Latest News on private equities market

General Motors pulls out of Russian car assembly business with Avtovaz deal

General Motors pulls out of Russian car assembly business with Avtovaz deal

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, effectively ending GM's presence in car assembling in the country.



6 years ago
Goldman Sachs really likes this wing restaurant

Goldman Sachs really likes this wing restaurant

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

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

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.

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

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.

6 years ago
Oil slips as weak China exports highlight trade war impact

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.



6 years ago
Nokia halts legal action against Daimler with mediation offer

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.



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

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."

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

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.



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

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.



6 years ago
Global AI Survey: AI proves its worth, but few scale impact

Global AI Survey: AI proves its worth, but few scale impact

McKinsey & Company | Nov 2019 Most companies report measurable benefits from AI where it has been deployed; however, much work remains to scale impact, manage risks, and retrain the workforce. A group of high performers shows the way. Adoption of artificial intelligence (AI) continues to increase, and the technology is generating returns. 1 The

6 years ago
France's Sanofi to buy Synthorx for $2.5 billion

France's Sanofi to buy Synthorx for $2.5 billion

France's Sanofi said on Monday it had agreed to buy Synthorx in a cash deal worth around $2.5 billion as it seeks to beef up its immuno-oncology pipeline.



6 years ago
JP Morgan downgraded by KBW: 'Estimates cannot support current valuation'

JP Morgan downgraded by KBW: 'Estimates cannot support current valuation'

J.P. Morgan stock is up more than 37 percent this year, but analysts at Keefe Bruyette & Woods don't expect a repeat in 2020.

6 years ago
Jobs of the future are clustering in a handful of U.S. cities, study finds

Jobs of the future are clustering in a handful of U.S. cities, study finds

A new analysis of where "innovation" jobs are being created in the United States paints a stark portrait of a divided economy where the industries seen as key to future growth cluster in a narrowing set of places.



6 years ago
Asian shares buoyed by Wall Street rally, but China worry caps gains

Asian shares buoyed by Wall Street rally, but China worry caps gains

Asian stocks edged up on Monday, catching some of Wall Street's momentum after surprisingly strong U.S. jobs data although regional gains were capped by concerns about China's economic slowdown due to the prolonged Sino-U.S. trade war.



6 years ago
Asian shares buoyed by strong U.S. job data, China worry caps gains

Asian shares buoyed by strong U.S. job data, China worry caps gains

Asian stocks edged up on Monday, catching some of Wall Street's momentum after surprisingly strong U.S. jobs data, although regional gains were capped by concerns about China's economic slowdown due to the prolonged Sino-U.S. trade war.



6 years ago