Ralph Lauren profit gets boost from Chinese demand; shares rise 14%
Strong demand for Ralph Lauren Corp's Polo shirts and tweed jackets in China helped the high-end apparel retailer beat quarterly profit estimates on Thursday, sending its...
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.
Power provider PG&E Corp raises 2019 cost estimates by over 50%; shares fall
Power company PG&E Corp on Thursday raised its 2019 costs estimates by more than 50% related to deadly wildfires in California and its bankruptcy, sending its...
Expedia, TripAdvisor plummet more than 20% after the online travel companies report poor earnings
Expedia and TripAdvisor stocks tanked following poor third-quarter earnings after the bell Wednesday.
Activist with stake in MSG stock sees Knicks and Rangers worth more than $7 billion
Blue Harbour Group is reportedly pressuring Madison Square Garden CEO James Dolan to sell a portion of the New York Knicks and New York Rangers ahead...
Xerox offers to buy HP at a premium of $22 a share in mostly cash offer, sources say
Sources also said the bid consists of 77% cash and 23% stock, or $17 in cash and 0.137 Xerox share for each HP share.
Exclusive: Beyond Meat eyes production in Asia before the end of 2020
Beyond Meat aims to start production in Asia before the end of next year, as it gets closer to selling its popular plant-based meat products in...
U.S., China agree to roll back tariffs in phase one trade deal: U.S. official
The United States and China have agreed to roll back tariffs as part of the first phase of a trade deal between the world's two biggest...
Teva Pharm says opioid settlement will not derail ability to cut debt
Teva Pharmaceutical Industries Ltd on Thursday expressed confidence in its ability to continue paying down its huge debt burden even if it is forced to pay...
Exclusive: Freddie Mac retains McKinsey & Company to consult on capital management
Housing giant Freddie Mac has hired management consultants McKinsey & Company to advise the firm on capital management ahead of a potential exit from government control,...
T-Mobile in talks with Sprint on merger, does not rule out lower price
T-Mobile US Chief Executive John Legere on Thursday acknowledged talks are ongoing with Sprint Corp to extend their merger agreement, but he declined to rule out...
A global index provider is putting more weight on China stocks, raising concerns from lawmakers
MSCI later today will announce an increase in the weighting of mainland China in its MSCI Emerging Markets Index. Sen. Marco Rubio has raised red flags...
Restart of idled St. Croix oil refinery set for early 2020 after delay
A $1.6 billion plan to refurbish a long-idled Caribbean oil refinery is about 75% complete and could begin delivering fuel supplies early next year, company and...
Re-sale market drives hype around H&M designer collaborations
As fast-fashion giant H&M pushes more designer tie-ups, some consumers are eschewing the long lines outside stores to buy the looks in the fast-growing resale market.
SoftBank-backed Banco Inter launches app linking clients to stores
Brazilian mid-sized lender Banco Inter SA on Thursday launched a smartphone app offering clients direct access to more than 60 stores selling products from appliances to...
U.S. charges New York company with illegal Chinese equipment sales
Federal prosecutors have filed criminal charges accusing a New York company of exposing the U.S. government and private customers to security risks by illegally importing and...