Latest News on private equities market

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
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
Asian shares sink as virus fears maul China's markets

Asian shares sink as virus fears maul China's markets

Asian shares were dragged to near two-month lows on Monday by Chinese markets, which plunged on their first trading day after a long break on fears the coronavirus epidemic would hit demand in the world's second-largest economy.



6 years ago
Virus worries wipe $420 billion off China's stock market

Virus worries wipe $420 billion off China's stock market

Investors erased $420 billion from China's benchmark stock index on Monday, sold the yuan and dumped commodities as fears about the spreading coronavirus and its economic impact drove selling on the first day of trade in China since the Lunar New Year.



6 years ago
Convicted former WorldCom CEO Ebbers dead at 78

Convicted former WorldCom CEO Ebbers dead at 78

Bernard Ebbers, the former WorldCom Inc chief executive convicted in one of the largest U.S. accounting scandals, died on Sunday, his family said in a statement.



6 years ago
Australia's Westpac hit with second U.S. class-action

Australia's Westpac hit with second U.S. class-action

Investor rights law firm Bernstein Liebhard has filed a class-action suit against Australia's No. 2 lender, Westpac Banking Corp , accusing it of failing to monitor financial crime, the law firm said on Monday.



6 years ago
Worried investors should avoid making big moves because of coronavirus fears

Worried investors should avoid making big moves because of coronavirus fears

Worries about the spread of the coronavirus prompted a sudden market drop on Friday. Many individual investors react to this kind of news in the same way: with an all-or-nothing approach. They would be wise to follow what professional investors do, one expert says.

6 years ago
Tesla short sellers are down $8 billion in 2020, including $2.5 billion alone from Monday's pop

Tesla short sellers are down $8 billion in 2020, including $2.5 billion alone from Monday's pop

Investors betting against Tesla's stock have lost $8.3 billion since the beginning of the year, according to data from S3 Partners.

6 years ago
Asian shares set for rough ride on virus fears, eyes on China

Asian shares set for rough ride on virus fears, eyes on China

Asian markets are set for another bumpy ride on Monday on fears about the hit to world growth from the rapidly spreading coronavirus, with all eyes on China where trading resumes following the Lunar New Year break.



6 years ago
Exxon Baytown refinery union workers reject contract offer: sources

Exxon Baytown refinery union workers reject contract offer: sources

Union workers at Exxon Mobil Corp’s Baytown, Texas, refinery rejected a contract extension in voting completed on Friday, said sources familiar with the vote.



6 years ago
China January factory activity growth slows to five-month low: Caixin survey

China January factory activity growth slows to five-month low: Caixin survey

China's factory activity expanded at its slowest pace in five months in January, even as an outbreak of a new virus added to risks facing the world's second-largest economy, a private survey showed on Monday.



6 years ago
Asian shares set for rough ride on virus fears, China in focus

Asian shares set for rough ride on virus fears, China in focus

Asian markets are set for another bumpy ride on Monday on fears about the hit to world growth from the rapidly spreading coronavirus, with all eyes on China where trading resumes following the Lunar New Year break.



6 years ago
Chinese markets tumble on coronavirus fears

Chinese markets tumble on coronavirus fears

Chinese stock and commodity markets fell heavily at the open on Monday, in the first trading session after an extended Lunar New Year break, as investors dumped risky assets in response to rising fears about the spread of a new virus across China.



6 years ago
China's CATL signs battery supply agreement with Tesla

China's CATL signs battery supply agreement with Tesla

China's top electric vehicle battery maker CATL said on Monday it has signed a battery supply agreement with Tesla .



6 years ago
Asian shares drop, commodities sink on virus fears after Lunar New Year break

Asian shares drop, commodities sink on virus fears after Lunar New Year break

Asian shares stumbled on Monday, oil skidded and commodities on Chinese exchanges plunged on their first trading day after a long break on fears the coronavirus epidemic will hit demand in the world's second-largest economy



6 years ago