Latest News on private equities market

Lagging regulation, consumer trust inhibiting FinTech adoption in Canada

Lagging regulation, consumer trust inhibiting FinTech adoption in Canada

Betakit | Isabelle Kirkwood | Nov 18, 2019 Canada’s FinTech sector has seen steady growth in recent years, and there seems to be more on the horizon with increased collaboration between startups and incumbents, as well as the skyrocketing demand for emerging technologies. The latest findings from a Ernst and Young (EY) report suggest FinTech

6 years ago
Volkswagen cuts profit, sales forecasts as autos downturn bites

Volkswagen cuts profit, sales forecasts as autos downturn bites

German carmaker Volkswagen cut its forecasts for operating profit and sales growth on Monday due to a downturn in demand for passenger cars, while keeping profit margin targets.



6 years ago
Alibaba to close books early in $13.4 billion Hong Kong listing after strong demand: sources

Alibaba to close books early in $13.4 billion Hong Kong listing after strong demand: sources

Alibaba will stop taking orders from prospective institutional investors for its $13.4 billion secondary listing in Hong Kong earlier than expected after attracting strong demand, two people with direct knowledge of the matter said.



6 years ago
Coty takes $600 million bet on reality star Kylie Jenner's beauty brands

Coty takes $600 million bet on reality star Kylie Jenner's beauty brands

Coty Inc said on Monday it would pay $600 million for a majority stake in Kylie Jenner's make-up and skincare businesses, as it looks to tap into the reality TV star's huge social media reach, sending its shares up as much as 5%.



6 years ago
ESG ratings are confounding. For CSOs, that’s good news

ESG ratings are confounding. For CSOs, that’s good news

Green Biz | Joel Makower | Nov 18, 2019 "Smart beta." It’s a term of art on Wall Street, a blend of active and passive investing strategies that typically combine an underlying stock index with an investment manager’s savvy about a potential stock’s liquidity, volatility, momentum and other factors. The strategy is said to provide

6 years ago
Shares inch towards record high as China trims key rate

Shares inch towards record high as China trims key rate

World shares were within touching distance of a record high on Monday, after Beijing surprised markets by trimming a key interest rate for the first time since 2015.



6 years ago
T-Mobile CEO Legere to step down next year, shares slip

T-Mobile CEO Legere to step down next year, shares slip

T-Mobile US Inc said on Monday Chief Executive Officer John Legere will step down on April 30 in favor of Chief Operating Officer Mike Sievert but not before completing its merger with U.S. rival Sprint Corp .



6 years ago
Coty bets $600 million on Kylie Jenner beauty brands

Coty bets $600 million on Kylie Jenner beauty brands

Coty Inc said on Monday it would pay $600 million for a majority stake in Kylie Jenner's make-up and skincare businesses, as it looks to tap into the reality TV star's huge social media reach, driving shares in the company up 5%.



6 years ago
Alibaba's books close early in $13.4 billion Hong Kong listing: sources

Alibaba's books close early in $13.4 billion Hong Kong listing: sources

Alibaba will close its order books early to prospective institutional investors as part of its $13.4 billion secondary listing in Hong Kong, according to two people with direct knowledge of the matter.



6 years ago
Wall St. eases from record levels at open after report dents trade optimism

Wall St. eases from record levels at open after report dents trade optimism

Wall Street's main stock indexes eased from record highs at the open on Monday after a report stoked concerns that a U.S.-China trade deal might not get through.



6 years ago
Global trade umpire: the next casualty of Trump's tariff war?

Global trade umpire: the next casualty of Trump's tariff war?

U.S. President Donald Trump has upended the global trade order with a slew of tariffs on economic rivals: now, Washington has redoubled its efforts to paralyze the very body designed to settle such disputes.



6 years ago
Client best interest rule raises standards but 'muddies the water' on advisor, broker differences

Client best interest rule raises standards but 'muddies the water' on advisor, broker differences

New rules passed by the SEC in September may have raised the standard of care required of brokers making investment recommendations to their clients, but it didn't clear up the confusion about the differences between advisors and brokers.

6 years ago
JP Morgan has a bargain stock pick to play the holiday shopping season and a completed trade deal

JP Morgan has a bargain stock pick to play the holiday shopping season and a completed trade deal

The firm says Five Below is slated for a strong holiday quarter and the trade war has caused the stock to become cheap.

6 years ago
Futures gain as China fuels trade deal optimism

Futures gain as China fuels trade deal optimism

U.S. stock index futures pointed to another session of gains on Monday, as a report out of China added to optimism over a trade deal and the country's central bank indicated willingness to step in to prop up a slowing economy.



6 years ago
Banks and funds lower red flags on supercharged stocks

Banks and funds lower red flags on supercharged stocks

A raft of major banks and fund managers have upgraded their view on global equities, with emerging-market stocks their top pick to benefit from signs of easing in the Sino-U.S. trade dispute.



6 years ago