Economists who predicted the rate cut are now utterly confused about what the Fed does next
The Federal Reserve delivered their first rate cut since 2008 but Wall Street economists disagree about what happens next.
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.
Goldman Sachs: One more rate cut and then the Fed is done
Goldman Sachs estimates an 80% probability of another rate cut this year to wrap up the Fed's easing cycle.
U.S. weekly jobless claims rise moderately
The number of Americans filing applications for unemployment benefits increased last week, but the trend in claims remained consistent with tightening labor market conditions.
Seeds of London Stock Exchange deal planted at flower show
The London Stock Exchange Group Plc’s expected $27 billion purchase of financial-data business Refinitiv has its origins in May 2013, amid the crocuses, champagne and corporate...
Pizza Hut rebound bolsters Yum Brands' profit beat
Yum Brands Inc beat analysts' expectations for quarterly profit and sales on Thursday, as the restaurant chain operator benefited from better-than-expected growth at all its restaurant...
Pickup trucks drive GM second quarter profit beat despite sales drop
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...
Britain's LSE delivers 'defining' $27 billion Refinitiv deal in data drive
London Stock Exchange has agreed to buy financial information provider Refinitiv in a $27 billion deal aimed at offering trading across regions and currencies and establishing...
Cigna posts second-quarter profit beat, raises 2019 earnings forecast
Health insurer Cigna Corp raised its forecast for full-year adjusted earnings on Thursday after posting a better-than-expected profit in the second quarter, helped by higher revenue...
Marathon Petroleum profit beats on higher crude shipments, retail strength
U.S. refiner Marathon Petroleum Corp on Thursday beat estimates for quarterly profit, as it transported more crude through its pipelines and benefited from higher sales from...
Funding Report for July 2019
Funding Report for July 2019 The post Funding Report for July 2019 appeared first on Crowditz .
ADM profit plunges more than 40% on U.S. weather, trade war woes
U.S. grains merchant 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...
Yum Brands earnings beat on Taco bell, KFC boost
Yum Brands Inc beat Wall Street expectations for quarterly profit and sales on Thursday, as the restaurant chain operator benefited from better-than-expected growth at KFC, Pizza...
Verizon beats profit estimates as monthly phone subscribers jump
Verizon Communications Inc on Thursday beat second-quarter profit estimates as the largest U.S. mobile carrier added far more net new phone subscribers who pay a monthly...
Apple and Microsoft vie for top market spot, but only one will win
Apple has pushed past the $1 trillion market cap to nip at Microsoft's heels. The charts suggest one will keep rolling past that milestone.
Toyota faces Australian class action over claims of faulty diesel filters
Australian lawyers filed a class action lawsuit against Toyota Motor Corp's local unit on Thursday, claiming some models of the carmaker's top-selling vehicles Hilux, Prado and...