Latest News on private equities market

Nearly every analyst covering Amazon says buy the dip, except one

Nearly every analyst covering Amazon says buy the dip, except one

Barclays told clients it may be too early to buy the dip on Amazon, as the e-commerce giant's period of heavy investment could hurt financials.

7 years ago
Micron launches new hard drives to challenge Intel in data centers

Micron launches new hard drives to challenge Intel in data centers

Idaho-based memory chipmaker Micron Technology on Thursday challenged rival Intel Corp with a new line of hard drives aimed at data centers, just as the two companies are on the cusp of formally ending a joint venture of more than a decade that developed the technology.



7 years ago
Comcast beats profit estimates on internet subscriber additions

Comcast beats profit estimates on internet subscriber additions

Media and communications company Comcast Corp beat Wall Street estimates for third-quarter profit on Thursday, as it added more high-speed internet customers, even as it lost video users.



7 years ago
Here's why college costs will continue to rise

Here's why college costs will continue to rise

Declining public funds have caused college tuition to skyrocket and pushed more of the costs onto students, according to a new analysis.

7 years ago
Here's what every major Wall Street analyst is saying about Tesla's surprisingly good quarter

Here's what every major Wall Street analyst is saying about Tesla's surprisingly good quarter

Major Wall Street analysts liked Tesla's solid third quarter earnings report but want to see more from the company going forward.

7 years ago
Intel raises full year revenue forecast, shares up 8%

Intel raises full year revenue forecast, shares up 8%

Intel Corp raised its full-year revenue forecast on Thursday and beat Wall Street estimates for third-quarter revenue and profit, easing concerns about a long-drawn demand slowdown fueled by the U.S.-China trade war.



7 years ago
Strong tech results propel S&P 500, Nasdaq

Strong tech results propel S&P 500, Nasdaq

The S&P 500 and the Nasdaq rose on Thursday following strong quarterly reports from several technology companies, including Microsoft Corp , but dour results from 3M Co stymied the Dow Jones Industrial Average.



7 years ago
Twitter revenue hit by weaker advertising, low demand; shares plunge

Twitter revenue hit by weaker advertising, low demand; shares plunge

Twitter Inc posted worse-than-expected third quarter revenue and profit on Thursday, which the company attributed to advertising problems including product bugs and unusually low demand over the summer, sending its shares down about 15%.



7 years ago
Visa profit beats estimates on higher customer spending

Visa profit beats estimates on higher customer spending

Visa Inc's quarterly profit beat analysts' estimates on Thursday, helped by growth in overall customer spending, which boosted fees for the world's largest payment processor.



7 years ago
3M sales fall 2% on slowing Asia demand

3M sales fall 2% on slowing Asia demand

3M Co , the maker of Scotch tape and Post-it notes, reported a 2% fall in quarterly revenue and lowered its full-year earnings outlook, hurt by slowing demand for its products in key markets such as China.



7 years ago
CVS pulls all 22 ounce J&J baby powder from stores

CVS pulls all 22 ounce J&J baby powder from stores

Pharmacy retailer CVS Health Corp said on Thursday it is pulling all 22 ounce bottles of Johnson & Johnson's baby powder from its stores and online to comply with the U.S. healthcare conglomerate's recall last week of a lot of 22 oz bottles due to possible asbestos contamination.



7 years ago
Citigroup names Jane Fraser as president

Citigroup names Jane Fraser as president

Citigroup Inc has promoted Jane Fraser to head of its global consumer bank and president, putting her in a position eventually to become the next chief executive.



7 years ago
Oil slips below $61 as weak demand outlook weighs

Oil slips below $61 as weak demand outlook weighs

Oil slipped below $61 a barrel on Thursday as concern over the demand outlook offset a surprise drop in U.S. crude inventories and the prospect of further action by OPEC and its allies to support the market.



7 years ago
Puma sees profit hit from U.S. tariffs on China

Puma sees profit hit from U.S. tariffs on China

German sportswear group Puma cautioned on Thursday that it would take a hit from U.S. tariffs on China in the fourth quarter but still raised its sales forecast and narrowed its profit target after a strong third quarter in all regions.



7 years ago
Southwest profit jumps 7.2% as unit revenues rise

Southwest profit jumps 7.2% as unit revenues rise

Southwest Airlines Co reported a 7.2% rise in third-quarter profit on Thursday, as strong travel demand and higher fares offset the hit from flight cancellations due to the grounding of its Boeing 737 MAX jets.



7 years ago