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Latest News on private equity markets

P&G falls short of sales estimates for first time in over a year

Procter & Gamble Co reported quarterly sales that fell short of analysts' estimates for the first time in over a year, hurt by weakness in its baby and feminine care business, which sells everything from Tampax tampons to Pampers diapers.



5 years ago

Wall Street's next trading innovation: Air-fare derivatives

Airbus is working with Nasdaq to develop a derivatives-based trading platform that will allow airlines to protect against any drop in ticket prices.

5 years ago

Union Pacific profit misses estimates as energy shipments fall

U.S. railroad operator Union Pacific Corp reported a lower-than-expected quarterly profit, as freight volumes of agricultural products and energy shipments fell.



5 years ago

American Airlines beats quarterly profit estimates on strong travel demand

American Airlines Group Inc edged past Wall Street estimates for quarterly profit on Thursday, as strong travel demand and lower fuel costs cushioned the U.S. carrier from flight cancellations due to the 737 MAX grounding.



5 years ago

JetBlue resets cost structure to enable low airfares for next decade

JetBlue Airways Corp said on Thursday it had shaved $314 million off its cost base over the past three years, delivering on a cost-cutting drive designed to enable budget-friendly airfares over the next decade. Curbing costs is a priority for many companies, but particularly for airlines like JetBlue, where costs have been rising faster than for many peers and whose business model depends on fares that can compete with legacy airlines.



5 years ago

Futures inch lower on worsening China virus concerns, mixed earnings

U.S. stock index futures edged lower on Thursday on rising worries over the coronavirus outbreak in China that prompted a lockdown of two cities in the country, with a mixed bag of results adding to the dour sentiment.



5 years ago

ECB launches review that will redefine its mission and tools

The European Central Bank launched a broad review of its policy on Thursday that was likely to see new President Christine Lagarde redefine the ECB's main goal and how to achieve it.



5 years ago

How to save a cool $1,000 without living on ramen or giving up caffeine

So many small things can derail your finances, and only lattes seem to come in for the loudest criticism. Lunches out, the occasional muffin, late fees and memberships you don't use all add up to less cash for vacations, gifts, retirement — whatever you wish you had more money for.

5 years ago

Dollar gains vs euro as ECB holds policy steady, launches review

The dollar rose against the euro on Thursday after the European Central Bank left unchanged its key interest rates and stimulus programs and launched a broad review of its policy that was likely to see new President Christine Lagarde redefine the ECB's main goal and how to achieve it.



5 years ago

P&G sales growth shy of forecasts as slowing birthrate hurts diaper sales

Procter & Gamble Co on Thursday posted quarterly sales that missed analysts' expectations for the first time in five quarters, hurt by weakness in baby and feminine care products such as Pampers diapers and Tampax tampons.



5 years ago

Healthy travel demand helps cushion 737 MAX toll for American, Southwest

Healthy travel demand should continue to cushion results for American Airlines Group Inc and Southwest Airlines Co , the two said on Thursday, even as the prolonged Boeing 737 MAX grounding continues to hit costs and profits.



5 years ago

Xerox plans to nominate 11 directors to HP's board

Xerox Holdings Corp said on Thursday it plans to nominate 11 independent candidates to HP Inc's board, setting the stage for a proxy fight after the personal computer maker rebuffed its $33.5 billion takeover offer.



5 years ago

Wall Street opens lower on virus scare, mixed earnings

U.S. stocks opened lower on Thursday on rising worries over the coronavirus outbreak in China that prompted a lockdown of two cities in the country, while a mixed bag of results added to the dour sentiment.



5 years ago

Britain's Morrisons axes 3,000 management jobs in stores shake-up

British supermarket group Morrisons plans to cut 3,000 management jobs as part of a workforce restructuring that will create 7,000 frontline jobs in its stores, it said on Thursday.



5 years ago

Tesla overtakes Volkswagen as world's second most valuable carmaker

Tesla Inc has overtaken Germany's Volkswagen as the world's second most valuable carmaker behind Japan's Toyota , as the meteoric rise in the U.S. electric vehicle maker's shares reshuffles the global market.



5 years ago