Latest News on private equities market

Futures muted after mixed bag of earnings

Futures muted after mixed bag of earnings

U.S. stock index futures struggled for direction on Thursday as a clutch of earnings reports again pointed to a slowing global economy, while holding up in the face of already reduced expectations.



7 years ago
Nissan to cut 12,500 jobs as crisis deepens after profit wipe out

Nissan to cut 12,500 jobs as crisis deepens after profit wipe out

Nissan Motor Co unveiled its biggest restructuring plan in a decade, axing nearly a tenth of its workforce and flagging possible plant closures to rein in costs that ballooned when Carlos Ghosn was CEO.



7 years ago
Southwest ekes out profit as bookings offset MAX groundings;  Newark operations ceased

Southwest ekes out profit as bookings offset MAX groundings; Newark operations ceased

Southwest Airlines Co eked out a small profit in the second quarter on Thursday as strong bookings offset the financial blow of the grounding of Boeing 737 MAX jets, which forced the carrier to cease operations at Newark Liberty International airport.



7 years ago
Hershey's tepid annual forecasts overshadow quarterly profit beat

Hershey's tepid annual forecasts overshadow quarterly profit beat

Chocolate maker Hershey Co cut its full-year sales forecast on Thursday, overshadowing a better-than-expected quarterly profit and sending its shares down 3%.



7 years ago
You & Sundry on Wefunder

You & Sundry on Wefunder

You & Sundry, the first social salon for the LGBTQ+ community, is raising funds on WeFunder. The company started as barbershop pop-ups and grew the brand quickly after that. The first social parlor is aimed to be as a member club with exclusivity and self-care, including a full-service salon and a main lounge or event [...]


The post You & Sundry on Wefunder appeared first on Crowditz.


7 years ago

How to get the most cash back on your credit cards

Half of U.S. adults have a credit card that offers cash back, vs. just 1 in 5 who have a travel rewards card, according to Creditcards.com.

7 years ago
Total plans $5 billion in asset sales as second-quarter profit falls

Total plans $5 billion in asset sales as second-quarter profit falls

French energy giant Total will sell around $5 billion worth of assets, mostly from its upstream exploration and production business, as it seeks to focus on low breakeven projects that can weather weak oil prices, it said on Thursday.



7 years ago
Dow cuts 2019 spending forecast due to trade friction, posts profit beat

Dow cuts 2019 spending forecast due to trade friction, posts profit beat

U.S. chemical company Dow Inc posted a better-than-expected quarterly profit on Thursday, and cut its spending for the year by 25% against the backdrop of prolonged trade tensions.



7 years ago
Oil rises on U.S. inventory decline but slowing economy caps gains

Oil rises on U.S. inventory decline but slowing economy caps gains

Oil prices rose 1% on Thursday amid Middle East tensions and a big fall in U.S. crude stocks, but gains were capped as weak manufacturing data in Western nations indicated slowing economic growth that could reduce fuel demand.



7 years ago
Southwest Airlines posts quarterly profit despite 737 MAX blow

Southwest Airlines posts quarterly profit despite 737 MAX blow

Southwest Airlines Co squeezed out a small profit in the second quarter as it struggled with the grounding of Boeing MAX jets, the carrier said on Thursday, extending its suspension of flights on the planes till Jan. 5.



7 years ago
Wall Street dips at open as coporate earnings point to slowing growth

Wall Street dips at open as coporate earnings point to slowing growth

Wall Street opened slightly lower on Thursday after a clutch of earnings reports pointed to a slowing global economy, while the European Central Bank opening the door to future interest rate cuts limited losses.



7 years ago
Four automakers, California strike compromise on vehicle emissions

Four automakers, California strike compromise on vehicle emissions

Ford Motor Co, BMW AG, Volkswagen AG and Honda Motor Co said on Thursday they have reached a voluntary agreement with the state of California to adopt compromise vehicle emissions rules.



7 years ago
ECB prepares some sub-zero relief for wilting Europe

ECB prepares some sub-zero relief for wilting Europe

Euro and bond yields wilted on Thursday as a slump in German business confidence piled the pressure on the European Central Bank to push interest rates even deeper into sub-zero territory later.



7 years ago
American Airlines sees $400 million pretax hit in 2019 from 737 MAX grounding

American Airlines sees $400 million pretax hit in 2019 from 737 MAX grounding

American Airlines Group Inc said on Thursday it expected the Boeing 737 MAX grounding to hit its 2019 pretax earnings by about $400 million, sending shares down about 1%, even as a strong passenger demand lifted quarterly revenues.



7 years ago
Daimler second-quarter hammered by Takata, diesel charges

Daimler second-quarter hammered by Takata, diesel charges

Luxury carmaker Daimler said it would intensify cost cuts after legal risks for diesel-related issues and the cost of replacing Takata airbags triggered a 1.56 billion euros ($1.74 billion) loss before interest and taxes in the second quarter.



7 years ago