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Latest News on private equity markets

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.



6 years ago
6 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.

6 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.



6 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.

6 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.



6 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.

6 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.



6 years ago

Schlumberger takes over $12 billion charge as CEO charts new course

Schlumberger NV's new chief executive officer wielded an ax to the company's asset-heavy businesses, taking a $12.7 billion charge in the face of weaker shale drilling and sliding profits.



6 years ago

Kansas City Southern profit beats, fueled by Mexico petroleum shipments

Railroad operator Kansas City Southern on Friday reported a better-than-expected quarterly profit, helped by an increase in refined fuel shipments to Mexico and ongoing cost cuts.



6 years ago

Oil steady in face of contradictory signals

Oil prices were broadly steady on Friday as concern over slower growth in China, the world's biggest oil importer, was countered by bullish signals from both the Chinese and U.S. refining sectors and a North Sea crude disruption that proved temporary.



6 years ago

Real estate mogul Barry Sternlicht: WeWork went 'off the rails' but it's still a 'real company'

"It was built for hyper growth and that is too capital intensive," says the Starwood Capital founder.

6 years ago

Wall Street opens lower as J&J slips

U.S. stocks opened slightly lower on Friday, weighed down by Johnson & Johnson, while upbeat earnings reports limited losses and calmed nerves about the global economy after China expanded at its weakest pace in almost 30 years.



6 years ago

Walmart's Asda agrees $4.9 billion Rothesay Life pension deal

Walmart's Asda has agreed a 3.8 billion pounds ($4.9 billion) 'buy in' with Rothesay Life to secure the benefits for 12,300 members of one of its pension schemes, in a deal that simplifies its balance sheet ahead of a possible standalone listing.



6 years ago

Judge's unorthodox approach has huge opioid settlement within reach

From the start of the sprawling U.S. litigation seeking to hold drugmakers and distributors liable for the country's opioid epidemic, Judge Dan Polster has made one thing clear: he never wanted a trial.



6 years ago