Latest News on private equities market

Ryanair says passenger total for current year may miss target

Ryanair says passenger total for current year may miss target

Ryanair expects to fly between 151 million and 153 million passengers in the year to March 31, 2020, Chief Executive Michael O'Leary said on Tuesday, down from an earlier forecast of 153 million passengers.



7 years ago
JPMorgan profit beats estimates on lending strength; net interest margin dips

JPMorgan profit beats estimates on lending strength; net interest margin dips

JPMorgan Chase & Co reported a better-than-expected quarterly profit on Tuesday as higher interest income and buoyant consumer lending offset lower activity at its trading desks.



7 years ago
Wells Fargo profit beats estimates on cost controls, rise in loans

Wells Fargo profit beats estimates on cost controls, rise in loans

Wells Fargo & Co beat analysts' estimates for quarterly profit on Tuesday, as the fourth-largest U.S. bank benefited from an uptick in lending and aggressive cost cutting.



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
Oil prices gain, U.S. crude little changed after inventory data

Oil prices gain, U.S. crude little changed after inventory data

Oil prices rose on Wednesday after steep falls in the previous session, although U.S. crude trailed gains for international benchmark Brent after U.S. crude inventories fell less than expected.



7 years ago
Tencent-backed live-streaming firm DouYu prices U.S. IPO at low end of range

Tencent-backed live-streaming firm DouYu prices U.S. IPO at low end of range

DouYu International Holdings Ltd , China's largest live-streaming platform, on Tuesday said it sold $775 million in stock at a $3.73 billion valuation after pricing its U.S. initial public offering (IPO) at the bottom of an indicative range.



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
As Fed approaches rate cut, policymakers debate how deep to trim

As Fed approaches rate cut, policymakers debate how deep to trim

U.S. Federal Reserve policymakers, moving toward their first interest rate reduction in a decade later this month, on Tuesday sketched out arguments for whether rates should be cut by a quarter or a half a percentage point.



7 years ago
As steep patent cliff looms, Shionogi moves to develop its own U.S. sales staff

As steep patent cliff looms, Shionogi moves to develop its own U.S. sales staff

For much of its 141-year history, Japan's Shionogi & Co Ltd has played safe when selling its drugs in the United States and other overseas markets - relying on bigger partners to promote its products and avoiding the cost of maintaining a large sales force.



7 years ago
Visa invests in Indonesian ride-hailing firm Go-Jek

Visa invests in Indonesian ride-hailing firm Go-Jek

Visa Inc said on Wednesday it has invested in Indonesia's Go-Jek as part of the ride-hailing company's ongoing Series F fundraising round.



7 years ago
Wall Street slips as bank earnings, Trump trade comments weigh

Wall Street slips as bank earnings, Trump trade comments weigh

U.S. stocks edged lower on Tuesday as quarterly results from banks added to concerns about lower interest rates dampening their profits, while comments from U.S. President Donald Trump on trade also dragged down Wall Street's major indexes.



7 years ago
United Airlines quarterly profit beats on strong travel demand, higher fares

United Airlines quarterly profit beats on strong travel demand, higher fares

United Airlines Holdings Inc on Tuesday reported a greater-than-expected increase in second-quarter profit, driven by strong air travel demand and the ability to charge more for seats given supply constraints from the Boeing Co 737 MAX grounding.



7 years ago
U.S. retail sales data dents stocks, lifts Treasury yields

U.S. retail sales data dents stocks, lifts Treasury yields

A gauge of global equities lost ground on Tuesday and U.S. Treasury yields moved higher as a stronger-than-anticipated report on retail sales raised the possibility the Federal Reserve could adopt a less dovish stance.



7 years ago
U.S. Justice Department asks appeals court to pause antitrust ruling against Qualcomm

U.S. Justice Department asks appeals court to pause antitrust ruling against Qualcomm

The U.S. Justice Department asked a federal appeals court to pause the enforcement of a sweeping antitrust ruling against mobile chip supplier Qualcomm Inc on Tuesday, citing support from the Energy Department and Defense Department.



7 years ago
United tops profit estimates as MAX woes prompt higher fares in robust travel market

United tops profit estimates as MAX woes prompt higher fares in robust travel market

United Airlines Holdings Inc on Tuesday reported a bigger-than-expected increase in second-quarter profit, driven by strong air travel demand and the ability to charge more for seats after the grounding of Boeing Co's 737 MAX reduced capacity.



7 years ago