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Latest News on private equity markets

Schlumberger profit beats as international gains offset weak North America

Schlumberger NV beat Wall Street estimates for quarterly profit on Friday, as higher drilling activity in international markets boosted demand for its equipment and services and offset weakness in North America.



5 years ago

Tesla's Nuerburgring run revs up debate over speed records

Tesla Inc's attempts to humble Porsche with a new lap record on Germany's legendary Nordschleife racetrack have reignited a controversy about the value of lap times, as the circuit steps in to quash claims of cheating.



5 years ago

Renault shares slump as profit warning deepens carmaker's problems

A profit warning sent Renault's shares as much as 15% lower on Friday, capping a turbulent year for the French carmaker since the arrest of long-time boss Carlos Ghosn and adding to signs of a sharp global auto industry slowdown.



5 years ago

Nissan on gradual recovery path, incoming CEO Uchida tells staff

Nissan Motor Co's incoming chief executive Makoto Uchida told employees on Friday that his mission is to "restore business performance and regain trust in Nissan".



5 years ago

EU will hit U.S. in time with tariffs over Boeing: Malmstrom

The European Union will impose its own tariffs "in due course" in its WTO dispute over aircraft subsidies after the United States hit EU imports with increased duties related to illegal subsidies for Airbus, EU trade chief Cecilia Malmstrom said on Friday.



5 years ago

Zero-sugar sodas, smaller soft drink cans drive Coca-Cola revenue beat

Coca-Cola Co beat Wall Street estimates for quarterly revenue on Friday as customers took to smaller-sized cans of its sodas, including Coca-Cola Zero Sugar, prompting the beverage maker to give an upbeat forecast for 2019.



5 years ago

Kansas City Southern profit beats on increased petroleum shipments to Mexico

Railroad operator Kansas City Southern on Friday reported a better-than-expected quarterly profit, helped by an increase in refined fuel products and liquid petroleum gas shipments to Mexico and lower fuel and equipment costs.



5 years ago

Wall Street Week Ahead: Tech haves and have-nots face third-quarter tests

Technology companies, which make up the largest swath of the U.S. stock market, are expected to post a nearly 8% drop in third-quarter profits as reports roll in next week from many of the sector's biggest corporations.



5 years ago
5 years ago

As interest in road trips soars, Americans are hitting these 10 global hotspots

Applications for international driving permits soared 33% in five years, AAA says. Here are 10 global hotspots U.S. vacationers are speeding off to.

5 years ago

How a small aluminum maker won U.S. trade protection

When Donald Trump won the White House, the sprawling aluminum smelter that hugs the Ohio River here was operating at less than half its capacity, and most of its skeleton crew of 270 remaining workers were fearful about their future.



5 years ago

Morgan Stanley downgrades Caterpillar, says the stock is running 'out of steam'

Caterpillar shares were downgraded by an analyst at Morgan Stanley amid concerns around two of the industrial's key business segments.

5 years ago

Shares sapped by poor China growth, dollar gets weekly mauling

World stocks flatlined after China posted its weakest growth in nearly three decades on Friday, while the dollar headed for its worst week in almost four months having been pummeled by pound and euro Brexit rallies.



5 years ago

Five financial things every breast cancer patient needs to know and probably doesn't

Copays, deductibles and other expenses may result in overwhelming bills for patients with breast cancer.

5 years ago

American Express profit beats Wall Street estimates on higher consumer spending

Credit card issuer American Express Co reported a higher-than-expected rise in third-quarter profit on Friday, as more people used cards to shop, pay bills and make big ticket purchases.



5 years ago