Latest News on private equities market

Wendy's reports strong results, with same-store sales rising

Wendy's reports strong results, with same-store sales rising

Wendy's Co reported on Wednesday that North America same-store sales rose 4.4% in the third quarter, powered by new launches such as the $5 Biggie Bag deal and spicy chicken nuggets.



6 years ago
Acting UAW head to examine 'every inch' of union in scandal's wake

Acting UAW head to examine 'every inch' of union in scandal's wake

The acting head of the United Auto Workers (UAW) said on Wednesday that he will examine every department of the union in response to a spreading federal corruption probe that has damaged the union's standing during contract talks with Detroit's automakers.



6 years ago
Lufthansa crew strike to result in 1,300 canceled flights

Lufthansa crew strike to result in 1,300 canceled flights

A strike by Lufthansa cabin crew over two days this week will result in the cancellation of 1,300 flights and affect 180,000 passengers, the German carrier said on Wednesday.



6 years ago
Wall Street near highs after upbeat earnings run

Wall Street near highs after upbeat earnings run

Wall Street was on course to open close to record highs on Wednesday as investors digested a corporate earnings season that has seen the bulk of U.S.-listed firms best analysts' expectations, funding another round of stock market gains.



6 years ago
CVS tops quarterly estimates on Aetna strength; raises profit forecast

CVS tops quarterly estimates on Aetna strength; raises profit forecast

CVS Health Corp posted better-than-expected quarterly profit and revenue on Wednesday, boosted by its Aetna health insurance and pharmacy benefits management units, prompting it to raise its 2019 earnings forecast.



6 years ago
Roku quarterly net loss widens, overshadows earnings beat

Roku quarterly net loss widens, overshadows earnings beat

U.S. video streaming service Roku Inc reported a wider net loss in the third quarter on Wednesday, as it spent more to attract subscribers to its video streaming platform.



6 years ago
Qualcomm's licensing forecast, helped by Apple deal, drives share gains

Qualcomm's licensing forecast, helped by Apple deal, drives share gains

Qualcomm Inc shares rose more than 5% on Wednesday after it forecast current-quarter profit above Wall Street expectations, as its all-important licensing segment benefits from a deal with Apple Inc .



6 years ago
Roku beats revenue and profit estimates

Roku beats revenue and profit estimates

U.S. video streaming service Roku Inc beat expectations for third quarter revenue, earnings per share and adjusted EBITDA on Wednesday, benefiting from a widespread trend toward cord-cutting.



6 years ago
As behemoth brokerage firms go zero-commission on trades, advisors are concerned

As behemoth brokerage firms go zero-commission on trades, advisors are concerned

There may be no free lunch in the financial services industry, but there is now free trading of stocks, exchange-traded funds and options as custodians eliminate commissions for retail and financial advisor clients.

6 years ago
Papa John's new CEO shakes up top management; CFO to leave

Papa John's new CEO shakes up top management; CFO to leave

Papa John's International Inc said on Wednesday its finance head would leave the company next year as new Chief Executive Officer Rob Lynch makes top level changes to turn around the pizza chain's business.



6 years ago
Ride-hailing market revs up in Egypt

Ride-hailing market revs up in Egypt

Competition in Egypt's ride-hailing and tech-enabled transport market is heating up as rivals from global giant Uber to smaller local firms vie for a slice of the Middle East's largest market.



6 years ago
Forget grades and test scores, here's what some colleges really care about

Forget grades and test scores, here's what some colleges really care about

Nonacademic measures such as integrity and initiative are increasingly important, especially at the nation's most selective schools.

6 years ago
CVS tops profit estimates on Aetna strength

CVS tops profit estimates on Aetna strength

CVS Health Corp posted a better-than-expected quarterly profit on Wednesday, boosted by its pharmacy benefit management unit and the Aetna health insurance business it acquired last year.



6 years ago
Canada's Trudeau cites 'positive momentum' on trade deal as U.S. official visits

Canada's Trudeau cites 'positive momentum' on trade deal as U.S. official visits

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



6 years ago
Italian PM says ArcelorMittal wants mass layoffs; government rejects demand

Italian PM says ArcelorMittal wants mass layoffs; government rejects demand

Steel giant ArcelorMittal wants to cut 5,000 jobs in Italy because of low production levels at its Taranto plant, Italian Prime Minister Giuseppe Conte said on Wednesday, denouncing the plan as "unacceptable".



6 years ago