Latest News on private equities market

Microsoft expects unit to miss revenue outlook on coronavirus impact

Microsoft expects unit to miss revenue outlook on coronavirus impact

Microsoft Inc said on Wednesday it does not expect to meet the third-quarter revenue forecast for its 'more personal computing' business, as a result of the coronavirus outbreak.



6 years ago
Profits jump at Peugeot maker PSA ahead of Fiat merger

Profits jump at Peugeot maker PSA ahead of Fiat merger

Peugeot maker PSA Group said profitability reached fresh highs in 2019, though the French firm underscored a gloomy outlook for car sales in markets like Europe this year as it pursues its merger with Fiat Chrysler .



6 years ago
Trump, Modi hope talks lead to phase one of U.S.-India trade deal: White House

Trump, Modi hope talks lead to phase one of U.S.-India trade deal: White House

U.S. President Donald Trump and Indian Prime Minister Narendra Modi have agreed to "promptly" conclude ongoing trade talks that they hope can lead to the first phase of a bilateral U.S.-India trade deal, the White House said.



6 years ago
S&P 500 falls for fifth session as virus concerns weigh

S&P 500 falls for fifth session as virus concerns weigh

The S&P 500 fell for a fifth straight day in a volatile session as investors reacted to the latest headlines regarding the spread of coronavirus and sought to gauge the economic fallout.



6 years ago
Pandemic fears jolt stock markets, bonds rally

Pandemic fears jolt stock markets, bonds rally

Asian shares fell on Wednesday as a U.S. warning to Americans to prepare for the possibility of a coronavirus pandemic jolted Wall Street yet again and pushed yields on safe-haven Treasuries to record lows.



6 years ago
Wells Fargo workers seek Washington's help with internal gripes

Wells Fargo workers seek Washington's help with internal gripes

A contingent of aggrieved Wells Fargo & Co workers are taking complaints to Capitol Hill, saying they feel brushed aside by management.



6 years ago
Oil rises on short-covering, hopes for deeper output cut by OPEC+

Oil rises on short-covering, hopes for deeper output cut by OPEC+

Crude prices inched higher on Wednesday as investors covered short positions after three sessions of losses and eyed potential supply cuts, even as fears of a coronavirus pandemic deepened.



6 years ago
Guggenheim's Scott Minerd says 'we've reached a tipping point' with the coronavirus outbreak

Guggenheim's Scott Minerd says 'we've reached a tipping point' with the coronavirus outbreak

Scott Minerd said on "Closing Bell" the effects of the virus would soon begin to appear in corporate earnings and the global supply chain.

6 years ago
U.S. stock exchanges say prepared for coronavirus

U.S. stock exchanges say prepared for coronavirus

U.S. stock exchanges said on Wednesday they were watching coronavirus-related developments closely and had contingency plans in place to continue running if any of their operations were affected.



6 years ago
Waymo joins backlash against California self-driving data requirement

Waymo joins backlash against California self-driving data requirement

Alphabet Inc's Waymo and General Motors Co's Cruise are leading a backlash against a California reporting requirement on self-driving vehicle test data that the companies claim is not relevant or accurate in measuring performance or progress.



6 years ago
Microsoft expects Windows unit to miss revenue outlook on coronavirus impact

Microsoft expects Windows unit to miss revenue outlook on coronavirus impact

Microsoft Inc said on Wednesday it does not expect to meet the third-quarter revenue forecast for its 'more personal computing' business, as a result of the coronavirus outbreak, sending its shares down more than 1% in after-market trading.



6 years ago
Wall Street falls more slowly as investors parse coronavirus fears

Wall Street falls more slowly as investors parse coronavirus fears

The S&P 500 fell for a fifth straight day on Wednesday and while its decline was slower than the last few days, the session was volatile as investors reacted to headlines about coronavirus and sought to gauge its economic fallout.



6 years ago
NMC Health removes CEO amid investigation of UAE firm's finances

NMC Health removes CEO amid investigation of UAE firm's finances

NMC Health has removed Chief Executive Prasanth Manghat with immediate effect and granted its finance chief extended sick leave, as more details emerge from an investigation into the UAE healthcare firm's finances.



6 years ago
Stocks, oil fall as coronavirus fears grip markets

Stocks, oil fall as coronavirus fears grip markets

Stocks and oil prices resumed their fall on Wednesday after authorities said more than 80 people were being monitored for the novel coronavirus in New York state's Long Island, adding to concern over its spread in Europe, Asia and the Middle East.



6 years ago
Blackstone's Joe Zidle says now is not the time to buy stocks, predicts 'more downside volatility'

Blackstone's Joe Zidle says now is not the time to buy stocks, predicts 'more downside volatility'

Joseph Zidle said on "Fast Money" that the coronavirus outbreak will lead to "mini rolling recessions" around the world.

6 years ago