Latest News on private equities market

JP Morgan kicks off bank earnings Tuesday with a boost from trading, but all eyes are on forecast

JP Morgan kicks off bank earnings Tuesday with a boost from trading, but all eyes are on forecast

Bank stocks finished last year on a tear, outpacing the broader stock market in the fourth quarter.

6 years ago
Visa to buy fintech startup Plaid in $5.3 billion deal

Visa to buy fintech startup Plaid in $5.3 billion deal

Visa Inc has agreed to buy privately held financial technology startup Plaid Inc in a $5.3 billion deal, the payments processor said on Monday.



6 years ago
Oil rises as U.S.-Iran conflict eases, focus turns to trade deal

Oil rises as U.S.-Iran conflict eases, focus turns to trade deal

Oil prices rose slightly on Monday as investors shift their focus away from easing Mideast tensions to this week's scheduled signing of an initial U.S.-China trade deal which could boost economic growth and demand.



6 years ago
Renault shares fall on fresh worries about potential break with Nissan

Renault shares fall on fresh worries about potential break with Nissan

Renault shares hit six-year lows on Monday after a media report that Nissan has accelerated secret contingency planning for a potential split from the French carmaker, the latest sign that the downfall of former boss Carlos Ghosn is roiling the 20-year alliance.



6 years ago
Global stocks perch near record highs ahead of U.S.-China trade deal

Global stocks perch near record highs ahead of U.S.-China trade deal

World stock markets ticked higher on Monday, hovering just below record levels ahead of the expected signing of a Phase 1 China-U.S. trade deal, although markets have yet to see details of the agreement.



6 years ago
Wall Street hits fresh record on trade, earnings optimism

Wall Street hits fresh record on trade, earnings optimism

U.S. stock indexes hit fresh record highs on Monday on optimism about the imminent signing of a preliminary U.S.-China trade deal as well as the start of the fourth-quarter corporate earnings season.



6 years ago
The real price of Occidental's 'costless' oil hedge

The real price of Occidental's 'costless' oil hedge

In just 12 days, Occidental Petroleum Corp pulled off one of the biggest hedges against falling oil prices ever placed by a U.S. energy company. It characterized the transaction as "costless" but a Reuters review of regulatory filings, market data and interviews shows that's not the whole story.



6 years ago
U.S. government posts $13.3 billion deficit in December

U.S. government posts $13.3 billion deficit in December

The U.S. government recorded a $13.3 billion budget deficit in December, the Treasury Department said on Monday.



6 years ago
New Wells Fargo CEO brings Wall Street swagger to storied bank

New Wells Fargo CEO brings Wall Street swagger to storied bank

Charles Scharf will make his public debut as Wells Fargo & Co’s chief executive during the bank’s quarterly earnings call on Tuesday, and those who have worked with him in the past say he is likely to strike a much different chord than his predecessors.



6 years ago
Maersk bets on cold storage to boost land transportation business

Maersk bets on cold storage to boost land transportation business

Maersk , the world's biggest shipping company, plans to focus on premium services such as cold storage and digital solutions to avoid competing with its own freight-forwarding clients as it expands in the land transportation business.



6 years ago
Banks lobby Aramco for incentive fee after slim IPO pickings: sources

Banks lobby Aramco for incentive fee after slim IPO pickings: sources

Global banks who worked on Saudi Aramco's record initial public offering are pushing for an additional "incentive fee", three sources familiar with the matter said, as they try to boost relatively low earnings from the deal.



6 years ago
Wall Street nears record high on trade, earnings optimism

Wall Street nears record high on trade, earnings optimism

U.S. stock indexes rose to near all-time high on Monday on optimism about the imminent signing of a preliminary U.S.-China trade deal as well as the start of the fourth-quarter corporate earnings season.



6 years ago
New Boeing chief executive: planemaker can be 'much better'

New Boeing chief executive: planemaker can be 'much better'

Boeing Co's new chief executive, David Calhoun, assumed the job on Monday as the U.S. planemaker battles to recover from two fatal crashes of 737 MAX planes that killed 346 people in five months and led to the model's worldwide grounding in March.



6 years ago
Podcast:  Stronger for longer: How top performers thrive through downturns

Podcast: Stronger for longer: How top performers thrive through downturns

McKinsey & Company | Sean Brown and Kevin Laczkowski | Dec 2019 Resilient companies enjoy gains that last long after an economic crisis has passed. We talk with two of our experts about their new research on corporate resilience and what differentiates companies that emerge from economic downturns stronger than they were going in. We'll

6 years ago
'I love sitting' in my Tesla — Cramer praises Elon Musk for making cars an exciting place to be

'I love sitting' in my Tesla — Cramer praises Elon Musk for making cars an exciting place to be

CNBC's Jim Cramer showered praise on the Tesla CEO as shares of the electric auto maker soared above $500 each for the first time.

6 years ago