Credit Suisse cuts market forecast because of the coronavirus 'global demand shock'
As the coronavirus outbreak continues to hit global markets, Credit Suisse cut its 2020 S&P 500 target while also reducing earnings estimates.
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.
Robinhood goes down again, causing clients to miss out on another historic trading day
Robinhood is experiencing another major outage on Monday.
Dow slumps 2,000 points after oil shock
Wall Street's main stock indexes plummeted and the Dow Jones Industrials crashed 2,000 points on Monday as a 22% slump in oil prices and the rapid...
Trump blames oil fight, 'Fake News' for stock market drop
U.S. President Donald Trump blamed a fight for oil market share between Saudi Arabia and Russia, as well as unspecified "Fake News," for a precipitous drop...
Instant View: Wall Street plunges after oil shock, trading halts then resumes
U.S. equities plunged on Monday as trading resumed following a slump in oil prices.
Twitter, Elliott agree on board seats, Silver Lake investment
Twitter Inc said on Monday that it will name three new directors to its board in an agreement with activist investor Elliott Management and private equity...
Oil prices plunge by a third as Saudi-Russian pump war looms
Oil prices lost as much as a third of their value on Monday in their biggest daily rout since the 1991 Gulf War as Saudi Arabia...
Russia vs Saudi: How much pain can they take in oil price war?
Oil titans Russia and Saudi Arabia have accumulated vast financial cushions that will help them weather a lengthy price war. It's a battle of nerves -...
Factbox: A 7% plunge in the S&P just triggered a trading halt. Here's how circuit breakers work
A plunge in U.S. markets on Monday triggered a 15-minute trading halt in stocks after the S&P 500 fell 7% shortly after the market opened.
El-Erian: US stock market could end up dropping 20%-30% before bottom is finally reached
"This is going to be treacherous for a while. I would advise most retail investors to stay on the sidelines, not panic. There will be opportunities...
Coronavirus to drive European airline industry shakeout
The coronavirus will accelerate a Darwinian shakeout in Europe's overcrowded airline industry that ultimately benefits Ryanair and British Airways owner IAG, industry experts predict.
U.S. stock market circuit breakers working as expected: NYSE president
Safeguards in the U.S. stock market are functioning as planned, the president of the New York Stock Exchange said on Monday, after a 7% decline in...
Tesco plans $6.6 billion shareholder return from Asia disposals
Tesco plans to return $6.6 billion to shareholders after agreeing to sell its supermarket businesses in Thailand and Malaysia to Charoen Pokphand Group as part of...
Oil prices plunge, hit by erupting Saudi-Russia oil price war
Oil prices crashed on Monday, suffering their biggest daily rout since the 1991 Gulf War, after the collapse of an OPEC+ supply agreement that now threatens...
How wealthy investors are managing their portfolios amid the coronavirus scare
The rapidly-spreading COVID-19 is a so-called black swan event, even for well-to-do investors. Members of TIGER 21, an investment club for high-net worth individuals, are stocking...