Relieved analysts praise Facebook's bang-up results, raise price targets
Brokerages were unanimous in their praise of Facebook after it reported second-quarter profit nearly 6% above estimates
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.
Raytheon profit beats, raises full-year outlook
U.S. weapons maker Raytheon Co on Thursday reported a better-than-expected second-quarter profit and raised its full-year profit and sales outlook, helped by higher sales of missiles...
Nissan to cut 12,500 jobs as first quarter profit nearly wiped out
Nissan Motor Co said on Thursday it would slash 12,500 jobs globally by 2022 and cut output to rein in costs as it suffers from sluggish...
AB InBev beats expectations as beer sales growth hits five-year high
Anheuser-Busch InBev , the world's largest brewer, beat earnings expectations in the second quarter after beer sales grew at their fastest pace in over five years,...
Total plans $5 billion in asset sales, second quarter net profit falls
French energy giant Total said on Thursday it will sell assets worth around $5 billion mostly from its upstream exploration and production business as it seeks...
Old habits die hard: Saudi Arabia struggles to end oil addiction
When Saudi Aramco was on the verge of a deal last year to buy a stake in an Indian oil refinery, its boss quickly boarded a...
Volkswagen second-quarter operating profit up 30% as SUV push pays off
Volkswagen Group said its second-quarter operating profit rose 29.9% despite a 1.8% drop in vehicle sales after the VW brand launched a raft of higher-margin sports...
Unilever second-quarter sales growth falls short of estimates
Consumer goods giant Unilever Plc reported slightly weaker-than-expected quarterly underlying sales growth on Thursday, hit by wet weather in Europe and North America, and moderating growth...
Asian shares tick higher, euro near two-month lows before ECB decision
Asian shares rose after a cautious start, while the euro hovered near two-month lows as soft economic data fueled hopes the European Central Bank could cut...
AB InBev beats earnings expectations as beer sales spike
Anheuser-Busch InBev , the world's largest brewer, beat earnings expectations in the second quarter after beer sales grew at their fastest pace in five years.
Oil crawls up amid Mideast tensions; weak demand outlook caps gains
Oil prices nudged higher on Thursday amid Middle East tensions and after weekly U.S. crude stocks dropped more than expected, but gains were stemmed by a...
Invisalign maker warns of slowdown in China, shares plummet 20%
Invisalign shipments disappointed, "primarily due to a softness in China related to a tougher consumer environment," CEO Joe Hogan says.
Wall St. declines on weak earnings reports; ECB disappoints
U.S. stocks slipped on Thursday after a handful of disappointing earnings pointed to a slowing global economy and as European Central Bank signaled monetary policy easing...
T-Mobile beats estimates for phone subscribers
T-Mobile US Inc on Thursday beat analysts' estimates for second-quarter net new phone subscribers who pay a monthly bill, boosted by the U.S. mobile carrier's competitive...
NFL star Adrian Peterson made close to $100 million but apparently can't pay his debts
The Washington Redskins running back is fighting creditors in court over a $5.2 million loan. Here's what the pros tend to get wrong about managing their...