Latest News on private equities market

America Movil posts 63% jump in fourth-quarter net profit

America Movil posts 63% jump in fourth-quarter net profit

America Movil , the Mexican telecommunications giant, on Tuesday reported a fourth-quarter net profit of 21.19 billion pesos ($1.12 billion), up 63% from the same period last year.



6 years ago
FAA agrees it must boost safety oversight for Southwest Airlines

FAA agrees it must boost safety oversight for Southwest Airlines

The U.S. Federal Aviation Administration says it should have done a better job of ensuring Southwest Airlines Co had certified completion of maintenance on 88 used Boeing 737 jets, as noted in a report by the U.S. Transportation Department's Inspector General released on Tuesday.



6 years ago
Boeing executive says tough to see air cargo growth this year due to virus

Boeing executive says tough to see air cargo growth this year due to virus

The air cargo market is unlikely to grow this year because of the challenges posed in the China market due to the coronavirus, a senior executive at Boeing Co said on Wednesday.



6 years ago
SoftBank stock surges to seven-month high after judge OKs Sprint-T-Mobile merger

SoftBank stock surges to seven-month high after judge OKs Sprint-T-Mobile merger

SoftBank Group Corp stock surged to its highest price in over half a year in Tokyo on Wednesday, after a U.S. federal judge rejected an antitrust challenge to the proposed takeover of subsidiary Sprint Corp by T-Mobile US Inc .



6 years ago
Oil jumps as slowdown in new China coronavirus cases eases fuel demand concerns

Oil jumps as slowdown in new China coronavirus cases eases fuel demand concerns

Oil prices climbed on Wednesday as China reported its lowest daily number of new coronavirus cases since late January, stoking investor hopes that fuel demand in the world's second-largest oil consumer may begin to recover from the epidemic.



6 years ago
Rolls-Royce 'open-minded' on new Boeing mid-market jet study: executive

Rolls-Royce 'open-minded' on new Boeing mid-market jet study: executive

Rolls-Royce is "open-minded" on whether it will join Boeing in a fresh attempt at addressing the midsize jet market after pulling out of an earlier effort over timing, a top company official said on Wednesday.



6 years ago
Lyft forecasts slower growth in 2020, leaves target profit date unchanged

Lyft forecasts slower growth in 2020, leaves target profit date unchanged

Lyft Inc on Tuesday forecast slower revenue growth in the new year and the company refused to match larger rival Uber, which recently moved up a key profit target by a year, sticking to its later date of projected profitability.



6 years ago
WeWork sets hard free cash flow, revenue targets as part of five-year plan

WeWork sets hard free cash flow, revenue targets as part of five-year plan

WeWork on Tuesday brought forward its target of becoming free cash flow positive by a year to 2022 as Chairman Marcelo Claure pushes ahead with his five-year turnaround plan aimed at boosting valuation and winning back investor trust.



6 years ago
NY attorney general considers appealing ruling OK'ing Sprint T-Mobile merger

NY attorney general considers appealing ruling OK'ing Sprint T-Mobile merger

New York Attorney General Letitia James said Tuesday the state may appeal a court ruling approving a merger between No.3 and No.4 wireless carriers T-Mobile US Inc and Sprint Corp.



6 years ago
S&P 500, Nasdaq notch new records on optimism coronavirus may plateau soon

S&P 500, Nasdaq notch new records on optimism coronavirus may plateau soon

The S&P 500 and the Nasdaq indexes hit record highs on Tuesday as a top Chinese health adviser sparked expectations that the coronavirus outbreak may be peaking, while T-Mobile shares jumped after a federal judge approved its purchase of Sprint.



6 years ago
Samsung unveils compact foldable phone, 5G Galaxy S to fend off Apple, Huawei

Samsung unveils compact foldable phone, 5G Galaxy S to fend off Apple, Huawei

Samsung Electronics on Tuesday unveiled a foldable smartphone shaped like a large makeup compact and put 5G mobile network capabilities into all of its other flagship devices as it strives to retain the mantle of biggest global phone company.



6 years ago
Google takes on EU in court over record antitrust fines

Google takes on EU in court over record antitrust fines

Google will on Wednesday seek to overturn the first of three hefty European Union antitrust fines at Europe's second-highest court in a landmark case that could determine how EU enforcers take on U.S. tech giants for abuse of market power.



6 years ago
U.S. FAA agrees it must boost safety oversight for Southwest Airlines

U.S. FAA agrees it must boost safety oversight for Southwest Airlines

The U.S. Federal Aviation Administration says it should have done a better job of ensuring Southwest Airlines Co had certified completion of maintenance on 88 used Boeing 737 jets, as noted in a report by the U.S. Transportation Department's Inspector General released on Tuesday.



6 years ago
From $300 T-shirts to retail arbitrage, online entrepreneurs can make serious bank doing what they love

From $300 T-shirts to retail arbitrage, online entrepreneurs can make serious bank doing what they love

For some entrepreneurs online reselling starts as a hobby or a closet clearing project. Then it becomes a side hustle or a full-time profession.

6 years ago
This Wall Street legend's 10 rules for investing are very applicable to today's bull market

This Wall Street legend's 10 rules for investing are very applicable to today's bull market

Bob Farrell's 10 rules for investing are still passed around on Wall Street today and ring true to the current bull market.

6 years ago