Latest News on private equities market

3M cuts profit forecast after sales miss on slowing Asia demand

3M cuts profit forecast after sales miss on slowing Asia demand

3M Co fell short of Wall Street estimates for quarterly sales and cut its full-year profit forecast on Thursday, hit by slowing demand in key markets such as China, sending its shares down more than 3%.



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
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
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
White House aide: Phase one U.S.-China trade deal targets intellectual property

White House aide: Phase one U.S.-China trade deal targets intellectual property

An initial pact on U.S-China trade will include much of a scrapped May deal's agreement regarding intellectual property and will target enforcement mechanisms, White House trade adviser Peter Navarro said on Thursday, adding that he hopes the Chinese negotiate in "good faith."



7 years ago
Chemicals maker Dow cuts costs as global slowdown bites

Chemicals maker Dow cuts costs as global slowdown bites

Dow Inc beat Wall Street estimates for profit in the third quarter as it cut costs to offset a sharp slowdown in demand for the chemicals it makes for plastics and other manufacturing, sending shares almost 2% higher.



7 years ago
Deutsche Bank downgrades Ford after automaker slashes year-end earnings outlook

Deutsche Bank downgrades Ford after automaker slashes year-end earnings outlook

Duetsche Bank downgraded Ford to hold from buy and lowered its price target to $11 from $12.

7 years ago
Tesla shares pop the most in 6 years after earnings show its building cash, boosting margins

Tesla shares pop the most in 6 years after earnings show its building cash, boosting margins

Tesla turned in an unexpectedly profitably third-quarter and better than anticipated progress on its Shanghai factory.

7 years ago
Hyundai targets EV sales of over half a million by 2025, posts disappointing third-quarter

Hyundai targets EV sales of over half a million by 2025, posts disappointing third-quarter

South Korea's Hyundai Motor pledged to boost sales of electric vehicles (EV) to over half a million by 2025 as part of a bid to focus on new technologies and catch up with rivals, but some analysts saw the target as conservative and warned of the costs.



7 years ago
Chemicals maker Dow profit beats estimates on cost cuts

Chemicals maker Dow profit beats estimates on cost cuts

Dow Inc's quarterly profit beat Wall Street estimates on Thursday, as it kept a tight lid on costs against the backdrop of lower prices for chemicals used in making plastics.



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
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
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
Stocks rise, euro holds gains before Draghi's farewell

Stocks rise, euro holds gains before Draghi's farewell

Europe's traders were sending European Central Bank chief Mario Draghi off in style on Thursday, raising the region's stocks to their highest in more than a year and nudging the euro towards its best month since January 2018.



7 years ago