Latest News on private equities market

U.S. judge partly vacates convictions of opioid maker Insys' founder, execs

U.S. judge partly vacates convictions of opioid maker Insys' founder, execs

A federal judge on Tuesday partially overturned the convictions of Insys Therapeutics Inc's founder and three former executives accused of bribing doctors to prescribe an addictive opioid, but declined to disturb the remainder of the jury's verdict.



6 years ago
Dell cuts full-year revenue forecast on PC chip shortage

Dell cuts full-year revenue forecast on PC chip shortage

Dell Technologies Inc cut its full-year revenue forecast on Tuesday as its PC business grapples with a shortage of chips from Intel Corp , sending its shares down nearly 5% in extended trading.



6 years ago
U.S., Canadian and Mexican representatives to meet on Wednesday: Politico

U.S., Canadian and Mexican representatives to meet on Wednesday: Politico

U.S., Canadian and Mexican representatives are set to meet in Washington on Wednesday to discuss the trade deal to replace the North American Free Trade Agreement, Politico reported on Tuesday, citing people familiar with the plans.



6 years ago
Australia's Westpac cut from home-loan scheme as scandal fallout spreads: The Australian

Australia's Westpac cut from home-loan scheme as scandal fallout spreads: The Australian

Australia's Westpac Banking Corp lost a bid to supply loans to a government home-deposit assistance scheme in a blow to its main income generator as it battles a money-laundering scandal, The Australian newspaper reported on Wednesday.



6 years ago
Blue states file appeal in legal battle over SALT tax deductions

Blue states file appeal in legal battle over SALT tax deductions

New York, New Jersey, Connecticut and Maryland contest the dismissal of their lawsuit over the $10,000 cap on state and local tax deductions.

6 years ago
Dallas Fed president believes ballooning debt could suddenly become a big issue for economy

Dallas Fed president believes ballooning debt could suddenly become a big issue for economy

"If you get two or three BBB-credit downgrades to BB or B, that could lead to a rapid widening in credit spreads," Kaplan warned.

6 years ago
Dollar Tree shares tank 14% after discount retailer cuts forecast, blaming tariffs

Dollar Tree shares tank 14% after discount retailer cuts forecast, blaming tariffs

The discount retailer said tariffs slapped on Chinese goods will hit earnings by 6 cents in the fourth quarter.

6 years ago
NYSE to permit capital raise as part of a company's direct listing

NYSE to permit capital raise as part of a company's direct listing

The New York Stock Exchange (NYSE) said on Tuesday it had filed with the U.S. Securities and Exchange Commission to allow companies going public through a direct listing, instead of a traditional initial public offering, to raise capital.



6 years ago
U.S. new home sales fall in October; September revised higher

U.S. new home sales fall in October; September revised higher

Sales of new U.S. single-family homes unexpectedly fell in October following recent strong gains, but the overall housing market remains supported by lower mortgage rates.



6 years ago
Red Cross boosts disaster-prone communities with blockchain ‘cash’

Red Cross boosts disaster-prone communities with blockchain ‘cash’

Thompson Reuters Foundation | Laurie Goering | Nov 26, 2019 The technology allows slumdwellers and rural villagers with simple mobile phones to effectively create their own local currencies to bootstrap development LONDON, Nov 26 (Thomson Reuters Foundation) - In Kenya's poor rural and slum communities, residents have lots to sell - from home-grown tomatoes to

6 years ago
Abercrombie & Fitch trims forecast as Hollister, international business drag

Abercrombie & Fitch trims forecast as Hollister, international business drag

Teen apparel retailer Abercrombie & Fitch Co trimmed its annual sales growth forecast on Tuesday, blaming political issues from Brexit to the Hong Kong protests for keeping customers away from its stores outside the United States.



6 years ago
Best Buy's profit forecast points to robust holiday shopping demand

Best Buy's profit forecast points to robust holiday shopping demand

Best Buy Co Inc signaled it expected a strong holiday shopping season by forecasting fourth-quarter profit above Wall Street estimates on Tuesday, sending the shares of the biggest U.S. tech retailer up 5% in premarket trading.



6 years ago
VW's Audi to cut one in ten jobs to fund shift to electric vehicles

VW's Audi to cut one in ten jobs to fund shift to electric vehicles

Volkswagen's luxury car unit Audi on Tuesday said it would cut one in ten jobs, freeing up billions of euros to fund its shift toward electric vehicle production.



6 years ago
U.S. sets out procedure for barring threats to telecom networks

U.S. sets out procedure for barring threats to telecom networks

The U.S. Commerce Department on Tuesday set out a procedure to protect U.S. telecommunications networks and their supply chains from national security threats, saying it would consider whether to bar transactions on a case-by-case basis.



6 years ago
It's almost Black Friday — here's a look at the best deals

It's almost Black Friday — here's a look at the best deals

Almost two-thirds of consumers plan their holiday shopping around the upcoming weekend. To that end, here's how to make the most of Black Friday.

6 years ago