Latest News on private equities market

Russian car maker Avtovaz buys out GM from joint venture

Russia's biggest automaker Avtovaz said on Monday it would buy out General Motors from their joint venture producing vehicles in Russia under the Chevrolet brand.



5 years ago

Swedbank revamps management after money laundering probe

Swedbank said on Monday its chief risk officer was leaving as the Swedish bank's new CEO revamps its structure to regain customer trust after a money laundering scandal sent its shares down 40% in the past year.



5 years ago

Trial begins in U.S. states' effort to block T-Mobile/Sprint deal

U.S. state attorneys general, led by New York and California, deliver opening arguments Monday in a bid to stop T-Mobile U.S. from buying Sprint Corp in a trial that highlights disagreements between federal antitrust enforcers, who are Republican, and Democrats in powerful states.



5 years ago

Saudi Aramco IPO proceeds rise to $29.4 billion after option exercised: TV

The proceeds from Saudi Aramco's record initial public offering have risen to $29.4 billion after the oil company exercised an option to sell 15% more stock, an executive at one of the banks leading the deal told Al Arabiya news channel on Monday.



5 years ago

Stocks whacked as China export decline highlights trade war damage

Global equity markets were in a somber mood on Monday, holding well off recent two-year highs after Chinese export data highlighted the damage from the 17-month long trade war and re-focused attention on a crucial Dec. 15 tariff deadline.



5 years ago

Futures dip as Chinese data disappoints, tariff deadline closes in

U.S. stock index futures edged lower on Monday as weak data from China brought back fears of a slowdown in the world's second-biggest economy, while investors awaited more news on trade ahead of a tariff deadline later in the week.



5 years ago

Tesco shares jump on possible sale of Asian business

Shares in Tesco rose more than 5% on Monday after Britain's biggest retailer said it might sell its Asian businesses, in Thailand and Malaysia, which analysts valued at up to $9 billion.



5 years ago

Oil falls 1% as weak China exports highlight trade war impact

Oil prices fell on Monday after data showed Chinese exports declined for a fourth straight month, sending jitters through a market already concerned about damage to global demand by the trade war between Washington and Beijing.



5 years ago

Just Eat takeover battle hots up with fresh $6.5 bln Prosus bid

Prosus raised its unsolicited cash offer for British food delivery service Just Eat to $6.5 billion on Monday, ratcheting up the pressure on rival bidder Takeaway in their bitter takeover battle.



5 years ago

Tesla investor sees, worst case, a stock double by 2024, saying she has numbers to back it up

The Ark Investment Management founder says that investors who think Tesla shares will plummet are "ignoring a lot of realities."

5 years ago

Nokia halts legal action against Daimler with mediation offer

Finnish telecoms equipment maker Nokia has called a temporary halt to legal action against Daimler in the hope the German carmaker will be open to mediation in their dispute over technology licensing fees.



5 years ago

Oil slips as weak China exports highlight trade war impact

Oil prices fell on Monday after data showed Chinese exports declined for a fourth straight month, sending jitters through a market already concerned about damage to global demand by the trade war between Washington and Beijing.



5 years ago

Virgin Galactic shares to triple as it disrupt airlines with hypersonic travel, Morgan Stanley says

Morgan Stanley began coverage of Virgin Galactic's stock on Monday with an overweight rating.

5 years ago

Advisors hire next-generation talent to thrive. Here's how some practices have already done it

As 40% of advisors plan to retire within the next 10 years, young financial advisors can help fill the gap. Here's how advisory practices are integrating younger generations into their teams.

5 years ago

Goldman Sachs really likes this wing restaurant

Goldman Sachs added Wingstop to its Americas Conviction List based on marketing initiatives and international growth opportunities.

5 years ago