Latest News on private equities market

Credit Suisse confirms 2019 target after second-quarter net profit jumps 45%

Credit Suisse confirms 2019 target after second-quarter net profit jumps 45%

Credit Suisse on Wednesday posted its highest quarterly earnings in four years, confirming its 2019 profitability target after second-quarter earnings jumped 45%.



7 years ago
Asian shares at six-week low on trade worry, pound under pressure

Asian shares at six-week low on trade worry, pound under pressure

Asian shares fell on Wednesday to a six-week trough, rattled by fresh trade war concerns following threats from President Donald Trump to Beijing, while increasing worries about a no-deal Brexit kept the pound under pressure.



7 years ago
Airbus second-quarter profit rise beats forecasts, delivery challenges ahead

Airbus second-quarter profit rise beats forecasts, delivery challenges ahead

Airbus on Wednesday posted stronger-than-expected core second-quarter earnings, led by the switch to efficient new single-aisle jets, and maintained its profit forecast for the year while warning of delivery challenges in the second half.



7 years ago
Trade tensions drag on stocks as markets await Fed verdict

Trade tensions drag on stocks as markets await Fed verdict

Fresh trade war fears weighed on global stocks on Wednesday before a U.S. Federal Reserve meeting, with the dollar holding firm and Britain's pound subdued on growing fears of a no-deal Brexit.



7 years ago
Samsung says Japanese curbs cloud outlook as profit halves, shares fall

Samsung says Japanese curbs cloud outlook as profit halves, shares fall

Samsung Electronics warned on Wednesday that Japanese curbs on the export of chip-making materials was blurring its outlook and said it would delay a plan to return money to shareholders due to "significant new challenges."



7 years ago
After $6 billion M&A spree, insurer FWD eyes China foray ahead of potential IPO

After $6 billion M&A spree, insurer FWD eyes China foray ahead of potential IPO

Fast-growing insurer FWD is seeking to launch operations in China ahead of any public offering and plans to bolster its non-life business in Asia, its chief executive said, as a potential shake-up looms in the region's insurance sector.



7 years ago
Airbus second-quarter profits rise and beat analyst forecasts

Airbus second-quarter profits rise and beat analyst forecasts

Airbus on Wednesday posted stronger-than-expected core second-quarter earnings, led by the switch to efficient new single-aisle jets, and maintained its profit forecast for the year while warning of delivery challenges in the second half.



7 years ago
Apple woos investors with China gain, market value nears $1 trillion

Apple woos investors with China gain, market value nears $1 trillion

Shares of Apple Inc rose 4.2% on Wednesday, after the company calmed Wall Street nerves with an improvement in sales in China and as several brokerages predicted a boost from its services business and the launch of new iPhones in the second half of 2019.



7 years ago

Apple's stock gains the last 4 years prove 'financial engineering' via buybacks works

Apple's net income this year is projected to be almost equal to what the company booked four years earlier. Yet the stock has nearly doubled.

7 years ago
Oil rises as market awaits U.S. Fed rate cut

Oil rises as market awaits U.S. Fed rate cut

Oil prices rose for a fifth day on Wednesday, supported by a drop in U.S. inventories and investor expectations that the U.S. Federal Reserve will lower borrowing costs for the first time since the financial crisis more than a decade ago.



7 years ago

Analysts: Apple's earnings are 'good enough for now,' but iPhone decline 'remains unresolved'

Wall Street analysts said Apple's earnings were solid but expect more from the iPhone going forward.

7 years ago

GE CFO Jamie Miller to step down as CEO Culp moves forward with turnaround plan

General Electric says Miller will remain with the company during the leadership transition.

7 years ago

GE raises its 2019 forecast after earnings come in above expectations: 'We made steady progress'

General Electric shares rise after second-quarter earnings tops expectations and it gives a better-than-expected outlook for cash flow.

7 years ago
Wall St. rises at open on Apple boost; Fed in focus

Wall St. rises at open on Apple boost; Fed in focus

U.S. stocks opened higher on Wednesday, lifted by Apple's shares, as the iPhone maker's upbeat earnings eased concerns over the impact of the U.S.-China trade war, while investors awaited an almost certain cut in interest rates by the Federal Reserve.



7 years ago
Space insurance costs to rocket after satellite crash

Space insurance costs to rocket after satellite crash

Space rockets and satellites are likely to cost more to insure after the European Vega rocket crash this month, which hit insurers with a record space market loss of 369 million euros ($411.21 million), insurance industry sources say.



7 years ago