Latest News on private equities market

Huawei's first-half revenue growth accelerates despite U.S. sanctions

China's Huawei Technologies said on Tuesday revenue in the first half of the year grew 23.2% - faster than a year ago - despite an intense U.S. campaign against it that ultimately became a trade ban from mid-May.



6 years ago

BP profit outstrips forecasts, lifted by higher oil output

A strong increase in oil and gas production helped BP offset weaker crude prices and refining profit to beat second quarter profit expectations on Tuesday, lifting its shares.



6 years ago

BP has no plans to take its tankers through Hormuz

BP has not taken any of its oil tankers through the Strait of Hormuz since a July 10 attempt by Iran to seize one of its vessels, the British company's Chief Financial Officer Brian Gilvary said on Tuesday.



6 years ago

Brazil oil block auction looks very expensive: BP CEO

Brazil's closely-watched auction of offshore oil blocks looks "very expensive" and BP has yet to decide if it will take part in it, Chief Executive Officer Bob Dudley said on Tuesday.



6 years ago

Stormy sterling sinks again, stocks wilt before Fed

Brewing no-deal Brexit worries sent the pound sinking towards a two-year low versus the euro and roughed up Irish bonds on Tuesday, while stock markets wilted before what is expected to be the first cut in U.S. rates since the financial crisis.



6 years ago

Exxon Mobil's second-quarter results expected to sag, spotlighting need for asset sales

Exxon Mobil Corp's plan to accelerate asset sales, a way of delivering needed cash to finance shareholder returns and major projects, is getting off to a slow start as oil companies pull back on big deals.



6 years ago

Lufthansa braces for more challenges after price war hits earnings

German airline Lufthansa said it was braced for very tough price competition with Ryanair and easyJet for at least the rest of this year as it reported a plunge in second-quarter earnings on Tuesday.



6 years ago

Sony posts 18% jump in first-quarter profit on strong image sensor business

Japan's Sony Corp on Tuesday reported an 18.4% increase in first-quarter operating profit, beating market expectations thanks to a strong performance in the image sensor business.



6 years ago

D.R. Horton profit rises 4.6%

No.1 U.S. homebuilder D.R. Horton Inc reported a 4.6% rise in quarterly profit on Tuesday, driven by higher demand and cheaper mortgage rates.



6 years ago

Eli Lilly tops revenue estimates on diabetes drug boost

Eli Lilly and Co edged past Wall Street estimates for quarterly revenue on Tuesday, as higher sales of its top-selling diabetes drug, Trulicity, helped offset the impact of generic competition on its erectile dysfunction drug, Cialis.



6 years ago

BP profit again outstrips forecasts, lifted by higher oil output

A strong rise in oil and gas production helped BP offset weaker crude prices and refining profit to again beat profit expectations on Tuesday, boosting its shares.



6 years ago

Sony surprises with record profit as image sensor demand offsets weak gaming

Japan's Sony Corp surprised the market by reporting on Tuesday a record first-quarter operating profit despite the slowing gaming business, as strong demand for multiple-lens camera systems for smartphones boosted sales of image sensors.



6 years ago

Capital One shares dive after data breach affecting 100 million

"This headline is not good one for Capital One," says one analyst at RBC Capital Markets.

6 years ago

Procter & Gamble sales, profit beat expectations; shares rise

Procter & Gamble Co's quarterly revenue and profit beat Wall Street expectations on Tuesday, boosted by price hikes and strong demand for its beauty products such as SK-II and Olay, sending its shares up about 4% before the opening bell.



6 years ago

ConocoPhillips adjusted profit falls on lower crude prices

Independent oil and gas producer ConocoPhillips reported an 11.6% drop in quarterly profit on Tuesday, as fears of slowing global economy weighed on crude prices.



6 years ago