Goldman predicts 36% drop in iPhone shipment, says time to sell Apple shares
Goldman Sachs said on Friday it expects iPhone shipment to drop 36% during the third quarter due to coronavirus-related lockdowns around the world and downgraded Apple...
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.
Developing countries unlock key industries to safeguard earnings and jobs
From Africa to Asia and Latin America, emerging countries disproportionately bruised by the COVID-19 pandemic are allowing some key industries to start back up in a...
Oil rises as Trump plans to ease lockdown
Oil prices rose on Friday as President Donald Trump laid out plans to ease the U.S. coronavirus lockdown and on reports, later played down, that a...
P&G beats profit estimates as consumers stock up on toilet rolls, detergents
Procter & Gamble Co beat expectations for quarterly profit on Friday as consumers stocked up on everything from diapers and detergents to toilet rolls amid sweeping...
IRS sends coronavirus stimulus checks to dead people
The Internal Revenue Service inadvertently deposited some of the coronavirus stimulus payments into the accounts of deceased Americans.
Some life insurers hit pause on older Americans during coronavirus crisis
Some U.S. life insurers are deciding not to gamble on older Americans during the coronavirus crisis by temporarily suspending applications from certain age groups or imposing...
Wall Street bounces on Boeing bump, Trump's restart plan
U.S. stocks jumped on Friday following President Donald Trump's new guidelines to reopen the economy and on a report of a drug to potentially treat COVID-19,...
GE aircraft leasing unit cancels 69 737 MAX orders
General Electric Co's aircraft leasing subsidiary canceled 69 orders for Boeing Co's grounded 737 MAX jets on Friday, as it evaluates its order book in the...
World Bank says no 'free ride' for commercial creditors on debt relief
Commercial creditors need to support debt relief for the poorest countries and cannot just "free ride" on a suspension in debt payments by official bilateral creditors,...
Italy's firms shake lockdown using shortcut in coronavirus law
Weeks into Italy's coronavirus lockdown, thousands of Italian entrepreneurs have been given a bureaucratic shortcut to market.
Deutsche Bank investor files new motion to oust chair at shareholder meeting
Deutsche Bank investor Riebeck-Brauerei on Friday filed a motion seeking a vote to oust the lender's chairman Paul Achleitner at this year's annual general meeting, according...
U.S.'s Pompeo: Nations should rethink use of China's Huawei amid coronavirus
U.S. Secretary of State Mike Pompeo on Friday said China's role in the global coronavirus pandemic is likely to force countries to rethink their telecommunications infrastructure,...
Op-Ed: Advisors need to help clients get back to basics during this volatility
While financial advisors must continue being proactive in helping clients maintain financial well-being during the coronavirus pandemic and downturn, the most effective advisors are managing their...
Preparing for Acquisition
If your long-term goals include a potential exit via acquisition, you can prepare ahead of time to be a more attractive target. Continue reading
AMC says it has enough cash to withstand theater shutdowns until July
AMC Entertainment Holdings Inc, the world's largest theater operator, said on Friday its current cash balance was enough to withstand a global suspension of operations until...