Latest News on private equities market

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
Coty revenue misses expectations on weak demand for cosmetics

Coty revenue misses expectations on weak demand for cosmetics

Cosmetics maker Coty Inc posted first-quarter revenue that fell short of Wall Street estimates on Wednesday, hit by sluggish sales of its mass-market beauty brands.



7 years ago
Keystone pipeline spill hardens landowner opposition to proposed expansion

Keystone pipeline spill hardens landowner opposition to proposed expansion

A big oil spill from the Keystone Pipeline in North Dakota last week has hardened opposition to the controversial Keystone XL expansion among landowners along its route, who say they hope to use the incident to help block or stall the project in court.



7 years ago
Capri profit misses as Hong Kong protests hurt Versace sales

Capri profit misses as Hong Kong protests hurt Versace sales

Capri Holdings Ltd missed Wall Street estimates for quarterly profit on Wednesday, as protests in Hong Kong and negative Chinese consumer reaction to an 'incorrectly labeled' T-shirt hurt sales of its Versace brand.



7 years ago
Amazon's rising air shipments fly in the face of climate plan

Amazon's rising air shipments fly in the face of climate plan

Amazon.com Inc Chief Executive Jeff Bezos has plans to slash greenhouse gas emissions from the online retailer's delivery operations.



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
China considers up to $10 billion investment in Aramco IPO: Bloomberg

China considers up to $10 billion investment in Aramco IPO: Bloomberg

China's state-owned entities are in talks about investing $5 billion to $10 billion in Saudi oil giant Aramco's planned initial public offering, Bloomberg reported on Wednesday, citing people familiar with the matter.



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