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Latest News on private equity markets

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

Ryanair says passenger total for current year may miss target

Ryanair expects to fly between 151 million and 153 million passengers in the year to March 31, 2020, Chief Executive Michael O'Leary said on Tuesday, down from an earlier forecast of 153 million passengers.



4 years ago

Here are the biggest analyst calls of the day: Fiat Chrysler, Slack, Micron & more

Here are the biggest calls on Wall Street on Tuesday

4 years ago

Oil steadies as U.S. supply concerns ease but Iran tensions loom

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



4 years ago

Goldman Sachs profit beats expectations on equity trading, lending

Goldman Sachs Group Inc reported a better-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from higher equity trading and an increase in lending to its wealthy clients and companies.



4 years ago

Wells Fargo tops earnings estimates on strong consumer checking and lending business

Wells Fargo's second-quarter earnings report is a mixed bag, with stronger checking and consumer lending but slightly lower net interest income.

4 years ago

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

Goldman's total revenue was down 2% from the second quarter of last year, while investment banking revenue fell 9% year over year.

4 years ago

This 'frothy' IPO market for tech could mean bad news for the sector's future returns

A crop of long-awaited technology companies coming to the public market this year created a "frothy" period, Bernstein said on Tuesday

4 years ago