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Recent Articles
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Thomas Storey Fabrications, UK-based steel product supplier, receives £5M funding package from HSBC to purchase a new laser cutter; new equipment is expected to increase onsite energy efficiency, enhance product quality, and improve throughput rates
Published:
November 28, 2023
by Bdaily Business News
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HSBC initiates coverage on Estee Lauder with buy rating and US$180 target, notes impressive track record came to abrupt end after management missteps, but believes brand equity can be salvaged and sales/margins repaired, though not fully for the latter
Published:
November 28, 2023
by Investing.com
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HSBC predicts Bank of England will keep interest rates unchanged until 2025 due to high wage growth and inflation, defying market expectations of rate cuts by mid-2024; inflation could stay high despite falling energy prices, increased business investment
Published:
November 13, 2023
by Pound Sterling Live
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HSBC upgrades Moderna to hold from reduce, but cuts target by US$20 to US$69 after lower-than-expected Q3 EPS; company's fiscal 2023 revenue guidance reflects weaker demand for COVID-19 vaccines, but Moderna plans to launch RSV vaccine in 2024
Published:
November 03, 2023
by Investing.com
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HSBC initiates coverage on Amazon with buy rating and US$160 target, expects improvement in e-commerce margins to levels seen in 2019; Amazon's EBITDA expected to grow at 30% CAGR from 2022 to 2025, supported by around 12% organic revenue growth
Published:
November 03, 2023
by Investing.com
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