Latest News on private equities market

Nu Skin shares plunge 14% as China crackdown hits revenues

Shares of beauty and wellness products company Nu Skin tanked on Wednesday after the company said China's crackdown on health products is weighing on sales.

5 years ago

California settles decades-long lawsuit over lead paint, but outcome is bittersweet

When Californian counties and cities first sued paint makers in 2000, they wanted the companies to pay billions to remove dangerous old lead paint from hundreds of thousands of homes.



5 years ago

Wall St. falls as CSX results point to damage from trade tensions

U.S. stock indexes dipped on Wednesday as weak results from CSX Corp stoked concerns that the protracted trade war between the United States and China could hurt corporate earnings.



5 years ago

Andrew Left's Citron Capital posted net return of 24.7% in first half of 2019

Andrew Left's Citron Capital posted a net return of 24.7% after fees and expenses in the first half of 2019, according to an investment letter posted on the fund's website Wednesday.

5 years ago

EBay beats estimates as more shoppers flock to site, shares rise

EBay Inc beat Wall Street estimates for quarterly revenue and profit on Wednesday, as a multi-year effort to make its platforms easier to use attracted more customers, sending its shares up 5%.



5 years ago

Wall St. falls as CSX results signal damage from trade tensions

U.S. stock indexes fell on Wednesday as weak results from CSX Corp stoked concerns that the protracted trade war between the United States and China could hurt corporate earnings.



5 years ago

IBM revenue falls as weak legacy businesses offset cloud growth

International Business Machines Corp posted a 4.2% fall in quarterly revenue, in line with analysts' estimates, as weakness in its legacy businesses of selling hardware and software offset growth in its high-margin cloud computing unit.



5 years ago

Netflix adds fewer-than-expected subscribers in second quarter; shares tumble

Netflix Inc added fewer paid subscribers than expected in the second quarter as the video streaming pioneer raised prices in some of its major markets, including the United States, sending its shares down nearly 10% in extended trading.



5 years ago

Boeing to make $50 million in payments to 737 MAX crash victims' families

Boeing Co said on Wednesday it will dedicate half of a $100 million fund it created after two crashes of its 737 MAX planes to provide payments to families of those killed, with compensation expert Ken Feinberg hired by the world's largest plane maker to oversee the distribution.



5 years ago

Trade, earnings worry drag on stocks; U.S. Treasury yields fall

A gauge of global equities retreated for a second straight session and U.S. Treasury yields fell as simmering trade concerns gained steam and the pace of the U.S. corporate earnings season picked up.



5 years ago

U.S. solar sector launches lobbying push to preserve key subsidy

The U.S. solar industry on Wednesday kicked off a lobbying push aimed at convincing Congress to extend a generous tax credit for solar energy systems that is set to begin phasing out next year.



5 years ago

Qualcomm set to face second EU antitrust fine shortly: sources

Qualcomm , the world's no.1 chipmaker, could be hit with a second EU antitrust fine as soon as Thursday for blocking a rival from the market more than a decade ago, people familiar with the matter said.



5 years ago

CEO of railroad giant CSX says the economy is the 'most puzzling' he's seen as stock plummets

CSX said it expects revenue to fall as much as 2% in 2019, well below a previous forecast of an increase of 1% to 2%.

5 years ago

Buying stocks when they are this expensive has led to low returns in the future

Buying stocks when they are this expensive has historically led to lower returns, data compiled by Ned Davis Research shows.

5 years ago

Cloud growth fuels IBM profit beat, shares rise

International Business Machines Corp beat analysts' estimates for second-quarter profit on Wednesday, propped up by recurring growth in its high-margin cloud computing business, sending its shares up as much as 4% in extended trading.



5 years ago