equity

Blackstone Third-Quarter Profits Top Estimates

Blackstone Third-Quarter Profits Top Estimates

Blackstone Group LP (NYSE: BX), the world’s largest manager of alternative assets, reported Thursday an increase in third-quarter profit that exceeded analyst expectations as continuing market strength boosted the value of its investments.Net ..

Yum China Shares Jumped After It Rejects Private Buyout Offer

Yum China Shares Jumped After It Rejects Private Buyout Offer

Yum China Holdings Inc. (NYSE: YUMC) shares jumped for a second day after Wall Street Journal reported that the Company had rejected a private buyout offer from group led by investment firm Hillhouse Capital Group, citing a person familiar with the ..

Biogen Reports Positive Results on Alzheimer's Trial, Shares Soar

Biogen Reports Positive Results on Alzheimer's Trial, Shares Soar

Biogen Inc. (NASDAQ: BIIB) announced today that the outcome of its large clinical trial consisting of 856 patients regarding an Alzheimer’s drug produced positive results. Together with its Japanese partner, Eisai Co., the experimental dr..

U.S. Bancorp Tops on Q1 Earnings

U.S. Bancorp Tops on Q1 Earnings

On Wednesday, U.S. Bancorp (NYSE: USB), which is the largest regional bank, announced its financial results for the first quarter of 2018. Shares of the bank rose around 1% in premarket trading today.For the first quarter, the bank reported net..

International Stocks Up, Dollar Rebounds

International Stocks Up, Dollar Rebounds

International equity indexes went north on January 16, all set for wide gains. The European shares lighted up the way, taking their direction from positive trading trends in Asia-Pacific region. The US dollar also bounced up from its three year low ..

Local Startup Investment Not Profitable as Stocks

Local Startup Investment Not Profitable as Stocks

Investments made by New Mexico in small companies located in the state are not showing the desired results. Startup companies funded by New Mexico's State Investment Council are not giving back the same returns as stock index funds managed by Wa..

DineEquity Inc Announced Earnings and Plans to Close More Applebee's Location

DineEquity Inc Announced Earnings and Plans to Close More Applebee's Location

DineEquity Inc. (NYSE: DIN) reported second quarter of fiscal 2017 financial results. Through its subsidiaries the company owns and franchises the Applebee's Neighborhood Grill & Bar (Applebee's) concept in the bar and grill segment..