Latest News on private equities market

Kellogg profit gets boost from snacks, frozen foods

Kellogg profit gets boost from snacks, frozen foods

Kellogg Co's quarterly revenue and profit beat Wall Street expectations on Tuesday, as demand for its Pringles and Cheez-It snacks, as well as frozen foods cushioned the impact of sluggish sales for its cereals in North America.



7 years ago
S&P 500 squeezes higher on robust Merck, Pfizer earnings

S&P 500 squeezes higher on robust Merck, Pfizer earnings

The S&P 500 touched a new record high on Tuesday as investors cheered strong earnings from big drugmakers Merck and Pfizer, while a disappointing profit from Google parent Alphabet kept the Nasdaq firmly in the red.



7 years ago
Tesla filing shows U.S. sales tumbled 39% in third quarter

Tesla filing shows U.S. sales tumbled 39% in third quarter

Tesla Inc's third-quarter revenue tumbled 39% in the United States, its first drop in more than two years, but sales in China and other regions surged, the electric car maker's break down of sales by geography showed on Tuesday.



7 years ago
Boeing CEO tells U.S. lawmakers at hearing: 'We've made mistakes'; faces tough questions

Boeing CEO tells U.S. lawmakers at hearing: 'We've made mistakes'; faces tough questions

Boeing Co Chief Executive Dennis Muilenburg was pressed by U.S. lawmakers at a hearing on Tuesday over what the company knew about its MCAS stall-prevention system linked to two deadly crashes, and about delays in turning over internal 2016 messages that described erratic behavior of the software in a simulator.



7 years ago
AT&T reveals HBO Max price and date it will take on Disney, Netflix

AT&T reveals HBO Max price and date it will take on Disney, Netflix

AT&T Inc executives on Tuesday said the company's HBO Max streaming video service will cost $15 per month -- the same price it currently charges for HBO -- when it launches in May 2020, marking an aggressive entry into the streaming wars.



7 years ago
Financial advisors need a succession plan to benefit clients and their own firm

Financial advisors need a succession plan to benefit clients and their own firm

With average financial advisor now in their 50s and many in their 60s and 70s, the fate of thousands of practices remains in doubt. Studies show that most small advisors, particularly solo practitioners, have no successor to fill their shoes.

7 years ago
Merck beats estimates as Keytruda sales top $3 billion for first time

Merck beats estimates as Keytruda sales top $3 billion for first time

Merck & Co Inc blew past Wall Street expectations for third-quarter profit on Tuesday, as sales of its blockbuster immunotherapy Keytruda crossed the $3-billion mark for the first time in a quarter and beat lofty estimates.



7 years ago
Tech improves your life, but are you willing to pay the monthly cost?

Tech improves your life, but are you willing to pay the monthly cost?

Subscriptions could be responsible for hundreds of dollars in spending you may not even see.

7 years ago
Aramco signs slew of deals at Future Investment Initiative conference

Aramco signs slew of deals at Future Investment Initiative conference

Saudi Aramco has signed several deals at the Future Investment Initiative conference in Riyadh, Saudi Arabian General Investment Authority (SAGIA) said in a statement on Tuesday.



7 years ago
Blame it on Instagram: Spending on costumes takes over Halloween

Blame it on Instagram: Spending on costumes takes over Halloween

In the days leading up to Oct. 31, nearly half of millennials admitted making Halloween purchases strictly for the social media posts.

7 years ago
Oil prices drop, U.S. falls for third day as Cushing stocks rise

Oil prices drop, U.S. falls for third day as Cushing stocks rise

Oil prices slipped on Wednesday, with U.S. crude falling for a third day after an industry report that stocks at the Cushing delivery hub for the benchmark rose last week, shrugging off a drop in overall inventories.



7 years ago
Kellogg profit beats on higher demand for snacks, frozen foods

Kellogg profit beats on higher demand for snacks, frozen foods

Kellogg Co reported quarterly sales and profit above market expectations on Tuesday, benefiting from higher demand for its Pringles and Cheez-It snacks, as well as frozen foods.



7 years ago
Strong consumer spending drives Mastercard profit beat

Strong consumer spending drives Mastercard profit beat

Mastercard Inc on Tuesday beat Wall Street estimates for quarterly profit as customers shrugged off fears of an economic slowdown and spent more with their credit and debit cards, boosting fees for the world's second-largest payment processor.



7 years ago
China warns U.S. criticism at U.N. over Xinjiang not 'helpful' for trade talks

China warns U.S. criticism at U.N. over Xinjiang not 'helpful' for trade talks

China's U.N. Ambassador Zhang Jun warned on Tuesday that U.S. criticism at the world body of Beijing's policy in remote Xinjiang was not "helpful" for negotiations between the two countries on a trade deal.



7 years ago
After Boeing crashes, jet design rules to get tougher for all

After Boeing crashes, jet design rules to get tougher for all

Planemakers worldwide face tougher scrutiny and changes in the way aircraft are certified in the aftermath of two fatal crashes of Boeing 737 MAX jets, leading regulators have told Reuters.



7 years ago