Date: Tuesday, February 18th, 2020
Stock(s) mentioned: HSBC
Source: MarketWatch (https://www.marketwatch.com)
Summary: HSBC Holdings PLC’s 2019 net profit plunged 53% due to a substantial amount of goodwill impairment, the bank said Tuesday, as it plans to introduce a slew of measures to cut down costs and restructure the company.
Full article address: http://www.marketwatch.com/news/story.asp?guid=%7BEB521074-520E-11EA-B5C7-52AF3B60D99D%7D
$SPX $INFO $BCS $HSBC: U.S. stock futures and European stocks are falling after President Donald Trump warned of a difficult two weeks ahead and health officials in that country predicted up to 250,000 deaths from the coronavirus outbreak.