Latest News on private equities market

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
Barclays sees Carrefour-Casino merger as possible, pushing up Casino shares

Barclays sees Carrefour-Casino merger as possible, pushing up Casino shares

Shares in French retailer Casino rose around 2% on Tuesday after Barclays said in a note that a tie-up with larger rival Carrefour could be a possibility "given the difficulties encountered by Casino's majority shareholder."



7 years ago
Stock futures flat after JPMorgan results; Goldman Sachs, Wells Fargo eyed

Stock futures flat after JPMorgan results; Goldman Sachs, Wells Fargo eyed

U.S. stock futures were trading flat on Tuesday as investors parsed through the earnings report from JPMorgan Chase and awaited results from Wall Street banks such as Goldman Sachs and Wells Fargo.



7 years ago

Jamie Dimon raves about the strength of the US consumer

J.P. Morgan chief Jamie Dimon praised the strength of the consumer after the largest U.S. bank posted strong second-quarter earnings on Tuesday.

7 years ago
JPMorgan profit beats estimates on strength in consumer banking

JPMorgan profit beats estimates on strength in consumer banking

JPMorgan Chase & Co reported a better-than-expected quarterly profit on Tuesday as higher interest income and a modest increase in loans more than made up for lower activity at the bank's trading desks.



7 years ago
Domino's Pizza U.S. same-store sales miss estimates, shares fall 6%

Domino's Pizza U.S. same-store sales miss estimates, shares fall 6%

Domino's Pizza Inc on Tuesday reported second-quarter same-store sales at its U.S. outlets that grew slower than expected as it faced fierce competition from rival pizza chains and third-party delivery companies, sending its shares down about 6% before the bell.



7 years ago
Goldman Sachs profit hit by weakness in trading, underwriting

Goldman Sachs profit hit by weakness in trading, underwriting

Goldman Sachs Group Inc reported a 6% fall in quarterly profit on Tuesday as the Wall Street investment bank was hurt by muted fixed income trading activity and weakness in debt underwriting.



7 years ago
Samsung, SK Hynix ask Korean firm to boost chemicals supply amid Japanese curbs

Samsung, SK Hynix ask Korean firm to boost chemicals supply amid Japanese curbs

South Korea's Samsung Electronics and SK Hynix have asked a local supplier to the boost supply of a key chipmaking chemical to guard against any production disruptions, an official at the supplier said on Tuesday.



7 years ago
Tech executives head to Capitol Hill for antitrust hearing

Tech executives head to Capitol Hill for antitrust hearing

Executives from tech giants Apple Inc , Amazon.com Inc , Facebook Inc and Alphabet's Google go before the House Judiciary Committee's antitrust panel Tuesday to discuss competition in online markets.



7 years ago
Demand for new designer's ranges lift Burberry sales and shares

Demand for new designer's ranges lift Burberry sales and shares

Strong demand for designer Riccardo Tisci's new fashion ranges helped revenue at British label Burberry grow faster than expected in the first quarter, sending its shares soaring as a high stakes overhaul showed early signs of promise.



7 years ago