Latest News on private equities market

GE shares tank more than 13% after Madoff whistleblower calls it a 'bigger fraud than Enron'

GE says the allegations of fraud are "entirely false and misleading."

7 years ago
Ryanair expects minimal disruption from planned strikes

Ryanair expects minimal disruption from planned strikes

Ryanair expects minimal cancellations with affected passengers flying out at different times if pilots in Britain and Ireland go ahead with a two-day strike next week, the airline's chief people officer said on Thursday.



7 years ago
GE shares fall on report that its finances are worse than disclosed

GE shares fall on report that its finances are worse than disclosed

General Electric shares fell 7.5% on Thursday after Harry Markopolos, the whistleblower in the Bernard Madoff Ponzi scheme case, said GE's financial filings were masking the depths of its financial problems.



7 years ago
J.C. Penney quarterly loss halves, sales still fall amid turnaround

J.C. Penney quarterly loss halves, sales still fall amid turnaround

J.C. Penney Co Inc reported a smaller-than-expected quarterly loss on Thursday, as the department store operator's efforts to cut costs and shutter unprofitable businesses paid off, sending shares of its penny stock higher by as much as 14%.



7 years ago
Oil deepens slide on recession fears, China's trade threats

Oil deepens slide on recession fears, China's trade threats

Oil prices fell more than 1% on Thursday, extending the previous session's 3% drop, pressured by mounting recession concerns and a surprise boost in U.S. crude inventories.



7 years ago
Carlsberg half-year sales boosted by Asia, premium beers

Carlsberg half-year sales boosted by Asia, premium beers

Carlsberg reported a 6.5% rise in half-year sales on Thursday, as the Danish brewer sold more expensive beer and its operating margins improved despite continued challenges in Russia.



7 years ago
Oil deepens slide toward $58 on recession fears, U.S. supply

Oil deepens slide toward $58 on recession fears, U.S. supply

Oil fell 2% toward $58 a barrel on Thursday, extending the previous session's 3% drop, pressured by mounting recession concerns and a surprise boost in U.S. crude inventories.



7 years ago
U.S. 30-year yields drop to fresh record low below 2%

U.S. 30-year yields drop to fresh record low below 2%

U.S. 30-year Treasury yields fell to a record low below 2% and benchmark 10-year notes dropped to a three-year trough on Thursday amid persistent worries about global trade tensions and economic slowdowns around the world.



7 years ago
Southwest Airlines expands daily service to Hawaii

Southwest Airlines expands daily service to Hawaii

U.S. budget-friendly carrier Southwest Airlines Co will add another daily flight to Hawaii from January 2020, the company said on Thursday, as it counts on leisure travel from the West Coast to boost its growth.



7 years ago
Memorial Trail Ice House on NextSeed

Memorial Trail Ice House on NextSeed

Memorial Trail Ice House, a premium food & bar venue adjacent to Memorial Park, is raising funds on NextSeed. The company is combining the ice house culture of an indoor or outdoor beer garden with the proximity to a historic building and is offering a social bar and specialty food trucks. Memorial Trail Ice House [...]


The post Memorial Trail Ice House on NextSeed appeared first on Crowditz.


7 years ago

Worried about a recession? Don't panic, say financial advisors, but do be prepared

If you are worried about a possible recession on the horizon, there are some smart financial moves you can make.

7 years ago
Kraft, Mondelez to pay $16 million in wheat price manipulation case

Kraft, Mondelez to pay $16 million in wheat price manipulation case

The U.S. Commodity Futures Trading Commission (CFTC) said on Thursday Kraft Heinz Co and Mondelez International Inc will pay $16 million in penalty regarding a wheat manipulation case that dates back to 2015.



7 years ago
Wall Street mixed after strong retail sales data, conflicting trade reports

Wall Street mixed after strong retail sales data, conflicting trade reports

U.S. stocks swung between gains and losses on Thursday as strong July retail sales and upbeat Walmart earnings eased fears of a recession, but mixed reports on trade and Cisco's dismal forecast kept investors on edge.



7 years ago

Here's when unpaid debt can reduce your Social Security payments

While most creditors can't touch your benefits, some types of delinquent debt can reduce your monthly payments.

7 years ago

Utilities and these other stocks win when volatility strikes Wall Street

Here are the top performing ETFs following spikes in volatility, according to hedge fund analytics tool Kensho.

7 years ago