Qualcomm second-quarter results beat estimates, shares rise
Qualcomm Inc on Wednesday beat Wall Street estimates for quarterly results and forecast current-quarter sales largely in line with expectations even though several other chipmakers had...
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.
Exclusive: Chesapeake Energy preparing bankruptcy filing
Chesapeake Energy Corp , the oil and gas exploration and production company that was at the forefront of the past decade's U.S. shale boom, is preparing...
Futures jump after Gilead's COVID-19 drug meets main goal
U.S. stock index futures jumped on Wednesday after Gilead Sciences said its experimental antiviral drug met the main goal of a trial testing it in COVID-19...
Facebook sees signs of stability in ad spending
Facebook Inc beat analysts' estimates for quarterly revenue on Wednesday, and said it has seen signs of stability in ad spending during the first three weeks...
Shares jump on coronavirus treatment hopes, oil soars
World stock markets rose sharply on Wednesday following encouraging news for an experimental COVID-19 treatment and some positive earnings reports, while beaten-up oil prices soared.
Tesla's Elon Musk calling coronavirus lockdowns 'fascist' overshadows profitable quarter
Tesla Inc's outspoken CEO Elon Musk on Wednesday called sweeping U.S. stay-at-home restrictions to curtail the coronavirus outbreak "fascist" as the electric carmaker posted its third...
AirAsia to halt Airbus deliveries and review orders
AirAsia Group , one of Europe's top five corporate export customers, will stop taking deliveries of Airbus jets this year and review its remaining orders as...
Health insurer Anthem beats revenue estimates on higher premiums
U.S. health insurer Anthem Inc beat quarterly estimates for revenue on Wednesday, helped by the recent launch of its pharmacy benefits unit and higher premiums.
Lufthansa's Belgian carrier suspends flights until June 1
Belgium’s Brussels Airlines, a Lufthansa (LHAG.DE) subsidiary, has extended its suspension of flights until June 1, it said on Wednesday.
Exclusive: Boeing eyes major bond issue to raise funds
Boeing Co is working with investment banks on a multibillion-dollar bond-fueled financing package as it aims to shore up its balance sheet amid a sharp travel...
Asian stocks set to track U.S. gains as virus treatment hopes lift confidence
Asian equity markets were poised to gain on Thursday, tracking Wall Street's rally after positive trial results of an experimental COVID-19 treatment, a U.S. Federal Reserve...
SoftBank sees $8.4 billion net loss on WeWork writedown
SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) in the year ending March on the portion of its WeWork...
Face masks and a factory redesign: How Bentley plans return to work
Bentley will make wearing face masks compulsory at its British car factory and has redesigned the site to introduce a two-metre distance between workers which will...
KFC operator Yum's same-store sales, profit as lockdowns bite
Yum Brands Inc reported a 7% fall in quarterly comparable store sales on Wednesday, as many restaurants across its brands were closed or limited to delivery...
Shares edge up as economies look to reopen
World shares eked out slim gains on Wednesday, with optimism over economies easing coronavirus lockdowns and rebounding oil prices leavened by a mixed picture on corporate...