Boeing supplier Spirit slashes dividend due to 737 MAX crisis
Spirit AeroSystems Inc, Boeing Co's largest supplier, said on Friday it would slash its quarterly dividend to just 1 cent per share as it grapples with...
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.
Credit Suisse's incoming CEO Gottstein looking to grow balance sheet
Credit Suisse's incoming chief executive, Thomas Gottstein, plans to stick Switzerland's second-biggest bank on a growth offensive following predecessor Tidjane Thiam's cost-cutting exercise, he told Reuters...
Social Security is a very personal matter for many presidential candidates
Social Security is already a heated topic among the 2020 presidential candidates, many of whom are already eligible for retirement benefits themselves. Here's how those claiming...
Mild weather boosts U.S. job growth; but benchmark revisions show ebbing momentum
U.S. job growth accelerated in January, with unseasonably mild temperatures boosting hiring in weather-sensitive sectors, indicating the economy will probably continue to grow moderately despite a...
Futures extend declines after January jobs data
U.S. stock index futures extended losses on Friday after the Labor Department revised some past employment numbers lower, suggesting job growth could significantly slow this year.
Credit Suisse chairman says many shareholders back board on CEO exit
Credit Suisse Chairman Urs Rohner said many shareholders have backed the board following the departure of Chief Executive Tidjane Thiam in the fallout from a spying...
Sparkle fades as coronavirus risks wiping out luxury goods growth
The luxury goods industry normally relishes the spotlight, but in the case of China's coronavirus it is ruing being one of the most globally exposed sectors...
Thiam quits as Credit Suisse CEO after split with chairman over spying scandal
Credit Suisse Chief Executive Tidjane Thiam has quit after a power struggle with Chairman Urs Rohner at Switzerland's second-biggest bank, triggered by a damaging spying scandal.
Futures back off after four-day rally ahead of crucial jobs report
U.S. stock index futures retreated on Friday following a four-day run this week that lifted the Wall Street's main indexes to record highs, with attention turning...
Sweden says U.S. interest in Ericsson logical for 5G capability
U.S. interest in Ericsson is logical given that it is one of only a few companies offering a complete portfolio for the rollout of super-fast 5G...
Stock performance study shows companies should take environmental and social factors seriously
Societe Generale studied the impact on companies following an ESG high controversy event, finding that stocks typically underperformed by 12% over the following two years.
AbbVie leans on new treatments to forecast upbeat 2020 profit
AbbVie Inc on Friday forecast 2020 earnings above Wall Street estimates as the drugmaker expects growth to be powered by its new treatments for psoriasis and...
Blue collar boom? College grads, baby boomers big winners in Trump's economy
U.S. President Donald Trump rolled out an eye-catching statistic in his State of the Union address Tuesday: the wealth held by the poorest half of American...
ArcelorMittal, commissioners extend talks on Italy's Ilva plant: lawyer
ArcelorMittal and commissioners of the Ilva steelworks in southern Italy have agreed to extend talks to the end of the month after making progress towards a...
U.S. interest lifts shares in Huawei rivals Ericsson, Nokia
Shares in Ericsson and Nokia rose sharply on Friday, a day after a U.S. official suggested the United States should consider buying stakes in the telecom...