Latest News on private equities market

Intel data center rebound eases U.S.-China trade war worries

Intel data center rebound eases U.S.-China trade war worries

Intel Corp on Thursday beat Wall Street estimates for third-quarter revenue and profit and raised its full-year revenue forecast, powered by sales to data centers and easing concerns about slowing demand during the U.S.-China trade war.



7 years ago
Albemarle cuts 2019 forecast on lithium price pressure

Albemarle cuts 2019 forecast on lithium price pressure

Albemarle Corp , the world's largest lithium producer, on Thursday cut its sales and profit forecasts for the year, hit by a continued slump in prices for the white metal, sending its shares down nearly 7% in extended trading.



7 years ago
FTC staff recommends approval of Roche deal for Spark: report

FTC staff recommends approval of Roche deal for Spark: report

The Federal Trade Commission staff reviewing Roche's plan to buy U.S.-based gene therapy specialist Spark Therapeutics for $4.3 billion recommended that the deal be approved without requiring any asset sales, the Capitol Forum reported on Thursday.



7 years ago
Massachusetts accuses Exxon in lawsuit of climate change deceit

Massachusetts accuses Exxon in lawsuit of climate change deceit

Massachusetts sued Exxon Mobil Corp on Thursday, accusing the oil giant of misleading investors and consumers for decades about the role fossil fuels play in climate change.



7 years ago
Wall Street mixed after earnings reports; Twitter plunges

Wall Street mixed after earnings reports; Twitter plunges

A rise in shares of Microsoft and PayPal boosted the Nasdaq on Thursday, but poor earnings reports from Twitter and 3M dragged down the S&P 500 and Dow Jones indexes, taking the shine off what has been an upbeat earnings season so far.



7 years ago
Virgin Galactic set to trade on the NYSE on Monday as the first space tourism stock

Virgin Galactic set to trade on the NYSE on Monday as the first space tourism stock

Virgin Galactic will trade under the stock ticker 'SPCE.'

7 years ago
American Airlines profit beats estimates even as MAX impact swells

American Airlines profit beats estimates even as MAX impact swells

American Airlines Group Inc beat Wall Street estimates for third quarter profit on Thursday thanks to robust travel demand, even as the impact of the Boeing 737 MAX grounding continued to swell.



7 years ago
U.S. business investment still soft; jobless claims fall

U.S. business investment still soft; jobless claims fall

New orders for key U.S.-made capital goods fell more than expected in September and shipments also declined, a sign that business investment remains weak amid the continuing fallout from the U.S.-China trade war but other data on Thursday showed it has yet to have much effect on the overall jobs market.



7 years ago
Wall Street opens higher on Microsoft, Tesla results

Wall Street opens higher on Microsoft, Tesla results

U.S. stocks opened higher on Thursday, as solid results from Microsoft, Lam Research and Tesla lifted sentiment.



7 years ago
Exclusive: Software link suspected in Airbus A220 engine blowouts - sources

Exclusive: Software link suspected in Airbus A220 engine blowouts - sources

A probe into a series of engine failures on Airbus's smallest jet, the A220, is studying whether a software change set off unexpected vibrations that damaged fast-moving parts and forced three emergency landings, people familiar with the case said.



7 years ago
Comcast tops profit forecast as it gains high-speed internet customers

Comcast tops profit forecast as it gains high-speed internet customers

Comcast Corp beat Wall Street profit and revenue estimates on Thursday, as the company added high-speed internet customers and lost more video subscribers than expected.



7 years ago
Banks Must Act Now or Risk Becoming a ‘Footnote’: McKinsey

Banks Must Act Now or Risk Becoming a ‘Footnote’: McKinsey

Bloomberg | Hannah Levitt | Oct 22, 2019 More than half of the world’s banks are already in a weak position before any downturn that may be coming, according to a report from consultancy McKinsey & Co. A majority of banks globally may not be economically viable because their returns on equity aren’t keeping pace

7 years ago
Oil rises further above $61, but weak demand outlook weighs

Oil rises further above $61, but weak demand outlook weighs

Oil edged further above $61 a barrel on Thursday as a surprise drop in U.S. crude inventories and the prospect of further market-supporting action by OPEC and its allies offset concern over the outlook for demand.



7 years ago
Draghi defends legacy as ECB keeps money taps on

Draghi defends legacy as ECB keeps money taps on

European Central Bank President Mario Draghi defended his ultra-easy monetary policy stance on Thursday as his eight-year tenure at the bank closes in exactly the same place he started: trying to prop up a perpetually ailing currency bloc.



7 years ago
These millennials earn more than $10,000 a year in side-gig income

These millennials earn more than $10,000 a year in side-gig income

More than half of Americans report having a side gig at some point, according to a recent survey by SunTrust Banks of around 2,000 adults. Here's how they balance a full-time job with a side gig.

7 years ago