Latest News on private equities market

Thomson Reuters operating profit tops Wall Street estimates

Thomson Reuters Corp , parent of the Reuters News agency, reported higher-than-expected quarterly operating profit on Thursday and affirmed its 2019 and 2020 estimates.



5 years ago

Bristol-Myers posts better-than-expected results, Opdivo growth slows

U.S. drugmaker Bristol-Myers Squibb Co reported higher-than-expected third-quarter profit on Thursday, helped by strong sales of blood thinner Eliquis, even as growth of its blockbuster cancer treatment Opdivo slowed.



5 years ago

SNC-Lavalin names Ian Edwards as CEO

SNC-Lavalin Group Inc said on Thursday it named interim head Ian Edwards as its chief executive officer.



5 years ago

Trade war fears are spoiling Apple's great quarter as stock is just slightly higher

The tech giant just reported stronger-than-expected earnings for the fourth quarter, but its stock is up only slightly.

5 years ago

Altria takes $4.5 billion charge as Juul investment sours amid vaping backlash

Altria Inc took a $4.5 billion hit from its investment in electronic-cigarette maker Juul Labs Inc on Thursday as it faced up to the financial fallout of a regulatory crackdown on the vaping industry this year.



5 years ago

Ukraine decries Nord Stream 2 approval, says it weakens Europe

Denmark's decision to approve the Nord Stream 2 gas pipeline, designed by Moscow to bypass Ukraine, strengthens Russia and weakens Europe, Ukrainian President Volodymyr Zelenskiy said on Thursday.



5 years ago

Lazard's profit falls amid slowdown in global dealmaking

Investment bank Lazard reported a 21% drop in third-quarter adjusted net income amid a slowdown in worldwide deal activity, though the decline was smaller than analysts had estimated as its financial advisory business stabilized.



5 years ago

Lazard axes 200 jobs after business review

Investment bank Lazard has axed about 200 employees after a review of its business, Chief Financial Officer Evan Russo said on Thursday.



5 years ago

Fiat Chrysler third-quarter operating profit tops expectations on North America

Fiat Chrysler on Thursday posted higher than expected operating earnings for the third quarter, lifted by its North-American business, as the carmaker heads to a merger with French rival PSA .



5 years ago

There's an Apple business growing at a 50% clip that's wowing Wall Street analysts

"Huge AirPod growth" helped drive Apple's earnings, Bernstein's Toni Soccanogahi said.

5 years ago

U.S. labor costs rise in third quarter

U.S. labor costs increased in the third quarter as a tightening labor market lifted wages across the board.



5 years ago

U.S. consumer spending rises moderately, wages flat

U.S. consumer spending rose marginally in September while wages were unchanged, which could cast doubts on consumers' ability to continue driving the economy amid a deepening slump in business investment.



5 years ago

U.S. weekly jobless claims rise more than expected

The number of Americans filing applications for unemployment benefits rose slightly more than expected last week, but the trend in claims remained consistent with strong labor market conditions.



5 years ago

Lyft is showing 'operational efficiencies' Goldman says in upgrade, sees 60% upside ahead

Goldman Sachs upgraded shares of Lyft to a buy rating following the company's third quarter earnings results.

5 years ago

World stocks touch 20-month high, bond yields drop after Fed cuts

World stocks edged to their highest in over 20 months on Thursday after the Federal Reserve cut rates even as it signaled it would hold back from further reductions, sending bond yields and the dollar down.



5 years ago