Money & Markets

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HSBC warns of risks to world economic growth as profit dives
HONG KONG (AP) -- London-based bank HSBC reported Tuesday that its annual profit slumped following a year it said would be remembered for "unexpected economic and political events" and warned of risks in 2017 to the global economy's continuing recovery....

Eurozone growth seen running at near 6-year high
LONDON (AP) -- A closely watched survey is showing that the economic recovery in the 19-country eurozone has accelerated in February and that growth is running at a near six-year high....

Hong Kong Disneyland posts 2016 loss on tourism softness
HONG KONG (AP) -- Hong Kong Disneyland posted a wider annual loss on Monday as attendance by mainland Chinese tourists dropped amid a softer tourism market....

Asian shares muted ahead of earnings, Fed minutes this week
HONG KONG (AP) -- Asian stocks were muted on Monday as a lack of fresh leads kept investors on the sidelines while they awaited economic and corporate earnings reports and Fed meeting minutes due out this week....

Kraft Heinz, TrueCar rise; Campbell Soup, Nu Skin fall
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Friday:...

Fannie Mae to pay Treasury $5.5 billion after profit doubles
NEW YORK (AP) -- Fannie Mae said Friday that it will pay the U.S. Treasury a $5.5 billion dividend next month after its profit doubled in its latest quarter....

Declining sales force, revenue send Avon shares tumbling
NEW YORK (AP) -- Shares in Avon Products plunged 20 percent as sales at the cosmetics company continued a long slide and the number of people selling them declined....

Freddie Mac to pay Treasury $4.5B after profit doubles
NEW YORK (AP) -- Freddie Mac said Thursday that it will pay the U.S. Treasury a dividend of $4.5 billion next month after its profit more than doubled in the last quarter....

Nestle earnings weighed down by weak food pricing
GENEVA (AP) -- Pressure on food prices globally weighed on the earnings of consumer goods giant Nestle, which on Thursday said it would step up its drive to cut costs....

PepsiCo sees growth from "guilt-free" items like Baked Lay's
NEW YORK (AP) -- What do Baked Lay's potato chips, Simply Tostitos chips and Diet Mountain Dew have in common? They're all "guilt-free," according to how PepsiCo categorizes them....

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AP Photo/J. Scott Applewhite
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