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...
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.
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...
Schlumberger takes $12 billion charge as CEO charts new course
Schlumberger NV's new chief executive wielded an axe to the company's asset-heavy businesses, taking a $12.7 billion charge in the face of weaker shale drilling and...
Bank of America upgrades Chipotle, citing declining avocado prices
Bank of America also says strong sales and a growth in digital ordering will fuel bottom-line growth.
Blockchain Startup Backed By Big Banks Ushers In New Era Of Banking
Forbes Andrea Tinianow Oct 17, 2019 Fnality, a London-based company is banking on blockchain technology to usher in an era of digital financial markets. They are...
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...
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...
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...
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.
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.
The Ins and Outs of How to Short a Stock
NCFA Guest Post Oct 18, 2019 During the history of the stock market its value has typically climbed. This has seen the most successful investors profit...
Ken Fisher fallout: Which pension plans have pulled out and which have stayed
Three retirement plans cut ties with Fisher Investments in a matter of days, pulling close to $1 billion in assets. Here's why that decision was so...
Opioid settlement talks fail, landmark trial expected Monday
A landmark trial over the U.S. opioid epidemic is on track to begin on Monday after drug companies and local governments failed to agree on a...
Exclusive: Huawei in early talks with U.S. firms to license 5G platform - Huawei executive
Blacklisted Chinese telecoms equipment giant Huawei is in early-stage talks with some U.S. telecoms companies about licensing its 5G network technology to them, a Huawei executive...
Mnuchin backs proposal to double IMF's crisis fund
U.S. Treasury Secretary Steven Mnuchin on Friday said he welcomes a proposal to double the size of the International Monetary Fund's $250 billion crisis lending fund...