Latest News on private equity markets

JPMorgan announces big moves to support environment, including ending loans to coal industry

JPMorgan announces big moves to support environment, including ending loans to coal industry

Under CEO Jamie Dimon, JPMorgan has held annual investor meetings to update stakeholders on performance targets, market conditions and areas of opportunity

6 years ago
JPMorgan raises clean energy spending goals, profit targets unchanged

JPMorgan raises clean energy spending goals, profit targets unchanged

JPMorgan Chase & Co on Tuesday largely maintained its key profit goals for the medium term, while the largest U.S. bank also raised its financial commitment for clean-energy initiatives, after years of pressure from environmental activists.



6 years ago
Home Depot beats sales and profit estimates on housing market strength

Home Depot beats sales and profit estimates on housing market strength

Home Depot Inc beat quarterly sales and profit estimates on Tuesday, boosted by a strong U.S. housing market and demand during the holiday season.



6 years ago
Positive earnings boost futures after Monday's selloff

Positive earnings boost futures after Monday's selloff

U.S. stock index futures edged higher on Tuesday, helped by a slate of positive earnings, a day after the S&P 500 and the Dow Industrials logged their worst session in two years on worries over the worldwide spread of the virus.



6 years ago
Here's how to improve your credit score right away

Here's how to improve your credit score right away

Generally speaking, the higher your credit score, the better off you are. But the recovery time from a missed payment or financial setback differs for everyone.

6 years ago
Oil falls for third day as virus concern outweigh supply cuts

Oil falls for third day as virus concern outweigh supply cuts

Oil fell towards $56 a barrel on Tuesday, declining for a third session, as concerns about the spread of the coronavirus and its impact on oil demand outweighed OPEC output cuts and Libyan supply losses.



6 years ago
For Wells Fargo and former executives, $3 billion-deal with U.S. may not be the end

For Wells Fargo and former executives, $3 billion-deal with U.S. may not be the end

Although Wells Fargo & Co settled major probes with federal agencies over abusive sales practices last week, the bank and its former executives are not out of the woods yet, legal and regulatory experts said.



6 years ago
Thomson Reuters names new CEO, earnings top estimates

Thomson Reuters names new CEO, earnings top estimates

Thomson Reuters Corp said on Tuesday it had appointed former Nielsen Holdings Plc president Steve Hasker as its new chief executive officer, succeeding Jim Smith.



6 years ago
Mastercard names product chief Michael Miebach as CEO, Ajay Banga moves to executive chairman

Mastercard names product chief Michael Miebach as CEO, Ajay Banga moves to executive chairman

Mastercard announced that CEO Ajay Banga will leave his position and become executive chairman.

6 years ago
Global stocks sink further as virus fears weigh

Global stocks sink further as virus fears weigh

Global stocks sank to their lowest levels in over two months on Tuesday, as relief from a sharp selloff the previous day on fears about the spreading coronavirus proved temporary.



6 years ago
Mastercard CEO Ajay Banga to step down, insider Miebach tapped

Mastercard CEO Ajay Banga to step down, insider Miebach tapped

Mastercard said on Tuesday Chief Executive Officer Ajay Banga will step down at the start of the next year and will be replaced by Chief Product Officer Michael Miebach.



6 years ago
Macy's holiday-quarter comparable sales beats forecasts, shares jump

Macy's holiday-quarter comparable sales beats forecasts, shares jump

Department store chain Macy's Inc on Tuesday reported quarterly comparable sales that beat Wall Street estimates with the help of a smaller-than-feared decline in holiday sales.    Macy’s shares rose 7% in pre-market trade.     Comparable sales at Macy's owned and licensed stores fell 0.7% in the fourth quarter ended Feb. 1, compared with the 0.93% drop estimated by analysts, according to IBES data from Refinitiv.    Net income attributable to the company fell to $340 mil



6 years ago
Sure, the money's great, but kids get a lot more than cash when they run a successful side hustle

Sure, the money's great, but kids get a lot more than cash when they run a successful side hustle

From confidence to learning about taxes, marketing and bookkeeping, kids can gain much more than money when they learn to run their own successful side hustle.

6 years ago
IEA says virus-hit oil growth outlook lowest in a decade, could go lower

IEA says virus-hit oil growth outlook lowest in a decade, could go lower

The International Energy Agency's (IEA) outlook on global oil demand growth has fallen to its lowest level in a decade, IEA Executive Director Fatih Birol said on Tuesday, adding it could be reduced further due to the impact of the coronavirus outbreak.



6 years ago
Chinese consumers snap up yoga mats, video games, condoms as coronavirus keeps them at home

Chinese consumers snap up yoga mats, video games, condoms as coronavirus keeps them at home

As the coronavirus epidemic keeps hundreds of millions of Chinese stuck at home, they're shopping online to stave off boredom with games for Nintendo's Switch console, yoga mats, books and condoms all showing big jumps in orders.



6 years ago