Latest News on private equities market

S&P 500 earnings swoon seen extending to fourth quarter

S&P 500 earnings swoon seen extending to fourth quarter

Earnings of companies in the benchmark S&P 500 index are expected to decline in the fourth quarter from the year-earlier period, which would mark a second straight quarterly profit drop, according to IBES data from Refinitiv.



6 years ago
Uber drives up prices for shared rides, Chicago data reveals

Uber drives up prices for shared rides, Chicago data reveals

How much ride-hailing companies Uber and Lyft charge customers throughout a day is one of the most closely held secrets in Silicon Valley.



6 years ago
U.S.-China trade deal close, Trump says; negotiations continue

U.S.-China trade deal close, Trump says; negotiations continue

The United States and China are close to agreement on the first phase of a trade deal, U.S. President Donald Trump said on Tuesday, after top negotiators from the two countries spoke by telephone and agreed to keep working on remaining issues.



6 years ago
Activist investor seeks to oust Trump friend Barrack from CEO job at Colony Capital

Activist investor seeks to oust Trump friend Barrack from CEO job at Colony Capital

Activist investor Blackwells is pushing to remove Tom Barrack, a billionaire friend of President Donald Trump, as CEO of Colony Capital, saying his mismanagement of the real estate and investment firm has cost shareholders billions of dollars in lost gains.



6 years ago
Audi to cut 9,500 jobs by 2025: source

Audi to cut 9,500 jobs by 2025: source

Volkswagen's luxury car unit Audi is planning to cut 9,500 jobs by 2025, a person close to the matter said.



6 years ago
Best Buy forecasts strong holiday-quarter profit; shares jump 5%

Best Buy forecasts strong holiday-quarter profit; shares jump 5%

Best Buy Co Inc forecast fourth-quarter profit above Wall Street estimates on Tuesday, pointing to hopes of strong demand in the crucial holiday shopping season and sending the shares of the biggest U.S. tech retailer up nearly 5%.



6 years ago
Stock futures flat with focus on progress in trade talks

Stock futures flat with focus on progress in trade talks

U.S. stock index futures treaded water on Tuesday, a day after Wall Street closed at record highs, as investors waited for the latest on the trade talks between the United States and China.



6 years ago
Audi strikes deal with workers to slash 9,500 jobs

Audi strikes deal with workers to slash 9,500 jobs

Audi on Tuesday announced a major restructuring scheme, slashing around 9,500 jobs until 2025 in an effort to adopt production to the e-mobility era and achieve billion-euro cost savings.



6 years ago
S&P 500 earnings swoon now seen extending to fourth quarter

S&P 500 earnings swoon now seen extending to fourth quarter

Companies in the S&P 500 index are expected to earn less in the fourth quarter than the year-earlier period, which would mark a second straight quarterly profit decline, according to IBES data from Refinitiv.



6 years ago
Aramco IPO retail subscription at $7.21 billion: lead manager

Aramco IPO retail subscription at $7.21 billion: lead manager

Retail subscription for Saudi Aramco's initial public offering (IPO) reached 27.04 billion Saudi riyals ($7.21 billion) on Tuesday, lead manager Samba Capital said.



6 years ago
Dollar Tree quarterly sales beat expectations

Dollar Tree quarterly sales beat expectations

Discount store operator Dollar Tree Inc reported better-than-expected quarterly sales on Tuesday, as revamped stores and new products drew more shoppers to its namesake and the Family Dollar chain.



6 years ago
Cowen upgrades Chipotle and names it a 'best idea' for 2020 because of digital sales

Cowen upgrades Chipotle and names it a 'best idea' for 2020 because of digital sales

Cowen upgraded shares of Chipotle to outperform from market perform and hiked its price target to $970 per share from $800 per share.

6 years ago
NYSE proposes allowing companies to raise fresh capital in direct listings

NYSE proposes allowing companies to raise fresh capital in direct listings

The New York Stock Exchange proposed a rule change on Tuesday that would potentially get more companies to follow the path taken by Spotify and Slack.

6 years ago
Dollar Tree forecast misses as tariffs bite; shares slump 17%

Dollar Tree forecast misses as tariffs bite; shares slump 17%

Dollar Tree Inc forecast holiday-quarter profit below Wall Street estimates on Tuesday, as the discount retailer fell short in its efforts to counter the impact of the latest U.S. tariffs on Chinese imports, sending its shares down about 17%.



6 years ago
Uber's carpool pricing strategy revealed by Chicago fare data

Uber's carpool pricing strategy revealed by Chicago fare data

How much ride-hailing companies Uber and Lyft charge customers throughout a day is one of the most closely held secrets in Silicon Valley.



6 years ago