Latest News on private equities market

Blackstone CEO is optimistic U.S., China will agree trade deal

Blackstone CEO is optimistic U.S., China will agree trade deal

Private equity firm Blackstone Group Inc Chief Executive Stephen Schwarzman said on Wednesday he was optimistic that the United States and China would resolve their 16-month-long trade war, helping to ease tensions between two of the world's biggest economies.



6 years ago
CVS quarterly profit beats expectations; shares rise as it eyes growth

CVS quarterly profit beats expectations; shares rise as it eyes growth

CVS Health Corp reported higher-than-expected third-quarter profit on Wednesday as medical costs in its Aetna health insurance business came in below forecasts, and the company said its new strategy of using in-pharmacy clinics would contain healthcare spending going forward.



6 years ago
These three states have the highest income taxes

These three states have the highest income taxes

If you live in the Northeast U.S., chances are you're facing some steep taxes on income. Here are three states with the heftiest levies on your wages — and seven states that don't tax income at all.

6 years ago
GoDaddy reports 12% rise in quarterly revenue, shares up 8%

GoDaddy reports 12% rise in quarterly revenue, shares up 8%

GoDaddy Inc reported a 12% rise in third-quarter revenue as the web hosting company earned more from each user, sending its shares up 8% in extended trading.



6 years ago
Wall St. ends near flat; healthcare shares gain but trade deal delay weighs

Wall St. ends near flat; healthcare shares gain but trade deal delay weighs

U.S. stocks ended little changed on Wednesday as a report the U.S.-China trade deal could be delayed until December was offset by gains in healthcare shares.



6 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.



6 years ago
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.



6 years ago
Alphabet board probes company's handling of sexual misconduct allegations

Alphabet board probes company's handling of sexual misconduct allegations

The board of Google parent company Alphabet Inc is investigating executives' handling of sexual harassment and other misconduct claims, and expects to complete its probe by early December, according to a recent court filing.



6 years ago
Alphabet expects to complete probe of sexual misconduct claims by next month

Alphabet expects to complete probe of sexual misconduct claims by next month

The board of Google parent Alphabet Inc expects to complete by next month an investigation into the company's handling of sexual harassment and other misconduct complaints against current and former executives, according to a filing in state court last month.



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
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
Asia stocks stymied by trade talk frustration

Asia stocks stymied by trade talk frustration

Asian shares managed to cling 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
Oil unchanged after overnight losses amid caution over trade talks

Oil unchanged after overnight losses amid caution over trade talks

Oil prices were unchanged on Thursday, holding on to most of their losses from the previous session, on worries that a long-awaited interim deal to dial back a crippling U.S.-China trade war could be delayed.



6 years ago
Factbox: How the SEC is making life easier for corporate America

Factbox: 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.



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