Latest News on private equities market

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

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

The U.S. Justice Department has issued civil subpoenas in its antitrust investigation into four major automakers’ voluntary agreement with California to adopt compromise vehicle emissions requirements, a source briefed on the matter said on Thursday.



7 years ago
U.S. may soon issue guidance to enforce foreign investment oversight

U.S. may soon issue guidance to enforce foreign investment oversight

The U.S. government is likely soon to spell out how it will enforce oversight of foreign investment in the United States, a U.S. official said on Thursday, after a law last year expanded the agency's authority to crack down on harmful Chinese investment.



7 years ago
Roku shares plunge 16% after streaming device maker breaks earnings win streak

Roku shares plunge 16% 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.

7 years ago
Dropbox tops revenue, profit estimates on higher subscriber additions

Dropbox tops revenue, profit estimates on higher subscriber additions

Dropbox Inc beat analysts' estimates for third-quarter revenue and profit on Thursday, as the online file hosting company signed up more individual and business customers to its platform.



7 years ago
GoPro quarterly revenue beats on 'Hero' camera demand, shares rise

GoPro quarterly revenue beats on 'Hero' camera demand, shares rise

GoPro Inc beat analysts' estimates for third-quarter revenue on Thursday, boosted by demand for its new Hero camera, sending its shares up 11% in after-market trading.



7 years ago
Stocks, dollar rally on U.S.-China trade deal hopes

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

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



7 years ago
SoftBank's Son humbled after Vision Fund's $8.9 billion loss

SoftBank's Son humbled after Vision Fund's $8.9 billion loss

SoftBank reported its first quarterly loss in 14 years on Wednesday, whiplashed by an $8.9 billion hit at its giant Vision Fund and marking a rare, humbling moment for CEO Masayoshi Son over his backing of troubled startup WeWork.



7 years ago
Risk rally hits pause button as markets await trade signals

Risk rally hits pause button as markets await trade signals

Global stock markets steadied after a three-day rally on Wednesday as traders continued to watch incoming economic data and awaited new developments from U.S.-China trade talks.



7 years ago
Bombardier says to deliver all Swiss Railways trains by mid-2021

Bombardier says to deliver all Swiss Railways trains by mid-2021

Bombardier said on Wednesday it had alleviated technical problems that have held up deliveries of trains to Swiss Federal Railways (SBB) as the Canadian plane-and-train-maker aims to complete the long-delayed contract by mid-2021.



7 years ago
China urges re-elected Canadian government to free Huawei executive Meng Wanzhou

China urges re-elected Canadian government to free Huawei executive Meng Wanzhou

China's foreign ministry on Wednesday urged the re-elected Canadian government to immediately release detained Huawei [HWT.UL] executive Meng Wanzhou.



7 years ago
Boeing CEO will forgo 'tens of millions of dollars' in compensation

Boeing CEO will forgo 'tens of millions of dollars' in compensation

Boeing Co Chief Executive Dennis Muilenburg said on Wednesday he would forgo "tens of millions of dollars" in compensation after asking the company's board of directors to waive his bonuses on Saturday.



7 years ago
Oil falls after three-day rally on larger-than-expected U.S. crude build

Oil falls after three-day rally on larger-than-expected U.S. crude build

Oil prices fell on Wednesday, pulled down by a larger-than-expected build in U.S. crude stocks, after gaining for three sessions on expectations of an easing in U.S.-China trade tensions.



7 years ago
How the SEC is making life easier for corporate America

How the SEC is making life easier for corporate America

Under the Trump administration, the Securities and Exchange Commission (SEC) has taken more than two dozen measures - including trimming rules - that make life easier for corporate America, according to a Reuters analysis of SEC announcements and interviews with more than a dozen lawyers, academics and advocacy groups. [L2N26V0LM]



7 years ago
Investors left exposed as Trump's SEC gives America Inc helping hand

Investors left exposed as Trump's SEC gives America Inc helping hand

The United States' top market cop is slowly taking the shackles off corporations.



7 years ago
Xerox considers takeover offer for PC maker HP: WSJ

Xerox considers takeover offer for PC maker HP: WSJ

Xerox Holdings Corp is considering making a cash-and-stock offer for personal computer maker HP Inc at a premium to its market value of about $27 billion, the Wall Street Journal reported on Tuesday.



7 years ago