This 'frothy' IPO market for tech could mean bad news for the sector's future returns
A crop of long-awaited technology companies coming to the public market this year created a "frothy" period, Bernstein said on Tuesday
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 earnings blow past Wall Street on strong investment banking, trading results
Goldman's total revenue was down 2% from the second quarter of last year, while investment banking revenue fell 9% year over year.
Wells Fargo tops earnings estimates on strong consumer checking and lending business
Wells Fargo's second-quarter earnings report is a mixed bag, with stronger checking and consumer lending but slightly lower net interest income.
U.S. SEC chief says he has not met with Facebook since Libra announcement
A top U.S. financial market regulator said on Tuesday he has not discussed with Facebook its Libra currency proposal, nearly a month after the social media...
Bitcoin tumbles as U.S. senators grill Facebook on crypto plans
The cryptocurrency market took a beating on Tuesday with bitcoin losing over 10% in value after U.S. lawmakers grilled Facebook on its cryptocurrency plans, as political...
Microsoft and Nvidia are among RBC's best ideas for sustainable investing
Microsoft, Nvidia and Salesforce are among the global equities on RBC Capital Markets' list of "best ideas" for sustainable investing.
Wall Street slips as bank earnings, Trump trade comments weigh
U.S. stocks edged lower on Tuesday as quarterly results from banks added to concerns about lower interest rates dampening their profits, while comments from U.S. President...
United Airlines quarterly profit beats on strong travel demand, higher fares
United Airlines Holdings Inc on Tuesday reported a greater-than-expected increase in second-quarter profit, driven by strong air travel demand and the ability to charge more for...
U.S. retail sales data dents stocks, lifts Treasury yields
A gauge of global equities lost ground on Tuesday and U.S. Treasury yields moved higher as a stronger-than-anticipated report on retail sales raised the possibility the...
U.S. Justice Department asks appeals court to pause antitrust ruling against Qualcomm
The U.S. Justice Department asked a federal appeals court to pause the enforcement of a sweeping antitrust ruling against mobile chip supplier Qualcomm Inc on Tuesday,...
United tops profit estimates as MAX woes prompt higher fares in robust travel market
United Airlines Holdings Inc on Tuesday reported a bigger-than-expected increase in second-quarter profit, driven by strong air travel demand and the ability to charge more for...
U.S. lawmakers take jabs at Amazon, Big Tech in antitrust hearing
Lawmakers on the House Judiciary Committee's antitrust panel on Tuesday pressed an executive from Amazon.com Inc on allegations that it competed against its own sellers and...
As Fed approaches rate cut, policymakers debate how deep to trim
U.S. Federal Reserve policymakers, moving toward their first interest rate reduction in a decade later this month, on Tuesday sketched out arguments for whether rates should...
As steep patent cliff looms, Shionogi moves to develop its own U.S. sales staff
For much of its 141-year history, Japan's Shionogi & Co Ltd has played safe when selling its drugs in the United States and other overseas markets...
Oil prices steady after falling to more than one-week lows
Oil steadied after falling more than 3% overnight, with U.S. crude trailing Brent after U.S. inventory data fell short of expectations, amid conflicting signals from the...