Latest News on private equities market

December bump in oil prices not enough to salvage energy earnings

December bump in oil prices not enough to salvage energy earnings

Investors hoping a late-2019 rise in oil prices will buoy energy stocks are likely to be disappointed when a raft of companies report results in coming weeks.



6 years ago
U.S. farm bankruptcies hit an eight-year high: court data

U.S. farm bankruptcies hit an eight-year high: court data

U.S. farm bankruptcy rates jumped 20% in 2019 - to an eight-year high - as financial woes in the U.S. agricultural economy continued in spite of massive federal bail-out funding, according to federal court data.



6 years ago
U.S. economy growing moderately in fourth-quarter; likely missed Trump's 3% goal in 2019

U.S. economy growing moderately in fourth-quarter; likely missed Trump's 3% goal in 2019

The U.S. economy likely maintained a moderate pace of growth in the fourth quarter, and probably again fell short of attaining the Trump administration's coveted but elusive 3% annual growth target because of slumping business investment amid damaging trade tensions.



6 years ago
Levi's shuts half its China stores on coronavirus outbreak, expects financial hit

Levi's shuts half its China stores on coronavirus outbreak, expects financial hit

Levi Strauss & Co has shut about half of its stores in China due to the outbreak of a new coronavirus and will take a near-term financial hit as a result of the epidemic, Chief Financial Officer Harmit Singh said on Thursday.



6 years ago
Wall Street reverses course to end higher after WHO comments

Wall Street reverses course to end higher after WHO comments

U.S. stocks rebounded late to close higher on Thursday after the World Health Organization (WHO) declared the China coronavirus a global emergency, while earnings painted a mixed picture.



6 years ago
Amazon holiday sales jump as one-day shipping quadruples, stock up 13%

Amazon holiday sales jump as one-day shipping quadruples, stock up 13%

Amazon.com Inc on Thursday said its sales jumped during the holiday season and profit far exceeded expectations, as the world's biggest online retailer shortened delivery times and drew more shoppers to its loyalty club Prime.



6 years ago
Skywest orders 20 old-generation Embraer jets as order for newer jets remains paused

Skywest orders 20 old-generation Embraer jets as order for newer jets remains paused

Brazilian planemaker Embraer SA said on Thursday that U.S. regional carrier SkyBest Inc had signed a firm order for 20 E175 planes from the E1 generation, worth close to $1 billion, as an order for a newer, more efficient plane remains in limbo.



6 years ago
Visa quarterly revenue misses, expenses rise

Visa quarterly revenue misses, expenses rise

Visa Inc missed analysts' estimates for revenue and posted a 14% rise in operating expenses for the first quarter on Thursday, sending its shares down nearly 2%.



6 years ago
After dismal 2019, Samsung pins modest recovery hopes on chip market pick-up

After dismal 2019, Samsung pins modest recovery hopes on chip market pick-up

Samsung Electronics Co is counting on a gradual recovery in memory chip demand from data centers and 5G smartphone makers to help it bounce back in 2020 after sliding to its worst operating profit in four years.



6 years ago
Global stocks, oil tumble on fears virus to hurt China's economy

Global stocks, oil tumble on fears virus to hurt China's economy

Global equity markets tumbled on Thursday as the death toll from China's coronavirus outbreak hit 170, pummeling oil prices and inverting a closely watched bond as investors worried about the world's second-largest economy.



6 years ago
Oil falls to new three-month lows as virus fears grow, OPEC mulls meeting

Oil falls to new three-month lows as virus fears grow, OPEC mulls meeting

Oil prices fell more than 2% on Thursday to the lowest in three months on concerns over the potential economic impact of the coronavirus that continues to spread worldwide, while the market also considered the possibility of an early OPEC meeting.



6 years ago
UBS Europe probed in Italy in asset manager fraud investigation: sources

UBS Europe probed in Italy in asset manager fraud investigation: sources

Italian prosecutors have investigated UBS Europe for possible money laundering and obstructing the work of regulators as part of a fraud inquiry into small asset manager Sofia SGR, two sources with direct knowledge of the matter said.



6 years ago
CIBC planning layoffs to cut costs

CIBC planning layoffs to cut costs

Canadian Imperial Bank of Commerce will lay off employees in the months ahead to cut costs, a memo obtained by Reuters showed.



6 years ago
Pompeo urges EU to exclude 'high-risk suppliers' from 5G networks

Pompeo urges EU to exclude 'high-risk suppliers' from 5G networks

U.S. Secretary of State Mike Pompeo on Thursday urged the European Union to exclude "high-risk" suppliers from all parts of 5G networks.



6 years ago
Oil falls 3% to new three-month lows as China virus cases surpass SARS total

Oil falls 3% to new three-month lows as China virus cases surpass SARS total

Oil prices fell 3% on Thursday to the lowest in three months on concerns over the potential economic impact of the coronavirus that continues to spread worldwide, while the market also considered the possibility of an early OPEC meeting.



6 years ago