Latest News on private equities market

Eight electric pickup truck manufacturers to load up U.S. market by 2021

Eight electric pickup truck manufacturers to load up U.S. market by 2021

Tesla CEO Elon Musk and his spacy Cybertruck have ignited a frenzy over electric pickups, and at least seven other U.S. automakers expect to build new battery-powered trucks by 2021.



6 years ago
EBay to sell ticketing unit StubHub for $4.05 billion

EBay to sell ticketing unit StubHub for $4.05 billion

EBay Inc will sell its ticketing unit, StubHub, in an all-cash $4.05 billion deal to ticket reseller Viagogo Ltd, the companies said on Monday, nearly a year after the ecommerce major came under pressure from activist investors to hive off some of its businesses.



6 years ago
Here's what advisors can anticipate amid the $26 billion Charles Schwab-TD Ameritrade tie-up

Here's what advisors can anticipate amid the $26 billion Charles Schwab-TD Ameritrade tie-up

TD Ameritrade has historically catered to small registered investment advisory firms, so Schwab's acquisition of TD has some advisors spooked.

6 years ago
Here's the tax bill on the $226 million Mega Millions jackpot

Here's the tax bill on the $226 million Mega Millions jackpot

Before the winner would even get a penny, $37 million would be withheld for federal taxes. Much more would likely be due at tax time.

6 years ago
Small caps break out to new high for the year in positive sign for the whole stock market

Small caps break out to new high for the year in positive sign for the whole stock market

The small cap Russell 2000 jumped to a 52-week high Monday, signaling it may be set for a breakout that could help lift the entire market.

6 years ago
Morgan Stanley says forecasting just the next two months, let alone 2020, is hard right now

Morgan Stanley says forecasting just the next two months, let alone 2020, is hard right now

Wall Street strategists are releasing their 2020 predictions, but with so many unknowns in the market forecasting for even just the next few months is difficult.

6 years ago
Factbox: M&As in vogue for luxury retailers seeking growth

Factbox: M&As in vogue for luxury retailers seeking growth

Louis Vuitton owner LVMH snapped up U.S. jeweler Tiffany & Co on Monday for $16.2 billion in its largest buyout ever, adding America's biggest luxury name to its stable of brands.



6 years ago
Texas settles with T-Mobile, Sprint over merger: statement

Texas settles with T-Mobile, Sprint over merger: statement

Texas' attorney general has settled with T-Mobile Inc and Sprint Corp and will drop its opposition to a merger of the third and fourth largest U.S. wireless carriers.



6 years ago
SoftBank-backed Paytm raises $1 billion in fresh funding

SoftBank-backed Paytm raises $1 billion in fresh funding

Indian digital payments company Paytm said on Monday it has raised fresh funds from a group of investors including existing backers SoftBank's Vision Fund and China's Ant Financial Services in a deal valuing the firm at $16 billion.



6 years ago
Oil gains on U.S.-China trade talks optimism

Oil gains on U.S.-China trade talks optimism

Oil prices rose on Monday as positive comments from the United States and China rekindled hopes in global markets that the world's two largest economies could soon sign an interim deal to end their bitter trade war.



6 years ago
China's electric vehicle market to see sales rebound next year, executives say

China's electric vehicle market to see sales rebound next year, executives say

China's new energy vehicle (NEV) market is likely to see a sales rebound next year as automakers roll out more new products to lure buyers, but more supportive government policies are needed, auto executives said.



6 years ago
Just Eat advises shareholders not to accept Prosus offer

Just Eat advises shareholders not to accept Prosus offer

Britain's Just Eat advised shareholders not to accept a 710 pence-a-share cash offer from Prosus , saying it was inferior to its agreed deal with Takeaway.com to create the largest food delivery player outside China.



6 years ago
LVMH agrees $16.2 billion deal for jeweler Tiffany

LVMH agrees $16.2 billion deal for jeweler Tiffany

LVMH has agreed a $16.2 billion deal to buy U.S. jeweler Tiffany, Louis Vuitton's parent firm confirmed on Monday, in the luxury good maker's biggest purchase to date.



6 years ago
China says it hopes U.S. will work on basis of equality in trade talks

China says it hopes U.S. will work on basis of equality in trade talks

China's foreign ministry said on Monday it hopes the United States will work with Beijing on a basis of equality and mutual respect on the ongoing bilateral trade negotiations.



6 years ago
'China is the enemy' on trade, not Trump — Cramer blasts media over love of Chinese leader Xi

'China is the enemy' on trade, not Trump — Cramer blasts media over love of Chinese leader Xi

CNBC's Jim Cramer says the mainstream media wrongly thinks that "'Xi is a great Chinese man with great Democratic leanings; member of the WTO. And we have a madman as president.'"

6 years ago