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Latest News on private equity markets

GSK predicts smaller fall in 2019 profit after standout quarter for Shingrix

GlaxoSmithKline Plc on Wednesday forecast a smaller than previously estimated fall in full-year profit after the British drugmaker beat profit consensus for the second quarter due to demand for its fast-growing Shingles vaccine.



6 years ago

Nasdaq beats quarterly profit on strength in non-trading units

U.S. exchange operator Nasdaq Inc beat analysts' estimates for second-quarter profit on Wednesday, as a boost in its non-trading businesses, including information services, overshadowed a softer trading environment.



6 years ago

Futures hit as DOJ aims antitrust probe at tech

U.S. stock index futures dropped on Wednesday, pressured by a fall in big tech companies after the announcement of a broad antitrust investigation by the U.S. Justice Department into the sector.



6 years ago

AT&T wireless business grows but premium TV subscribers decline

AT&T Inc on Wednesday beat Wall Street estimates for net wireless subscribers who pay a monthly bill as it ground out some growth in a saturated market and continued to bundle media content from Time Warner into new wireless plans.



6 years ago

Nissan warns of profit plunge, set to unveil 10,000 job cuts

Nissan Motor Co Ltd warned on Wednesday that first-quarter profit tumbled around 90% percent, a day before it is expected to announce more than 10,000 job cuts as the crisis deepens at Japan's second-largest automaker.



6 years ago

Global oil market in glut, but not a big enough one for OPEC

OPEC has shifted the goalposts for assessing an overhang in oil inventories, giving the group more room to prolong production cuts, while analysts warn the move will offer a distorted view of market conditions.



6 years ago

Facebook to pay $100 million to settle with SEC over misuse of user data

Facebook Inc agreed to pay a $100 million fine to settle charges by the U.S. Securities and Exchange Commission that it misled investors for more than two years about the misuse of its users' data, the regulator said on Wednesday.



6 years ago

Facebook to pay record $5 billion U.S. fine over privacy violations but critics call it a bargain

Facebook Inc will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and the social media giant will restructure its approach to privacy, the U.S. Federal Trade Commission said on Wednesday.



6 years ago

Here are the biggest analyst calls of the day: Apple, Micron, Amazon & more

Here are the biggest calls on Wall Street on Wednesday

6 years ago

Tax-free back-to-school shopping is coming up. Find out when it arrives in your state here

Want to save 5% or 6% on your back-to-school shopping tab? Here's a calendar of what states are hosting tax-free weekends.

6 years ago

Boeing sinks to $3 billion loss on MAX groundings

Boeing Co reported a nearly $3 billion second-quarter loss on Wednesday as the world's largest planemaker struggles with the prolonged grounding of its best-selling 737 MAX jet, sending its shares down 1% in premarket trading.



6 years ago

Anthem shares sink as cost concerns overshadow earnings beat

Anthem Inc shares fell as much as 4% on Wednesday after the U.S. health insurer missed Wall Street expectations for a key medical cost gauge as a result of higher costs of selling Medicaid health plans for low-income customers.



6 years ago

Caterpillar earnings fall on cooling demand

Caterpillar Inc's on Wednesday reported lower quarterly earnings, hurt by cooling demand for construction machines in Asia-Pacific as well as weak sales at its energy and transportation division.



6 years ago

Dunkin' to add Beyond Meat sausages in breakfast sandwiches

Dunkin' Brands Group Inc said on Wednesday it would add vegan burger maker Beyond Meat Inc's plant-based sausages to its breakfast menu at stores in Manhattan.



6 years ago

A Digitized Staff Compliance Platform is a Must-Have

VigilantCS | Robert Kirwin | July 24, 2019 Meeting regulatory obligations, respecting compliance policies and upholding ethical standards are mission-critical for financial firms—and their staff members. In our experience, these requirements can only be achieved by deploying a digitized solution that increases transparency and promotes individual accountability. Through digitization, firms can automate and reinforce regulatory

6 years ago