Latest News on private equities market

JetBlue, Delta seek U.S. OK to suspend flights to 25 U.S. airports

JetBlue, Delta seek U.S. OK to suspend flights to 25 U.S. airports

Delta Air Lines , JetBlue Airways Corp and Spirit Airlines on Tuesday asked the U.S. Transportation Department for approval to suspend flights to more than two dozen U.S. airports.



6 years ago
Fears of surge in coronavirus death toll weigh on S&P, Nasdaq

Fears of surge in coronavirus death toll weigh on S&P, Nasdaq

The S&P 500 and Nasdaq indexes eased on Tuesday as scientists warned of an increase in U.S. coronavirus deaths if states lifted lockdowns too quickly, while healthcare stocks slumped after a sales warning from Merck.



6 years ago
HSBC first-quarter profit halves on increased loan loss provisions due to coronavirus crisis

HSBC first-quarter profit halves on increased loan loss provisions due to coronavirus crisis

HSBC Holdings PLC's first-quarter profit nearly halved from a year-ago, missing estimates, after boosting provisions against bad loans as the coronavirus pandemic hits borrowers worldwide.



6 years ago
U.S. banks battle technology issues in race for $310 billion in new small-business aid

U.S. banks battle technology issues in race for $310 billion in new small-business aid

U.S. bankers racing to grab $310 billion in fresh small-business aid worked through the night on Tuesday, with many battling ongoing technology problems created by 11th hour changes to the first-come-first-served program, multiple bankers said.



6 years ago
S&P 500, Nasdaq retreat as pandemic damage mounts

S&P 500, Nasdaq retreat as pandemic damage mounts

The S&P 500 and Nasdaq erased early gains on Tuesday as a plunge in consumer confidence underlined the extent of the economic damage from the coronavirus pandemic, while healthcare stocks slumped after a sales warning from Merck.



6 years ago
H&M set to permanently close eight shops in Italy

H&M set to permanently close eight shops in Italy

Sweden's H&M is set to permanently close eight of its Italian stores, including two in the country's fashion capital Milan, as it pushes ahead with plans that pre-date the COVID-19 pandemic.



6 years ago
U.S. consumer confidence, exports sink amid coronavirus disruptions

U.S. consumer confidence, exports sink amid coronavirus disruptions

U.S. consumer confidence tumbled to near a six-year low in April as tough measures to curb the spread of the novel coronavirus sharply disrupted economic activity and threw millions of Americans out of work.



6 years ago
Harley boosts cash reserves as coronavirus hits demand

Harley boosts cash reserves as coronavirus hits demand

Harley-Davidson Inc slashed its dividend and halted share buybacks on Tuesday to boost its cash reserves as global lockdowns due to the coronavirus pandemic hit motorcycle demand in the first quarter.



6 years ago
Novartis posts first-quarter sales, profit beat as COVID-19 spurs prescriptions

Novartis posts first-quarter sales, profit beat as COVID-19 spurs prescriptions

Swiss drugmaker Novartis reported rising first-quarter sales and profit that beat analyst expectations and confirmed its 2020 targets as the coronavirus pandemic prompted patients to stock up on their prescriptions in advance.



6 years ago
Harley-Davidson cuts dividend payout, suspends share buybacks

Harley-Davidson cuts dividend payout, suspends share buybacks

Harley-Davidson Inc cut its quarterly dividend to just 2 cents and suspended share buybacks on Tuesday to boost its cash reserves even as it reported a smaller-than-expected decline in quarterly profit.



6 years ago
Southwest posts first quarterly loss in nine years and warns on outlook

Southwest posts first quarterly loss in nine years and warns on outlook

Southwest Airlines Co on Tuesday posted a $94 million quarterly net loss, its first in nine years, and warned of drastic revenue drops ahead as it sought to raise another $2.6 billion to help weather the coronavirus pandemic.



6 years ago
Futures jump with focus on earnings, easing of lockdowns

Futures jump with focus on earnings, easing of lockdowns

U.S. stock index futures rose on Tuesday after a round of quarterly earnings reports brought upbeat signs from Pfizer and respiratory mask-maker 3M for investors increasingly hopeful of a relaunch of business across the economy.



6 years ago
Bavarian premier says Lufthansa CEO's warning should be taken seriously

Bavarian premier says Lufthansa CEO's warning should be taken seriously

The premier of the German state of Bavaria on Tuesday said a warning issued by Lufthansa's CEO - that governments should not have too much influence on the airline - should be taken seriously.



6 years ago
PepsiCo says snacks to ease, not cure its lockdown blues

PepsiCo says snacks to ease, not cure its lockdown blues

PepsiCo Inc warned on Tuesday organic revenue and operating profits would suffer in the second quarter as major buyers of its sodas, such as restaurants, theaters and stadiums, were forced to shut down to help control the spread of the coronavirus.



6 years ago
If money is keeping you awake at night, these 5 small financial moves can ease the tension

If money is keeping you awake at night, these 5 small financial moves can ease the tension

Anyone can take these simple, financial steps in economically tough times. Bonus: Less stress means a better night's sleep.

6 years ago