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Latest News on private equity markets

3M forecast 2020 profit below estimates on weak Asia demand

U.S. industrial giant 3M Co forecast 2020 profit below expectations and narrowly missed quarterly revenue estimates on Tuesday, as it faces sluggish demand in Asia, its largest market outside the United States, sending its shares down 2.4%.



5 years ago

Services in spotlight after Apple stock market value hits $1.4 trillion

When Apple Inc posts quarterly results on Tuesday, investors will be looking for fresh evidence the iPhone maker should be treated as a producer of high-margin, subscription services after its stock market value touched $1.4 trillion and its earnings multiple trades at decade highs.



5 years ago

Harley-Davidson's shares tumble on steeper fall in revenues

Harley-Davidson Inc on Tuesday reported a larger-than-expected decline in its motorcycles revenue, hurt by a continuing slide in retail sales in the United States, sending its shares plunging in pre-market trade.



5 years ago

Here's why getting a raise can actually hurt your retirement

Americans who get a pay increase need to change their savings behavior to maintain their standard of living in retirement.

5 years ago

UK grants Huawei a limited role in 5G, defying President Trump

Prime Minister Boris Johnson on Tuesday granted China's Huawei a limited role in Britain's 5G mobile network, resisting U.S. pressure to exclude the company from next generation communications on fears China could use it to steal secrets.



5 years ago

U.S. laments UK decision allowing Huawei a limited 5G role: aide

The United States is disappointed by the United Kingdom's decision to grant Chinese telecommunications firm Huawei a limited role in its 5G mobile network, a senior Trump administration official said on Tuesday.



5 years ago

3M forecasts 2020 profit below estimates on weak China demand

U.S. industrial giant 3M Co forecast 2020 profit below expectations and narrowly missed quarterly revenue estimates on Tuesday, as it continues to face sluggish demand in China, sending its shares down 2.8% in early trading.



5 years ago

Ryanair warns of job losses as 737 MAX delivery date slips

Ryanair has warned pilots of possible base closures and job cuts as the date for delivery of its first 10 of Boeing's grounded 737 MAX aircraft slipped into the autumn. In a memo dated Jan. 27 seen by Reuters, the low-cost airline said Boeing would not deliver the first aircraft until September or October at the earliest, as Ryanair does not take deliveries during its peak summer months of June, July and August.



5 years ago

UTC says Collins 2020 profit to be hurt mainly due to MAX grounding

United Technologies Corp Chief Financial Officer Neil Mitchill said he expects 2020 operating profit at the U.S. aircraft parts maker's Collins Aerospace unit, its biggest, to be hurt largely due to the grounding of Boeing Co's 737 MAX aircraft.



5 years ago

Wall Street set to recover after turbulent Monday

U.S. stock indexes were on track to recover on Tuesday after the S&P 500 suffered its worst day in nearly four months in the previous session on fears that a coronavirus outbreak could hit global economic growth.



5 years ago

Thousands of dollars could be draining out of your account when you make these common investing mistakes

From fees and when to invest to the best way to invest in a target-date fund, people make a lot of mistakes when it comes to investing. Expensive mistakes.

5 years ago

Lockheed Martin beats estimates, raises sales forecast on higher F-35 deliveries

Lockheed Martin Corp reported a better-than-expected quarterly profit on Tuesday and forecast 2020 revenue above analysts' estimates, as the Pentagon's No.1 weapons supplier benefited from heightened geopolitical tensions in the Middle East.



5 years ago

Cramer: Buyers after Monday's sharp stock market slide are 'coming in on quicksand here'

There are too many unknowns about the worsening coronavirus outbreak to start buying stocks after Monday's worst market slide since October, said CNBC's Jim Cramer.

5 years ago

Wall Street opens higher after Monday's selloff

U.S. stock indexes opened higher on Tuesday after the S&P 500 suffered its worst day in nearly four months in the previous session on concerns that a coronavirus outbreak in China could hit global economic growth.



5 years ago

Xerox's quarterly profit beats estimates, says firm on HP buyout

Xerox Holdings Corp on Tuesday posted a better-than-expected quarterly profit as it kept a tight lid on costs and said it plans to follow through with its $33 billion bid to buy rival HP Inc .



5 years ago