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Latest News on private equity markets

3 tax-planning lessons from Joe Biden's tax returns

Former vice president Biden's tax returns reveal big bucks and a couple of planning opportunities.

4 years ago

Goldman Sachs profit hit by weakness in trading, underwriting

Goldman Sachs Group Inc reported a 6% fall in quarterly profit on Tuesday as the Wall Street investment bank was hurt by muted fixed income trading activity and weakness in debt underwriting.



4 years ago

Domino's Pizza U.S. same-store sales miss estimates, shares fall 6%

Domino's Pizza Inc on Tuesday reported second-quarter same-store sales at its U.S. outlets that grew slower than expected as it faced fierce competition from rival pizza chains and third-party delivery companies, sending its shares down about 6% before the bell.



4 years ago

JPMorgan profit beats estimates on strength in consumer banking

JPMorgan Chase & Co reported a better-than-expected quarterly profit on Tuesday as higher interest income and a modest increase in loans more than made up for lower activity at the bank's trading desks.



4 years ago

Jamie Dimon raves about the strength of the US consumer

J.P. Morgan chief Jamie Dimon praised the strength of the consumer after the largest U.S. bank posted strong second-quarter earnings on Tuesday.

4 years ago

Stock futures flat after JPMorgan results; Goldman Sachs, Wells Fargo eyed

U.S. stock futures were trading flat on Tuesday as investors parsed through the earnings report from JPMorgan Chase and awaited results from Wall Street banks such as Goldman Sachs and Wells Fargo.



4 years ago

Barclays sees Carrefour-Casino merger as possible, pushing up Casino shares

Shares in French retailer Casino rose around 2% on Tuesday after Barclays said in a note that a tie-up with larger rival Carrefour could be a possibility "given the difficulties encountered by Casino's majority shareholder."



4 years ago

Johnson & Johnson beats profit estimates on pharma strength, raises sales outlook

Johnson & Johnson hiked its full-year operational sales forecast as strong demand for its cancer drugs Darzalex and Imbruvica helped it beat estimates for second-quarter profit on Tuesday.



4 years ago

Senate to grill Facebook over plans for Libra cryptocurrency

U.S. lawmakers from both sides of the aisle are set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and politicians across the globe. Facebook is fighting a rearguard action to get Washington onside after it shocked regulators and lawmakers with an announcement on June 18 that it was hoping to launch a new digital coin called Libra in 2020.



4 years ago

Oil gains as Iran tensions outweigh U.S. supply boom

Oil prices rose on Tuesday as tensions in the Middle East outweighed the impact of a resumption of production in the Gulf of Mexico after Hurricane Barry and a boom in U.S. supply from shale oil.



4 years ago

Amazon offers $10 to Prime Day shoppers who hand over their data

Amazon.com Inc has a promotion for U.S. shoppers on Prime Day, the 48-hour marketing blitz that started Monday: Earn $10 of credit if you let Amazon track the websites you visit.



4 years ago

Goldman Sachs earnings blow past Wall Street on strong investing banking, trading results

Goldman Sachs reported second-quarter results that beat analysts' expectations Tuesday.

4 years ago

JP Morgan posts an earnings beat, but the bank's stock falls on lowered interest forecast

The Federal Reserve's expected interest rate cuts appears to have impacted J.P. Morgan's forecast for 2019 net interest income.

4 years ago

Wells Fargo profit beats estimates on cost controls, rise in loans

Wells Fargo & Co beat analysts' estimates for quarterly profit on Tuesday, as the fourth-largest U.S. bank benefited from an uptick in lending and aggressive cost cutting.



4 years ago

JPMorgan profit beats estimates on lending strength; net interest margin dips

JPMorgan Chase & Co reported a better-than-expected quarterly profit on Tuesday as higher interest income and buoyant consumer lending offset lower activity at its trading desks.



4 years ago