Gap CEO Peck to leave; earnings forecast cut sends shares tumbling
Gap Inc said on Thursday Chief Executive Officer Art Peck will step down and also cut its full-year earnings forecast, blaming slower traffic and operational challenges,...
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
U.S. Agriculture Department preparing second tranche of trade aid for farmers: Perdue
The U.S. Agriculture Department is preparing to roll out the second tranche of aid to compensate farmers for losses due to the U.S.-China trade war, Agriculture...
Disney parks, films outperform as streaming costs stay under budget
Walt Disney Co's theme parks and a remake of "The Lion King" boosted quarterly earnings past Wall Street targets on Thursday as costs came in lower...
U.S. Commerce Dept finds Chinese exporters dumped ceramic tile
The U.S. Commerce Department said on Thursday it made a preliminary determination that Chinese exporters had dumped ceramic tile in the U.S. market at less than...
U.S. Justice Department issues civil subpoenas to automakers in California emissions deal probe
The U.S. Justice Department has issued civil subpoenas in its antitrust investigation into four major automakers’ voluntary agreement with California to adopt compromise vehicle emissions requirements,...
U.S. may soon issue guidance to enforce foreign investment oversight
The U.S. government is likely soon to spell out how it will enforce oversight of foreign investment in the United States, a U.S. official said on...
Roku shares plunge 16% after streaming device maker breaks earnings win streak
Roku posted third-quarter results that missed Wall Street's expectation after multiple quarters of blowout growth.
Dropbox tops revenue, profit estimates on higher subscriber additions
Dropbox Inc beat analysts' estimates for third-quarter revenue and profit on Thursday, as the online file hosting company signed up more individual and business customers to...
GoPro quarterly revenue beats on 'Hero' camera demand, shares rise
GoPro Inc beat analysts' estimates for third-quarter revenue on Thursday, boosted by demand for its new Hero camera, sending its shares up 11% in after-market trading.
Stocks, dollar rally on U.S.-China trade deal hopes
Oil prices rose and stocks rallied worldwide on Thursday after China said it had agreed with the United States to cancel tariffs in phases, a key...
Disney gets boost from parks, films ahead of streaming launch
Walt Disney Co's theme parks unit and a remake of "The Lion King" boosted quarterly earnings past Wall Street targets on Thursday as costs rose ahead...
Dow, S&P 500 hit record closes as investors digest trade news
The Dow and S&P 500 notched record closing highs on Thursday as the latest signs of progress in U.S.-China trade relations relieved investors, but a report...
Gap CEO Art Peck to step down; FY earnings forecast cut
Gap Inc said on Thursday Chief Executive Officer Art Peck will step down after a brief transition.
Wall St. gains as China, U.S. agree to remove tariffs in phases
U.S. stocks were higher late on Thursday as the latest signs of progress in U.S.-China trade relations relieved investors, though indexes pared gains after another report...
Exclusive: Freddie Mac hires McKinsey to review capital with government overhaul looming
Housing finance giant Freddie Mac has hired management consultancy McKinsey & Company to advise on capital management, a spokesman said Thursday, as Freddie and its regulator...