Browsing Tag

retail

Wall Street lukewarm on HSBC’s U.S. retail exit

LONDON - HSBC announced on Wednesday that it would end its money-losing US retail business, which Wall Street analysts received with lukewarm applause.Europe's largest bank in terms of assets will be selling some parts of its mass market…

Stock futures are flat ahead of more retail earnings

US stock futures were unchanged in overnight trading on Tuesday before more retail profits were made.Dow futures fell around 40 points. S&P 500 futures gained 0.15% and Nasdaq 100 futures gained 0.1%.On Tuesday, key averages ended the…

Retail earnings and consumer spending

Investors will learn more about the ongoing impact of the pandemic on the consumer economy as retailers prepare to release quarterly earnings reports, CNBC's Jim Cramer said Friday.The industry will have its time in the Wall Street…