Latest News on private equities market

Oil ticks up as rising crude stocks are offset by products demand

Oil prices rose slightly on Friday as concern over an economic slowdown in China, the world's biggest oil consumer, was countered by bullish signals from both the Chinese and U.S. refining sectors.



5 years ago

Nissan on recovery path, incoming CEO Uchida tells employees

Nissan Motor Co's incoming chief executive Makoto Uchida told employees in a video message on its internal website on Friday that his mission is to "restore business performance and regain trust in Nissan," according to a transcript of the message viewed by Reuters.



5 years ago

Shares slip on weak China growth, dollar suffers weekly mauling

World stocks slipped after China posted its weakest growth rate in nearly three decades on Friday, while the dollar was set for its worst week in almost four months having been pummeled by pound and euro Brexit rallies.



5 years ago

AB Volvo warns of demand slump as truck orders plunge

Swedish truckmaker AB Volvo reported a sharp decline in third-quarter orders and forecast a demand slump on both sides of the North Atlantic next year, taking the shine off forecast-beating earnings.



5 years ago

Snakes and ladders: SoftBank Vision Fund's climbing, sliding valuations

The $100 billion Vision Fund of Japan's SoftBank Group Corp has in just over two years burned through much of its capital investing in money-losing, late-stage tech startups in areas as varied as autonomous driving, healthcare and finance.



5 years ago

Holiday Inn-owner IHG hit by weak China, Hong Kong bookings

Holiday Inn-owner InterContinental Hotels Group blamed lower business bookings in China and Hong Kong protests for a 0.8% fall in third-quarter revenue per room on Friday, the latest company to be pinched by weaker global travel.



5 years ago

Exclusive: Lampert helps bankroll Sears as woes persist after bankruptcy - sources

U.S. retailer Sears has borrowed about $150 million from lenders, including its billionaire owner Eddie Lampert, as it racks up losses less than a year after it emerged from bankruptcy protection, people familiar with the matter said.



5 years ago

Bank of America upgrades Chipotle because of falling avocado prices

Bank of America upgraded shares of Chipotle to neutral saying strong sales and a growth in digital ordering will fuel bottom-line growth.

5 years ago

Futures flat as China data gloom overshadows upbeat earnings

U.S. stock index futures were little changed on Friday, as better-than-expected earnings reports were overshadowed by fresh jitters about the global economy after economic data from China revealed growth slowed to its weakest pace in almost 30 years.



5 years ago

American Express quarterly profit rises 6% on higher consumer spending

Credit card issuer American Express Co reported a 6% rise in third-quarter profit on Friday, as more people used cards to shop, pay bills and make big ticket purchases.



5 years ago

Zero-sugar sodas drive Coca-Cola revenue beat

Coca-Cola Co reported better-than-expected quarterly revenue on Friday, boosted by strong demand for its zero-sugar sodas and Coca-Cola Plus Coffee, a blend of its traditional soda and coffee.



5 years ago

Schlumberger profit beats as international gains offset weak North America

Schlumberger NV beat Wall Street estimates for quarterly profit on Friday, as higher drilling activity in international markets boosted demand for its equipment and services and offset weakness in North America.



5 years ago

Tesla's Nuerburgring run revs up debate over speed records

Tesla Inc's attempts to humble Porsche with a new lap record on Germany's legendary Nordschleife racetrack have reignited a controversy about the value of lap times, as the circuit steps in to quash claims of cheating.



5 years ago

Renault shares slump as profit warning deepens carmaker's problems

A profit warning sent Renault's shares as much as 15% lower on Friday, capping a turbulent year for the French carmaker since the arrest of long-time boss Carlos Ghosn and adding to signs of a sharp global auto industry slowdown.



5 years ago

Nissan on gradual recovery path, incoming CEO Uchida tells staff

Nissan Motor Co's incoming chief executive Makoto Uchida told employees on Friday that his mission is to "restore business performance and regain trust in Nissan".



5 years ago