Latest News on private equities market

Expedia, TripAdvisor plummet more than 20% after the online travel companies report poor earnings

Expedia, TripAdvisor plummet more than 20% after the online travel companies report poor earnings

Expedia and TripAdvisor stocks tanked following poor third-quarter earnings after the bell Wednesday.

6 years ago
Power provider PG&E Corp raises 2019 cost estimates by over 50%; shares fall

Power provider PG&E Corp raises 2019 cost estimates by over 50%; shares fall

Power company PG&E Corp on Thursday raised its 2019 costs estimates by more than 50% related to deadly wildfires in California and its bankruptcy, sending its shares down nearly 6%.



6 years ago
Ralph Lauren profit gets boost from Chinese demand; shares rise 14%

Ralph Lauren profit gets boost from Chinese demand; shares rise 14%

Strong demand for Ralph Lauren Corp's Polo shirts and tweed jackets in China helped the high-end apparel retailer beat quarterly profit estimates on Thursday, sending its shares up nearly 14%.



6 years ago
Brazil will reevaluate signing bonuses, other parameters of offshore auctions

Brazil will reevaluate signing bonuses, other parameters of offshore auctions

The Brazilian government will reevaluate the terms of pre-salt auctions, including the signing bonuses and profit oil required from bidders, Brazil's mines and energy minister said on Thursday, after a round that was widely seen as disappointing.



6 years ago
Wells Fargo taps Bill Daley, former White House official, head of public affairs

Wells Fargo taps Bill Daley, former White House official, head of public affairs

Wells Fargo & Co , which recently tapped one-time Jamie Dimon protégé Charles Scharf to be its CEO, has hired another former JP Morgan Chase executive and previous White House official, William Daley, to head public affairs.



6 years ago
Halloween scare: Party City plunges after slashing annual targets again

Halloween scare: Party City plunges after slashing annual targets again

Shares of Party City Holdco Inc plummeted 62% to a record low on Thursday after the party supplies retailer cut its annual revenue and profit forecasts for a second time, as fewer shoppers bought Halloween supplies at its stores this season.



6 years ago
T-Mobile in talks with Sprint on merger, does not rule out price discussions

T-Mobile in talks with Sprint on merger, does not rule out price discussions

T-Mobile US Chief Executive John Legere on Thursday acknowledged talks with Sprint Corp to extend their merger agreement and declined to rule out asking for the $26 billion price to be lowered.



6 years ago
Stocks, dollar rally on renewed U.S.-China deal hopes

Stocks, dollar rally on renewed U.S.-China deal hopes

Oil prices rose and global equity markets rallied on Thursday after China said it has agreed with the United States to cancel tariffs in phases, a key consideration in reaching an initial deal to end a trade war that has crimped economic growth.



6 years ago
Florida risk helped ruin Uber for insurer James River

Florida risk helped ruin Uber for insurer James River

A Bermuda-based insurer that recently severed ties with an Uber Technologies Inc affiliate said on Thursday the risk of providing driver ride-hailing coverage had become too great and that it had mispriced policies during its initial years on the account.



6 years ago
Trade-fueled rally pushes Wall Street to fresh record high

Trade-fueled rally pushes Wall Street to fresh record high

Wall Street's main indexes hit fresh record highs on Thursday, as signs of progress in U.S.-China trade relations and a batch of largely upbeat earnings boosted risk appetite.



6 years ago
Roku shares plunge after streaming device maker breaks earnings win streak

Roku shares plunge after streaming device maker breaks earnings win streak

Roku posted third-quarter results that missed Wall Street's expectation after multiple quarters of blowout growth.

6 years ago
Xerox offers HP $22 per share in a mostly cash offer, sources say

Xerox offers HP $22 per share in a mostly cash offer, sources say

Sources also said the bid consists of 77% cash and 23% stock, or $17 in cash and 0.137 Xerox shares for each HP share.

6 years ago
Activist reportedly buys stake in MSG stock, sees Knicks and Rangers worth more than $7 billion

Activist reportedly buys stake in MSG stock, sees Knicks and Rangers worth more than $7 billion

Blue Harbour Group is reportedly pressuring Madison Square Garden CEO James Dolan to sell a portion of the New York Knicks and New York Rangers ahead of the planned spinoff.

6 years ago
Oil rises above $62 on hopes for U.S.-China trade deal

Oil rises above $62 on hopes for U.S.-China trade deal

Oil rose above $62 a barrel on Thursday after China hinted at progress toward a trade deal with the United States, raising hopes for an end to a long dispute that has weighed on economic growth and demand for fuel.



6 years ago
Where top VCs are investing in fintech?

Where top VCs are investing in fintech?

TechCrunch | Arman Tabatabai | Nov 6, 2019 Over the past several years, ‘fintech’ has quietly become the unsung darling of venture. A rapidly swelling pool of new startups is taking aim at the large incumbent institutions, complex processes and outdated unfriendly interfaces that mar billion dollar financial services verticals, such as insurtech, consumer lending,

6 years ago