Latest News on private equities market

U.S. Commerce secretary expects quick passage of USMCA by Canadian parliament

U.S. Commerce secretary expects quick passage of USMCA by Canadian parliament

U.S. Commerce Secretary Wilbur Ross on Wednesday said he expected the Canadian parliament to approve a new North American trade agreement very quickly, paving the way for the trade pact to take effect soon.



6 years ago
ADM fourth-quarter profit beats estimates on biodiesel, consumer trends

ADM fourth-quarter profit beats estimates on biodiesel, consumer trends

U.S. grains trader Archer Daniels Midland Co's fourth quarter profit topped Wall Street expectations on Wednesday, driven by its nutrition business and refined products unit, which includes biodiesel and food oils.



6 years ago
Coronavirus outbreak poses risk to U.S. Fed's economic outlook

Coronavirus outbreak poses risk to U.S. Fed's economic outlook

The outbreak of a new virus that originated in the central-Chinese city of Wuhan is likely to slow China's economic growth at least in the near term and could hurt its trading partners around the world.



6 years ago
Mondelez sees first quarter revenue hit on coronavirus outbreak

Mondelez sees first quarter revenue hit on coronavirus outbreak

Oreo maker Mondelez Inc said on Wednesday it expects a hit to its first quarter revenue from a new coronavirus outbreak in China which has killed over 130 people.



6 years ago
What's next for the Federal Reserve's balance sheet?

What's next for the Federal Reserve's balance sheet?

The Federal Reserve will keep injecting cash into the banking system and buying billions of dollars of Treasury bills for a few more months, but it aims to start dialing back on both in the second quarter, Chair Jerome Powell said Wednesday.



6 years ago
Newspaper industry loses one of its last big backers in Buffett, who delivered Washington Post as a kid

Newspaper industry loses one of its last big backers in Buffett, who delivered Washington Post as a kid

Berkshire Hathaway is selling 31 newspapers, as Warren Buffett backs away from the industry.

6 years ago
Investors sound out Tesla ahead of earnings report

Investors sound out Tesla ahead of earnings report

Tesla Inc investors compiled a list of questions to the company ahead of the electric carmaker's quarterly earnings report on Wednesday, ranging from requests for updates on the company's insurance policy to complaints about questions asked by analysts.



6 years ago
Tesla beats fourth-quarter revenue estimates

Tesla beats fourth-quarter revenue estimates

Tesla Inc posted fourth-quarter revenue above analysts' estimates on Wednesday as the electric carmaker beat Wall Street estimates for vehicle deliveries.



6 years ago
Fed keeps rates steady, to tailor Treasury bill purchases later this year

Fed keeps rates steady, to tailor Treasury bill purchases later this year

The Federal Reserve held interest rates steady on Wednesday at its first policy meeting of the year, with the head of the U.S. central bank pointing to continued moderate economic growth and a "strong" job market, and giving no sign of any imminent changes in borrowing costs.



6 years ago
Facebook operating margins decline as costs surge, shares fall

Facebook operating margins decline as costs surge, shares fall

Facebook Inc beat analysts' estimates for daily active users on Wednesday, but shares fell as operating margins dropped for the world's largest social network after it ramped up spending to improve content and security across its platforms.



6 years ago
Microsoft beats second-quarter revenue estimates on cloud growth

Microsoft beats second-quarter revenue estimates on cloud growth

Microsoft Corp beat analysts' estimates for quarterly revenue on Wednesday, driven by strength in its cloud computing platform Azure, sending its shares up 2%.



6 years ago
Stocks lose steam in wake of Fed statement

Stocks lose steam in wake of Fed statement

The S&P 500 ended slightly lower on Wednesday, as an initial boost from the likes of Apple, Boeing and General Electric following their quarterly results faded in the wake of a policy announcement from the Federal Reserve.



6 years ago
Mondelez beats revenue estimates on emerging market strength; shares up 3%

Mondelez beats revenue estimates on emerging market strength; shares up 3%

Oreo cookie maker Mondelez International Inc on Wednesday beat quarterly revenue estimates on higher demand for its snacks in emerging markets, sending shares up 3%.



6 years ago
ADM quarterly profit surges 60%

ADM quarterly profit surges 60%

U.S. grains trader Archer Daniels Midland Co on Wednesday reported a 60% rise in quarterly profit from last year which included a bigger asset impairment and restructuring charge.



6 years ago
British Airways, Iberia suspend direct flights to mainland China amid virus fears

British Airways, Iberia suspend direct flights to mainland China amid virus fears

British Airways has suspended all direct flights to and from mainland China, one of the biggest names in aviation to do so, as worries grow about the impact of the spreading coronavirus on global travel.



6 years ago