Dash for cash as most investors expect drawn-out recovery: BofA survey
Investors have been hoarding cash at a rate not seen since the immediate aftermath of the 9/11 attacks of 2001, BofA's April fund manager survey showed,...
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.
Global stocks gain on China trade data, easing pandemic worries
World stocks gained on Tuesday after Chinese trade data came in better than expected and as some countries tried to restart their economies by partly lifting...
As college classes move online, don't expect a tuition discount due to coronavirus
Many students and their parents argue that online classes and remote learning is just not the same as face-to-face instruction and should cost less.
Cisco offers big payment deferrals until 2021 as companies seek remote-work tools
Cisco Systems Inc on Tuesday launched a $2.5 billion financing program that lets its customers defer 95% of payments until 2021, giving companies additional leeway at...
J&J beats profit estimates but coronavirus fuels forecast cut
Johnson & Johnson on Tuesday beat analysts' estimates for first-quarter profit on higher sales of its cancer drugs and consumer products including Tylenol, while cutting its...
NMC Health board revamped by administrators
The administrators of troubled hospital operator NMC Health have announced a new board for the London-listed company, bringing in four non-executive directors with international restructuring experience.
Global airline hit from coronavirus rises to $314 billion: IATA
Global airlines will lose $314 billion in revenue due to the coronavirus pandemic in 2020 according to a forecast from the industry's representative body IATA, which...
Wells Fargo reports first-quarter EPS of just 1 cent as it sets aside more money for credit losses
Wells Fargo's quarterly results were the first ones since the coronavirus outbreak paralyzed the global economy.
JPMorgan profit plunges as banks brace for coronavirus hit
JPMorgan Chase & Co's profit plunged by more than two-thirds in the first quarter as the largest U.S. bank put aside nearly $7 billion in reserves...
Coronavirus 'Great Lockdown' to shrink global economy by 3% in 2020: IMF
The global economy is expected to shrink by 3.0% during 2020 in a stunning coronavirus-driven collapse of activity that will mark the steepest downturn since the...
Wells Fargo first-quarter profit decimated as coronavirus boosts provisions
Wells Fargo & Co on Tuesday reported a plunge in first-quarter profit as the U.S. bank set aside billions of dollars to cover potential loan-losses from...
Next's reopened website closed to new orders by 0730 GMT
British clothing retailer Next has closed its re-opened website to orders until Wednesday after reaching a self-imposed daily order limit.
Norwegian Air shares plummet as survival depends on rescue plan
The shares of Norwegian Air plummeted on Tuesday, and have now eroded almost their entire value from a 2015 peak, as the airline's survival depends on...
Texas hearing on oil production curbs stirs hornet's nest
Texas energy regulators are scheduled on Tuesday to hear from dozens of energy executives on an initiative calling for the state to mandate an output cut...
Toyota plans limited operations in France, Poland from April 22
Toyota Motor Corp on Monday said it plans to restart limited production at vehicle plants in France and Poland from April 22 after closing them due...