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Latest News on private equity markets

Harley-Davidson tops forecasts as international sales improve

Harley-Davidson Inc reported better-than-expected quarterly profits on Tuesday and stuck to its full-year shipment forecast, allaying fears of another hit from European import tariffs and a further slump in sales in its main U.S. market.



5 years ago

P&G raises FY forecast on higher demand for beauty products

Procter & Gamble Co on Tuesday raised its full-year sales and profit forecasts after a better-than-expected first quarter, powered by demand for its premium beauty brands such as SK-II and China Olay.



5 years ago

Exxon to face trial in New York investor fraud lawsuit

Exxon Mobil Corp on Tuesday will 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.



5 years ago

UTC expects Boeing to maintain 737 MAX production rate in 2019

United Technologies expects its customer Boeing to keep producing 42 737 MAX planes per month in 2019, allaying fears of a manufacturing pause that could cost billions of dollars in losses for the planemaker and its suppliers, Chief Financial Officer Akhil Johri told Reuters on Tuesday.



5 years ago

Lockheed Martin profit up but forecasts lower cash flow in 2020; shares slip

Lockheed Martin Corp raised its estimate for 2019 earnings on Tuesday as quarterly profit climbed 9.2% amid improved sales of its F-35 fighter jets, but shares fell in premarket trading after it forecast lower cash flow next year.



5 years ago

UPS COO's retirement overshadows e-commerce fueled profit rise

United Parcel Service Inc's e-commerce fueled quarterly profit beat on Tuesday was overshadowed by news that Jim Barber, widely viewed as the world's biggest parcel delivery firm's next leader, would retire at year-end.



5 years ago

McDonald's posts rare profit miss, shares down 4%

McDonald's Corp reported a quarterly profit that missed Wall Street estimates for the first time in two years as it invested heavily in sprucing up U.S. outlets and speeding up delivery, sending its shares down 4%.



5 years ago

European stocks inch up on earnings, sterling hovers before Brexit votes

European shares eked out small gains on Tuesday as talk of progress in China-U.S. trade talks was offset by mixed corporate earnings, while sterling held below $1.30 ahead of another crucial Brexit vote.



5 years ago

Not well? Your credit card debt could be making you sick

Americans are taking on ever-increasing amounts of debt and it's harming their overall health and relationships, according to researchers.

5 years ago

P&G raises full-year forecast after beauty, healthcare brands drive profit beat

Procter & Gamble Co on Tuesday raised its full-year sales and profit forecasts after a better-than-expected first quarter, powered by demand for its premium beauty and toothpaste brands.



5 years ago

Hasbro misses profit estimates as costs jump on tariff threat

Hasbro Inc fell short of Wall Street estimates for quarterly profit on Tuesday, as the threat of tariffs on toys imported from China ramped up shipping and warehousing costs, sending its shares down 7%.



5 years ago

Oil prices rise on prospects for U.S.-China trade deal

Oil prices rose on Tuesday after China signaled progress in trade talks with the United States, but gains were capped by bearish forecasts of a buildup in U.S. crude stockpiles.



5 years ago

WeWork board accepts SoftBank rescue deal: source

WeWork's board has accepted a takeover plan proposed by SoftBank Group, handing control of the office-sharing startup to the Japanese firm, according to a source directly familiar with the matter.



5 years ago

Boeing has made 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 Federal Aviation Administration (FAA) will need at least several more weeks for review, FAA Administrator Steve Dickson said on Tuesday.



5 years ago

Wall Street opens higher on upbeat earnings, healthcare boost

Wall Street opened higher on Tuesday after a batch of upbeat earnings reports eased concerns over domestic growth and the fallout from the U.S.-China trade war, while a surge in Biogen boosted the healthcare sector.



5 years ago