Finance

HSBC falls 3% amid reports that top shareholder Ping An is looking to trim its stake

Shares of HSBC Holdings fell over 3% in Hong Kong on Friday after reports that its top shareholder Ping An…

China consumption slows as retail sales and investment data disappoint

BEIJING — China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.…

Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon

Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat…

Canada Goose jumps 16% after the company reports growth surge in China

Shares of Canada Goose surged 16% on Thursday after the company reported earnings for the fiscal fourth quarter and announced…

The Dow’s road to 40,000 in one chart

The Dow Jones Industrial Average reached a milestone Thursday that seemed unfathomable a year ago. The 30-stock benchmark broke above…

Stocks making biggest moves premarket: Under Armour, Walmart, AMC, GameStop, Canada Goose and more

Check out the companies making headlines in premarket trading. Under Armour — The sportswear maker’s Class A shares slumped 11%…