Latest News on private equities market

Wall Street slips at open as Amazon weighs

Wall Street slips at open as Amazon weighs

Wall Street opened marginally lower on Friday, as a dour sales forecast from Amazon overshadowed another set of strong results in what has so far been an upbeat third-quarter earnings season.



6 years ago
Mexico sees U.S. Congress starting formal USMCA trade deal approval soon

Mexico sees U.S. Congress starting formal USMCA trade deal approval soon

Mexico's Deputy Foreign Minister for North America, Jesus Seade, said on Friday he believes U.S. lawmakers will soon begin the process of approving the new United States-Mexico-Canada (USMCA) trade deal now that President Andres Manuel Lopez Obrador has vowed wage increases and funding for labor reforms.



6 years ago
Amazon's AWS unit gets OK to build $800 million data facility in Argentina

Amazon's AWS unit gets OK to build $800 million data facility in Argentina

Argentina has given the go-ahead to Amazon.com Inc's Web Services division AWS to build an $800-million data facility in Buenos Aires, which would mark a massive investment for the company in South America, according to a provincial bulletin dated Oct. 24.



6 years ago
Here are the biggest analyst calls of the day: Uber, Dick's, Tesla & more

Here are the biggest analyst calls of the day: Uber, Dick's, Tesla & more

Here are the biggest calls on Wall Street on Friday

6 years ago
JLR parent posts smaller loss as China demand picks up

JLR parent posts smaller loss as China demand picks up

Jaguar Land Rover owner Tata Motors posted a smaller-than-expected loss in the second quarter on Friday as a pick up in sales of its luxury car in China helped it ride out weak vehicles sales in India, its home market.



6 years ago
Verizon beats estimates on postpaid user growth

Verizon beats estimates on postpaid user growth

Verizon Communications Inc beat Wall Street estimates for third-quarter profit and revenue on Friday, as the largest U.S. wireless carrier by subscribers signed up more mobile phone customers who pay a monthly bill.



6 years ago
Wall Street firms record best first-half profit in a decade: report

Wall Street firms record best first-half profit in a decade: report

Wall Street firms recorded their best first half in a decade as profits rose 11%, but a slowdown in the global economy and ongoing trade tensions could hit earnings in the second half of 2019, according to a report from the New York State Comptroller.



6 years ago
Mexico sees United States starting formal USMCA trade deal approval soon

Mexico sees United States starting formal USMCA trade deal approval soon

Mexico's Deputy Foreign Minister for North America, Jesus Seade, said on Friday that he believes U.S. lawmakers will begin soon the formal process of approving the new United States-Mexico-Canada (USMCA) trade deal.



6 years ago
Heineken to invest $244 million in Brazil by 2020 to double capacity: paper

Heineken to invest $244 million in Brazil by 2020 to double capacity: paper

Heineken , the world's second-largest brewer, will invest 985 million reais ($244 million) in Brazil to double its production capacity, CEO Mauricio Giamellaro told the Valor Econômico newspaper in an interview published on Friday.



6 years ago
Here's what every major analyst is saying about Amazon's big earnings miss

Here's what every major analyst is saying about Amazon's big earnings miss

Wall Street analysts were disappointed in Amazon's mixed quarter but told investors to buy the weakness in the stock.

6 years ago
Wall Street Weekahead: Bond fund managers see risk Fed cuts rates to zero

Wall Street Weekahead: Bond fund managers see risk Fed cuts rates to zero

Speculation the Federal Reserve will continue cutting interest rates well past its policy meeting next week is pushing some bond fund managers into assets ranging from short-term Treasury bills to half-paid off 15-year home mortgages.



6 years ago
Airless tire makers hope for breakout moment with autonomous driving

Airless tire makers hope for breakout moment with autonomous driving

Makers of airless tires such as Japan's Bridgestone Corp. hope driverless cars will herald a breakthrough for their niche technology, which is more than a decade old but underperforms standard tires in every way except resistance to puncture.



6 years ago
Verizon beats estimates as it adds more postpaid users

Verizon beats estimates as it adds more postpaid users

Verizon Communications Inc beat Wall Street estimates for third-quarter profit and revenue on Friday, as it signed up more phone customers who pay a monthly bill.



6 years ago
BMW CEO says trade war could cost U.S. jobs

BMW CEO says trade war could cost U.S. jobs

BMW has told United States trade representatives, including Robert Lighthizer, that intensifying a global trade war could threaten jobs in South Carolina, Chief Executive Oliver Zipse said on Friday.



6 years ago
Britain's ARM to continue supplying chip technology to Huawei

Britain's ARM to continue supplying chip technology to Huawei

Chip designer ARM will continue to supply Huawei Technologies after the British company's legal team ruled that its chip technology is of UK origin and would not breach U.S. restrictions on supplying the Chinese tech giant.



6 years ago