Latest News on private equities market

Bayer says U.S. glyphosate plaintiffs more than double since July

Bayer says U.S. glyphosate plaintiffs more than double since July

Germany's Bayer is now facing 42,700 U.S. plaintiffs blaming its glyphosate-based weedkillers for their cancer, more than twice the tally in July and potentially raising any future settlement.



7 years ago
In U.S.-China talks, Beijing's refusal to order farm buys becomes pain point

In U.S.-China talks, Beijing's refusal to order farm buys becomes pain point

U.S. President Donald Trump's demand that Beijing commit to big purchases of American farm products has become a major sticking point in talks to end the Sino-U.S. trade war, according to several people briefed on the negotiations.



7 years ago
GE raises cash forecast, beats on adjusted EPS, lifting shares

GE raises cash forecast, beats on adjusted EPS, lifting shares

General Electric Co on Wednesday posted a $1.3 billion loss in the third quarter, but on an adjusted basis beat analysts' profit estimates, helped by higher prices for aircraft parts and a strong healthcare business, and vowed to deliver $1 billion more cash this year than it had previously forecast.



7 years ago
Whirlpool drops plan to shut plant in southern Italy

Whirlpool drops plan to shut plant in southern Italy

U.S.-listed white goods maker Whirlpool Corp has dropped plans to shut down a production site in the southern Italian city of Naples after two weeks of workers' protests, the company said on Wednesday.



7 years ago
Bayer says U.S. farmers unfazed by glyphosate litigation

Bayer says U.S. farmers unfazed by glyphosate litigation

Bayer , the world's largest maker of seeds and pesticides, said U.S. farmers were unperturbed by lawsuits seeking damages from Bayer for an alleged cancer-causing effect of glyphosate-based herbicides.



7 years ago
California fire threatens PG&E's plan to raise $14 billion

California fire threatens PG&E's plan to raise $14 billion

A wildfire raging in California threatens to destroy more than homes and businesses - it could also undermine bankrupt PG&E Corp's plan to raise $14 billion to finance the crisis-stricken utility's turnaround plan.



7 years ago
Carmakers and repair shops clash as automation upends aftermarket

Carmakers and repair shops clash as automation upends aftermarket

The rapid rise of crash-avoidance technology has set carmakers and repair shops on course for a collision that could determine who controls the $800 billion auto aftermarket in the digital age.



7 years ago
Fed and $50 billion auto merger plan temper share price pullback

Fed and $50 billion auto merger plan temper share price pullback

World shares slipped off 21-month highs on Wednesday as the prospect of a U.S. rate cut was offset by reports a Sino-U.S. trade deal may be delayed, though a possible $50 billion merger between Fiat-Chrysler and PSA capped European losses.



7 years ago
Apple CEO's handling of trade war has helped buoy shares, investors say

Apple CEO's handling of trade war has helped buoy shares, investors say

When Apple Inc reports results on Wednesday, Wall Street expects flat fiscal fourth-quarter sales and lower full-year revenue compared with the prior year, mostly because of declining iPhone sales. Yet Apple's stock price has hit all-time highs in recent weeks, as has its price-to-earnings valuation.



7 years ago
Yum misses profit estimates as GrubHub stake bites; shares fall

Yum misses profit estimates as GrubHub stake bites; shares fall

Pizza Hut and KFC parent Yum Brands Inc reported quarterly profit below market expectations on Wednesday, hurt by poor performance at GrubHub Inc , the food delivery platform the restaurant operator bought a stake in a year ago.



7 years ago
Wall Street dips as focus shifts to Fed

Wall Street dips as focus shifts to Fed

Wall Street struggled for direction on Wednesday as investors geared up for a policy decision by the Federal Reserve later in the day.



7 years ago
Peugeot board gives a green light to FCA talks:  source

Peugeot board gives a green light to FCA talks: source

The supervisory board of Peugeot maker PSA on Wednesday gave Chief Executive Carlos Tavares the go-ahead to pursue a $50 billion merger with Italy's Fiat Chrysler Automobiles NV , a source familiar with the matter said, moving the companies closer to a deal that could transform the global auto industry.



7 years ago
PSA could help Fiat Chrysler modernize its vehicle platforms

PSA could help Fiat Chrysler modernize its vehicle platforms

A proposed merger between France's Groupe PSA and Fiat Chrysler Automobiles would give FCA access to Peugeot’s more modern and flexible vehicle architectures, potentially enabling the combined companies to achieve lower costs through higher production volumes, a global auto analyst said on Wednesday.



7 years ago
Ford shutters oldest Brazil plant as revival bid faces doubts

Ford shutters oldest Brazil plant as revival bid faces doubts

Ford Motor Co on Wednesday said it was shutting down its oldest plant in Brazil later in the day as planned, with prospects for saving any of the jobs in doubt as talks with a potential buyer have fallen behind schedule.



7 years ago
Peugeot, FCA accelerate merger talks: sources

Peugeot, FCA accelerate merger talks: sources

The boards of French automaker Peugeot SA and Fiat Chrysler Automobiles NV on Wednesday agreed to pursue a $50 billion merger, sources familiar with the matter said, a deal that could transform the global auto industry.



7 years ago