Latest News on private equities market

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
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
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
UPS teams with Arrival and Waymo in electric, self-driving push

UPS teams with Arrival and Waymo in electric, self-driving push

United Parcel Service Inc on Wednesday said it is ordering 10,000 electric delivery trucks from the UK-based Arrival Ltd and teaming with self-driving startup Waymo as package carriers work to cut costs and tail pipe pollution.



6 years ago
Google temporarily shutting down all China offices

Google temporarily shutting down all China offices

Alphabet Inc's Google said on Wednesday it is temporarily shutting down all its offices in China due to the outbreak of a new coronavirus in the country.



6 years ago
Wells Fargo files for up to $66 billion mixed shelf offering

Wells Fargo files for up to $66 billion mixed shelf offering

Wells Fargo & Co filed a mixed shelf offering of as much as $66 billion with the U.S. Securities and Exchanges Commission on Wednesday, and said it would use part of the proceeds to repurchase shares and pay down debt.



6 years ago
FCC to move forward on C-Band auction, may back incentives to shift spectrum: source

FCC to move forward on C-Band auction, may back incentives to shift spectrum: source

The Federal Communications Commission plans to move ahead in February with a planned public auction to free up spectrum in the key C-band and could endorse "low single-digit billion-dollar" incentive payments to shift existing satellite users, a person familiar with the matter said.



6 years ago
ADM profit beats estimates on strength in refined products unit

ADM profit beats estimates on strength in refined products unit

Archer Daniels Midland Co's quarterly profit beat estimates on Wednesday, as the U.S. grain trader's refined products unit benefited from strong global demand for both biodiesel and food oils.



6 years ago
White House economic adviser says he would like to see bolder Fed

White House economic adviser says he would like to see bolder Fed

White House economic adviser Larry Kudlow said on Wednesday that he would like the Federal Reserve to be bolder, hours after the U.S. central bank announced it would keep interest rates steady.



6 years ago
Tesla extends profit run, promises record production, driving stock up 13%

Tesla extends profit run, promises record production, driving stock up 13%

Tesla Inc on Wednesday posted the second quarterly profit in a row on record vehicle deliveries and said it would deliver more than 500,000 units this year, as the electric carmaker's shares surged to new highs.



6 years ago
UPS doubling down on weekend deliveries as e-commerce booms and Amazon looms

UPS doubling down on weekend deliveries as e-commerce booms and Amazon looms

United Parcel Service Inc said it aims to more than double weekend deliveries in 2020 as package carriers look for ways to satisfy the always-on demands of e-commerce customers, including rising rival Amazon.com Inc . The world's biggest online retailer pioneered seven-day delivery in 2013, in partnership with the U.S. Postal Service (USPS), and is now spending billions of dollars to speed up its free shipping.



6 years ago
Cloud, Windows sales power Microsoft earnings above Wall Street estimates

Cloud, Windows sales power Microsoft earnings above Wall Street estimates

Microsoft Corp on Wednesday reported fiscal second-quarter revenue and profit that beat Wall Street expectations, a sign that its Azure cloud computing services continues to grow amid a pitched battle with Amazon.com Inc’s cloud unit.



6 years ago
Facebook misses expectations for cost control, shares tumble

Facebook misses expectations for cost control, shares tumble

Facebook Inc reported a decline in fourth-quarter operating margins on Wednesday, missing Wall Street's expectations that it would level off spending to improve privacy and content across its apps, and revenue growth was the slowest ever.



6 years ago
Trading liquidity tops FX market's concerns in 2020: survey

Trading liquidity tops FX market's concerns in 2020: survey

The ability to buy and sell foreign exchange whenever needed with minimal market impact is seen by currency traders as the biggest challenge for 2020, according to an annual client survey by JP Morgan published on Thursday.



6 years ago
Samsung Electronics fourth-quarter operating profit falls 34%, dogged by chip market downturn

Samsung Electronics fourth-quarter operating profit falls 34%, dogged by chip market downturn

Samsung Electronics Co Ltd said on Thursday its operating profit fell 34% in the October-December quarter, in line with its estimate earlier this month, as the South Korean conglomerate battled a downturn in the memory chip market.



6 years ago