Latest News on private equities market

Tiffany misses quarterly same-store sales estimates

Tiffany & Co , which is being bought by Louis Vuitton owner LVMH , fell short of Wall Street estimates for quarterly sales on Thursday as the luxury jeweler was hurt by weak demand from foreign tourists and business disruptions in Hong Kong.



5 years ago

Musk defamation trial may head to jury after billionaire and diver spar in court

Elon Musk's defamation trial could be in the hands of jury by the end of Thursday after the billionaire and the diver who is suing him sparred over the meaning and impact of a "pedo guy" tweet at the heart of the case.



5 years ago

Western, Chinese consumers divided on electric, self-driving cars: survey

Automakers, ride-hailing and technology companies plowing money into the development of electric, self-driving and shared car services will find more enthusiastic consumers in China than in Europe and the United States, a survey on Thursday showed.



5 years ago

Futures rise on increased hopes of trade deal with China

U.S. stock index futures rose on Thursday, setting Wall Street for a second session of gains this week, on increased hopes of a preliminary trade deal between the United States and China.



5 years ago

Tiffany misses estimates for profit on weak demand in Americas, Hong Kong

Luxury jeweler Tiffany & Co , which is being bought by Louis Vuitton owner LVMH , missed Wall Street expectations for quarterly profit and sales on Thursday as weak demand at home and in Hong Kong offset growth elsewhere in China.



5 years ago

Goldman upgrades Nike to buy: 'On the cusp of a sharp acceleration'

Goldman also added the stock to the firm's conviction buy list.

5 years ago

BP increases stake in solar energy firm Lightsource BP

BP is increasing its stake in solar energy developer Lightsource BP to 50% from 43% and is aiming for rapid growth over the next few years, the two companies said on Thursday.



5 years ago

United Airlines picks Scott Kirby to replace Oscar Munoz as CEO

United Airlines UAL.O on Thursday named insider Scott Kirby as its chief executive officer to succeed Oscar Munoz, who will take the role of executive chairman in May 2020.



5 years ago

Shares of biotech Aurinia more than double in one day after positive data for Lupus drug

The Victoria, Canada-based company rallied after its trial for drug voclosporin posted positive efficacy and safety results.

5 years ago

The top 10 college majors American students regret the most

The top 10 most regretted majors span the arts and sciences — English, communications, biological sciences and law all made the list, according to a recent ZipRecruiter survey.

5 years ago

Citi raises Apple price target on strong holiday demand for wearables like AirPods, Apple Watch

Citi raised its price target on Apple's stock to $300 from $250 as the firm sees high demand this Christmas for AirPods and the Apple Watch.

5 years ago

Facebook and Alphabet upgraded by Stifel on advertising optimism

"We expect online advertising to eclipse 60% of U.S. ad spend in the next 5 years," said Stifel.

5 years ago

Here's where employers stand on 2019 bonuses

About 2 in 3 employers expect to give holiday bonuses or perks this year, according to a survey. Here's what to do.

5 years ago

Dollar General lifts profit forecast, tops third-quarter expectations on sales

Discount store operator Dollar General Corp raised its full-year profit forecast on Thursday after reporting its best quarterly same-store sales rise in nearly five years, benefiting from a wider selection of products and revamped stores.



5 years ago

Saudi Aramco prices shares at top of range in world's biggest IPO: sources

DUBAI/RIYADH Reuters) - State-owned oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its indicative range, three sources told Reuters, raising $25.6 billion and overtaking China's Alibaba to achieve the world's biggest stock market flotation.



5 years ago