Latest News on private equities market

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
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
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
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
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
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
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
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
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
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.



7 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.



7 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.



7 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.



7 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.



7 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.



7 years ago