Kellogg results beat forecasts on North America demand, shares surge
Kellogg Co beat Wall Street expectations for quarterly sales and profit on Thursday, boosting the food maker's shares 12% as investments in marketing and product development...
Market wire
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.
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...
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...
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...
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...
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...
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."
'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...
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,...
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...
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...
Similar 'adjustments' by the Federal Reserve in the 1990s led to boom times for stocks
The central bank made "midcycle adjustments" in 1995 and 1998, cutting rates three times, which drove the S&P 500 higher.
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.
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.
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...