GE shares fall on report alleging its finances are worse than disclosed
General Electric shares fell as much as 15% on Thursday after fraud investigator Harry Markopolos, who blew the whistle on Bernard Madoff's Ponzi scheme, said GE...
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Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
GE shares tank more than 10% after Madoff whistleblower calls it a 'bigger fraud than Enron'
GE says the allegations of fraud are "entirely false and misleading."
Read the full report from the Madoff whistleblower accusing GE of an Enron-like fraud
Whistleblower Harry Markopolos released a new report about General Electric, saying the company is using some of the same accounting tricks as Enron.
Stocks falter, dollar recovers on renewed growth worries
The dollar recovered from early weakness but a gauge of global equity performance edged lower on Thursday as concerns about global growth offset investor optimism over...
'Crazy inverted yield curve' vexes Fed, with no clear resolution
Amid the recent financial market volatility, the interest rates on some long-dated government bonds have fallen below the level for short-term debt.
U.S. manufacturing output drops in July
U.S. manufacturing output dropped in July, ending a run of two months of growth.
Wall Street higher on strong retail sales data
U.S. stocks tried to bounce back on Thursday from a steep selloff a day earlier, as strong retails sales data and upbeat Walmart earnings eased concerns...
Premium brews in Asia stoke Carlsberg's half-year sales
Danish brewer Carlsberg posted a solid rise in half-year sales thanks to Asian markets, where consumers are trading up from mainstream beers to pricier premium brands,...
China says U.S. block on nuclear firms a 'misuse' of export controls
A U.S. decision to stop China General Nuclear Power Corp (CGN) and its subsidiaries from dealing with U.S. companies was a misuse of export control measures...
Asia stocks take heart in stimulus speculation
Asian shares found some footing on Friday after a turbulent week as China hinted at more support for its economy, amid growing expectations of aggressive stimulus...
Stocks steady after rout, pinning hopes on central banks
World shares held at 2-1/2-month lows on Thursday and Wall Street was set for a firmer open as investors bet the U.S. Federal Reserve and other...
GE shares fall on report that cash situation worse than thought
General Electric shares fell 5% on Thursday after the Wall Street Journal reported that Harry Markopolos, a whistleblower in the Bernard Madoff Ponzi case, had alleged...
J.C. Penney posts smaller-than-expected loss; shares rise
J.C. Penney Co Inc posted a smaller-than-expected second-quarter loss on Thursday, as the struggling retailer's efforts to cut costs and shutter unprofitable businesses paid off.
Ackman eyes more gains for his fund with help of Berkshire, others
Billionaire investor William Ackman, whose portfolio has gained almost 50% this year, said his fund can keep delivering "high, long-term" returns, and he expects that a...
China says has to take counter-measures to latest U.S. tariffs
China has to take necessary counter-measures to the latest U.S. tariffs on $300 billion of Chinese goods, the finance ministry said on Thursday.