Tupperware stock plunges after warning it could go out of business | CNN Business

[ad_1] New York CNN  —  Tupperware shares fell nearly 40% in early trading Monday following a bleak warning that its future is looking murky. In a regulatory filing late Friday, the container maker said there’s “substantial doubt about the company’s ability to continue as a going concern,” and that it’s working with financial advisers to … Read more

HSBC’s top execs face tense shareholders calling for a breakup | CNN Business

[ad_1] Hong Kong CNN  —  HSBC’s top brass defended their strategy Monday to frustrated shareholders in the lender’s largest market, as Europe’s biggest bank continued to face calls to be split up. At an informal shareholder meeting in Hong Kong, Chairman Mark Tucker and CEO Noel Quinn took questions from investors on issues ranging from … Read more

China Renaissance suspends trading, delays results after founder’s disappearance | CNN Business

[ad_1] Hong Kong CNN  —  China Renaissance, a top dealmaker in the country’s tech industry, said it would suspend trading of its shares and delay the release of its annual results because it still can’t get in touch with its founder. Bao Fan, 52, started the boutique investment bank in 2005 and has been unreachable … Read more