Latest News on private equities market

Brewer Heineken tempers profit hopes as Americas slip

Brewer Heineken tempers profit hopes as Americas slip

Heineken , the world's second-largest brewer, forecast profit this year would be at the bottom end of its previous guidance after an unexpected dip in third-quarter sales in the Americas partly offset strong growth in Asia.



7 years ago
Health insurer Anthem profit beats, raises 2019 earnings forecast

Health insurer Anthem profit beats, raises 2019 earnings forecast

Anthem Inc reported a better-than-expected quarterly profit on Wednesday as it benefited from higher sales of its government-backed health plans, prompting the health insurer to raise its full-year profit forecast.



7 years ago
Eli Lilly reports 9% rise in third-quarter profit

Eli Lilly reports 9% rise in third-quarter profit

Eli Lilly and Co reported a 9.1% increase in third-quarter profit on Wednesday, helped by higher sales of its top-selling diabetes drug, Trulicity, and lower tax expense.



7 years ago
Zuckerberg faces grilling on Facebook's ambitious digital currency plans

Zuckerberg faces grilling on Facebook's ambitious digital currency plans

Facebook Inc chief executive Mark Zuckerberg will be grilled by lawmakers over the company's plan to launch a digital currency and efforts to prevent foreign election interference when he appears before a Congressional panel on Wednesday.



7 years ago
Caterpillar profit falls 13.5%; cuts 2019 profit outlook

Caterpillar profit falls 13.5%; cuts 2019 profit outlook

Caterpillar Inc reported a 13.5% fall in quarterly profit on Wednesday, hit by weak demand in its construction and resources units, and the company cut its 2019 profit forecast.



7 years ago
Samsung updates software to fix fingerprint recognition problem

Samsung updates software to fix fingerprint recognition problem

Samsung Electronics Co Ltd has updated software to fix problems with fingerprint recognition features on its flagship Galaxy S10 and Note 10 smartphones, it said on Wednesday.



7 years ago
Huawei launches foldable phone in China at prices starting from $2,400

Huawei launches foldable phone in China at prices starting from $2,400

Huawei Technologies Co Ltd started taking orders on Wednesday in China for its eagerly awaited foldable smartphone, as it ramps up marketing at home to make up for weak overseas sales amid U.S. trade sanctions.



7 years ago
Global shares hit by tech problems and Brexit snags

Global shares hit by tech problems and Brexit snags

World stock markets fell on Wednesday, as hopes faded that a Brexit deal would be wrapped by next week and a profit warning from Texas Instruments pulled down tech shares.



7 years ago
China's premier says cooperation with the U.S. can create mutual benefit

China's premier says cooperation with the U.S. can create mutual benefit

China's premier Li Keqiang says cooperation between China and the United States can create mutual benefit, as negotiations between the world's two largest economies over a trade war continue to drag on.



7 years ago
China factory production key as Tesla reports third-quarter results

China factory production key as Tesla reports third-quarter results

Tesla Inc is conducting trial production runs at its new $2 billion China factory for the past several weeks and will sell some of the first cars from the plant to its employees, sources told Reuters.



7 years ago
Oil dips as U.S. stocks rise; prospect of OPEC action supports

Oil dips as U.S. stocks rise; prospect of OPEC action supports

Oil prices declined on Wednesday, holding below $60 a barrel on data showing a bigger-than-expected rise in U.S. crude stocks, but the prospect of deeper output cuts by OPEC and its allies offered support.



7 years ago
Oil dips as U.S. stocks build; output cut prospects give support

Oil dips as U.S. stocks build; output cut prospects give support

Oil fell on Wednesday after climbing over 1% in the previous session as U.S. industry data showed a bigger-than-expected build in crude stocks, but the possibility of deeper output cuts from OPEC and its allies prevented a further decline.



7 years ago
Exclusive: Datsun brand set to go as Nissan rolls back Ghosn's expansionist strategy - sources

Exclusive: Datsun brand set to go as Nissan rolls back Ghosn's expansionist strategy - sources

Nissan Motor Co Ltd is likely to axe its Datsun brand, drop some unprofitable products and close a number of assembly lines worldwide as it seeks to boost profits by getting smaller, two company sources with direct knowledge of the matter said.



7 years ago
Huawei launches foldable phone in China

Huawei launches foldable phone in China

Huawei Technologies Co Ltd launched its foldable 5G Mate X smartphone on Wednesday, starting pre-sales for the device in China on the same day.



7 years ago
Biogen, Eisai revive plans for Alzheimer's drug, surprising market

Biogen, Eisai revive plans for Alzheimer's drug, surprising market

Biogen Inc revived plans on Tuesday to seek U.S. approval for Alzheimer's treatment aducanumab, surprising investors and saying data from more patients in two discontinued studies showed the drug reduced the decline of patients.



7 years ago