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Bloomberg HSBC Shares Surge on Dividend Bets as Turnaround Gains Steam (Bloomberg) — HSBC Holdings Plc shares surged as much as 8% in Hong Kong trading on optimism Europe’s biggest lender may soon resume paying dividends as a turnaround gathers speed.The shares rose 6.8% to HK$42.45 as of 11:54 a.m. in Hong Kong, paring this year’s decline to 30%. They gained 4.1% in London on Tuesday.“This is mainly due to the change in market expectation, as HSBC’s operating conditions aren’t as… Source link

Tuesday, November 24, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Aggregate earnings don’t tell the whole story. Third quarter earnings season is wrapping up. Through Friday, earnings per share for S&P 500 companies was down 6.3% over last year, the fourth-biggest quarterly drop since 2009, according to data from FactSet. This will also mark the sixth time in the last seven quarters that year-over-year earnings fell, with tax cuts in… Source link

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Bitcoin investors, which include top hedge funds and money managers, are betting the virtual currency could more than quintuple to as high as $100,000 in a year. It’s a wager that has drawn eye-rolls from skeptics who believe the volatile cryptocurrency is a speculative asset rather than a store of value like gold. Since January, bitcoin has gained 160%, bolstered by strong institutional demand as well as scarcity as payment companies such as… Source link

The Guardian Steve Dalkowski: the life and mystery of baseball’s flame-throwing what-if Many believe the lefthander was the fastest pitcher to ever take the mound. But his career – and life – went off the rails before he could make an impactSteve Dalkowski, a career minor-leaguer who very well could have been the fastest (and wildest) pitcher in baseball history, died in April at the age of 80 from complications from Covid-19. And yet, partly because of one missing detail, his legend lives… Source link

The Baltimore Ravens beat the Indianapolis Colts, 24-10, on Nov. 8. That win brought their record to 6-2, with five victories coming by 14 or more points. The only losses were to the Kansas City Chiefs and Pittsburgh Steelers, the two best teams in the NFL. The thought of them missing the playoffs wasn’t on anyone’s mind. The NFL moves fast. In two weeks, the Ravens have taken on two losses — they lost two games the entire 2019 regular season — and suddenly Baltimore is far from a… Source link

Maybe there’s something to the jokes about Tom Brady playing past his bedtime, after all. Brady struggled again in prime time. His interception to Los Angeles Rams safety Jordan Fuller in the final two minutes, on a deep pass that wasn’t close to intended receiver Cameron Brate, sealed the 27-24 win for the Rams. The Buccaneers are 1-3 in prime time this season, with only an unimpressive close win over the New York Giants saving them from being winless. Brady started well, but late at… Source link

A Detroit-area brewery canceled production of a new beer on Monday, one day after it was announced following the threat of legal action from Hall of Famer Barry Sanders. The Eastern Market Brewing Co. announced the “Same Old Lager” on Sunday, a Detroit Lions-themed beverage it made that featured Sanders on the can in an 8-bit version. His name nor the Lions’ name is on the can, but it’s clearly the legendary running back. Sanders tweeted out a picture of the can Monday, and said he has… Source link

The world tugs at people who want to leave home. The potential caves in on us, coalescing into pressure: new hobbies, new jobs, better weather, new friends, a newer and better you. It tugged at LeBron James, at Kevin Durant, at Anthony Davis. It does not seem to tug at Giannis Antetokounmpo. He believes he can win without forming a superteam. He doesn’t work out with opponents or have many friends on other teams. He wants to be one of the lucky, patient, industrious players who found a… Source link

TipRanks 3 Monster Growth Stocks That Still Have Room to Run Investors are in the market to make a profit, and that means finding the stocks with proven growth potential. Yes, it’s a cliché to remind everyone that past performance does not guarantee future results, but when a stock consistently shows strong share appreciation, over an extended period, it’s a positive sign for investors.With more than ten months behind us, the stocks that are now showing a combination of strong gains and a… Source link

Free agent center DeMarcus Cousins has agreed to a contract with the Houston Rockets, The Athletic’s Shams Charania reports. ESPN’s Tim McMahon reports that the deal is for one year. Can Cousins rebound after rash of injuries? Cousins, 30 hasn’t played since the 2019 playoffs with the Golden State Warriors during their run to the NBA Finals against the Toronto Raptors. A four-time All-Star and two-time All-NBA player, Cousins’ career has been derailed by injuries since he suffered an… Source link