Latest News on private equities market

The March low may have been the market bottom, says CEO of the world's largest money manager

The March low may have been the market bottom, says CEO of the world's largest money manager

"We could have seen the bottom," BlackRock co-founder and chief Larry Fink told CNBC on Thursday.

6 years ago
Abbott beats quarterly profit, but pulls forecast on coronavirus concerns

Abbott beats quarterly profit, but pulls forecast on coronavirus concerns

Abbott Laboratories beat quarterly profit estimates on Thursday as stay-at-home orders prompted customers to stockpile its nutrition products but the company suspended its full-year forecast due to the coronavirus-fueled uncertainty.



6 years ago
Wall Street rises as Amazon and Netflix hit record highs

Wall Street rises as Amazon and Netflix hit record highs

U.S. stocks rose on Thursday as Amazon.com Inc and Netflix Inc surged to record highs, although trading was choppy as investors worried about the impact of the coronavirus pandemic on first-quarter earnings.



6 years ago
New lira curbs to boost Turkish FX reserves but at longer-term price

New lira curbs to boost Turkish FX reserves but at longer-term price

Turkey's latest squeeze of its $37 billion-a-day London lira market may succeed in boosting scarce hard currency reserves but analysts say it will not stem the lira's decline and that the country's reliance on foreign capital means it could backfire.



6 years ago
Airbus says has received many requests to defer deliveries

Airbus says has received many requests to defer deliveries

Airbus said on Thursday it had received multiple requests from customers to defer deliveries after travel demand collapsed due to the coronavirus epidemic.



6 years ago
U.S. weekly jobless claims top 5.2 million in latest week

U.S. weekly jobless claims top 5.2 million in latest week

Another 5.2 million more Americans sought unemployment benefits last week, lifting total filings for claims over the past month above an astounding 20 million, which would underscore the deepening economic slump caused by the novel coronavirus outbreak.



6 years ago
Coronavirus set to usher in big changes at U.S. offices

Coronavirus set to usher in big changes at U.S. offices

The novel coronavirus may do to U.S. office rentals what e-commerce did to malls, or so goes a line of thinking running through commercial real estate circles.



6 years ago
Futures jump as weekly jobless claims fall

Futures jump as weekly jobless claims fall

U.S. stocks index futures jumped on Thursday after weekly U.S. jobless claims fell to 5.2 million last week from an upwardly revised 6.62 million the week before.



6 years ago
Fed's Bostic: U.S. small business may need up to $500 billion monthly in support through crisis

Fed's Bostic: U.S. small business may need up to $500 billion monthly in support through crisis

U.S. small businesses may need up to $500 billion a month to ensure their survival through the coronavirus crisis, the head of the Atlanta Federal Reserve Bank said on Thursday as Fed officials voiced concern over the speed and breadth of the country's fiscal response to an unprecedented economic slowdown.



6 years ago
Oil prices rise after sharp losses caused by U.S. stockpile surge

Oil prices rise after sharp losses caused by U.S. stockpile surge

Oil prices rose on Thursday after sharp losses in the previous session, with investors hoping that a big build-up in U.S. inventories may mean producers have little option but to deepen output cuts as the coronavirus pandemic ravages demand.



6 years ago
L'Oreal banks on cosmetics bounceback, citing Chinese pick-up

L'Oreal banks on cosmetics bounceback, citing Chinese pick-up

Maybelline make-up manufacturer L'Oreal said on Thursday it was counting on a quick recovery in cosmetics demand once global lockdowns to combat the coronavirus pandemic ease, pointing to a recovery already under way in China.



6 years ago
Op-Ed: Since you can't beat the market, the key is to only take the risk you can handle

Op-Ed: Since you can't beat the market, the key is to only take the risk you can handle

What is an investor to do in the face of unpredictable events like coronavirus? Instead of trying to "beat" the market, the key is to only take the amount of risk you can afford to take financially and psychologically. There are four important principles to follow.

6 years ago
U.S. loan program hits $350 billion cap leaving thousands of small businesses adrift

U.S. loan program hits $350 billion cap leaving thousands of small businesses adrift

A $350 billion emergency U.S. loan program to help small businesses keep workers on their payrolls amid the novel coronavirus disruption has run out of funds, the U.S. Small Business Administration said on Thursday.



6 years ago
Fed's Bostic: Small business may need up to $500 bln monthly in support through crisis

Fed's Bostic: Small business may need up to $500 bln monthly in support through crisis

U.S. small businesses may need as much as $500 billion a month to fully ensure their survival through the widespread closures and disruptions slamming their revenue during the coronavirus crisis, Atlanta Federal Reserve bank President Raphael Bostic said Thursday.



6 years ago
Canceling plans? Here's how to get a refund

Canceling plans? Here's how to get a refund

Amid the coronavirus pandemic, weddings and graduations are postponed, while conferences, concerts, sporting events and vacations are all canceled, leaving many people with out-of-pocket costs.

6 years ago