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Latest News on private equity markets

Here's what every major analyst is expecting from Tesla earnings after the bell

Wall Street analysts predict what will happen with Tesla's earnings report on Wednesday after the bell.

4 years ago

Without deal, WeWork would have been out of money next week, sources say

WeWork announced Tuesday that SoftBank will provide $5 billion in new financing and up to $3 billion in a tender offer for existing shareholders.

4 years ago

Nasdaq eyes upside from free e-trades as profit tops expectations

Nasdaq Inc may see its market share of retail stock executions increase as a result of online brokers moving to free trades, the transatlantic exchange operator said on Wednesday after releasing better-than-expected quarterly financial results.



4 years ago

Boeing hit with new industrial setbacks as 737 MAX crisis deepens

Boeing Co cut production of its flagship Dreamliner and delayed the arrival of a successor to its 777 mini-jumbo, piling new pressures on a rejigged senior management team on Wednesday as the continued safety grounding of its 737 MAX sliced third-quarter profits.



4 years ago

Sales of Eli Lilly diabetes drug Trulicity fall short, shares drop

Eli Lilly and Co third-quarter sales missed Wall Street estimates on Wednesday as rebates limited revenue from its top-selling diabetes drug Trulicity, and its shares fell about 4%.



4 years ago

Snap says DOJ, SEC drop probe on IPO disclosures

Snap Inc said on Wednesday that the U.S Department of Justice and the Securities and Exchange Commission were no longer investigating whether the company misled investors at the time of its March 2017 initial public offering.



4 years ago

There's a looming shortage of financial advisors. How today's professionals can help prevent it

About 40% of financial advisors are expected to retire in the next 10 years. As the industry seeks new talent, there's one key challenge: Many students have never heard of the profession. Here's how today's advisors can help spread the word.

4 years ago

Explainer: Google hails 'quantum supremacy', but don't chuck out your PC just yet

Researchers at Google say they have achieved 'quantum supremacy', in which a computer harnessing the properties of sub-atomic particles did a far better job of solving a problem than the world's most powerful supercomputer.



4 years ago

Malaysia’s potential as the fintech hub for the ASEAN region

Labuan IBFC | Oct 18, 2019 Malaysian Digital Economy Corporation Sdn Bhd (“MDEC”) recently announced that Malaysia has the potential to become a digital hub for ASEAN as Malaysia is in a position to spread the growth of the digital economy throughout the region. Likewise, Ernst & Young’s ASEAN FinTech Census 2018 dubbed Malaysia as

4 years ago

Zuckerberg reassures U.S. Congress on Facebook's digital currency plans

Facebook Inc CEO Mark Zuckerberg sought to reassure skeptical U.S. lawmakers on Wednesday that the company's planned digital currency Libra would be a force for good that could reduce costs for electronic payments and help more people participate in the global financial system.



4 years ago

Sterling steadies as EU considers Brexit request; stocks inch up

World stock indexes edged up on Wednesday, with the S&P 500 boosted by gains in shares of Apple that offset Texas Instruments' disappointing forecast, and the British pound steadied as European Union leaders consider London's request for a Brexit delay.



4 years ago

10 states where child care is devouring millennials' paychecks

There's no financial aid for covering the cost of child care. In these 10 costly states, parents are spending more than a third of their pay on day care, according to Child Care Aware of America.

4 years ago

Wall Street propped up by Apple, Boeing

Wall Street's main indexes were propped up by a rise in shares of Boeing and Apple, but gains were capped as weak earnings from Caterpillar and Texas instruments raised concerns about the impact of the U.S.-China trade war on global growth.



4 years ago

Apple, Boeing lead Wall Street higher

Wall Street edged higher on Wednesday, led by gains in Boeing and Apple shares, even as weak earnings from Caterpillar and Texas Instruments raised concerns about the impact of the U.S.-China trade war on global growth.



4 years ago

Nasdaq cancels trades in about 50 securities

Nasdaq Inc said it canceled trades that spanned a two-minute period before the opening bell on Wednesday which affected about 50 securities.



4 years ago