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Latest News on private equity markets

Savings or loan: what should you do when hit with an unexpected expense

While paying in cash avoids the cost of borrowing, it could affect other parts of your finances, depending on how you secure the money.

4 years ago

GSK raises 2019 earnings expectations after standout quarter for Shingrix

GlaxoSmithKline beat second quarter profit expectations with the help of strong demand for its shingles vaccine, prompting the British drugmaker to forecast a smaller fall in profit this year than originally anticipated.



4 years ago

Amazon has 'destroyed the retail industry' so US should look into its practices, Mnuchin says

"There's no question they've limited competition," Mnuchin said.

4 years ago

Major analysts including Goldman Sachs love Facebook into earnings after the bell

Wall Street analysts remain bullish heading into Facebook's earnings report on Wednesday after the close.

4 years ago

Downbeat U.S. earnings sour investor optimism; euro slides on soft data

U.S. stocks were mixed on Wednesday as a series of disappointing earnings reports damped investor optimism over the prospect of a new round of U.S.-China trade talks next week, while the euro dropped to a two-month low amid soft economic data.



4 years ago

UPS profit beats expectations as demand for next day service surges

United Parcel Service Inc said on Wednesday a jump in demand for its Next Day Air service drove better-than-expected profit in the second quarter as large retailers rushed packages to online shoppers.



4 years ago

Oil rises on U.S. stock decline, Mideast tensions

Oil prices rose 1% on Wednesday, supported by a sharp fall in U.S. crude stocks and tensions over Iran, but concern about global oil demand capped further gains.



4 years ago

BMW doubles battery production capacity in the United States

BMW Group said on Wednesday it would double its production capacity for electric vehicle batteries at its U.S. plant in South Carolina as it ramps up manufacturing of plug-in hybrid vehicles to include the X3 vehicle in addition to the X5.



4 years ago

UPS shares surge nearly 9% as demand for faster shipping drives a revenue jump

Demand for quicker delivery powered a second quarter that beat Wall Street expectations.

4 years ago

Evercore ISI: Apple is 'well positioned to continue to surprise investors on the upside'

After Apple's 30% surge this year so far, the tech giant still has room to run with the upcoming earnings release likely to push the stock higher, Evercore ISI said.

4 years ago

Low interest rates could spur seniors to chase returns

Retirees face two competing forces: Lower rates on their "safe money" and a stock market that's becoming overheated. Here's where older investors are searching for yield.

4 years ago

Wall Street mixed as chip rally counters dismal Caterpillar, Boeing earnings

U.S. indexes were off their session lows on Wednesday as a rally in semiconductor stocks on reassuring comments from Texas Instruments on global chip demand blunted the impact of weak earnings from bellwethers Boeing and Caterpillar.



4 years ago

EBay to launch warehousing and shipping service next year

EBay Inc said on Wednesday it would launch warehousing and shipping service for merchants selling through its platform starting next year, a new strategy that is expected to attract more sellers to the e-commerce platform.



4 years ago

Hilton cuts forecast for key revenue measure amid slowing economic growth

Hilton Worldwide Holdings Inc cut its full-year outlook for a key revenue measure on Wednesday, citing a slowing global economy which was weighing on spending plans of businesses, sending the U.S. hotel operator's shares down as much as 2.8%.



4 years ago

EBay to launch warehousing and shipping services next year

EBay Inc said on Wednesday it would launch a warehousing and shipping service for merchants selling through its site starting next year, a new strategy that is expected to attract more sellers to the e-commerce platform.



4 years ago