Latest News on private equities market

AbbVie lifts 2019 profit forecast as Humira helps beat revenue estimates

AbbVie Inc posted quarterly sales above estimates on Friday and raised the lower end of its 2019 profit forecast, helped by strong demand for cancer medicine Imbruvica and a lower-than-expected drop in bestseller Humira's revenue.



6 years ago

Analysts slam Shell over buyback delay warning

Analysts on Friday slammed Royal Dutch Shell's warning of possible delays to its $25 billion share buyback as an unnecessary step that undermines the energy giant's management.



6 years ago

Nissan picks American as finance chief as new generation takes helm

Nissan Motor Co on Friday named American Stephen Ma as its next finance chief and said some veteran executives were stepping down, putting a new generation in charge of a company battling to recover from plunging profits and management scandal.



6 years ago

Exxon Mobil earnings drop 49% in the third quarter on lower oil prices

The big earnings decline was actually slightly better than Wall Street expected.

6 years ago

Exxon Mobil profit halves on weak oil prices, chemicals business

Exxon Mobil Corp's third-quarter profit nearly halved, mainly hit by lower oil prices and weakness in its chemicals business.



6 years ago

India orders IndiGo to replace all Pratt engines on Airbus A320neo planes

IndiGo  must replace all Pratt & Whitney (P&W) engines on its fleet of 97 twin-engined Airbus A320neo family aircraft with new P&W power units, India's air safety watchdog said on Friday following recent inflight engine shutdowns.



6 years ago

Nasdaq to restart equity trading in Nordics and Baltics at 1200 GMT

Nordic and Baltic stocks market operator Nasdaq said on Friday its markets would reopen at 1200 GMT following a trading halt due to technical issues.



6 years ago

Alibaba beats quarterly revenue estimates, shares rise

China's Alibaba Group Holding Ltd reported a better-than-expected 40% rise in second-quarter revenue on Friday, powered by strong growth in its e-commerce and cloud computing businesses.



6 years ago

Deutsche Bank appoints Campelli to implement turnaround plan

Deutsche Bank said on Friday it had promoted Fabrizio Campelli to chief transformation officer with a mandate to oversee the biggest reorganization in the bank's history, including its plans to cut 18,000 jobs worldwide.



6 years ago

Why Brazil's bid to lure low cost airlines may be doomed

Brazilian government officials this week tempted airline executives with a pitch: Latin America's largest domestic aviation market is opening up and it badly needs more competition.



6 years ago

AIG third-quarter profit misses estimates

Insurer American International Group Inc missed analysts' estimates for third-quarter profit on Friday due to weakness in its life and retirement business.



6 years ago

Futures rise on bounce in China factory activity; U.S. jobs report awaited

U.S. stock index futures gained on Friday as a surprise rise in China's manufacturing activity boosted sentiment, while investors awaited a crucial U.S. jobs report.



6 years ago

Wall Street Week Ahead: Travel, leisure company reports set to give view of economy, consumer

A wide swath of the U.S. travel and leisure industry is set to provide insight next week on the state of the economy, including trends in consumer spending, fallout from U.S.-China trade tensions and any damaging impact from the stronger U.S. dollar.



6 years ago

Lookers bosses leave as car dealer sounds another profit alarm

British car dealership Lookers said on Friday its top boss and operations chief will step down immediately after weak sales led to a second profit warning in less than four months, sending its shares down as much as 30% and rattling peers.



6 years ago

Futures extend gains as October job growth slows less than expected

U.S. stock index futures extended gains on Friday after data showed domestic job growth slowed less than expected in October, adding to optimism spurred by strong manufacturing data out of China.



6 years ago