Latest News on private equities market

Delta Air Lines adding flights in June, July: CEO

Delta Air Lines adding flights in June, July: CEO

Delta Air Lines Inc is likely to increase capacity this summer by adding more flights in June and July, its chief executive officer told Fox Business Network in an interview on Wednesday.



6 years ago
Deutsche Bank chairman to stand down in 2022

Deutsche Bank chairman to stand down in 2022

Deutsche Bank's chairman Paul Achleitner said he intends to step down as chairman of the German lender when his term ends in 2022.



6 years ago
Lowe's sales surge as lockdowns spur home improvement spending

Lowe's sales surge as lockdowns spur home improvement spending

Lowe's Cos Inc reported its biggest rise in quarterly same-store sales in at least 15 years on Wednesday, as people spent more on tools and paint for do-it-yourself projects and home repairs during the coronanvirus lockdowns.



6 years ago
Harley plans to ship fewer models to U.S. dealers: WSJ

Harley plans to ship fewer models to U.S. dealers: WSJ

Harley-Davidson Inc is reopening its factories this week at lower production rates and sending dealers a narrower range of motorcycles, the Wall Street Journal reported on Wednesday.



6 years ago
Oil up on lower U.S. stocks, firmer demand

Oil up on lower U.S. stocks, firmer demand

Oil prices firmed on Wednesday on signs of improving demand and a drawdown in U.S. crude inventories, but worries over the economic fallout from the coronavirus pandemic and weak refining margins capped gains.



6 years ago
Deutsche Bank CEO says bank must be more profitable before consolidating

Deutsche Bank CEO says bank must be more profitable before consolidating

Deutsche Bank's CEO said the bank needed to become more profitable before taking a leading role in European banking consolidation and dismissed concerns it would need state aid as it handles the fallout of the coronavirus outbreak.



6 years ago
Rationale for FCA-PSA merger deal 'stronger than ever': Elkann

Rationale for FCA-PSA merger deal 'stronger than ever': Elkann

The reasons behind the proposed merger of car makers Fiat Chrysler and Peugeot-owner PSA are "stronger than ever" as the COVID-19 pandemic adds to existing challenges facing the industry, the FCA chairman said on Wednesday.



6 years ago
Target profit sinks 64% as COVID-19 costs offset gains from sales surge

Target profit sinks 64% as COVID-19 costs offset gains from sales surge

Target Corp reported a 64% plunge in quarterly profit on Wednesday, pummeled by costs to tackle the coronavirus outbreak, even as panic-buying during the crisis lifted the big-box retailer's online and store sales.



6 years ago
Renault to re-open its Sandouville plant on Friday: union source

Renault to re-open its Sandouville plant on Friday: union source

French carmaker Renault will re-open its Normandy-based Sandouville plant in northwestern France on Friday, a trade union source told Reuters on Wednesday.



6 years ago
Fed mulls firmer rate guidance, adding dates or goals, minutes show

Fed mulls firmer rate guidance, adding dates or goals, minutes show

Federal Reserve policymakers last month opened a broad debate over what they can and should to do to boost the effectiveness of their monetary policy tools amid the coronavirus pandemic and beyond, a detailed summary of their most recent policy-setting meeting showed Wednesday.



6 years ago
Stocks rally on reopening, stimulus hopes

Stocks rally on reopening, stimulus hopes

The three major averages on Wall St were poised for their fourth gain in five session on Wednesday as investors again bet on a swift economic recovery from coronavirus-driven lockdowns and the potential for more stimulus measures from the Federal Reserve.



6 years ago
At Fiat Chrysler's Brazil plant, production resumes with safety checks

At Fiat Chrysler's Brazil plant, production resumes with safety checks

Before going to work these days, employees at the Brazilian unit of Fiat Chrysler Automobiles have to get a health check using a mobile app every morning.



6 years ago
Investor Ricky Sandler pushes for herd immunity approach to coronavirus after his hedge fund suffered losses

Investor Ricky Sandler pushes for herd immunity approach to coronavirus after his hedge fund suffered losses

Hedge fund manager Ricky Sandler is privately telling his friends that he supports the idea of herd immunity as a way to fight the coronavirus and get back to normal.

6 years ago
Senate passes bill that could block Chinese firms from U.S. securities exchanges

Senate passes bill that could block Chinese firms from U.S. securities exchanges

The U.S. Senate passed legislation on Wednesday that could prevent some Chinese companies from listing their shares on U.S. exchanges unless they follow standards for U.S. audits and regulations.



6 years ago
U.S. travelers pick car rentals over flights for holidays: travel website Kayak

U.S. travelers pick car rentals over flights for holidays: travel website Kayak

Travel website Kayak is seeing more demand for car rentals than air travel from customers looking to avoid crowds and stay closer to home as U.S. states reopen, Chief Executive Officer Steve Hafner told Reuters on Wednesday.



6 years ago