Latest News on private equity markets

Abbott hits all-time high on quarterly revenue beat

Abbott hits all-time high on quarterly revenue beat

Abbott Laboratories Inc's shares rose to an all-time high on Wednesday after the device maker beat Wall Street estimates for quarterly sales on higher demand for its nutrition products and generic drugs.



6 years ago
North American oil company bankruptcies jump in 2019: report

North American oil company bankruptcies jump in 2019: report

The number of oil company bankruptcies rose 50% in 2019 over the previous year, as a slide in prices continued to shake producers in the United States and Canada, Dallas law firm Haynes and Boone said in a report released on Wednesday.



6 years ago
Avolon CEO sees new Boeing MAX timeline as 'worst case scenario'

Avolon CEO sees new Boeing MAX timeline as 'worst case scenario'

The head of aircraft lessor Avolon, which has committed to a fleet of 148 Boeing 737 MAX jets, said he believed the planemaker's new June to July horizon for getting the grounded aircraft back in the air was a "worst case scenario."



6 years ago
Boeing CEO says he expects to resume 737 MAX production before mid-year

Boeing CEO says he expects to resume 737 MAX production before mid-year

Boeing chief executive Dave Calhoun told reporters on Wednesday the U.S. planemaker expects to resume 737 max production "months" before its forecasted mid-year return to service.



6 years ago
UniCredit shuffles top managers in Italy, names new Americas CIB head

UniCredit shuffles top managers in Italy, names new Americas CIB head

Italy's biggest bank UniCredit said on Wednesday it had appointed a number of senior managers to new roles, shuffling people across jobs as it works to implement its 'Team 23' four-year plan unveiled in December.



6 years ago
Huawei CFO Meng arrives in Vancouver court for third day of U.S. extradition hearing

Huawei CFO Meng arrives in Vancouver court for third day of U.S. extradition hearing

Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver courtroom on Wednesday where Canadian prosecutors are expected to defend a U.S. extradition request in a third day of hearings on a case that has strained relations with China.



6 years ago
3 things keeping you from maximizing this tax-favored account

3 things keeping you from maximizing this tax-favored account

If you have a high-deductible health plan at work, you probably have a health savings account along with it, too. Though so-called HSAs bring a bevy of tax advantages, many investors aren't using them to their full potential.

6 years ago
Coronavirus set to impact Chinese airlines' first quarter profit: Aercap CEO

Coronavirus set to impact Chinese airlines' first quarter profit: Aercap CEO

The chief executive of one of the world's largest aircraft lessors, Aercap , expects the new coronavirus that has emerged from Wuhan, China to impact Chinese airlines' profitability in the first quarter.



6 years ago
Mark Cuban says he's still 'very bullish' on Netflix and hasn't sold a share

Mark Cuban says he's still 'very bullish' on Netflix and hasn't sold a share

"I haven't sold any shares and I'm still very bullish on it," the Dallas Mavericks owner said.

6 years ago
Tesla short sellers could help Elon Musk score a payday worth hundreds of millions

Tesla short sellers could help Elon Musk score a payday worth hundreds of millions

Tesla is still one of the most heavily bet-against stocks in the U.S. even as the stock almost daily hits new record highs.

6 years ago
Google finds security flaws in Apple's web browser: FT

Google finds security flaws in Apple's web browser: FT

Google researchers have found multiple security flaws in Apple Inc's Safari web browser that allowed the tracking of users' browsing behavior, Financial Times reported on Wednesday, citing a soon-to-be published paper.



6 years ago
Hainan Airlines to halt Prague flights from March: Czech authorities

Hainan Airlines to halt Prague flights from March: Czech authorities

China's Hainan Airlines will halt regular direct flights between Beijing and Prague starting in March, the Prague Airport and the Czech Foreign Ministry said on Wednesday.



6 years ago
This one stock will signal whether the coronavirus situation is getting serious

This one stock will signal whether the coronavirus situation is getting serious

InterContinental's Asia Pacific revenue was down 27% year-over-year in 2003, when the SARS virus swept China.

6 years ago
Boeing CEO says taking fresh look at potential mid-market aircraft

Boeing CEO says taking fresh look at potential mid-market aircraft

Boeing Co is taking a fresh look at a potential new mid-market aircraft, Chief Executive Dave Calhoun said on Wednesday, putting the brakes on a project that became overshadowed by the fallout of the 737 MAX.



6 years ago
Angola's Dos Santos named as suspect over alleged fraud at oil firm: Lusa news agency

Angola's Dos Santos named as suspect over alleged fraud at oil firm: Lusa news agency

Angola's public prosecutors named former first daughter Isabel dos Santos as a formal suspect on Wednesday over alleged mismanagement and misappropriation of funds during her time as chairwoman of state oil company Sonangol, Portuguese news agency Lusa said.



6 years ago