Latest News on private equities market

Abbott Labs trims profit forecast after revenue miss

Medical device maker Abbott Laboratories fell just short of Wall Street estimates for quarterly revenue on Wednesday and trimmed the upper end of its full-year earnings forecast.



6 years ago

Hong Kong nerves keep Wall Street on edge

Wall Street inched lower on Wednesday as a congressional bill related to the Hong Kong protests stoked fears of more friction with China, even as another batch of positive earnings reports underscored a solid start to third quarter results.



6 years ago

Couples weigh 'strategic divorce' to save on taxes

Even the most amicable divorces can sour, financial advisors warn. Why splitting up to save a few bucks could cost you more than you expect.

6 years ago

Airbus sold 10 A321neo jets to Chile's Sky Airline: sources

Airbus has sold 10 A321neo aircraft to Chilean budget carrier Sky Airline, two industry sources said.



6 years ago

Weak U.S. retail sales cast gloom over economy

U.S. retail sales fell for the first time in seven months in September, suggesting that manufacturing-led weakness could be spreading to the broader economy, keeping the door open for the Federal Reserve to cut interest rates again later this month.



6 years ago
6 years ago

Corroded pipe led to Philadelphia refinery fire -U.S. Chemical Safety Board

An old, thinning piece of metal pipe that had not been tested for corrosion led to a June fire and explosions at the Philadelphia Energy Solutions oil refinery, the U.S. Chemical Safety and Hazard Investigation Board said in a report on Wednesday.



6 years ago

Fallen fund star Woodford's firm suffers ignominious end

Once one of Britain's most celebrated money managers and idolized by a legion of investor devotees, the collapse of Neil Woodford's business has been swift and brutal.



6 years ago

Wall Street on edge after Hong Kong protests bill

Wall Street inched lower on Wednesday, as a congressional bill related to the Hong Kong protests stoked fears of more friction with China, even as another round of positive earnings reports underlined a solid start to third-quarter results.



6 years ago

Weak U.S. retail sales heighten fears over economy

U.S. retail sales fell for the first time in seven months in September, suggesting that manufacturing-led weakness could be spreading to the broader economy, keeping the door open for the Federal Reserve to cut interest rates again later this month.



6 years ago

Virgin Galactic and Under Armour unveil spacesuits for the first space tourists to wear next year

Each spacesuit will be personally tailored to each Virgin Galactic passenger and will include national flags and name badges.

6 years ago

Airbus has sold 10 A321neo jets to Chile's Sky Airline: sources

Airbus has sold 10 A321neo aircraft to Chilean budget carrier Sky Airline, two industry sources said.



6 years ago

Oil rises on hopes OPEC will extend supply cuts

Oil rose above $59 a barrel on Wednesday, gaining support due to signs that OPEC and allied producers will make further curbs to oil supply in December, and as traders covered short positions ahead of an industry report on U.S. crude inventories.



6 years ago

GM, UAW reach tentative deal to end strike

General Motors Co and the United Auto Workers union have reached a tentative deal for a new four-year labor deal, moving the sides closer to ending the month-long strike by about 48,000 hourly workers that had drawn the attention of U.S. President Donald Trump and potential Democratic rivals in the 2020 presidential election.



6 years ago

Stocks little changed on data, earnings; pound choppy

A gauge of world stock markets was little changed on Wednesday on the heels of U.S. data that raised concerns about a slowing economy, while sterling was volatile as negotiations on a Brexit deal continued.



6 years ago