Latest News on private equities market

The company reported an adjusted profit of $2.12 per share. Analysts polled by Refinitiv expected earnings of $1.03 per share.

Morgan Stanley CEO James Gorman said he has been interested in E-Trade for 20 years, but Goldman decided against pursuing a deal for the brokerage.

Gold is trading at a 7-year high as investors pile into safety trades amid ongoing fears over the impact of the coronavirus outbreak.

As the White House considers different tax proposals, one idea that's floating around creates a tax incentive to encourage families to invest in stocks. Making this proposal a reality may be easier said than done.

While presidential candidate Michael Bloomberg said in Wednesday night's Democratic debate that his tax return is probably thousands of pages long, most taxpayers don't have complicated returns — and they also often can file for free.

"How did this get to be, that if you're wealthy and you're a Democrat, it's just bad news?" CNBC's Jim Cramer said following the Democratic debate in Nevada.

Oil prices rose on Thursday, extending gains from its previous session, as the market shifted focus to supply disruptions, while demand concerns eased some after a sharp drop in new coronavirus cases at the epicenter of the outbreak.

L Brands Inc said on Thursday it will sell a controlling stake in its Victoria's Secret unit to investment firm Sycamore Partners, valuing the lingerie brand at $1.1 billion, as it focuses on its core Bath & Body Works brand.

A slowdown in U.S. growth last year was at least partly the fault of President Donald Trump's global trade battles and the resulting hit to business investment, the administration's top economist said on Thursday in an outlook for the coming years.

Office-sharing startup WeWork on Thursday named Shyam Gidumal, a former Ernst & Young executive, as its new chief operating officer in the first major executive appointment under new head Sandeep Mathrani.

The number of Americans filing for unemployment benefits rose modestly last week, suggesting sustained labor market strength that could help to support the economy amid risks from the coronavirus and weak business investment.

U.S. stock indexes were set to open slightly lower on Thursday as a spike in the number of coronavirus cases outside China raised concerns about the global impact of the epidemic, while E*Trade Financial soared on a buyout offer from Morgan Stanley.

Microsoft Chief Executive Satya Nadella said the technology giant will invest $1.1 billion in Mexico over the next five years, according to a promotional video released by the Mexican government on Thursday.

Britain's BAE Systems forecast another year of growth in 2020, saying the company was well-placed to take advantage of increased defence spending that could help to offset any future impact from a German ban on arms exports to Saudi Arabia.

Apple iPhone maker Foxconn said on Thursday it is cautiously restarting production at its main plants in China and warned revenue will be hurt this year by the coronavirus epidemic.