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Latest News on private equity markets

U.S. retailers gain online shoppers on Amazon's Prime Day: Adobe

Several large U.S. retailers recorded higher sales on the first day of Amazon.com Inc's Prime Day shopping event as online shoppers also flocked to their websites, Adobe Analytics said on Tuesday.



6 years ago

Domino's shares slide as same-store sales disappoint

Domino's Pizza Inc reported its slowest U.S. same-store sales growth in at least three years in the second quarter, driving shares lower and raising doubts about its strategy for fighting off competition from delivery apps.



6 years ago

Wells Fargo falls despite profit beat as executives warn of higher expenses

The bank reported second-quarter profit that beat forecasts, but lower net interest income and caution around expenses weighed on the stock.

6 years ago

JP Morgan posts an earnings beat, but forecast on interest income disappoints

The Federal Reserve's looming interest rate cuts appears to have impacted J.P. Morgan's forecast for 2019 net interest income.

6 years ago

Oil steadies as U.S. supply ramps up after storm

Oil prices steadied on Tuesday, paring gains as U.S. offshore crude production resumed after Hurricane Barry and tensions between the U.S. and Iran were seen easing.



6 years ago

Big banks beat profit expectations but warning signs grow

Three big U.S. banks reported strong earnings on Tuesday, even as warning signs emerged that the playing field is beginning to tilt against the financial industry.



6 years ago

Italy court acquits former Monte dei Paschi finance chief in fraud case

An Italian court on Tuesday acquitted Monte dei Paschi di Siena's former finance chief Gianluca Baldassari and 11 others of charges related to an alleged fraud scheme at the bank.



6 years ago

Bills targeting China's Huawei introduced in U.S. Congress

Members of the U.S. Senate and House of Representatives introduced bills on Tuesday to keep tight restrictions on Huawei Technologies Co Ltd, amid concern about President Donald Trump's easing of restrictions on the Chinese firm.



6 years ago

Blue Apron beefs up menus with Beyond Meat burgers, shares rise 33%

Blue Apron Holdings Inc said on Tuesday it would include Beyond Meat Inc's plant-based burgers on its menus next month, betting on a multi-billion-dollar meat alternative market to lure new customers.



6 years ago

New York City can ban ads inside Ubers, Lyfts: U.S. appeals court

A federal appeals court on Tuesday said New York City can ban advertising inside vehicles driven for companies such as Uber and Lyft, handing a victory to the millions of passengers who it said find such ads "extremely annoying."



6 years ago

Senators grill Facebook on its plans for Libra cryptocurrency

Facebook Inc is "delusional" to believe people will trust it with their money, a U.S. senator said on Tuesday as lawmakers from both sides of the aisle questioned the social media company on its plans for a digital currency at a hearing on Tuesday.



6 years ago

UAW head to GM: we invested in you, now invest in us

The UAW and General Motors Co on Tuesday formally kicked off contract talks, with the union's president calling on the automaker to keep open plants it has slated for closure and to invest in its workforce after the union helped it through a government-led bankruptcy a decade ago.



6 years ago

One of the oldest investing theories on Wall Street has yet to confirm this year's rally is for real

For investors cheering stocks at record highs, a century-old classic theory is saying the market is still not out of the woods.

6 years ago

Dimon downplays Facebook's crypto: 'We're going to be talking about Libra' years from now

Dimon is making his own bet on a digital coin that could transform the global payments landscape: JPM Coin.

6 years ago

Goldman Sachs earnings blow past Wall Street on strong investment banking, equity trading

Goldman's total revenue was down 2% from the second quarter of last year, while investment banking revenue fell 9% year over year.

6 years ago