Latest News on private equities market

China's tobacco monopoly means big risks for e-cigarette startups

China's tobacco monopoly means big risks for e-cigarette startups

In a glass-walled laboratory, chemists puff on vaping devices as they test liquid nicotine flavors. Nearby, staffers with cartons of instant noodles on their desks tap away at laptops, messaging suppliers and customers.



6 years ago
Asia stocks frustrated as trade doubts resurface

Asia stocks frustrated as trade doubts resurface

Asian shares napped near multi-month peaks on Thursday while bonds eked out a bounce as reports of delays in sealing a preliminary Sino-U.S. trade deal left investors frustrated at the lack of concrete progress.



6 years ago
The Santa Claus rally has already started and there's more to go, market analyst Tom Lee says

The Santa Claus rally has already started and there's more to go, market analyst Tom Lee says

Improving economic data and solid earnings have prompted the analyst to raise his year-end target for the S&P 500 to 3,185, roughly a 3% gain from here.

6 years ago
Expedia, TripAdvisor fall more than 20% after blaming poor earnings on decrease in Google search results

Expedia, TripAdvisor fall more than 20% after blaming poor earnings on decrease in Google search results

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

6 years ago
Individual investors pulled $20 million from Fisher Investments following billionaire's sexist comments

Individual investors pulled $20 million from Fisher Investments following billionaire's sexist comments

While institutional investors have pulled more than $3 billion from the Camas, Washington-based firm in the wake of Ken Fisher's comments, retail clients have had a more muted reaction. Here's why individual investors may be slow to divest.

6 years ago
Exclusive: Freddie Mac retains McKinsey & Company to consult on capital management

Exclusive: Freddie Mac retains McKinsey & Company to consult on capital management

Housing giant Freddie Mac has hired management consultants McKinsey & Company to advise the firm on capital management ahead of a potential exit from government control, a spokesman said Thursday.



6 years ago
Gap CEO exiting as forecast cut casts doubt on turnaround

Gap CEO exiting as forecast cut casts doubt on turnaround

Gap Inc said on Thursday Chief Executive Officer Art Peck will leave the company, a surprise exit in the middle of a restructuring that comes as the apparel retailer slashed its full-year earnings forecast, sending its shares down 7%.



6 years ago
Democratic lawmakers question FAA decisions on Boeing safety issues

Democratic lawmakers question FAA decisions on Boeing safety issues

Two Democratic U.S. lawmakers said on Thursday the Federal Aviation Administration overruled agency technical specialists on two Boeing Co safety issues involving the 737 MAX and the 787 Dreamliner jets that they said could be "potentially catastrophic."



6 years ago
U.S. Justice Department issues subpoenas to automakers in California emissions probe

U.S. Justice Department issues subpoenas to automakers in California emissions probe

The U.S. Justice Department has issued civil subpoenas to four major automakers, demanding that they disclose details on a deal struck with California in July to follow strict vehicle emissions standards, a source briefed on the matter said on Thursday.



6 years ago
Wall Street investors slam Warren's policies

Wall Street investors slam Warren's policies

Some Wall Street investors and Democratic donors sharply criticized progressive firebrand Elizabeth Warren's policies on issues from taxation to affordable healthcare because they are impractical.



6 years ago
U.S. 'very, very optimistic' about reaching a trade deal with China: White House

U.S. 'very, very optimistic' about reaching a trade deal with China: White House

The United States is "very, very optimistic" about reaching a trade deal with China soon, White House spokeswoman Stephanie Grisham told Fox News Channel in an interview on Thursday.



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

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

T-Mobile US Chief Executive John Legere on Thursday acknowledged talks are ongoing with Sprint Corp to extend their merger agreement, but he declined to rule out requesting the $26 billion price be reduced.



6 years ago
China, U.S. agree tariff rollback if phase one trade deal is completed

China, U.S. agree tariff rollback if phase one trade deal is completed

China and the United States have agreed to roll back tariffs on each others' goods in a "phase one" trade deal if it is completed, officials from both sides said on Thursday, sparking division among some advisers to President Donald Trump.



6 years ago
A global index provider is putting more weight on China stocks, raising concerns from lawmakers

A global index provider is putting more weight on China stocks, raising concerns from lawmakers

MSCI later today will announce an increase in the weighting of mainland China in its MSCI Emerging Markets Index. Sen. Marco Rubio has raised red flags about the move.

6 years ago
Exclusive: Trump administration rule changes to ease gun exports progress

Exclusive: Trump administration rule changes to ease gun exports progress

The Trump administration has passed a key milestone in a long-delayed rule change that would make it easier to sell U.S. firearms outside the United States, including assault rifles and ammunition, people briefed on the matter told Reuters.



6 years ago