Latest News on private equities market

2020 could be the year that sports gambling takes off, to the benefit of these stocks

2020 could be the year that sports gambling takes off, to the benefit of these stocks

States are increasingly pushing for the legalization of sports betting and it could present stock investors with an opportunity in 2020.

6 years ago
Nord Stream 2 to press on with Europe gas pipe, despite U.S. sanctions

Nord Stream 2 to press on with Europe gas pipe, despite U.S. sanctions

The group behind Nord Stream 2 said on Saturday it aimed to complete a pipeline to boost Russian gas supplies to Europe as soon as possible, after a major contractor suspended pipe-laying activities due to U.S. sanctions.



6 years ago
PG&E creditors offer California wildfire victims $13.5 billion in cash upfront

PG&E creditors offer California wildfire victims $13.5 billion in cash upfront

PG&E Corp's creditors have sweetened their offer to California wildfire victims, saying they are now prepared to pay $13.5 billion in cash upfront, according to a letter sent on Friday to state governor Gavin Newsom.



6 years ago
Lone Star to buy BASF construction chemicals unit for $3.51 billion

Lone Star to buy BASF construction chemicals unit for $3.51 billion

Private equity firm Lone Star has entered a deal to buy BASF's construction chemicals business for 3.17 billion euros ($3.5 billion) on a cash and debt-free basis, the German chemicals company said on Saturday as it seeks to focus on more profitable operations.



6 years ago
Britain gives Advent's $5 billion Cobham takeover the green light

Britain gives Advent's $5 billion Cobham takeover the green light

Britain has approved Advent International's $5 billion purchase of defense company Cobham after the U.S. private equity group made commitments to address national security concerns.



6 years ago
Wall Street Week Ahead: History suggests rally may slow for U.S. stocks in 2020

Wall Street Week Ahead: History suggests rally may slow for U.S. stocks in 2020

The outsized rally in the U.S. stock market this year may give way to a more muted performance in 2020 if history is any guide.



6 years ago
Russia must press on with Nord Stream 2 gas line to Europe: Russian senator

Russia must press on with Nord Stream 2 gas line to Europe: Russian senator

Russia must keep to schedule on implementing the Nord Stream 2 gas pipeline link to Europe, a senior Russian senator told state news agency RIA on Saturday, after pipe-laying was suspended due to U.S. sanctions.



6 years ago
U.S. accuses FleetCor of charging hundreds of millions of dollars in hidden fees

U.S. accuses FleetCor of charging hundreds of millions of dollars in hidden fees

U.S. fuel card company FleetCor Technologies Inc charged customers hundreds of millions of dollars in hidden fees after promising to help them spend less on fuel, the Federal Trade Commission said on Friday.



6 years ago
U.S. Steel delivers unwelcome Christmas surprise to Michigan town

U.S. Steel delivers unwelcome Christmas surprise to Michigan town

The mayor of a Michigan steel town was attending his grandchildren's Christmas play Thursday evening when he got an unwelcome voicemail from an official of the town's top employer: United States Steel Corp.



6 years ago
Testimony ends in T-Mobile-Sprint merger trial in New York

Testimony ends in T-Mobile-Sprint merger trial in New York

Testimony ended on Friday in a lawsuit by a group of states led by New York and California seeking to block the merger of Sprint Corp and T-Mobile US Inc , moving the trial a step closer to having a U.S. judge rule on whether the deal violates federal antitrust laws.



6 years ago
Oil prices down but log third weekly rise on trade hopes

Oil prices down but log third weekly rise on trade hopes

Oil prices fell on Friday, but both benchmarks logged a third straight weekly gain amid the easing of U.S.-Chinese trade tensions, which has boosted business confidence and the outlook for global economic growth.



6 years ago
Exclusive: U.S. agency in talks with GM to deploy some cars without steering wheels

Exclusive: U.S. agency in talks with GM to deploy some cars without steering wheels

The National Highway Traffic Safety Administration's (NHTSA) acting chief said on Friday the agency is in talks with General Motors Co on its January 2018 petition to deploy a limited number of self-driving vehicles on U.S. roads without steering wheels or other human controls.



6 years ago
S&P 500 posts biggest weekly percent gain since September amid data, trade optimism

S&P 500 posts biggest weekly percent gain since September amid data, trade optimism

U.S. stocks hit record closing highs again on Friday and the S&P 500 registered its biggest weekly percentage gain since early September after data showed a rise in consumer spending and investors continued to be optimistic about developments in the U.S.-China trade dispute.



6 years ago
S&P 500 hits high following trade progress, upbeat data

S&P 500 hits high following trade progress, upbeat data

The S&P 500 hit a record high for a seventh straight session on Friday, as continued optimism on resolving the U.S.-China trade war and strength in domestic consumer spending lifted sentiment.



6 years ago
How to save on holiday gifts and help the planet at the same time

How to save on holiday gifts and help the planet at the same time

The logical next step for people who recycle, shun single-use plastics and bring their own grocery bags is buying refurbished electronics and clothes on the secondary market.

6 years ago