Latest News on private equities market

Stocks edge up as China virus worries abate; oil drops

Stocks edge up as China virus worries abate; oil drops

World stock markets bounced back on Wednesday, even as deaths from China's new virus rose to 17, while oil prices tumbled as a market surplus forecast alleviated supply concerns.



6 years ago
Wealthsimple launches its first spending account

Wealthsimple launches its first spending account

Wealthsimple | Press Release | Jan 21, 2020 Wealthsimple Cash offers 2.4% interest rate and lets Canadians save and spend through a mobile app and metal card TORONTO, Jan. 21, 2020 /CNW/ - Wealthsimple has launched its first hybrid saving and spending product: Wealthsimple Cash. The new account offers users the ability to save and spend with one

6 years ago
Here are the smartest things to do with that bonus check

Here are the smartest things to do with that bonus check

An annual bonus is a reward, so don't be afraid to spend a bit on something that brings you pleasure. But it's also important to allocate a portion of this money to meet short- and long-term financial goals.

6 years ago
S&P 500 aims for record open on IBM support, fading China virus fears

S&P 500 aims for record open on IBM support, fading China virus fears

U.S. stock index futures pointed to fresh highs for the S&P 500 on Wednesday, as investors took heart from China's efforts to contain a deadly virus outbreak, while strong results from IBM and Netflix boosted earnings optimism.



6 years ago
Diabetes, heart device sales fuel Abbott's revenue beat

Diabetes, heart device sales fuel Abbott's revenue beat

Abbott Laboratories Inc beat quarterly sales estimates on Wednesday, boosted by higher revenue from its diabetes and heart devices.



6 years ago
Daimler profits halve on diesel and restructuring charges

Daimler profits halve on diesel and restructuring charges

Daimler warned its earnings halved in 2019 and it faced further charges of up to 1.5 billion euros ($1.7 billion)related to diesel pollution, in the latest blow to the German luxury carmaker.



6 years ago
J&J forecasts weak annual profit, misses revenue estimates

J&J forecasts weak annual profit, misses revenue estimates

Johnson & Johnson on Wednesday forecast full-year profit largely below expectations, after posting a rare miss on quarterly revenue as sales of some of its major drugs fell short of Wall Street expectations.



6 years ago
Exclusive: Eurazeo hires banks for $2.2 billion sale of payments firm Planet - sources

Exclusive: Eurazeo hires banks for $2.2 billion sale of payments firm Planet - sources

European buyout fund Eurazeo has hired Citigroup and Evercore to prepare the sale of its payments business Planet in a deal that could value the Irish firm at up to 2 billion euros ($2.22 billion), three sources told Reuters.



6 years ago
Oil falls as surplus forecast overshadows Libya disruption

Oil falls as surplus forecast overshadows Libya disruption

Oil prices fell on Wednesday as a market surplus forecast by the International Energy Agency (IEA) outweighed concern over disruptions to Libya's crude output.



6 years ago
Airbus hits record highs, 737 MAX buyers fall on latest Boeing news

Airbus hits record highs, 737 MAX buyers fall on latest Boeing news

Airbus' shares hit record highs on Wednesday, after U.S. arch rival Boeing warned of further delay in returning its grounded 737 MAX airliner to service, while Boeing customers and suppliers fell on the news.



6 years ago
Jamie Dimon says his one big worry is negative interest rates

Jamie Dimon says his one big worry is negative interest rates

J.P. Morgan Chase CEO Jamie Dimon said that negative interest rates are one of the only things that concern him in a market that's otherwise in a "Goldilocks place."

6 years ago
Oil dips as surplus forecast overshadows Libya disruption

Oil dips as surplus forecast overshadows Libya disruption

Oil prices fell on Wednesday as a market surplus forecast by the International Energy Agency (IEA) outweighed concern over disruptions to Libya's crude output.



6 years ago
J&J misses revenue estimates as blockbuster drugs disappoint

J&J misses revenue estimates as blockbuster drugs disappoint

Johnson & Johnson narrowly missed quarterly revenue estimates on Wednesday as sales of its blockbuster psoriasis medicine Stelara and cancer drug Imbruvica fell short of expectations.



6 years ago
New stocks are red hot to start 2020 with IPO ETF tripling the return of the market

New stocks are red hot to start 2020 with IPO ETF tripling the return of the market

The Renaissance Capital IPO ETF, a basket of the most recent 60 or so larger IPOs, has dramatically outperformed the S&P 500 year-to-date.

6 years ago
With record profits on Wall Street, small bonuses will annoy bankers: experts

With record profits on Wall Street, small bonuses will annoy bankers: experts

Most Wall Street banks announced their fourth quarter profits beat industry expectations last week. But by the end of this week, bank sources and compensation experts told Reuters, most of their staff will be underwhelmed by their bonuses.



6 years ago