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Latest News on private equity markets

Ryanair halves 2020 growth plans on Boeing MAX delays

Ryanair has slashed its growth plans for next summer, blaming delays in deliveries of Boeing's grounded 737 MAX jet, lifting the shares of rival airlines which had feared a surge in new planes would hit ticket prices.



5 years ago

Husqvarna cools on 2019 margin after chill dents lawn mower demand

Husqvarna , the world's biggest maker of garden power tools such as robotic lawn mowers, blamed cold weather for a fall in second-quarter sales and said the dip in demand meant it would probably not achieve its margin target this year.



5 years ago

Oil steadies as U.S. supply concerns ease, Iran tension unresolved

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



5 years ago

World stocks mark time ahead of U.S. data, earnings

Global stocks struggled to cling to recent gains on Tuesday and the dollar lingered with markets awaiting U.S. data and a slew of corporate and bank earnings for a fresh readout on the health of the world's largest economy.



5 years ago

EU goods trade gaps with U.S. and China widen

The European Union's trade surplus in goods with the United States and its deficit with China both increased in the first five months of 2019, figures that could add extra strain to global tensions.



5 years ago

Johnson & Johnson quarterly profit jumps 41.8%

Johnson & Johnson reported a 41.8% rise in second-quarter profit on Tuesday, helped by its pharmaceuticals business.



5 years ago

Wells Fargo to report earnings before the bell as its CEO search continues

While the nation's fourth-largest bank is expected to report 17.5% year-over-year profit growth, Wells Fargo is still looking for a new CEO.

5 years ago

Oil firms as U.S. supply concerns ease but Iran tension lingers

Oil prices rose on Tuesday as a resumption of output in the Gulf of Mexico after Hurricane Barry and a boom in U.S. supply due to shale oil countered tensions in the Middle East.



5 years ago

Goldman Sachs will report earnings before the bell — here's what the Street expects

Analysts polled by Refinitiv are expecting earnings of $4.89 per share and revenue of $88.828 billion when Goldman Sachs reports second-quarter earnings Tuesday.

5 years ago

Wall Street finds blockchain hard to tame after early euphoria

Two years ago Nasdaq Inc and Citigroup Inc announced a new blockchain system they said would make payments of private securities transactions more efficient. Nasdaq Chief Executive Adena Friedman called it "a milestone in the global financial sector."



5 years ago

Factbox - Blockchain projects: A status update

Banks, exchange operators and other companies are investing billions of dollars to find uses for blockchain, a digital ledger used by cryptocurrencies like bitcoin.



5 years ago

Ryanair CEO says confident in 'great' Boeing 737 MAX despite delays

Ryanair remains confident in the Boeing 737 MAX and believes the plane will be "warmly welcomed" by customers, Chief Executive Michael O'Leary said on Tuesday after he was forced to half the airline's 2020 growth plans due to the plane's grounding.



5 years ago

JP Morgan beats analysts' profit expectations, aided by income tax boost

Bank stocks have rebounded in recent months as strong results from lenders' retail businesses helped drive firms to record profits.

5 years ago

Bleak German mood weighs on Europe, Brexit pummels pound

Darkening German investor morale and fresh Brexit woes cast a shadow over European markets on Tuesday, with German benchmark bond yields coming under pressure and the pound plunging to six month-lows against the euro.



5 years ago

Demand for new designer's ranges lift Burberry sales and shares

Strong demand for designer Riccardo Tisci's new fashion ranges helped revenue at British label Burberry grow faster than expected in the first quarter, sending its shares soaring as a high stakes overhaul showed early signs of promise.



5 years ago