Kraft Heinz takes $666 million charge, misses sales expectations
Kraft Heinz Co on Thursday missed quarterly sales estimates due to lower demand for products like bacon and cheese, and wrote down the value of some...
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.
Nestle boss Schneider eyes more deals to bolster growth ambitions
Nestle Chief Executive Mark Schneider will fine-tune his transformation plans with more acquisitions, he said after the Swiss food group lowered growth expectations on Thursday.
Airbus, Quebec to buy out Bombardier's A220 stake
Airbus has teamed up with the Quebec government to buy Bombardier's 33.5% stake in the A220 passenger jet program, completing the Canadian firm's exit from civil...
Oil prices mixed as demand concerns outweigh output cut expectations
Oil prices were mixed on Thursday as concerns about falling demand caused by travel restrictions tied to the coronavirus outbreak in China, the world's biggest oil...
Airbus to buy rest of Bombardier stake in A220 passenger jet program
European planemaker Airbus has reached a deal to buy the remaining stake of Canadian plane and train maker Bombardier in the A220 passenger jet program, it...
Google's fight against EU antitrust fine comes up against critical judge
Google's battle against a $2.6 billion EU antitrust fine was dealt an apparent setback on Thursday, when one of the judges hearing the case said the...
Those annoying required withdrawals from your IRAs just got changed
The recently passed Secure Act, as well as updated life expectancy tables proposed by the IRS, would change how you calculate those pesky RMDs.
AIG profit beats on stronger underwriting in general insurance unit
Insurer American International Group Inc on Thursday reported a quarterly profit that beat estimates, as the company booked an underwriting income in its general insurance business.
Nestle expects growth this year after solid 2019
Food giant Nestle expects a continued increase in organic sales growth this year after it hit a four-year high at 3.5% and profitability improved in 2019,...
Wall St. slips from record levels at open on fears over new coronavirus case count
Wall Street's main indexes slipped from record highs at the open on Thursday as a sharp increase in the number of deaths and cases related to...
Royal Caribbean cancels 18 cruises, warns coronavirus hit to yearly profit
Royal Caribbean Cruises Ltd on Thursday said it had canceled 18 cruises in Southeast Asia and joined larger rival Carnival Corp in warning that its full-year...
Emerson says will not pursue a break-up following internal review
Emerson Electric Co told investors on Thursday it would not pursue a break-up following a review it launched last year into whether to separate its industrial...
Wall Street slips as coronavirus fears mount
Wall Street lost ground on Thursday, backing away from record highs as investors digested new coronavirus developments and mixed corporate earnings.
JPMorgan sets July deadline for fintechs to sign new data access deals: sources
JPMorgan Chase & Co has told financial technology companies they will be barred from accessing its customer information by July 30 unless they sign data access...
Exclusive: Venezuela's PDVSA to unload $57 million oil cargo disputed by rival Citgo boards
Venezuela's state-run oil company PDVSA this week plans to discharge nearly 1 million barrels of crude stranded for over a year at sea over U.S. sanctions...