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Latest News on private equity markets

Jamie Dimon says his one big worry is negative interest rates

J.P. Morgan Chase CEO Jamie Dimon said that negative interest rates are one of the only things that concern him in a market that's otherwise in a "Goldilocks place."

5 years ago

Airbus hits record highs, 737 MAX buyers fall on latest Boeing news

Airbus' shares hit record highs on Wednesday, after U.S. arch rival Boeing warned of further delay in returning its grounded 737 MAX airliner to service, while Boeing customers and suppliers fell on the news.



5 years ago

Oil falls as surplus forecast overshadows Libya disruption

Oil prices fell on Wednesday as a market surplus forecast by the International Energy Agency (IEA) outweighed concern over disruptions to Libya's crude output.



5 years ago

Exclusive: Eurazeo hires banks for $2.2 billion sale of payments firm Planet - sources

European buyout fund Eurazeo has hired Citigroup and Evercore to prepare the sale of its payments business Planet in a deal that could value the Irish firm at up to 2 billion euros ($2.22 billion), three sources told Reuters.



5 years ago

J&J forecasts weak annual profit, misses revenue estimates

Johnson & Johnson on Wednesday forecast full-year profit largely below expectations, after posting a rare miss on quarterly revenue as sales of some of its major drugs fell short of Wall Street expectations.



5 years ago

Daimler profits halve on diesel and restructuring charges

Daimler warned its earnings halved in 2019 and it faced further charges of up to 1.5 billion euros ($1.7 billion)related to diesel pollution, in the latest blow to the German luxury carmaker.



5 years ago

Diabetes, heart device sales fuel Abbott's revenue beat

Abbott Laboratories Inc beat quarterly sales estimates on Wednesday, boosted by higher revenue from its diabetes and heart devices.



5 years ago

S&P 500 aims for record open on IBM support, fading China virus fears

U.S. stock index futures pointed to fresh highs for the S&P 500 on Wednesday, as investors took heart from China's efforts to contain a deadly virus outbreak, while strong results from IBM and Netflix boosted earnings optimism.



5 years ago

Here are the smartest things to do with that bonus check

An annual bonus is a reward, so don't be afraid to spend a bit on something that brings you pleasure. But it's also important to allocate a portion of this money to meet short- and long-term financial goals.

5 years ago

Wealthsimple launches its first spending account

Wealthsimple | Press Release | Jan 21, 2020 Wealthsimple Cash offers 2.4% interest rate and lets Canadians save and spend through a mobile app and metal card TORONTO, Jan. 21, 2020 /CNW/ - Wealthsimple has launched its first hybrid saving and spending product: Wealthsimple Cash. The new account offers users the ability to save and spend with one

5 years ago

WeWork offloads non-core business Teem, stake in The Wing

Shared workplace operator WeWork said on Wednesday it sold cloud and analytics services provider Teem to digital workplace solutions provider iOFFICE, as it offloads non-core businesses after a botched initial public offering last year.



5 years ago

S&P, Nasdaq hit new highs on waning China virus fears, earnings

The S&P 500 and the Nasdaq hit fresh all-time highs at the open on Wednesday, as investors took heart from China's efforts to contain a virus outbreak and a strong forecast from IBM.



5 years ago

Air Canada to not fly the MAX until June 30

Air Canada said on Wednesday it has removed Boeing's 737 MAX from its flight schedule until June 30, 2020, a day after the U.S. planemaker warned the grounded jet would not win regulatory approval until mid-year.



5 years ago

Stocks shake off China virus worries, dollar stays strong

World stock markets regained strength on Wednesday, as swift updates from China about the spread of a new flu-like coronavirus raised hopes the outbreak would be contained.



5 years ago

Wall Street pegs Boeing's 737 MAX bill at more than $25 billion

Boeing Co's bill for the 737 MAX grounding could balloon to more than $25 billion, analysts estimated on Wednesday, a day after the U.S. planemaker warned of further delay in returning its once best-selling jet to service.



5 years ago