Latest News on private equities market

Asia stocks camp near peaks as trade talks drag on

Asia stocks camp near peaks as trade talks drag on

Asian shares paused 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.



7 years ago
SoftBank Group shares slide over 4% after massive quarterly loss

SoftBank Group shares slide over 4% after massive quarterly loss

Shares of SoftBank Group fell more than 4% in early trade on Thursday after the Japanese conglomerate reported a $6.5 billion quarterly loss, its first such loss in 14 years, dragged down by a massive hit at its giant Vision Fund.



7 years ago
Senate leader McConnell backs bill to protect coal miner pensions

Senate leader McConnell backs bill to protect coal miner pensions

Senate majority leader Mitch McConnell joined a bipartisan group of senators on Wednesday in introducing a bill to secure the pensions for nearly 90,000 retired coal miners as a recent wave of coal company bankruptcies threatens the solvency of the federal pension fund.



7 years ago
Canada's Trudeau cites 'positive momentum' on trade deal as U.S. official visits

Canada's Trudeau cites 'positive momentum' on trade deal as U.S. official visits

Canadian Prime Minister Justin Trudeau on Wednesday cited "positive momentum" in the U.S. process to ratify a new North American trade deal, which has been in limbo for months amid concerns over labor standards.



7 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.



7 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".



7 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.



7 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.



7 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 .



7 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.



7 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".



7 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.



7 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.



7 years ago
Xerox in $33 billion bid for HP -sources

Xerox in $33 billion bid for HP -sources

U.S. printer maker Xerox Holdings Corp has made a roughly $33 billion cash-and-stock offer for personal computer maker HP Inc , a move on a company more than three times its size, people familiar with the matter said on Wednesday.



7 years ago
Regulators want revised Boeing 737 MAX software documentation: company

Regulators want revised Boeing 737 MAX software documentation: company

U.S. and European regulators have asked Boeing Co to revise documentation on its proposed 737 MAX software fix, the planemaker confirmed Wednesday, a development that further complicates its efforts to return the jet to service by year-end.



7 years ago