Fed lending program not for insolvent oil drillers, Kaplan says
Insolvent or overly leveraged firms, including oil drillers and oil services firms, won't be able to tap the U.S. central bank's "Main Street" emergency lending program,...
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Surging small cap stocks offer hope of U.S. growth rebound
Big gains in small caps stocks are fueling hopes that a bounce in broader equity markets may stick, as investors ponder how quickly the U.S. economy...
World shares mixed amid hopes for business pickup, oil slips
Oil prices slid and world equity markets seesawed on Wednesday as investor hopes for a pickup in business activity were dashed by downbeat economic data and...
S&P 500, Dow drop as financial sector declines counter tech gains
The S&P 500 and the Dow fell on Wednesday as declines in financials and defensive groups countered gains in tech shares and as data showed U.S....
Exclusive: U.S. drafts rule to allow Huawei and U.S. firms to work together on 5G standards - sources
The U.S. Department of Commerce is close to signing off on a new rule that would allow U.S. companies to work with China's Huawei Technologies on...
Lyft sees rider demand rebound in late April, 'on path to profitability'
Lyft Inc on Wednesday surprised investors with higher-than-expected revenue and the ride-hailing company vowed further cost cuts to become profitable as the U.S. coronavirus lockdown batters...
T-Mobile beats first-quarter postpaid subscriber estimates
T-Mobile US Inc added more monthly bill paying phone subscribers than expected in the first quarter, thanks to cheaper plans compared to its rivals and a...
Fox Corp quarterly revenue tops estimates as Super Bowl boosts viewership
Fox Corp beat Wall Street estimates for third-quarter revenue and profit on Wednesday as Super Bowl broadcast boosted television viewership, sending the company's shares up more...
He's an American but his wife is not. He's not getting a stimulus check
With many Americans still counting the days until they get their $1,200 checks, some are in for a surprise. If you're American, but your spouse is...
PayPal profit slumps as COVID-19 weighs on spending
Payment processor Paypal Holdings Inc reported an 87.4% slump in first-quarter profit on Wednesday, as consumers spent less due to the COVID-19 lockdowns and unemployment numbers...
New York Times adds record digital subscribers, posts upbeat first-quarter results
The New York Times Co crossed five million digital subscribers, adding a record number and withstanding a heavy drop in ad revenue in the first quarter...
T-Mobile beats phone subscriber estimates as lockdown creates demand surge
T-Mobile US Inc added more monthly bill paying phone subscribers than expected in the first quarter, thanks to a surge in demand for cheaper phone services...
Lyft sees rider demand improve in late April, 'on path to profitability'
Lyft Inc on Wednesday posted higher-than-expected revenue and the ride-hailing company vowed further cost cuts to become profitable, saying ridership hit by the coronavirus pandemic had...
Peloton raises revenue forecast as people turn to home workouts in lockdowns
Peloton Interactive Inc raised its forecast for full-year revenue on Wednesday as "stay at home" orders encouraged more people to buy the company's exercise bikes and...
Peloton gets lockdown boost as home workouts drive exercise bike sales
Peloton Interactive Inc raised its forecast for full-year revenue on Wednesday as "stay at home" orders led to a surge in sales of the company's exercise...