Latest News on private equities market

Comcast second-quarter profit beats Wall St., misses on revenue

Comcast second-quarter profit beats Wall St., misses on revenue

Comcast Corp's second-quarter profit on Thursday beat Wall Street estimates as it added more high-speed internet customers, but it lost more video and phone customers than expected.



7 years ago
Exclusive: Kenya Airways goes full circle with two-year nationalization plan

Exclusive: Kenya Airways goes full circle with two-year nationalization plan

Kenya will take at least 21 months to take back full control of its national carrier Kenya Airways , buying out minority shareholders and converting shares held by banks into Treasury bonds, a lawmaker briefed on the transaction said.



7 years ago
Hershey's tepid annual forecast overshadows quarterly profit beat

Hershey's tepid annual forecast overshadows quarterly profit beat

Chocolate maker Hershey Co said on Thursday its new price hikes would not add to its profit and sales in the remaining two quarters and gave a dull full-year forecast, sending its shares down as much as 5%.



7 years ago
Autogrill enters exclusive deal with Panera Bread for U.S. market

Autogrill enters exclusive deal with Panera Bread for U.S. market

Italian caterer Autogrill said on Thursday it had signed an exclusive multi-year agreement with bakery chain Panera Bread to develop outlets in U.S. airports and motorways.



7 years ago
Bristol-Myers posts strong second quarter earnings as Eliquis, Orencia surprise

Bristol-Myers posts strong second quarter earnings as Eliquis, Orencia surprise

Bristol-Myers Squibb , which is set to buy biotechnology company Celgene Corp soon for $74 billion, posted better-than-expected second-quarter earnings on Thursday on strong sales from its blood thinner Eliquis and rheumatoid arthritis treatment Orencia.



7 years ago
Atlanta Fed model lowers U.S. second quarter GDP estimate to 1.3%

Atlanta Fed model lowers U.S. second quarter GDP estimate to 1.3%

The U.S. economy grew at a 1.3% annualized rate in the second quarter based on June data on domestic durable goods orders and advance goods trade, the Atlanta Federal Reserve's GDPNow forecast model showed on Thursday.



7 years ago
SoftBank Group's $108 billion Vision Fund 2 draws in Microsoft, Apple

SoftBank Group's $108 billion Vision Fund 2 draws in Microsoft, Apple

SoftBank Group Corp announced on Friday a second Vision Fund aimed at investing in technology firms, saying it has secured memoranda of understanding (MOU) for about $108 billion from companies including Microsoft Corp .



7 years ago
Asian shares slip on mixed U.S. earnings, ECB rate hold

Asian shares slip on mixed U.S. earnings, ECB rate hold

Asian share prices dropped on Friday following mixed U.S. earnings reports and after the European Central Bank unexpectedly held interest rates steady, while the euro held above two-year lows struck overnight.



7 years ago
SoftBank Group announces new $108 billion Vision Fund, broadens investor base

SoftBank Group announces new $108 billion Vision Fund, broadens investor base

SoftBank Group Corp announced on Friday a second Vision Fund aimed at investing in technology firms, saying it has secured memoranda of understanding (MOU) for about $108 billion from companies including Apple Inc and Microsoft Corp .



7 years ago
Australia to set up antitrust office to police Facebook, Google

Australia to set up antitrust office to police Facebook, Google

Australia said it would establish the world's first dedicated office within an antitrust regulator to police Facebook Inc and Google , setting a precedent for global lawmakers grappling with the U.S. technology giants' dominance.



7 years ago
Australian regulator to get unit specializing in tech companies

Australian regulator to get unit specializing in tech companies

Australia's antitrust watchdog will be strengthened with a special branch to oversee the market power of U.S. technology giants Facebook and Google under sweeping regulatory reforms proposed by the government on Friday.



7 years ago
Alphabet's revenue rebounds; easing doubts on growth and boosting shares

Alphabet's revenue rebounds; easing doubts on growth and boosting shares

Alphabet Inc shares rose about 8% after the company reported quarterly results that eased investors' concerns about growth challenges facing its Google advertising business.



7 years ago
Oil drops after poll points to slower global growth

Oil drops after poll points to slower global growth

Oil prices fell on Friday after a Reuters poll showed global economic growth is likely to slow further amid the U.S.-China trade war, although losses were limited by tensions in the Middle East.



7 years ago
In Roundup case, U.S. judge cuts $2 billion verdict against Bayer to $86 million

In Roundup case, U.S. judge cuts $2 billion verdict against Bayer to $86 million

A California judge on Thursday reduced a $2 billion jury verdict, slashing the award for a couple who blamed Bayer AG's glyphosate-based weed killer Roundup for their cancer to $86.7 million.



7 years ago
China suspects FedEx broke law by declining Huawei shipments: media

China suspects FedEx broke law by declining Huawei shipments: media

Chinese authorities suspect U.S. package delivery company FedEx Corp violated the law by not making shipments of goods from the tech company Huawei to their recipients, the Xinhua state news agency reported on Friday.



7 years ago