Baker Hughes profit misses estimates as LNG equipment demand wanes
Oilfield services provider Baker Hughes Co missed analysts' estimates for quarterly profit on Wednesday, hit by lower orders in its business that supplies turbines and compressors...
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.
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...
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...
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...
Tesla's furious rally pushes market value past $100 billion
Tesla Inc shares surged on Wednesday, and the company became the first publicly listed U.S. automaker to cross $100 billion in market valuation, more than Ford...
United says does not expect to fly the 737 MAX this summer
United Airlines Holdings Inc does not expect to fly the Boeing 737 MAX this summer, President Scott Kirby said on Wednesday, following news from Boeing Co...
Daimler warns 2019 profits to halve as problems deepen
German luxury carmaker Daimler issued the latest in a procession of profit warnings on Wednesday, hit by costs related to the industry's diesel emissions scandal, heavy...
S&P 500, Nasdaq hit record highs on IBM, chip power
The S&P 500 and the Nasdaq hit record highs on Wednesday as a strong forecast from IBM added to optimism over earnings, while investors assessed risks...
Michigan, Tesla settle suit over direct vehicle sales
Tesla Inc and the state of Michigan confirmed Wednesday they have resolved the company's 2016 lawsuit challenging the state's refusal to allow the company to sell...
U.S. home sales surge to near two-year high; supply at record low
U.S. home sales jumped to their highest level in nearly two years in December, the latest indication that lower mortgage rates are helping the housing market...
No alternative to grounded Boeing 737 MAX, Aercap CEO says
The chief executive of aircraft leasing giant Aercap , which has 100 737 MAX jets on order from Boeing , on Wednesday said his airline customers...
French anti-corruption agency runs checks on Renault
Renault on Wednesday said that France's anti-corruption agency was carrying out checks at the firm, confirming a French media report, though a source at the carmaker...
5 ways to keep from making these top common money mistakes
How to avoid making bad spending decisions, whether it's an irresistible jacket or a gym membership that you're sure will help you meet your fitness goals.
Wall Street pegs Boeing's 737 MAX bill at more than $25 billion
Boeing Co's bill for the 737 MAX grounding could balloon to more than $25 billion, analysts estimated on Wednesday, a day after the U.S. planemaker warned...
Stocks shake off China virus worries, dollar stays strong
World stock markets regained strength on Wednesday, as swift updates from China about the spread of a new flu-like coronavirus raised hopes the outbreak would be...