Latest News on private equities market

China says some tariffs must be canceled on both sides for trade deal with U.S.

China says some tariffs must be canceled on both sides for trade deal with U.S.

China and the United States must simultaneously cancel some existing tariffs on each other's goods for both sides to reach a "phase one" trade deal, the Chinese commerce ministry said on Thursday.



6 years ago
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
Roku quarterly net loss widens, overshadows earnings beat

Roku quarterly net loss widens, overshadows earnings beat

U.S. video streaming service Roku Inc reported a wider net loss in the third quarter on Wednesday, as it spent more to attract subscribers to its video streaming platform.



6 years ago
Italian PM says ArcelorMittal wants mass layoffs, govt rejects demand

Italian PM says ArcelorMittal wants mass layoffs, govt rejects demand

Steel giant ArcelorMittal wants to cut 5,000 jobs in Italy because of low production levels at its Taranto plant, Italian Prime Minister Giuseppe Conte said on Wednesday, denouncing the plan as "unacceptable".



6 years ago
GoDaddy shares surge on biggest buyback plan

GoDaddy shares surge on biggest buyback plan

GoDaddy Inc on Wednesday announced its biggest ever share buyback of $500 million and reported a 12% rise in quarterly revenue as the web hosting company earned more per user, sending its shares up 10% in extended trading.



6 years ago
Acting UAW head to examine 'every inch' of union in scandal's wake

Acting UAW head to examine 'every inch' of union in scandal's wake

The acting head of the United Auto Workers (UAW) said on Wednesday that he will examine every department of the union in response to a spreading federal corruption probe that has damaged the union's standing during contract talks with Detroit's automakers.



6 years ago
Qualcomm's licensing forecast, helped by Apple deal, drives share gains

Qualcomm's licensing forecast, helped by Apple deal, drives share gains

Qualcomm Inc shares rose more than 5% on Wednesday after it forecast current-quarter profit above Wall Street expectations, as its all-important licensing segment benefits from a deal with Apple Inc .



6 years ago
Roku beats revenue and profit estimates

Roku beats revenue and profit estimates

U.S. video streaming service Roku Inc beat expectations for third quarter revenue, earnings per share and adjusted EBITDA on Wednesday, benefiting from a widespread trend toward cord-cutting.



6 years ago
Italian PM says ArcelorMittal wants mass layoffs; government rejects demand

Italian PM says ArcelorMittal wants mass layoffs; government rejects demand

Steel giant ArcelorMittal wants to cut 5,000 jobs in Italy because of low production levels at its Taranto plant, Italian Prime Minister Giuseppe Conte said on Wednesday, denouncing the plan as "unacceptable".



6 years ago
Judge shields OxyContin-maker Purdue from litigation until April

Judge shields OxyContin-maker Purdue from litigation until April

Purdue Pharma LP and the company's Sackler family owners will be shielded until April 8, 2020, from sprawling opioid litigation to give the maker of OxyContin time to try to reach a legal settlement the company says is worth $10 billion.



6 years ago
U.S. DoJ demands Ford Focus, Fiesta documents: Detroit Free Press

U.S. DoJ demands Ford Focus, Fiesta documents: Detroit Free Press

The U.S. Department of Justice has demanded documents related to the transmission used in about 2 million of Ford Motor Co's Fiesta and Focus vehicles sold throughout this decade, the Detroit Free Press reported on Wednesday.



6 years ago