KRTL BioTech

Latest News on private equity markets

McDonald's posts rare profit miss, shares drop

McDonald's Corp missed Wall Street estimates for profit for the first time in two years on Tuesday as more investment to spruce up U.S. restaurants and speed up delivery weighed on the world's biggest fast food chain, sending its shares down 3%.



4 years ago

Boeing makes progress on 737 MAX, but FAA needs weeks to review

Boeing Co is making progress toward getting its 737 MAX aircraft in the air again but the U.S. Federal Aviation Administration (FAA) will need at least several more weeks for review, FAA Administrator Steve Dickson said on Tuesday.



4 years ago

Cramer says Biogen's Alzheimer's treatment could be 'the biggest drug ever' as shares soar 30%

Drug maker Biogen announced it is seeking regulatory approval for its Alzheimer's drug, months after it stopped testing the treatment.

4 years ago

U.S. existing home sales drop more then expected in September

U.S. home sales fell more than expected in September as the market continues to struggle with a dearth of properties for sale, especially for cheaper homes.



4 years ago

SoftBank clinches deal to take over WeWork

SoftBank Group Corp agreed to spend more than $10 billion to take over WeWork, doubling down on an ill-fated investment and paying off its co-founder Adam Neumann to relinquish control, people familiar with the matter said on Tuesday.



4 years ago

Biotech stocks soar following shock Biogen drug announcement

Biotech stocks traded higher on Tuesday after Biogen said it would seek approval for its Alzheimer's drug.

4 years ago

U.S. existing home sales drop more than expected in September

U.S. home sales fell more than expected in September as the market continues to struggle with a dearth of properties for sale, especially for cheaper homes.



4 years ago

Earnings lift stocks, sterling dips as more Brexit news to come

Stocks on world markets eked out small gains on Tuesday after some upbeat corporate results and talk of progress in China-U.S. trade talks, while sterling weakened as investors awaited further news on Britain's eventual exit from the European Union.



4 years ago

Exxon to face trial in New York climate change investor fraud lawsuit

Exxon Mobil Corp on Tuesday was due to face trial in a lawsuit by New York's attorney general accusing it of misleading investors about the risks of climate change regulations to its business.



4 years ago

U.S. companies facing worker shortage race to automate

U.S. companies are responding to the lowest unemployment rate in almost 50 years by increasing their focus on automation in order to maintain healthy margins as labor costs tick higher, a Reuters analysis of corporate earnings transcripts shows.



4 years ago

Turkey's Halkbank could face fine for failing to appear in U.S. court: prosecutor

A U.S. prosecutor on Tuesday called Turkey's Halkbank a "fugitive" after it failed to make an initial court appearance in a criminal case accusing it of conspiring to violate U.S. sanctions against Iran.



4 years ago

OPEC, allies to mull deeper oil cut amid worries over demand growth

OPEC and its allies will consider whether to deepen cuts to crude supply when they next meet in December due to worries about weak demand growth in 2020, sources from the oil-producing club said.



4 years ago

Here are the world's 10 best places to vacation on a budget

Travel publisher Lonely Planet ranked the world's top 10 destinations for value in 2020. The cities and countries that budget travelers should consider include tropical locales in Indonesia and India and the Rust Belt city of Buffalo, New York.

4 years ago

Aramco listing was delayed to rope in anchor investors: sources

Oil giant Saudi Aramco's much-vaunted stock market listing was delayed after deal advisers said they need more time to lock in cornerstone investors, three sources with direct knowledge of the matter told Reuters.



4 years ago

Wall Street mixed after corporate earnings reports; Facebook falls

The S&P 500 and Dow Jones indexes rose on Tuesday, lifted by upbeat corporate earnings reports that eased concerns over the fallout from the U.S.-China trade war, but a decline in shares of Facebook hurt the Nasdaq.



4 years ago