Latest News on private equities market

There's still time to make changes to your Medicare plan. Here's why that matters

There's still time to make changes to your Medicare plan. Here's why that matters

Even if you've been happy with your coverage in 2019, there's no guarantee that it remains the best option for you next year.

6 years ago
Fiat Chrysler brushes off GM lawsuit, sees Peugeot deal by year end

Fiat Chrysler brushes off GM lawsuit, sees Peugeot deal by year end

Fiat Chrysler (FCA) on Thursday brushed off a shock lawsuit from General Motors (GM) and said it was confident of reaching a binding merger deal with Peugeot owner PSA Group by the end of this year to create the world's fourth largest carmaker.



6 years ago
Global stocks slip, dollar rebounds on rekindled trade hopes

Global stocks slip, dollar rebounds on rekindled trade hopes

The dollar rebounded and global equity markets pared losses on Thursday as efforts by China to smooth the path forward in U.S.-Sino trade talks helped sooth investor sentiment, though fears remained that a phase one deal might not occur until next year.



6 years ago
Macy's cuts profit outlook as tourist numbers drop

Macy's cuts profit outlook as tourist numbers drop

Macy's Inc cut its annual profit forecast for the second time this year on Thursday, as the department store operator blamed weak international tourism, warm weather and sluggish mall traffic for the first drop in same-store sales in two years.



6 years ago
Australia's Westpac faces Goldman cut as money-laundering scandal rocks bank

Australia's Westpac faces Goldman cut as money-laundering scandal rocks bank

Goldman Sachs cut its target price for Westpac Banking Corp as Australia's second-biggest bank faces the country's biggest money laundering scandal.



6 years ago
Asian shares up from three-week lows, but trade uncertainty nags

Asian shares up from three-week lows, but trade uncertainty nags

Asian equities rose on Friday, bouncing from a three-week low touched a day earlier, but gains were capped by persistent worries over the status of trade negotiations between China and the United States.



6 years ago
Goldman flags risks for Australia's Westpac bank amid money-laundering scandal

Goldman flags risks for Australia's Westpac bank amid money-laundering scandal

Goldman Sachs cut its target price for Westpac Banking Corp on Friday as Australia's second-biggest bank stands accused of massive breaches of anti-money laundering laws and faces billions of dollars in fines.



6 years ago
Gap's quarterly profit beats; says working on plan to split Old Navy

Gap's quarterly profit beats; says working on plan to split Old Navy

Gap Inc edged past lowered expectations for quarterly profit on Thursday and reiterated its plan to separate Old Navy from the namesake brand, days after the retailer cut its annual forecast and replaced longtime chief executive officer.



6 years ago
Australia's Westpac hit by Goldman downgrade over money-laundering scandal

Australia's Westpac hit by Goldman downgrade over money-laundering scandal

Goldman Sachs became the first major investment bank to cut its target price for Westpac Banking Corp on Friday as Australia's No.2 lender faces allegations of massive breaches of anti-money laundering laws and billions of dollars in fines.



6 years ago
Australian fund cuts Westpac bond exposure on money laundering allegations

Australian fund cuts Westpac bond exposure on money laundering allegations

An Australian bond fund has started to divest Westpac bonds following allegations by the country's financial crime regulator of money laundering compliance breaches, some of which related to financing child exploitation.



6 years ago
Panasonic has no plans for new Tesla battery plant in China: CEO

Panasonic has no plans for new Tesla battery plant in China: CEO

Panasonic Corp has no plans to build a new battery plant for Tesla Inc in China, the Japanese company's chief executive said, as it struggles to make profits from its existing battery business with the electric vehicle maker.



6 years ago
Asian shares recover from 3-week lows but trade deal worries limit gains

Asian shares recover from 3-week lows but trade deal worries limit gains

Asian equities posted a mild bounce on Friday from three-week lows hit the previous day, with persistent worries over the status of trade negotiations between China and the United States limiting the gains.



6 years ago
SocGen's heads of Asia trade finance depart after bunker fuel losses

SocGen's heads of Asia trade finance depart after bunker fuel losses

Societe Generale's regional heads of trade and commodities finance for Asia Pacific have left the Paris-based bank, raising concerns among Singapore-based shipping fuel traders that it may wind back financing services to the sector.



6 years ago
Tesla unveils first-ever electric pickup truck

Tesla unveils first-ever electric pickup truck

Tesla Inc on Thursday unveiled its first pickup truck, delivering on a promise by Chief Executive Elon Musk to build an electric version of America's favorite vehicle and one that threatens the heart of Detroit automakers' profits.



6 years ago
Charles Schwab in advanced talks to buy TD Ameritrade: source

Charles Schwab in advanced talks to buy TD Ameritrade: source

Charles Schwab Corp is in advanced talks to acquire TD Ameritrade Holding Corp , a person familiar with the matter said on Thursday, in a deal that could exceed $26 billion and combine the two largest U.S. discount brokerages.



6 years ago