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Latest News on private equity markets

Halliburton revenue drops more than expected as shale demand slows

Halliburton Co reported a bigger-than-expected 10% drop in quarterly revenue on Monday, as the oilfield services provider battled lower demand from shale oil producers in North America, its biggest market.



4 years ago

Teva, three U.S. drug distributors reach opioid settlement - source

Drug maker Teva Pharmaceutical Industries Inc and the three biggest U.S. drug distributors reached a settlement on Monday to avoid a trial over their role in the opioid addiction crisis, a source said on Monday.



4 years ago

Boeing may face billions more in losses as MAX crisis deepens: analysts

Boeing Co may have to book billions of dollars in additional charges, two brokerages said on Monday, following latest developments around the planemaker's grounded 737 MAX jet that calls into question the timing of the aircraft's return to service.



4 years ago

Factbox: Billion-dollar lawsuits accuse drugmakers, distributors of fueling U.S. opioid crisis

On Monday, two Ohio counties will face off in a U.S. courtroom with five companies they accuse of fueling the nationwide opioid epidemic. The counties are seeking billions of dollars to cover the cost of addiction treatment programs, healthcare and other services.



4 years ago

Factbox: The U.S. opioid epidemic by the numbers

Opioid deaths in the United States have soared over the last two decades, driving a wave of litigation against drugmakers and distributors.



4 years ago

Smith+Nephew CEO steps down over pay, ex-Roche Diagnostics chief to take over

Smith+Nephew Plc Chief Executive Namal Nawana is stepping down after just 17 months in the role after becoming dissatisfied with his salary at the medical device maker.



4 years ago

Raymond James raises Apple outlook, sees the shares rallying nearly 20% from here

Raymond James raised its price target on Apple to $280 from $250 per share, ahead of earnings next week.

4 years ago

Bank of America joins brokerage wars with unlimited free trades for preferred members

Bank of America's move solidifies the race to zero in the retail trading world.

4 years ago

Your side hustle may be at risk — here are steps you can take to protect it

Just as important as running your side business is making sure it — and you — are protected in case something goes wrong, experts say.

4 years ago

Drug companies reach settlement, averting first federal opioid trial

Four large drug companies reached a last-minute $260 million legal settlement over their role in the U.S. opioid addiction epidemic, averting the first federal trial that was scheduled to start Monday morning in Cleveland.



4 years ago

Wall Street opens higher on trade optimism

U.S. stocks opened higher on Monday on fresh signs of progress in a long-awaited resolution to the U.S.-China trade war, but a fall in Boeing's shares capped early gains.



4 years ago

India's Infosys U.S. listed shares plunge after whistleblower complaints

U.S.-listed shares of Infosys Ltd fell nearly 16% in premarket trading on Monday after the Indian software services exporter said it had received whistleblower complaints alleging "unethical practices" by the company's executives.



4 years ago

Italy's biggest bank wants to become less Italian

The chief executive of UniCredit has a plan to revive his company's ailing share price - make it less Italian.



4 years ago

Bank Of America expands zero-commission stock trading

Bank Of America said on Monday it would expand its zero-dollar online trading to all customers of its Preferred Rewards program and cut commissions for others, following similar moves by several online brokers.



4 years ago

What the coming $68 trillion Great Wealth Transfer means for financial advisors

For financial advisors, the transfer of wealth from baby boomers to their children over the next two decades is a bit like climate change: The consequences may eventually be huge, but it's easy to ignore the issue in the short-term.

4 years ago