Latest News on private equities market

Analysts recommend buying Nike on coronavirus weakness: 'Multi-year buying opportunity'

Analysts recommend buying Nike on coronavirus weakness: 'Multi-year buying opportunity'

UBS upgraded shares of Nike to buy from neutral and JPMorgan added the stock to its "analyst focus list" on Monday.

6 years ago
Stunning Japanese Admission About China May Foreshadow Digital Currency Breakthrough

Stunning Japanese Admission About China May Foreshadow Digital Currency Breakthrough

Forbes | Steven Ehrlich | Jan 27 2020 There are at least 18 central banks developing a form of sovereign digital currency, according to a recent survey from crypto news outlet The Block. Some such as China see the efforts as a way to reduce fraud, increase financial transparency, and support flagging economic growth. Others like

6 years ago
Merkel prepared for EU treaty changes as Brexit requires bloc to be more competitive

Merkel prepared for EU treaty changes as Brexit requires bloc to be more competitive

German Chancellor Angela Merkel said on Monday she would be prepared to back changes to the European Union's Lisbon Treaty, the bloc's legal cornerstone if need be, adding that the EU27 must become more competitive now that Britain has left.



6 years ago
Credit Suisse proposes crisis manager Meddings for board seat

Credit Suisse proposes crisis manager Meddings for board seat

Credit Suisse proposed on Monday Richard Meddings, a British banker with long experience of crisis management, for election to its board in its first non-executive nomination since the Swiss bank was rocked by a spying scandal.



6 years ago
What Britain wants: Johnson outlines post-Brexit trade deal

What Britain wants: Johnson outlines post-Brexit trade deal

Britain set out the type of deal it wants with the European Union on Monday, defining post-Brexit relations between the world's fifth largest economy and its biggest trading partner.



6 years ago
Brexit trade deal clash: UK and EU begin sparring over rules

Brexit trade deal clash: UK and EU begin sparring over rules

The European Union and Britain clashed over a post-Brexit trade deal on Monday with Prime Minister Boris Johnson insisting he need not sign up to the bloc's rules and Brussels warning of tariffs and quotas unless he did.



6 years ago
Oil falls as coronavirus hits demand; OPEC+ considers deeper cuts

Oil falls as coronavirus hits demand; OPEC+ considers deeper cuts

Oil prices fell on Monday, dragged down by concern over demand in China after the coronavirus breakout, though the possibility of deeper crude output cuts by OPEC and its allies offered some price support.



6 years ago
Lawmakers killed this tax strategy for the wealthy. Here's a workaround

Lawmakers killed this tax strategy for the wealthy. Here's a workaround

New stretch IRA rules diluted a popular tax break for the wealthy, but retirement savers could use a particular type of trust as a workaround.

6 years ago
Morgan Stanley donates $20 million to children's mental health programs

Morgan Stanley donates $20 million to children's mental health programs

Morgan Stanley said on Monday it will give $20 million to seven nonprofit groups working to prevent youth suicide and fight depression and other children's mental health problems.



6 years ago
Ryanair says MAX woes could delay growth plans by up to two years

Ryanair says MAX woes could delay growth plans by up to two years

Ryanair may have to push back its long-term target of flying 200 million passengers per year by as much as two years due to delays in the delivery of Boeing's 737 MAX jet, Europe's largest low-cost carrier said on Monday.



6 years ago
Panasonic third-quarter profit rises 3%, beating estimates

Panasonic third-quarter profit rises 3%, beating estimates

Panasonic Corp on Monday reported a 3% rise in third-quarter operating profit, beating analyst estimates, thanks to restructuring efforts and an improvement at the joint battery business with Tesla Inc



6 years ago
Tele2 fourth-quarter tops forecast, launches new restructuring program

Tele2 fourth-quarter tops forecast, launches new restructuring program

Swedish telecoms operator Tele2 reported quarterly core earnings above market forecasts on Monday and proposed a higher ordinary dividend and a special dividend to be paid out for 2019.



6 years ago
U.S. class actions pile up against Australia's Westpac amid money-laundering scandal

U.S. class actions pile up against Australia's Westpac amid money-laundering scandal

Australia's No.2 lender Westpac Banking Corp was hit with a second U.S. class-action lawsuit in less than a week on Monday, over issues with its financial crime monitoring amid a recent money laundering scandal.



6 years ago
Julius Baer sets sights on lowered costs after 2019 profit drop

Julius Baer sets sights on lowered costs after 2019 profit drop

Julius Baer set out new targets to improve its cost-income ratio by 2022, the bank said on Monday as it posted a 5% drop in adjusted net profit for 2019.



6 years ago
Healthineers first-quarter earnings lower on ramp-up costs

Healthineers first-quarter earnings lower on ramp-up costs

Siemens Healthineers' operating income slipped 11% in the first quarter of its fiscal year, despite higher revenues, as it sold less profitable imaging machines and incurred ramp-up costs for its new Atellica blood-testing machines.



6 years ago