Latest News on private equities market

Wall St little changed but report trade deal could be delayed weighs

Wall St little changed but report trade deal could be delayed weighs

U.S. stocks were near flat on Wednesday as a report that the U.S.-China deal could be delayed until December increased worries about how long the trade war will go on, while healthcare shares supported the market.



6 years ago
Oil prices fall on large U.S. crude build, delay in U.S.-China trade signing

Oil prices fall on large U.S. crude build, delay in U.S.-China trade signing

Oil prices fell on Wednesday after a much larger-than-expected build in U.S. crude inventories and after Reuters reported that the signing of a U.S.-China trade deal could be delayed until December.



6 years ago
Regulators find gaps in Boeing's 737 MAX software documentation: sources

Regulators find gaps in Boeing's 737 MAX software documentation: sources

Regulators have asked Boeing Co to fill in gaps in the documentation on its proposed 737 MAX software fix, industry sources told Reuters, raising new questions over the planemaker's hopes to return the jet to U.S. service by year-end.



6 years ago
U.S. lawmakers seek to ban federal pension fund from investing in China

U.S. lawmakers seek to ban federal pension fund from investing in China

A group of U.S. lawmakers introduced legislation on Wednesday that would block a federal retirement fund from investing in Chinese stocks.



6 years ago
Flood of trades sends Uber to record low as insiders allowed to sell

Flood of trades sends Uber to record low as insiders allowed to sell

Uber Technologies Inc's stock dropped 3% to a record low in its busiest trading session since the ride-hailing company's Wall Street debut as employees and early investors on Wednesday became free to sell their shares.



6 years ago
Lowe's gets upgrade from Credit Suisse: Low mortgage rates should boost store foot traffic

Lowe's gets upgrade from Credit Suisse: Low mortgage rates should boost store foot traffic

Credit Suisse upgrades Lowe's to outperform from neutral and hikes its 12-month price target to $129 per share from $114 per share.

6 years ago
Airbnb to review 'high risk reservations' following Halloween shooting

Airbnb to review 'high risk reservations' following Halloween shooting

Airbnb Inc will start a 24/7 hotline and review "high risk reservations" following the Halloween shooting incident in California, the home rental platform said in an email to employees seen by Reuters.



6 years ago
Tiffany asks LVMH to raise its $14.5 billion offer: sources

Tiffany asks LVMH to raise its $14.5 billion offer: sources

Tiffany & Co has asked Bulgari owner LVMH to raise its $14.5 billion acquisition offer, arguing that it significantly undervalues the U.S. jewelry chain, people familiar with the matter said on Wednesday.



6 years ago
Lufthansa crew strike set to go ahead on Thursday after court ruling

Lufthansa crew strike set to go ahead on Thursday after court ruling

A two-day strike by Lufthansa cabin crew was set to begin on Thursday after a German court ruled late on Wednesday against management's efforts to stop it.



6 years ago
Controversial Versace T-shirt dents Capri's sales in China

Controversial Versace T-shirt dents Capri's sales in China

Capri Holdings Ltd blamed a controversy around a Versace T-shirt that labeled Hong Kong and Macau as countries for denting the luxury label's sales in China, adding it would now take a "very cautious" approach to its business in the country.



6 years ago
Second U.S. law firm plots rival London forex class action

Second U.S. law firm plots rival London forex class action

U.S law firm Hausfeld plans to battle Scott & Scott for a high-profile London class action against major banks over alleged foreign exchange (forex) rigging, a London court heard on Wednesday.



6 years ago
Remain more likely than no-deal Brexit: Aviva's Fitzgerald

Remain more likely than no-deal Brexit: Aviva's Fitzgerald

There is more than a one-in-five chance that Britain remains in the European Union and there's a greater likelihood of that outcome than a no-deal Brexit, said Peter Fitzgerald, head of multi-asset management at Aviva Investors.



6 years ago
Roku quarterly net loss widens, shares plunge

Roku quarterly net loss widens, shares plunge

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
Qualcomm's 5G phone forecast for 2020 could include iPhones: analysts

Qualcomm's 5G phone forecast for 2020 could include iPhones: analysts

Qualcomm Inc said on Wednesday it expected 200 million 5G smartphones to be sold in 2020, including flagship devices launching next fall, a reference Wall Street took as a hint that Apple Inc would offer the faster technology next year.



6 years ago
Tesla to unveil electric pickup 'cybertruck' on November 21: Musk

Tesla to unveil electric pickup 'cybertruck' on November 21: Musk

Tesla Inc plans to unveil its electric pickup truck, "cybertruck," on Nov. 21 in Los Angeles near the SpaceX rocket factory, Chief Executive Officer Elon Musk tweeted https://twitter.com/elonmusk/status/1192113294036754432 on Wednesday.



6 years ago