Latest News on private equity markets

3M forecasts 2020 profit below estimates on weak China demand

3M forecasts 2020 profit below estimates on weak China demand

U.S. industrial giant 3M Co forecast 2020 profit below expectations and narrowly missed quarterly revenue estimates on Tuesday, as it continues to face sluggish demand in China, sending its shares down 2.8% in early trading.



6 years ago
U.S. laments UK decision allowing Huawei a limited 5G role: aide

U.S. laments UK decision allowing Huawei a limited 5G role: aide

The United States is disappointed by the United Kingdom's decision to grant Chinese telecommunications firm Huawei a limited role in its 5G mobile network, a senior Trump administration official said on Tuesday.



6 years ago
UK grants Huawei a limited role in 5G, defying President Trump

UK grants Huawei a limited role in 5G, defying President Trump

Prime Minister Boris Johnson on Tuesday granted China's Huawei a limited role in Britain's 5G mobile network, resisting U.S. pressure to exclude the company from next generation communications on fears China could use it to steal secrets.



6 years ago
Here's why getting a raise can actually hurt your retirement

Here's why getting a raise can actually hurt your retirement

Americans who get a pay increase need to change their savings behavior to maintain their standard of living in retirement.

6 years ago
Harley-Davidson's shares tumble on steeper fall in revenues

Harley-Davidson's shares tumble on steeper fall in revenues

Harley-Davidson Inc on Tuesday reported a larger-than-expected decline in its motorcycles revenue, hurt by a continuing slide in retail sales in the United States, sending its shares plunging in pre-market trade.



6 years ago
Services in spotlight after Apple stock market value hits $1.4 trillion

Services in spotlight after Apple stock market value hits $1.4 trillion

When Apple Inc posts quarterly results on Tuesday, investors will be looking for fresh evidence the iPhone maker should be treated as a producer of high-margin, subscription services after its stock market value touched $1.4 trillion and its earnings multiple trades at decade highs.



6 years ago
3M forecast 2020 profit below estimates on weak Asia demand

3M forecast 2020 profit below estimates on weak Asia demand

U.S. industrial giant 3M Co forecast 2020 profit below expectations and narrowly missed quarterly revenue estimates on Tuesday, as it faces sluggish demand in Asia, its largest market outside the United States, sending its shares down 2.4%.



6 years ago
Airbus agrees to settle corruption probes with France, UK, U.S.

Airbus agrees to settle corruption probes with France, UK, U.S.

Airbus faces billions of dollars of fines after agreeing in principle to a settlement with French, British and U.S. authorities following a crippling three-year investigation into allegations of bribery and corruption.



6 years ago
iPod inventor, Thiel Capital among backers of battery company Advano in new funding

iPod inventor, Thiel Capital among backers of battery company Advano in new funding

Battery company Advano, which is backed by iPod inventor and Nest founder Tony Fadell, announces $18.5 million in series A funding.

6 years ago
Lockheed Martin quarterly profit rises 19.6%

Lockheed Martin quarterly profit rises 19.6%

Lockheed Martin Corp , Pentagon's No.1 weapons supplier, reported a 19.6% rise in quarterly profit on Tuesday, helped by increased demand for its F-35 combat jets.



6 years ago
Reaction to UK allowing Huawei a role in 5G network

Reaction to UK allowing Huawei a role in 5G network

Britain will allow "high risk vendors" like Chinese telecoms giant Huawei [HWT.UL] a limited role in building its 5G networks, the government said on Tuesday.



6 years ago
UK grants Huawei a limited 5G role

UK grants Huawei a limited 5G role

Prime Minister Boris Johnson on Tuesday granted China's Huawei a limited role in Britain's future 5G mobile network, a choice that risks damaging relations with the United States which fears China could use the company to steal Western secrets.



6 years ago
Pfizer profit misses as breast cancer drug sales fall short of estimates

Pfizer profit misses as breast cancer drug sales fall short of estimates

Pfizer Inc posted a quarterly profit on Tuesday that came in below Wall Street estimates, as sales of breast cancer drug Ibrance fell short of expectations.



6 years ago
McDonald's heats up breakfast war with new chicken sandwiches

McDonald's heats up breakfast war with new chicken sandwiches

McDonald's Corp will add chicken sandwiches to its breakfast menu at all of its U.S. restaurants, the world's largest burger chain said on Tuesday, to fend off competition from Chick-Fil-A and Popeyes Louisiana Kitchen .



6 years ago
Facebook, HSBC and others curb travel to China as warnings grow

Facebook, HSBC and others curb travel to China as warnings grow

Facebook Inc and other global companies including LG Electronics Inc and HSBC are restricting travel to China, as the death toll from a flu-like virus rose above 100 on Tuesday.



6 years ago