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Latest News on private equity markets

Fannie Mae net income falls, seen paying $3.4 billion to U.S. Treasury

Fannie Mae's net income fell in the second quarter from a year-ago due to losses on its derivatives, while it is expected to pay $3.4 billion in dividends to the U.S. Treasury, the No. 1 U.S. mortgage financing agency said on Thursday.



5 years ago

Here are the biggest analyst calls of the day: IBM, Corning, RH & more

Here are the biggest calls on Wall Street on Thursday

5 years ago

Kellogg's profit and sales beat estimates on strong snacks demand

Kellogg Co beat Wall Street expectations for quarterly sales and profit on Thursday, driven by higher demand for its snacks, including Pringles and Pop-Tarts, in North America, sending its shares up about 4% before the bell.



5 years ago

August is typically a rough month for stocks and could be again

Uncertainty looms after the Fed's rate cut, but traders haven't lost optimism.

5 years ago

Wedding loans exist and couples are borrowing $11,000 on average to pay for the perfect day

With loans for pricey weddings on the rise, experts are concerned about bigger burdens for Americans already swamped with debt.

5 years ago

U.S. manufacturing activity slows further in July

U.S. manufacturing activity slowed to a near three-year low in July and a measure of new orders received by factories rebounded slightly, as the negative effects of a bitter trade war between the United States and China lingered.



5 years ago

Coffee baron's death fuels India Inc anger over govt crackdown on wrongdoing

The apparent suicide of India's coffee baron V.G. Siddhartha, under investigation by tax authorities, has inflamed anger toward the government among business leaders who feel it is going too far in its crackdown on fraud and tax evasion.



5 years ago

Bombardier posts quarterly loss, lowers 2019 forecast; shares plunge

Bombardier Inc lowered its full-year earnings and cash flow forecasts and reported a quarterly loss on Thursday, as it faces challenges in its important rail division, sending shares of the Canadian train and plane maker down 18%.



5 years ago

'Truck, truck and away': Pickups drive GM's profit beat

General Motors Co posted a better-than-expected net profit on Thursday as high-margin pickup trucks, SUVs and crossovers helped overcome slowing sales in the United States and China, and reiterated its full-year earnings forecast.



5 years ago

Banking analyst Dick Bove upgrades Wells Fargo: 'I am convinced that the company will recover'

Odeon Capital senior banking analyst Dick Bove raised his rating on Wells Fargo to buy from hold, citing the banks "enormous financial strength."

5 years ago

ADM profit plunges as floods, U.S.-China trade war batter grain handler

Global grain trader and food processor Archer Daniels Midland Co on Thursday reported a 41.3% drop in second-quarter adjusted profit and missed Wall Street expectations, after being battered by the U.S.-China trade war and severe U.S. weather this spring that disrupted production and transportation.



5 years ago

Wall St. higher on tech boost, focus shifts to earnings

U.S. stocks bounced back on Thursday, helped by technology shares as focus shifted to corporate earnings after a cautious message from the Federal Reserve on interest rates drove some of the biggest falls since May in the previous session.



5 years ago

U.S. factory activity growth slows to weakest in nearly three years

The U.S. manufacturing sector expanded in July, but the pace of growth decelerated to its weakest in nearly three years stemming from a broad decline in activities from the month before, an industry report released on Thursday showed.



5 years ago

BNP Paribas expects only one more U.S. rate cut in 2019

BNP Paribas analysts said late Wednesday they expect the Federal Reserve to lower key U.S. borrowing costs only one more time in 2019, with a 25 basis-point cut in September as an insurance against mounting risks.



5 years ago

Marathon Petroleum tops estimates on refining beat, retail strength

U.S. refiner Marathon Petroleum Corp beat estimates for quarterly profit on Thursday, benefiting from better-than-expected earnings from its refining segment as well as higher sales in its gas stations business.



5 years ago