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Latest News on private equity markets

Syngenta CFO says it faces no glyphosate lawsuits

Chinese-owned agricultural chemical maker Syngenta has not been named in litigation involving weed-killer ingredient glyphosate that has hit German rival Bayer , the Swiss-based company's chief financial officer, Mark Patrick, said on Friday.



4 years ago

Bayer welcomes judge's call for reduced damages in $2 billion glyphosate case

Germany's Bayer AG welcomed on Friday a call by a U.S. judge to cut a $2 billion damages award to a Californian couple by a jury which found that its glyphosate-based weed killer had caused their cancer.



4 years ago

BlackRock second-quarter profit misses estimates

BlackRock Inc , the world's largest asset manager, missed analysts' estimates for quarterly profit on Friday, as investment advisory and securities lending revenue fell and costs rose.



4 years ago

As 'superstar' cities keep winning, worrisome U.S. divide widens

In the depths of the financial crisis, when the world was shunning debt and battening down for the worst, city officials here zagged in what seemed a preposterous direction and spent $600 million on a new convention center.



4 years ago

PepsiCo to buy South Africa's Pioneer Food for $1.7 billion

PepsiCo has struck a deal to buy South Africa's Pioneer Food Group for $1.7 billion, the companies said on Friday, lifting Pioneer's shares and boosting a sector that has been hit by drought and tough trading conditions.



4 years ago

BlackRock's profit hit by lower fees for lending stocks

BlackRock Inc , the world's largest asset manager, took in less cash last quarter as investors moved into lower-cost bond funds, and it made less money lending out stocks.



4 years ago

Microsoft brightens Wall St. mood as rate cut hopes rise

U.S. stock futures inched higher on Friday as strong results for Microsoft's cloud business fed into a bullish mood following signs from New York Fed President John Williams that the U.S. central bank was set to cut interest rates this month.



4 years ago

5 Digital Policies Small Biz MUST Have

AiAuthority | Kristina Podnar | Jul 8 2019 It’s hard to overestimate the role of small businesses plays in the American economy: Businesses with fewer than 5 employees account for 62% of all businesses in the U.S. More than half of all Americans own or work for a small business. Small businesses are responsible for

4 years ago

Syngenta profits hit by U.S./China trade wars, bad weather

Agricultural chemical maker Syngenta on Friday reported a 34% fall in first-half net income, showing the impact of U.S. trade disputes with China and Mexico as well as bad weather in some of its markets.



4 years ago

Ohio Congresswoman says lack of financial literacy could be a problem for Facebook Libra users

Rep. Joyce Beatty, D-Ohio, grilled Facebook's David Marcus, asking about the steps he will take to educate the 1.7 million unbanked people Libra plans to reach.

4 years ago

A big Tesla skeptic on Wall Street raises his estimate for second-quarter earnings

One of Tesla's Wall Street skeptics now sees it headed to a nearly profitable second-quarter earnings report.

4 years ago

Stocks wobble on trade, earnings unease; U.S. Treasury yields fall

Asian shares edged lower on Thursday as Wall Street stocks dropped on early signs that the U.S.-China trade war could hurt corporate earnings, which helped underpin solid demand for safe-haven U.S. Treasuries.



4 years ago

Truckmaker Volvo beats expectations, picks Samsung for batteries

Sweden's AB Volvo inched up its market growth outlook for North America and Europe, as strong deliveries for its trucks and construction equipment as well as continued easing of supply chain bottlenecks helped it beat quarterly profit expectations.



4 years ago

Novartis raises 2019 guidance, helped by Sandoz generics unit

Novartis lifted full-year sales and profit targets on Thursday, helped by innovative medicine sales and as the Swiss drugmaker's Sandoz generics unit saw rising international demand for its biosimilar copies of blockbuster drugs made by rivals.



4 years ago

Anglo American's second-quarter output rises 2%, Minas Rio ramps up

Anglo American on Thursday said the ramp-up of iron ore at Minas Rio in Brazil and higher volumes of coking coal had offset reduced diamond production, raising second-quarter output by 2% and keeping the company on track to meet its 2019 targets.



4 years ago