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Latest News on private equity markets

Online wealth advisor Betterment launches checking and savings accounts

Betterment debuts a checking and savings account with a 2.69% yield, and a debit card.

5 years ago

Lockheed Martin posts strong quarterly results and raises its forecast

Lockheed Martin turned in second-quarter earnings on Tuesday that were above what Wall Street anticipated.

5 years ago

Oil gains as Middle East Gulf tensions flare, Libya field shut

Oil prices rose on Monday on concerns that Iran's seizure of a British tanker last week may lead to supply disruptions in the Middle East and after Libya reported the shut down of its largest oil field.



5 years ago

Philips second-quarter results top estimates as growth picks up

Dutch health technology company Philips on Monday reported a better-than-expected 6% rise in comparable sales for the second quarter, helped by strong demand for its hospital equipment in China and the United States.



5 years ago

Hyundai Motor logs biggest profit gain in seven years on currency, new models

South Korea's Hyundai Motor Co on Monday posted its steepest quarterly net profit gain in over seven years, as a weaker local currency helped lift U.S. income, while new models boosted domestic sales.



5 years ago

Oil outlook sours as sanctions, global tensions fail to bring out bulls

Sentiment in the oil market has shifted dramatically in recent days, with hedge funds, producers and traders all taking a more bearish tack in response to what they see as weakness in worldwide demand.



5 years ago

Asia stocks fall on likely smaller Fed rate cut, pricier oil

Asia stocks fell on Monday as investors scaled back expectations of an aggressive Federal Reserve interest rate cut, while crude oil prices rose on heightened Middle East tensions following Iran's seizure of a British tanker.



5 years ago

Did someone say rate cut? Five questions for the ECB

After weeks of speculation that interest rate cuts and another round of asset purchases are on their way, investors hope Thursday's European Central Bank meeting will give the clearest signal yet of imminent policy easing, if not the details.



5 years ago

Fire forces Philadelphia Energy Solutions to file for bankruptcy again

Philadelphia Energy Solutions (PES) filed for its second Chapter 11 bankruptcy in less than two years on Sunday, a court filing showed, a month after a fire and explosion led to the permanent shutdown of the biggest oil refinery on the U.S. East Coast.



5 years ago

Dutch firm Philips tops quarterly sales estimates as growth picks up

Dutch health technology company Philips on Monday reported a better-than-expected 6% rise in comparable sales for the second quarter, helped by strong demand for its hospital equipment in China and the United States.



5 years ago

Oil rises on Middle East Gulf tensions; Libya field resumes output

Oil prices rose on Monday on concerns that Iran's seizure of a British tanker last week may lead to supply disruptions in the Middle East Gulf, although gains were capped as Libya resumed output at its largest oil field.



5 years ago

Europe stocks gain; oil jumps on Middle East tensions

European stocks struggled higher on Monday, shrugging off dialed-down expectations for a big U.S. rate cut this month, while escalating tensions in the Middle East boosted safe-haven assets and oil prices.



5 years ago

Oil rises more than 2% after Iran seizes British tanker

Oil prices rose more than 2% on Monday on concerns that Iran's seizure of a British tanker last week may lead to supply disruptions in the energy-rich Gulf.



5 years ago

Philips sales spurred by rising Chinese healthcare spending

Rising healthcare spending by the Chinese government helped Dutch health technology company Philips post better-than-expected sales growth for the second quarter, putting its shares among the top performers in Europe on Monday.



5 years ago

Hyundai Motor lays out U.S. recovery plan, places hope on new SUV models

South Korea's Hyundai Motor Co laid out its U.S. sales turnaround plan on Monday with an expanded line-up of sport-utility vehicles (SUV), after posting its biggest quarterly profit jump in seven years.



5 years ago