HSBC Holdings, the largest banking group in Europe and Hong Kong by assets, on Wednesday reported a 7 per cent decline in profit last year, as bad debt in commercial property and lawsuits related to the Bernard Madoff fraud case offset strong growth in its wealth business. Pre-tax profit in 2025 dropped to US$29.9 billion from US$32.3 billion a year earlier, or US$1.21 per share, the lender said i...
HSBC Holdings, the largest banking group in Europe and Hong Kong by assets, on Wednesday reported a 7 per cent decline in profit last year, as bad debt in commercial property and lawsuits related to the Bernard Madoff fraud case offset strong growth in its wealth business. Pre-tax profit in 2025 dropped to US$29.9 billion from US$32.3 billion a year earlier, or US$1.21 per share, the lender said in a filing to the Hong Kong stock exchange. The result was higher than analysts’ estimates of...
Funtap/iStock via Getty Images Market Review Munis logged a quarterly gain. Municipal bonds (munis) delivered their second straight quarterly gain, improving year-to-date performance. A favorable technical backdrop, combined with continued inflows and Federal Reserve easing, helped support the asset class. Economy remained resilient. The government shutdown canceled or delayed key economic data, b...
Funtap/iStock via Getty Images Market Review Munis logged a quarterly gain. Municipal bonds (munis) delivered their second straight quarterly gain, improving year-to-date performance. A favorable technical backdrop, combined with continued inflows and Federal Reserve easing, helped support the asset class. Economy remained resilient. The government shutdown canceled or delayed key economic data, but available metrics indicated resilience. The U.S. economy gathered strength in the third quarter, logging an annualized growth rate of 4.3%, compared with 3.8% in the second quarter. Other data released in the fourth quarter showed economic activity slowed but generally remained expansionary. Munis outperformed Treasuries. Longer-maturity municipal bond yields declined for the quarter, which helped investment-grade munis outperform Treasuries. Additionally, the yield curve flattened, general obligation bonds outperformed revenue bonds and longer-maturity munis broadly outpaced shorter-maturity issues. Most states' finances were sound. Overall, solid financial market performance has kept most states' reserve balances on solid ground. Many states expect to draw down surplus funds as pandemic-era federal support wanes and budget challenges emerge. Additionally, federal budget cuts will lead to higher Medicaid costs, but the extended timeline for implementation may offset funding gaps. Issuance remained robust. Fourth-quarter municipal bond issuance totaled $141.6 billion, down from $155 billion in the third quarter but slightly higher compared with 2024's final quarter. Issuance in the latest quarter was particularly heavy in the electric power and energy prepay sectors. Total muni issuance in 2025 topped $580 billion, a 13% increase compared with 2024, according to SIFMA. High-yield munis underperformed. Municipal credit spreads remained fairly steady for the quarter. High-yield municipal bond returns advanced but lagged investment-grade munis for the period. Meanwhile, rat...
U.S. and Iranian negotiators are set to meet again later this week, and President Donald Trump made a clear ask of Tehran in his State of the Union speech on Tuesday night ahead of those talks.
U.S. and Iranian negotiators are set to meet again later this week, and President Donald Trump made a clear ask of Tehran in his State of the Union speech on Tuesday night ahead of those talks.
(RTTNews) - Indian shares followed global peers higher on Wednesday as AI disruption worries eased and investors looked ahead to Nvidia's earnings report later in the day for fresh signals on the durability of artificial intelligence demand.
(RTTNews) - Indian shares followed global peers higher on Wednesday as AI disruption worries eased and investors looked ahead to Nvidia's earnings report later in the day for fresh signals on the durability of artificial intelligence demand.
The average one-year price target for Inuvo (NYSEAM:INUV) has been revised to $7.24 / share. This is a decrease of 28.10% from the prior estimate of $10.07 dated February 1, 2026. The price target is an average of many targets provided by analysts. The latest
The average one-year price target for Inuvo (NYSEAM:INUV) has been revised to $7.24 / share. This is a decrease of 28.10% from the prior estimate of $10.07 dated February 1, 2026. The price target is an average of many targets provided by analysts. The latest
The average one-year price target for Hershey (NYSE:HSY) has been revised to $232.65 / share. This is an increase of 15.42% from the prior estimate of $201.58 dated February 1, 2026. The price target is an average of many targets provided by analysts. The late
The average one-year price target for Hershey (NYSE:HSY) has been revised to $232.65 / share. This is an increase of 15.42% from the prior estimate of $201.58 dated February 1, 2026. The price target is an average of many targets provided by analysts. The late
The average one-year price target for Alphabet (BIT:1GOOG) has been revised to €313.53 / share. This is an increase of 10.50% from the prior estimate of €283.75 dated February 3, 2026. The price target is an average of many targets provided by analysts. The la
The average one-year price target for Alphabet (BIT:1GOOG) has been revised to €313.53 / share. This is an increase of 10.50% from the prior estimate of €283.75 dated February 3, 2026. The price target is an average of many targets provided by analysts. The la
The average one-year price target for Kulicke and Soffa Industries (NasdaqGS:KLIC) has been revised to $68.00 / share. This is an increase of 24.61% from the prior estimate of $54.57 dated February 1, 2026. The price target is an average of many targets provid
The average one-year price target for Kulicke and Soffa Industries (NasdaqGS:KLIC) has been revised to $68.00 / share. This is an increase of 24.61% from the prior estimate of $54.57 dated February 1, 2026. The price target is an average of many targets provid