Latest News on private equities market

Roku quarterly net loss widens on higher costs

Roku quarterly net loss widens on higher costs

Roku Inc reported a bigger net loss in the third quarter, as the video streaming device-maker spent more to attract subscribers to its video streaming platform, sending shares down 15% in extended trading.



7 years ago
Fitbit reports a 12% fall in revenue

Fitbit reports a 12% fall in revenue

Wearable device maker Fitbit Inc reported its first drop in revenue in five quarters on Wednesday as it faced intense competition from deeper-pocket companies such as Apple Inc and Samsung Electronics Co Ltd , underscoring challenges for buyer Alphabet Inc's Google.



7 years ago
Oil down more than $1 a barrel on U.S. crude build, delay in U.S.-China trade pact

Oil down more than $1 a barrel on U.S. crude build, delay in U.S.-China trade pact

Oil prices dropped more than $1 a barrel on Wednesday after a much larger-than-expected build in U.S. crude inventories and after Reuters reported that the signing of a U.S.-China trade deal could be delayed until December.



7 years ago
Walmart de Mexico says October same-store sales up 2.3% year-on-year

Walmart de Mexico says October same-store sales up 2.3% year-on-year

Walmart de Mexico, Mexico's biggest retailer, said on Wednesday that sales at stores open for more than a year in Mexico rose 2.3% in October compared with the same month last year.



7 years ago
Qualcomm's upbeat profit forecast, results send shares higher

Qualcomm's upbeat profit forecast, results send shares higher

Qualcomm Inc forecast current-quarter profit above Wall Street expectations and beat estimates for fourth-quarter revenue from its closely watched licensing business, sending its shares up 5% in extended trading.



7 years ago
U.S. DoJ demands Ford Focus, Fiesta documentsL Detroit Free Press

U.S. DoJ demands Ford Focus, Fiesta documentsL Detroit Free Press

The U.S. Department of Justice has demanded documents related to the transmission used in about 2 million of Ford Motor Co's Fiesta and Focus vehicles sold throughout this decade, the Detroit Free Press reported on Wednesday.



7 years ago
Square profit tops estimates on growth in subscription and services business

Square profit tops estimates on growth in subscription and services business

Payments processor Square Inc beat analysts' estimates for quarterly profit on Wednesday, as it earned more from its subscription and services business.



7 years ago
NYT warns of 'challenging' quarter as ad revenue set to weaken, shares fall

NYT warns of 'challenging' quarter as ad revenue set to weaken, shares fall

The New York Times Co on Wednesday forecast a "fairly challenging" fourth quarter due to a drop in advertising revenue, which the publisher said may fall further due to changes in its ad platform, sending its shares down 9%.



7 years ago
U.S. sets sights on shipping companies for sanctions evasions

U.S. sets sights on shipping companies for sanctions evasions

The United States will target shipping companies that are in breach of sanctions and aggressively enforce measures across the globe to clamp down on such practices, a top U.S. official said on Wednesday.



7 years ago
Former UAW official, GM board member charged in UAW investigation

Former UAW official, GM board member charged in UAW investigation

Former United Auto Workers vice president Joseph Ashton was charged in U.S. District Court in Detroit Wednesday with conspiracy to commit money laundering and wire fraud, the latest person named in a wide-ranging corruption probe into the union.



7 years ago
Phillips 66 completely transparent in project financing: CEO

Phillips 66 completely transparent in project financing: CEO

Phillips 66 Chief Executive Greg Garland said on Thursday the company is completely transparent in the financing of pipelines and other projects the independent U.S. refiner and petrochemical producer has undertaken in the past few years.



7 years ago
Here's how much you can save toward retirement in 2020

Here's how much you can save toward retirement in 2020

You will be able to set aside more money for retirement in the new year, according to the IRS. Here's how much pre-tax money you can put in workplace retirement savings plans and IRAs.

7 years ago
Canada PM cites 'positive momentum' on USMCA deal as top U.S. official visits

Canada PM cites 'positive momentum' on USMCA deal as top U.S. official visits

Canadian Prime Minister Justin Trudeau on Wednesday cited "positive momentum" in the U.S. process to ratify a new continental trade deal, which has been in limbo for months amid concerns over labor standards.



7 years ago
Wendy's sales warm on spicy chicken; burger chain looks to breakfast rollout

Wendy's sales warm on spicy chicken; burger chain looks to breakfast rollout

Wendy's Co reported strong North American sales on Wednesday, powered by spicy chicken nuggets and other special menu items, while the fast-food burger chain looks ahead to its launch of breakfast next year.



7 years ago
Risk rally pauses on U.S. data, trade talk caution

Risk rally pauses on U.S. data, trade talk caution

The dollar slid and the three-day global stock market rally paused on Wednesday as U.S. productivity data disappointed and investors turned a bit cautious about U.S.-China trade talks.



7 years ago