Latest News on private equities market

China seen as the next big growth area for biotechs Biogen and Amgen

China seen as the next big growth area for biotechs Biogen and Amgen

SunTrust initiated coverage on Biogen and Amgen on Tuesday, saying solid drug pipelines and growth opportunities in China will drive outperformance.

6 years ago
Tyson revenue, profit, miss as slaughterhouse fire hits beef business

Tyson revenue, profit, miss as slaughterhouse fire hits beef business

Tyson Foods Inc fell short of Wall Street estimates for quarterly sales and profit on Tuesday as a fire at one of its slaughterhouses hit volumes in its beef business, the company's biggest segment.



6 years ago
German prosecutors indict current and former Volkswagen managers

German prosecutors indict current and former Volkswagen managers

German prosecutors on Tuesday filed charges against a current Volkswagen manager as well as a former manager and two former board members, accusing them of a breach of fiduciary trust in connection with salary awards to works council members.



6 years ago
Homebuilder Horton sees 2020 home sales above estimates, shares rise

Homebuilder Horton sees 2020 home sales above estimates, shares rise

D.R. Horton Inc topped expectations for profit and revenue in the fourth quarter and forecast 2020 home sales above analysts' estimates, as cheaper mortgage rates buoyed demand from buyers, sending shares in the biggest U.S. homebuilder up 3%.



6 years ago
Osram backs AMS takeover as auto downturn triggers 2019 loss

Osram backs AMS takeover as auto downturn triggers 2019 loss

Osram urged shareholders to back a $5 billion takeover bid from Austria's AMS and said it would cut costs and not pay a dividend as it posted a loss for the fiscal year ending in September, hit by a downturn in the auto industry.



6 years ago
Wall Street analysts think Netflix can weather the Disney+ launch

Wall Street analysts think Netflix can weather the Disney+ launch

Disney is widely considered to be Netflix' biggest new competitor with the launch of Disney+.

6 years ago
Nissan reports 70% second quarter profit slump, slashes full-year outlook

Nissan reports 70% second quarter profit slump, slashes full-year outlook

Nissan Motor Co Ltd reported a 70% profit tumble on Tuesday and cut its full-year outlook to an 11-year low, as the Japanese automaker continued to grapple with falling sales and the aftermath of the ouster of former Chairman Carlos Ghosn.



6 years ago
Giant Aramco listing a critical test for young Saudi exchange

Giant Aramco listing a critical test for young Saudi exchange

The imminent listing of oil giant Aramco will be a pivotal moment for Saudi Arabia's young and untested Tadawul stock exchange.



6 years ago
Huawei to give staff $286 million bonus for helping it ride out U.S. curbs

Huawei to give staff $286 million bonus for helping it ride out U.S. curbs

Chinese telecoms giant Huawei Technologies said on Tuesday it will hand out 2 billion yuan ($286 million) in cash rewards to staff working to help it weather a U.S. trade blacklisting.



6 years ago
Nissan reports 70% quarterly profit drop, slashes full-year outlook

Nissan reports 70% quarterly profit drop, slashes full-year outlook

Nissan Motor Co Ltd reported a 70% profit drop on Tuesday and cut its full-year outlook to an 11-year low, as the Japanese automaker was hit by falling sales that highlight its ongoing turmoil after the ouster of former head Carlos Ghosn.



6 years ago
Trump bashes Europe for 'terrible' trade barriers

Trump bashes Europe for 'terrible' trade barriers

U.S. President Donald Trump on Tuesday renewed his criticism of European Union's trade policies, saying it has "terrible" barriers that are unfair to U.S. producers.



6 years ago
Stock futures fall as Trump, Hong Kong weaken mood

Stock futures fall as Trump, Hong Kong weaken mood

U.S. stock index futures fell on Monday as President Donald Trump's comments dampened expectations around a U.S.-China trade deal, while escalating violence in Hong Kong added to investor worries.



6 years ago
Oil falls after Trump plays down optimistic China trade reports

Oil falls after Trump plays down optimistic China trade reports

Oil prices dipped on Monday after U.S. President Donald Trump appeared to play down reports of an imminent lifting of tariffs in a protracted U.S.-Chinese trade war.



6 years ago
Airbnb, Chobani among companies to oppose U.S. asylum work permit slowdown

Airbnb, Chobani among companies to oppose U.S. asylum work permit slowdown

Airbnb, Chobani, Western Union and a dozen other companies are urging the withdrawal of a Trump administration proposal to slow down the work permit approval process for asylum seekers.



6 years ago
Uber’s Latin American stronghold pursued by SoftBank-funded rivals

Uber’s Latin American stronghold pursued by SoftBank-funded rivals

Latin America, long a safe haven for Uber, was the biggest weak spot in the money-losing company’s latest financial results, registering just 2% growth, the worst of any region.



6 years ago