Latest News on private equities market

Exclusive: OxyContin maker Purdue is 'Pharma Co X' in U.S. opioid kickback probe - sources

Exclusive: OxyContin maker Purdue is 'Pharma Co X' in U.S. opioid kickback probe - sources

OxyContin maker Purdue Pharma LP is the unnamed company that surfaced in criminal charging documents filed earlier this week in a probe of illegal kickbacks from drugmakers, according to people familiar with the matter.



6 years ago
AMD forecasts current-quarter revenue below estimates

AMD forecasts current-quarter revenue below estimates

Advanced Micro Devices Inc forecast current-quarter revenue below Wall Street estimates on Tuesday, due to waning demand from console makers such as Sony and Microsoft ahead of new launches.



6 years ago
Exclusive: Do or die - Nissan takes the axe to the house Ghosn built

Exclusive: Do or die - Nissan takes the axe to the house Ghosn built

Nissan is planning aggressive cost cuts to deal with an unexpected slump in sales as the expansionist strategy it inherited from fugitive former Chairman Carlos Ghosn flounders, four people familiar with the plans said.



6 years ago
High expectations for Tesla, and a long way to go to match rivals' steady profit

High expectations for Tesla, and a long way to go to match rivals' steady profit

Buckle up. Tesla's quarterly report could be another wild ride for investors.



6 years ago
Harley-Davidson's sales growth struggle sends shares tumbling

Harley-Davidson's sales growth struggle sends shares tumbling

Harley-Davidson Inc on Tuesday reported a decline in quarterly motorcycle revenue that outpaced Wall Street's estimates as retail sales in the United States dived again, sending its shares lower.



6 years ago
Here's how to make the most of the tax break for medical expenses — if you can get it

Here's how to make the most of the tax break for medical expenses — if you can get it

While there are a few hurdles you need to clear to use the tax break for medical expenses, anyone with high health care costs may want to see if it's available to them.

6 years ago
Countdown to recession: What an inverted yield curve means

Countdown to recession: What an inverted yield curve means

NEW YORK - A dramatic rally in Treasuries this week led some key parts of the U.S. yield curve to reinvert, a signal that has traditionally been bearish for the U.S. economy.



6 years ago
U.S. business investment weak; consumer confidence at five-month high

U.S. business investment weak; consumer confidence at five-month high

New orders for key U.S.-made capital goods dropped by the most in eight months in December and shipments were weak, suggesting business investment contracted further in the fourth quarter and remained a drag on economic growth.



6 years ago
Stocks rebound in broad rally, safe-haven assets lose luster

Stocks rebound in broad rally, safe-haven assets lose luster

Global equity markets rebounded in a broad rally on Tuesday and some safe-haven assets lost a bit of their appeal as investors took a less pessimistic view of the potential economic fallout from China's coronavirus outbreak.



6 years ago
Wall Street rebounds as tech, financials surge

Wall Street rebounds as tech, financials surge

U.S. stocks rose on Tuesday as gains in technology and financial sectors helped major indexes recover from their worst selloff in about four months on worries over a coronavirus outbreak and its impact on the global economy.



6 years ago
Factbox: Huawei's involvement in other countries' telecoms networks

Factbox: Huawei's involvement in other countries' telecoms networks

Prime Minister Boris Johnson granted Huawei [HWT.UL] a limited role in Britain's 5G mobile network on Tuesday, defying U.S. pressure to exclude the Chinese company from next-generation communications over fears Beijing could use them to spy.



6 years ago
Adidas to launch new fabrics from recycled ocean plastic, polyester

Adidas to launch new fabrics from recycled ocean plastic, polyester

Adidas will launch new fabrics made from recycled polyester and marine plastic waste and expand the product lines that use them after the success of shoes made with the Parley for the Oceans initiative, the sportswear firm said on Tuesday.



6 years ago
Here's how to financially prepare your family for the worst-case scenario

Here's how to financially prepare your family for the worst-case scenario

You've been building up your emergency fund, painstakingly paying off debt and even putting away a few dollars for your child's education. The next step is to protect it all with life insurance. Where to get started.

6 years ago
Wall Street opens higher after Monday's selloff

Wall Street opens higher after Monday's selloff

U.S. stock indexes opened higher on Tuesday after the S&P 500 suffered its worst day in nearly four months in the previous session on concerns that a coronavirus outbreak in China could hit global economic growth.



6 years ago
3M CEO: 'We're going 24/7' to ramp up production of masks to meet coronavirus demand

3M CEO: 'We're going 24/7' to ramp up production of masks to meet coronavirus demand

3M CEO Mike Roman said the company is seeing increased demand for its respiratory protection products due to China's coronavirus outbreak.

6 years ago