Latest News on private equities market

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
Netflix shares plunge as global growth falls short, U.S. customers shrink

Netflix shares plunge as global growth falls short, U.S. customers shrink

Netflix Inc said on Wednesday it lost U.S. streaming customers for the first time in eight years and missed targets for new subscribers overseas, an announcement that jarred investors ahead of looming competition.



7 years ago
Netflix to roll out cheaper mobile-only plan in India

Netflix to roll out cheaper mobile-only plan in India

Netflix Inc said on Wednesday it would roll out a lower-priced mobile-only plan in India, tapping into a price-sensitive market where data consumption on smartphones is surging.



7 years ago
Asian stocks wobble, bond yields fall on earnings woes, trade worries

Asian stocks wobble, bond yields fall on earnings woes, trade worries

Asian shares wobbled in early Thursday trading as Wall Street stocks dropped on early signs that the U.S.-China trade war could hurt corporate earnings, helping to underpin solid demand for safe-haven U.S. Treasuries.



7 years ago

JP Morgan posts an earnings beat, but the bank's stock falls on lowered interest forecast

The Federal Reserve's expected interest rate cuts appears to have impacted J.P. Morgan's forecast for 2019 net interest income.

7 years ago

Goldman Sachs earnings blow past Wall Street on strong investing banking, trading results

Goldman Sachs reported second-quarter results that beat analysts' expectations Tuesday.

7 years ago
Amazon offers $10 to Prime Day shoppers who hand over their data

Amazon offers $10 to Prime Day shoppers who hand over their data

Amazon.com Inc has a promotion for U.S. shoppers on Prime Day, the 48-hour marketing blitz that started Monday: Earn $10 of credit if you let Amazon track the websites you visit.



7 years ago
Oil gains as Iran tensions outweigh U.S. supply boom

Oil gains as Iran tensions outweigh U.S. supply boom

Oil prices rose on Tuesday as tensions in the Middle East outweighed the impact of a resumption of production in the Gulf of Mexico after Hurricane Barry and a boom in U.S. supply from shale oil.



7 years ago
Senate to grill Facebook over plans for Libra cryptocurrency

Senate to grill Facebook over plans for Libra cryptocurrency

U.S. lawmakers from both sides of the aisle are set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and politicians across the globe. Facebook is fighting a rearguard action to get Washington onside after it shocked regulators and lawmakers with an announcement on June 18 that it was hoping to launch a new digital coin called Libra in 2020.



7 years ago
Johnson & Johnson beats profit estimates on pharma strength, raises sales outlook

Johnson & Johnson beats profit estimates on pharma strength, raises sales outlook

Johnson & Johnson hiked its full-year operational sales forecast as strong demand for its cancer drugs Darzalex and Imbruvica helped it beat estimates for second-quarter profit on Tuesday.



7 years ago