Global shares head for worst week since 2008 financial crisis
Global share prices headed for the worst week since the darkest days of the world financial crisis in 2008 as investors braced for the coronavirus to...
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.
Investors ditch market risk as stocks fall into correction
Fears of a sustained global economic impact as the coronavirus rapidly spreads beyond China have sent investors scrambling to find safety less than 10 days after...
Holt Fintech Accelerator 2020 cohort application’s now open (Deadline May 9)
Holt Accelerator Sam El Falah Feb 27, 2020 The Holt Fintech accelerator is currently taking applications for its 2020 cohort and looking for the best and...
SEC orders Wells Fargo pay $35 million for recommendations of high-risk products
The U.S. Securities and Exchange Commission said on Thursday it ordered Wells Fargo & Co to pay $35 million to settle charges it failed to adequately...
Fed seen cutting rates amid virus threat, low inflation
The Federal Reserve may need to move aggressively to cut borrowing costs to cushion the economy from the effects of the rapid spread of the new...
Europe looking for positive signal from U.S. on trade: EU lawmaker
The European Union hopes to de-escalate trade tensions with the United States but wants Washington to lower steel tariffs or make another goodwill gesture after a...
Mylan warns of possible drug shortages, financial hit due to coronavirus
Drugmaker Mylan NV said on Thursday it expects the coronavirus outbreak to impact its financial results and warned of drug shortages in case of continued spread...
Mexico's state-run Pemex posts steep 2019 loss in blow to president's revival plan
Petroleos Mexicanos posted a $18.3 billion net loss for 2019 on Thursday, nearly doubling the previous year's loss and dealing a major blow to the Mexican...
Beyond Meat posts profit miss, dragged by investment, marketing costs; shares fall
Beyond Meat Inc on Thursday missed quarterly earnings expectations due to higher costs, and said Executive Chairman Seth Goldman would give up his executive status, while...
Thyssenkrupp sells elevator unit for $18.7 billion to Advent, Cinven consortium
By Christoph Steitz, Edward Taylor, Matthias Inverardi and Tom Käckenhoff
Facebook to publicly track political sponsored content after Bloomberg's paid memes
Facebook Inc will provide a way for people to track political sponsored content on Facebook and Instagram ahead of the U.S. presidential election, it said on...
Beyond Meat triples sales but shares fall after profit miss
Beyond Meat Inc said on Thursday that fourth-quarter sales tripled, but shares fell 7% in after-hours trading as the company missed earnings expectations and announced that...
Pandemic fears send investors running as Wall Street confirms correction
Wall Street's main indexes plunged on Thursday for the sixth straight session, with the S&P 500 confirming its fastest correction in history as the rapid global...
Dow suffers record decline in points as Wall Street leads global stocks lower
The Dow industrials posted the largest-ever points drop on Thursday as Wall Street led stocks across the globe lower, with traders fretting over the economic impact...
FCC to propose $200 million fines for U.S. cellphone carriers over consumer data disclosures
The U.S. Federal Communications Commission is set to propose fining four major U.S. mobile phone companies at least $200 million in total for improperly disclosing some...