Latest News on private equities market

U.S. boards end era of impunity for 'skirt-chasers,' McDonald's firing shows

Directors of U.S. companies are increasingly showing zero tolerance for executives' sexual relationships with employees, even consensual ones, an attitude shift evident in McDonald's Corp's dismissal of CEO Steve Easterbrook this week.



6 years ago

Kroger's 2020 profit, same-store sales estimates top expectations

Kroger Co on Tuesday forecast next year's profit and same-store sales ahead of analysts' estimates, as the supermarket chain benefits from its efforts to modernize stores, enhance delivery and improve product assortments.



6 years ago

Saudi government to have one-year restriction on selling more Aramco shares after IPO: sources

The Saudi government will be subject to a one-year restriction on selling additional Aramco shares in the oil company after a planned initial public offering (IPO), three sources familiar with the matter said.



6 years ago

Mylan tops profit estimates on drug launches

Generic drugmaker Mylan NV beat Wall Street estimates for third-quarter profit on Tuesday, benefiting from drug launches such as Wixela and Fulphila, sending its shares up 2% before the opening bell.



6 years ago

Tapestry profit tops estimates on overseas demand for Coach handbags

Tapestry Inc beat quarterly profit estimates on Tuesday, as demand for its high-margin Coach handbags and apparel in China and Europe helped it overcome stagnating sales in North America, sending its shares up 4.7% in premarket trading.



6 years ago

Former McDonald's chief Easterbrook steps down from Walmart board

Steve Easterbrook, the chief executive officer of McDonald's Corp who was dismissed over the weekend, has resigned from Walmart Inc's board, the retailer said on Tuesday.



6 years ago

Lufthansa files motion to prevent cabin crew strike: spokeswoman

Lufthansa , Germany's biggest airline, has filed a motion with a Frankfurt court to prevent a flight attendants' strike scheduled for this week, a company spokeswoman said on Tuesday.



6 years ago

Mediaset ready to change pan-Europe TV governance to appease Vivendi: source

Italian broadcaster Mediaset is ready to modify the governance of its pan-Europe TV reorganisation in order to reach a compromise with hostile shareholder Vivendi VIV.PA>, a source said on Tuesday.



6 years ago

'Time to beef up' — Bernstein upgrades Beyond Meat to outperform, sees 30% upside

It's finally time to buy Beyond Meat following the stock's dramatic descent since late July, according to Bernstein.

6 years ago

OPEC chief says oil market may have upside potential in 2020

The oil market outlook for next year may have upside potential, the secretary-general of producer group OPEC said on Tuesday, appearing to downplay any need to cut output more deeply.



6 years ago

Regulators should work together on certifying Boeing 737 MAX: IATA's de Juniac

Regulators should work together in recertifying the grounded Boeing 737 MAX airliner instead of pursuing separate approval processes, the head of the International Air Transport Association (IATA) said on Tuesday.



6 years ago

When the market is up this much through October, it usually finishes the year strong

When the S&P 500 is up 20% or more through October, as it is now, the average return through the rest of the year is more than 6%, according to Canaccord Genuity.

6 years ago

Traveling this holiday? Here's where people are headed and how they're paying for it

Almost half of Americans will take holiday travel this year, Nerdwallet found, and 71% of them will put some expenses on their credit cards. Here's a look at how and where we're spending Thanksgiving and other holidays.

6 years ago

India says supports FTA talks with EU after refusing to join China-led accord

India should hold talks with the European Union for a free trade agreement, the government said on Tuesday, a day after it refused to join a China-backed regional trade pact for fear of a flood of cheap Chinese imports.



6 years ago

Goldman says buy the Under Armour dip: 'Long-term thesis intact'

Goldman Sachs is sticking with its buy rating on Under Armour, even after shares plunged on Monday.

6 years ago