Latest News on private equity markets

AMD revenue forecast disappoints on weak console demand

Advanced Micro Devices Inc forecast current-quarter revenue below analysts' estimates on Tuesday, as demand wanes from console makers ahead of new launches.



5 months ago

EBay forecasts first-quarter revenue below estimates, shares fall

EBay Inc forecast first-quarter revenue below Wall Street targets on Tuesday, as the e-commerce company faces fierce competition from bigger rival Amazon.com Inc , sending its shares down about 3% after the bell.



5 months ago

EBay forecast disappoints amid competition from Amazon, Walmart

EBay Inc forecast first-quarter revenue below analysts' estimates on Tuesday, as the e-commerce company faces fierce competition from Amazon.com Inc and Walmart Inc .



5 months ago

Apple's iPhone back to growth as company braces for coronavirus impact

The iPhone is back. But Apple is girding for more disruptions in virus-hit China.



5 months ago

Starbucks plans to launch plant-based breakfast sandwich this year

Starbucks Corp said on Tuesday it would introduce a breakfast sandwich this year with a plant-based patty in the United States and Canada.



5 months ago

Pfizer profit misses estimates as revenue falls; plans no 2020 share repurchases

Pfizer Inc on Tuesday reported quarterly profit that fell short of Wall Street expectations for the first time in at least two years, and the drugmaker said it will no longer rely on share repurchases to help drive growth.



5 months ago

Nissan says it plans to sell 1.6 million cars in China this year

Japanese carmaker Nissan Motor Co said on Wednesday it planned to sell about 1.6 million vehicles in China, the world’s biggest auto market.



5 months ago

Proton-packed Geely takes on Honda and Toyota in Southeast Asia

Li Chunrong was hired by Chinese automaker Geely to revive the fortunes of the Proton brand in Malaysia, and it took him two years to eclipse Japanese giants Honda and Toyota. Now he plans to take the fight across Southeast Asia and beyond.



5 months ago

'Flash crash' trader sentenced to time served plus a year of home confinement: lawyers

A Chicago-based U.S. federal district court judge on Tuesday sentenced Navinder Sarao, a London-based trader accused of contributing to Wall Street's 2010 "flash crash", to time already served in jail of four months, with a year of home confinement, Sarao's attorneys said in a statement.



5 months ago

Oil rises as investors take stock of economic hit from virus

Oil prices rose for a second day on Wednesday, standing on firmer ground after a five-day fall on talk OPEC could extend oil cuts if a new coronavirus hurts demand, while data showing a decline in U.S. stockpiles helped steady prices.



5 months ago

Tim Hortons pulls Beyond Meat products from Ontario, British Columbia

Restaurant Brands International Inc's Tim Hortons said on Tuesday it has removed Beyond Meat Inc's products from its coffee and donut shops in the Canadian provinces of Ontario and British Columbia.



5 months ago

Renault turns to VW's De Meo as car maker seeks fresh start

Renault's Tuesday named Luca de Meo, the former head of Volkswagen's Seat brand, as its next chief executive, as the car maker looks to draw a line under a year of turmoil by finalizing a long-awaited management shake-up.



5 months ago

Asian stocks rise as Apple drives tech gains, virus worries ease

Asian shares rose on Wednesday as better-than-expected Apple Inc earnings drove some regional tech gains although broader confidence was capped by worries about the economic impact of China's virus outbreak.



5 months ago

JPMorgan plans to cut hundreds of jobs in consumer unit: Bloomberg

U.S. bank JPMorgan Chase & Co is planning to cut hundreds of jobs across its consumer division, Bloomberg reported https://bloom.bg/2GsDvzw on Tuesday, citing people briefed on the matter.



5 months ago

Asian shares turn red as Hong Kong tumbles on China virus

Asian shares erased earlier gains on Wednesday, swinging into negative territory as a spike in new Chinese virus cases sent Hong Kong stocks tumbling and fueled fears about the economic impact of the outbreak.



5 months ago