Majority of U.S. firms in China see revenue hit from coronavirus: AmCham survey
The majority of U.S. firms with operations in China expect a virus outbreak to cut revenue this year, and some are accelerating plans to shift their...
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.
Toyota keeps China plant output stopped through February 16 as virus hits supply, logistics
Toyota Motor Corp on Friday said production at all of its China plants would remain suspended through Feb. 16, joining a growing number of automakers facing...
Hargreaves top investor sells shares at discount; stock drops
Hargreaves Lansdown co-founder and biggest shareholder Peter Hargreaves has sold 34.4 million shares in the investment platform, at more than a 6% discount to the stock's...
U.S. interest positive for Ericsson, says top owner Cevian
U.S. interest in buying a stake in Ericsson would be positive for the company, but any deal would have to be at a far higher price...
From black swan to bubble: as virus concerns fade, investors worry about a melt-up
When worries over the coronavirus shook U.S. stocks out of a period of quiet trading last week, investors wondered if the outbreak was the “Black Swan”...
Tesla's surge inspires fans to buy, skeptics to dig in, drives fear of missing out
Pretty much everyone on Wall Street has an opinion about Tesla.
Japanese telco SoftBank posts 15% rise in third-quarter profit, hikes full-year forecast
Japanese telco SoftBank Corp on Friday reported a 15% rise in third-quarter operating profit, beating estimates, underpinned by its mobile business.
Suzuki posts 11% fall in third-quarter profit, hit by slowing India demand
Suzuki Motor Corp reported on Friday an 11% fall in third-quarter operating profit to its lowest in roughly three years as vehicles sales in Japan, Pakistan...
Credit Suisse CEO Tidjane Thiam quits after spying scandal
Credit Suisse said on Friday it had accepted Chief Executive Tidjane Thiam's resignation following a spying scandal. The Zurich-based bank said he would be replaced by...
U.S. payroll gains seen picking up, benchmark revisions under spotlight
U.S. job growth likely picked up in January, with unseasonably mild temperatures seen boosting hiring in the weather-sensitive sectors, indicating the economy will probably continue to...
Boeing's fraying 737 MAX suppliers see capacity crunch
Boeing Co suppliers are shedding jobs and capacity to cope with a halt in 737 MAX output, but while that staves off chaos, aerospace executives worry...
Fish talks: U.S. official says successful talks crucial for WTO
The United States said on Thursday it was pushing hard for the World Trade Organization to reach agreement on cutting fishing subsidies in coming months and...
Foxconn, Chinese firms refit production lines to make masks amid virus outbreak
A number of Chinese manufacturers including a subsidiary of Apple Inc partner Foxconn have refitted production lines to make masks and medical clothing, as a deadly...
Growth worries on coronavirus send stocks lower at end of best week since June
Global equity markets and government debt yields slumped on Friday as growing concerns about the impact of the coronavirus on global growth overshadowed a strong U.S....
Treasury's Mnuchin sees U.S. GDP growth less than 3% in 2020
Treasury Secretary Steven Mnuchin said on Friday he expects 2020 U.S. GDP growth to be less than 3%, partly due to problems at Boeing Co ,...