Latest News on private equities market

Hewlett Packard Enterprise revenue misses estimates, shares fall

Hewlett Packard Enterprise revenue misses estimates, shares fall

Hewlett Packard Enterprise Co missed Wall Street estimates for quarterly revenue on Monday, hit by lower demand for its servers and storage products, sending its shares down about 4% in trading after the bell.



6 years ago
CBS ordered to disclose internal records on Viacom deal

CBS ordered to disclose internal records on Viacom deal

A Delaware judge on Monday ordered broadcaster CBS Corp to turn over records regarding its plan to reunite with Viacom Inc to a shareholder who wants to investigate if the deal unfairly benefits Shari Redstone, who controls both companies.



6 years ago
Australia's Westpac loses top two executives in money-laundering scandal

Australia's Westpac loses top two executives in money-laundering scandal

Australia's Westpac Banking Corp said on Tuesday its CEO will step down and its chairman will bring forward his retirement as a money-laundering scandal rocks the country's second-largest retail bank.



6 years ago
U.S. securities regulator proposes new rules on use of derivatives in exchange traded funds

U.S. securities regulator proposes new rules on use of derivatives in exchange traded funds

The U.S. securities regulator on Monday proposed new regulations for the use of derivatives by investment funds to introduce some safeguards for more risky products and increase competition.



6 years ago
Pelosi says U.S.-Mexico-Canada trade deal is 'within range'

Pelosi says U.S.-Mexico-Canada trade deal is 'within range'

U.S. House of Representatives Speaker Nancy Pelosi said on Monday that a version of the U.S.-Mexico-Canada trade agreement that House Democrats could back was "within range" but that they needed to conduct a final review.



6 years ago
Texas, Nevada drop out of state AG group suing to block Sprint, T-Mobile merger

Texas, Nevada drop out of state AG group suing to block Sprint, T-Mobile merger

Texas' attorney general settled with T-Mobile Inc and Sprint Corp and will drop his opposition to the $26.5 billion merger, leaving just Democratic attorneys general fighting the proposed combination.



6 years ago
AIG to sell stake in Fortitude Re for $1.8 billion

AIG to sell stake in Fortitude Re for $1.8 billion

U.S. insurer American International Group Inc said on Monday it would sell a 76.6% stake in reinsurance company Fortitude Re to buyout fund Carlyle Group and Japan's T&D Holdings for about $1.8 billion.



6 years ago
Westpac CEO folds as money-laundering scandal weighs

Westpac CEO folds as money-laundering scandal weighs

Westpac Banking Corp said on Tuesday Chief Executive Brian Hartzer will step down and Chairman Lindsay Maxsted will bring forward his retirement, as the country's biggest money-laundering scandal rocks Australia's No.2 retail bank.



6 years ago
Exclusive: Impossible Foods eyes doubling valuation with new funding

Exclusive: Impossible Foods eyes doubling valuation with new funding

Impossible Foods Inc, maker of the plant-based Impossible Burger, is in talks with investors about a new round of fundraising that could more than double the $2 billion valuation it attained in May, according to people familiar with the matter.



6 years ago
Aramco IPO retail subscription at $5.8 billion, says lead manager

Aramco IPO retail subscription at $5.8 billion, says lead manager

Retail subscription for Saudi Aramco's initial public offering (IPO) reached 21.77 billion Saudi riyals ($5.8 billion) on Monday, lead manager Samba Capital said.



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

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

Oil prices were little changed 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 trade war.



6 years ago
McDonald's to pay $26 million to settle California wage lawsuit

McDonald's to pay $26 million to settle California wage lawsuit

McDonald's Corp agreed to pay $26 million to settle a nearly seven-year-old lawsuit accusing the fast food chain of underpaying U.S. staff at its corporate-owned restaurants in California.



6 years ago
World share markets rally on revived trade hopes; gold slips

World share markets rally on revived trade hopes; gold slips

Gold fell for a fourth straight session and global equity markets rallied on Monday, with the Nasdaq and S&P 500 hitting new highs on revived hopes the United States and China could soon sign an interim deal to end their prolonged trade war.



6 years ago
China and U.S. moving closer to trade deal, but no agreement on tariff rollbacks: report

China and U.S. moving closer to trade deal, but no agreement on tariff rollbacks: report

China and the United States are "moving closer to agreeing" on a "phase one" trade deal, the Global Times, a tabloid run by the ruling Communist Party's official People's Daily, reported on Sunday.



6 years ago
Brazil minister says it's 'impossible' to put value on Eletrobras privatization

Brazil minister says it's 'impossible' to put value on Eletrobras privatization

Brazil's mines and energy minister said on Monday it is "impossible" to say how much the privatization of state-run power company Eletrobras SA will raise, despite an earlier government estimate of 16.2 billion reais ($3.84 billion).



6 years ago