Posted inBlackstone Group, The Company Reports Private Equity Schwarzman, Stephen A Blackstone Becomes First $1 Trillion Private Equity Manager Passing that milestone puts the firm in the same league as mutual fund behemoths and banking giants. Posted by By Michael J. de la Merced
Posted inBatteries BYD Co Ltd China Company Reports Discount Selling Electric and Hybrid Vehicles Europe Ford Motor Co General Motors Musk, Elon Prices (Fares, Fees and Rates) Production Rivian Automotive LLC Scaringe, R J Shanghai Automotive Industry Corp Sports Utility Vehicles and Light Trucks Tesla Motors Inc United States Tesla’s Profit Rose in the Second Quarter After Big Price Cuts Elon Musk’s electric car company is facing intensifying competition from newer Chinese automakers and established Western car companies. Posted by By Jack Ewing
Posted inCompany Reports Diller, Barry Netflix Inc Netflix Set to Report Earnings, Against the Backdrop of Two Strikes Analysts expect a positive quarter for the streaming company, which is the subject of much vitriol from striking writers and actors. Posted by By Nicole Sperling
Posted inBanking and Financial Institutions Company Reports Goldman Sachs Group Inc Solomon, David M Goldman Sachs Reports Steep Fall in Profit, Highlighting Bank’s Woes The investment bank reported a profit half as large as its rival Morgan Stanley, to say nothing of larger lenders. Posted by By Rob Copeland