Latest News on private equity markets

Pharmacy unit boosts UnitedHealth as costs rise

Pharmacy unit boosts UnitedHealth as costs rise

UnitedHealth Group Inc reported a better-than-expected quarterly profit on Wednesday, as the largest U.S. health insurer managed to control medical costs and made gains with the unit that houses its pharmacy benefits management business.



6 years ago
Target blames toys, electronics for weak holiday sales, shares fall 8%

Target blames toys, electronics for weak holiday sales, shares fall 8%

Target Corp said on Wednesday it missed its own expectations for holiday season sales, citing weak demand for toys and electronics for growth of just 1.4% and dragging shares across the retail sector lower.



6 years ago
Futures mostly lower as investors assess U.S.-China trade deal, earnings

Futures mostly lower as investors assess U.S.-China trade deal, earnings

U.S. stock index futures were marginally lower on Wednesday ahead of the release of details of an initial U.S.-China trade deal, with investors also digesting the second round of bank earnings after a strong set of reports on Tuesday.



6 years ago
Goldman Sachs profit misses estimates on higher costs, weak M&A

Goldman Sachs profit misses estimates on higher costs, weak M&A

Goldman Sachs Group Inc on Wednesday reported quarterly profit that missed analysts' estimates by a wide margin, hurt by weakness in its investment banking business and higher operating costs.



6 years ago
More than three-quarters of Americans feel bad about this investing mistake

More than three-quarters of Americans feel bad about this investing mistake

Almost everyone has some investing regrets, from not investing sooner to wishing they'd started to save for retirement far earlier.

6 years ago
Oil slips on doubts about U.S.-China deal, OPEC outlook

Oil slips on doubts about U.S.-China deal, OPEC outlook

Oil prices slipped on Wednesday on concerns that the Phase 1 trade deal between the United States and China, the world's biggest oil users, may not boost demand as the United States intends to keep tariffs on Chinese goods until a second phase.



6 years ago
Bank of America beats on bond trading boost, loan growth

Bank of America beats on bond trading boost, loan growth

Bank of America Corp beat analysts' estimates for quarterly profit on Wednesday, as a boost from bond trading and growth in its loan book helped the second-biggest U.S. lender blunt a hit from lower interest rates.



6 years ago
OPEC expects lower demand for its oil as U.S. hits new milestone

OPEC expects lower demand for its oil as U.S. hits new milestone

OPEC expects lower demand for its crude oil in 2020 even as global demand rises, it said on Wednesday, as rival producers grab market share and the United States looks set for another output record.



6 years ago
The IRS delayed refunds for 275,000 taxpayers last year. Here's why

The IRS delayed refunds for 275,000 taxpayers last year. Here's why

The IRS kept $2.7 billion in refunds out of the hands of fraudsters last year through Sept. 30, according to the Taxpayer Advocate Service. Unfortunately, hundreds of thousands of legitimate filers waited more than 40 days to get their money.

6 years ago
BlackRock profit beats as exchange-traded funds boom

BlackRock profit beats as exchange-traded funds boom

BlackRock Inc , the world's largest asset manager, beat analysts' estimates for quarterly profit on Wednesday, as more money rolled into its cash management business and exchange-traded funds amid concerns of slowing global growth.



6 years ago
Amazon chief says to invest $1 billion in digitizing small businesses in India

Amazon chief says to invest $1 billion in digitizing small businesses in India

Amazon.com Inc will invest $1 billion in digitizing small- and medium-businesses in India and expects to export $10 billion worth of India-made goods by 2025, its founder Jeff Bezos said on Wednesday.



6 years ago
Target's holiday comparable sales rose marginally, shares tank

Target's holiday comparable sales rose marginally, shares tank

Target Corp on Wednesday missed its own expectations for 2019 holiday season sales, blaming weakness in toys and electronics sales for growth of just 1.4% that sent shares in the retailer sharply lower.



6 years ago
PNC Financial quarterly profit beats on higher loan growth

PNC Financial quarterly profit beats on higher loan growth

PNC Financial Services Group Inc on Wednesday posted a better-than-expected fourth-quarter profit, driven by growth in its loan book.



6 years ago
Bank of America beats on bond trading boost

Bank of America beats on bond trading boost

Bank of America Corp beat analysts' estimates for quarterly profit on Wednesday, as the second-biggest U.S. lender's bond trading division posted a strong showing, eclipsing declines at its three other major businesses.



6 years ago