, though they are well off their lows.

  • Financial Contagion Spreads in Europe Monday, 6 Oct 2008 | 3:53 AM ET

    European nations scrambled on Sunday night to prevent a growing credit crisis from bringing down major banks and alarming savers as troubles in financial markets spread around the world, accelerating economic downturns on three continents, the New York Times reported.

  • Dow Jumps 200 Points as Bailout Deal Nears Thursday, 25 Sep 2008 | 5:14 PM ET

    Stocks logged a 200-point gain amid news that lawmakers are close to reaching an agreement on a Wall Street bailout.

  • Stocks Soar as Congress Nears Bailout Agreement Thursday, 25 Sep 2008 | 4:00 PM ET

    Stocks shot up after a report that lawmakers are very close to reaching an agreement on a Wall Street bailout.

  • Bailout Hopes Boost Dow; GE Rebounds Thursday, 25 Sep 2008 | 1:02 PM ET

    Stocks rallied Thursday amid hopes that a bailout will get passed this week. However, gains were curbed by worries about General Electric's lowered outlook and misses in two key economic stats.

  • Stocks Rally Amid Hopes for Bailout Thursday, 25 Sep 2008 | 10:22 AM ET

    Stocks opened higher Thursday amid hopes that a bailout will get passed today. However, gains were curbed by worries about General Electric's lowered outlook and misses in two key economic stats.

  • Jobless, Durables Stats Clip Gains in Futures Thursday, 25 Sep 2008 | 9:26 AM ET

    Futures cut their gains in half after two economic reports — jobless claims and durable-goods orders — missed their targets and General Electric lowered its outlook. But they still pointed to a higher open for Wall Street as hopes for progress on the government's proposed bailout for the financial system grew, despite uncertainty about how the $700 billion plan would work.

  • Asian Markets Are Jittery as US Bailout Doubts Persist Wednesday, 24 Sep 2008 | 5:51 AM ET

    Asian stock markets were jittery Wednesday, as fears that U.S. lawmakers will stall a proposed $700 billion bailout of the battered financial sector haunted investors and a firmer yen hurt Japanese exporters.

  • Washington Mutual Talking With Multiple Suitors Tuesday, 23 Sep 2008 | 2:52 PM ET

    Washington Mutual, the large U.S. savings and loan beleaguered by mortgage losses, is pressing ahead for a takeover deal by talking to multiple suitors, as well as exploring options to raise capital, sources familiar with the situation said Tuesday.

  • What's Next, Banning Long Buying? Friday, 19 Sep 2008 | 8:50 AM ET

    Here's the sweet part: it's a quadruple witching expiration!! Options desks are frantic, because everyone has to cover their short calls in financials.