Latest News on private equities market

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

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.



7 years ago
Qualcomm set to face second EU antitrust fine shortly: sources

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.



7 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%.

7 years ago
Cloud growth fuels IBM profit beat, shares rise

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.



7 years ago
Netflix shares tumble as it misses global subscriber forecasts

Netflix shares tumble as it misses global subscriber forecasts

Netflix Inc added fewer quarterly subscribers than Wall Street expected and its U.S. customer base shrank as its programming failed to draw new viewers, jarring investors ahead of looming competition.



7 years ago
Japanese official says negotiators working hard on U.S.-Japan trade deal

Japanese official says negotiators working hard on U.S.-Japan trade deal

U.S. and Japanese officials are working hard to reach agreement on a bilateral trade agreement, a senior Japanese official told Reuters on Wednesday, adding he was looking forward to news on the deal in the near future.



7 years ago
Cloud growth fuels IBM profit beat

Cloud growth fuels IBM profit beat

International Business Machines Corp beat analysts' estimates for second-quarter profit on Wednesday, propped up by recurring growth in its high-margin cloud business.



7 years ago

Goldman raises Apple stock price forecast in largely negative note

Goldman Sachs' note focuses on how growth in Apple's services business may fall short.

7 years ago

College applications can add up to thousands of dollars. Here's how to save

As college costs rise, some students apply to a laundry list of schools to increase their odds of getting into one they can afford. Yet doing so can leave families with another large tab.

7 years ago

Here's what major analysts are predicting will happen with Netflix earnings after the bell

Wall Street analysts are staying bullish into company's second quarter report after the bell on Wednesday.

7 years ago
Facebook faces more scrutiny from Congress over Libra cryptocurrency plan

Facebook faces more scrutiny from Congress over Libra cryptocurrency plan

Facebook Inc faces more questioning by U.S. lawmakers on Wednesday over its planned cryptocurrency, after a bruising first bout when senators from both parties condemned the project, saying the company had not shown it could be trusted.



7 years ago
Microsoft, AT&T ink cloud deal worth more than $2 billion

Microsoft, AT&T ink cloud deal worth more than $2 billion

Microsoft Corp and AT&T Inc on Wednesday said they reached a deal under which the telecommunications firm will tap Microsoft's Azure cloud service for its computing needs and provide Office 365 software to much of its 268,000-strong workforce.



7 years ago
Amazon under EU antitrust fire over use of merchant data

Amazon under EU antitrust fire over use of merchant data

Amazon became the target of an antitrust investigation by the European Union on Wednesday over its use of merchants' data, underlining the increasing regulatory scrutiny about how tech companies exploit customers' information.



7 years ago
Bank of America trims net interest income guidance

Bank of America trims net interest income guidance

Bank of America Corp lowered its annual net interest income guidance on Wednesday to reflect a weakened interest rate environment as the second-largest U.S. lender reported higher-than expected earnings fueled by strong consumer trends.



7 years ago
Wall Street opens flat, investors shrug off bank results

Wall Street opens flat, investors shrug off bank results

U.S. stocks opened flat on Wednesday as trade worries and concerns about the balance of monetary policy and growth outweighed solid results from Bank of America and a boost to chipmakers from Dutch company ASML.



7 years ago