KRTL BioTech

Latest News on private equity markets

Strong consumer spending drives Mastercard profit beat

Mastercard Inc on Tuesday beat Wall Street estimates for quarterly profit as customers shrugged off fears of an economic slowdown and spent more with their credit and debit cards, boosting fees for the world's second-largest payment processor.



6 years ago

Kellogg profit beats on higher demand for snacks, frozen foods

Kellogg Co reported quarterly sales and profit above market expectations on Tuesday, benefiting from higher demand for its Pringles and Cheez-It snacks, as well as frozen foods.



6 years ago

Blame it on Instagram: Spending on costumes takes over Halloween

In the days leading up to Oct. 31, nearly half of millennials admitted making Halloween purchases strictly for the social media posts.

6 years ago

Aramco signs slew of deals at Future Investment Initiative conference

Saudi Aramco has signed several deals at the Future Investment Initiative conference in Riyadh, Saudi Arabian General Investment Authority (SAGIA) said in a statement on Tuesday.



6 years ago

Tech improves your life, but are you willing to pay the monthly cost?

Subscriptions could be responsible for hundreds of dollars in spending you may not even see.

6 years ago

Merck beats estimates as Keytruda sales top $3 billion for first time

Merck & Co Inc blew past Wall Street expectations for third-quarter profit on Tuesday, as sales of its blockbuster immunotherapy Keytruda crossed the $3-billion mark for the first time in a quarter and beat lofty estimates.



6 years ago

Financial advisors need a succession plan to benefit clients and their own firm

With average financial advisor now in their 50s and many in their 60s and 70s, the fate of thousands of practices remains in doubt. Studies show that most small advisors, particularly solo practitioners, have no successor to fill their shoes.

6 years ago

Oil slips to $61 on OPEC+ doubts, U.S. inventories in view

Oil slipped to around $61 a barrel on Tuesday, falling for a second day, pressured by expectations of a rise in U.S. crude inventories and doubts that OPEC and its allies will cut oil output further in December.



6 years ago

Britain's Tesco takes on discounters with paid-for loyalty card

Tesco will next week become the first major British supermarket group to offer a subscription customer loyalty scheme, the latest weapon in its fight to stem the market share gains of German-owned discounters.



6 years ago

Wall Street dips at open after mixed earnings reports

Wall Street opened slightly lower on Tuesday as investors assessed a mixed batch of earnings reports, including from Google-parent Alphabet and big drugmakers Merck and Pfizer.



6 years ago

Alphabet should spin off YouTube because it would be worth $300 billion as standalone, analyst says

If YouTube becomes a $300 billion standalone company, it would rank as one of the top 20 biggest companies in the S&P 500

6 years ago

Here are the biggest analyst calls of the day: FedEx, UPS, Slack & more

Here are the biggest calls on Wall Street on Tuesday

6 years ago

Murray Energy joins growing list of coal companies to declare bankruptcy

Murray Energy, once the nation's largest privately held coal company, has filed for Chapter 11 bankruptcy protection.

6 years ago

U.S. strike weighs on GM 2019 profit outlook

General Motors Co on Tuesday slashed its earnings forecast for 2019, saying that a 40-day U.S. labor strike by the United Auto Workers union that brought virtually all of its North American operations to a standstill would cost it around $3 billion in profits this year.



6 years ago

Pentagon announces F-35 jet prices for next three years

The Pentagon announced pricing details on Tuesday for its agreement with Lockheed Martin Co that lowers the cost of the F-35 jets it plans to purchase through 2022 by 12.7%, which may encourage other nations to buy warplanes.



6 years ago