Latest News on private equities market

Google's search for sales in cloud, hardware clip Alphabet profit

Google's search for sales in cloud, hardware clip Alphabet profit

Google parent Alphabet Inc reported quarterly results on Monday that show costs continue to rise faster than revenue as the web search leader seeks to broaden its business, dampening Wall Street's enthusiasm despite Google's continued dominance in advertising sales.



6 years ago
GM, Toyota, Fiat Chrysler back Trump on California emissions challenge

GM, Toyota, Fiat Chrysler back Trump on California emissions challenge

General Motors Co , Toyota Motor Corp , Hyundai Motor Co , Fiat Chrysler Automobiles NV and other major automakers are siding with the Trump administration in its bid to bar California from setting its own fuel efficiency rules or zero-emission vehicles requirements.



6 years ago
TSMC, GlobalFoundries settle patent disputes

TSMC, GlobalFoundries settle patent disputes

Taiwan Semiconductor Manufacturing Co Ltd (TSMC) and smaller contract chipmaking rival GlobalFoundries Inc on Monday agreed to dismiss all patent litigations between themselves and those that involve their customers.



6 years ago
California regulator to investigate utilities' mass fire-prevention power outages

California regulator to investigate utilities' mass fire-prevention power outages

The California Public Utilities Commission on Monday said it would open a formal investigation of wide-scale precautionary power outages imposed by several utilities this month as high winds posed heightened wildfire risks across the state.



6 years ago
Justice Department issues grand jury subpoenas in J&J opioid probe: filing

Justice Department issues grand jury subpoenas in J&J opioid probe: filing

Johnson & Johnson received grand jury subpoenas in August from the U.S. attorney's office for the Eastern District of New York related to its opioid medication policies, the company said in a regulatory filing on Monday.



6 years ago
United, Avianca and Copa's South American deal delayed as they mull fourth partner

United, Avianca and Copa's South American deal delayed as they mull fourth partner

A proposed joint venture between United Airlines , Colombia's Avianca Holdings and Panama's Copa Holdings has been delayed due to the potential inclusion of Brazil's Azul SA as a fourth partner, as well as problems at Avianca, the CEOs of two of the companies said.



6 years ago
Beyond Meat to offer more store discounts as competition heats up; shares fall

Beyond Meat to offer more store discounts as competition heats up; shares fall

Beyond Meat Inc reported its first ever net profit and raised its full-year sales forecast, but shares tumbled 6.5% in extended trading as the vegan burger maker said it would need to offer more store discounts or promotions as competition heats up.



6 years ago
Alphabet misses profit estimates as Google bets big on newer businesses

Alphabet misses profit estimates as Google bets big on newer businesses

Google parent Alphabet Inc missed analysts' estimates for quarterly profit on Monday as it reported its highest-ever quarterly expenses, sending shares down about 1.2% even though revenue growth topped expectations.



6 years ago
U.S. may extend tariff suspensions on $34 billion in Chinese goods

U.S. may extend tariff suspensions on $34 billion in Chinese goods

The United States Trade Representative is studying whether to extend tariff suspensions on $34 billion of Chinese goods set to expire on Dec. 28 this year, the agency said on Monday.



6 years ago
GM, Toyota, Fiat Chrysler seek to intervene in California emissions suit

GM, Toyota, Fiat Chrysler seek to intervene in California emissions suit

Major automakers including General Motors Co , Toyota Motor Corp , Hyundai Motor Co and Fiat Chrysler Automobiles NV are asking to intervene in a lawsuit filed by 23 U.S. states last month, the companies said on Monday.



6 years ago
Lockheed Martin awarded $7 billion U.S. defense contract: Pentagon

Lockheed Martin awarded $7 billion U.S. defense contract: Pentagon

Lockheed Martin Corp has been awarded a $7 billion modification to a contract providing for 114 F-35 aircraft for the U.S. Air Force, the U.S. Marine Corps, the U.S. Navy, and the governments of Norway, Australia and Italy, the Pentagon said on Monday.



6 years ago
Virgin Galactic shares debut as the space tourism company begins trading under the ticker SPCE

Virgin Galactic shares debut as the space tourism company begins trading under the ticker SPCE

Richard Branson's space tourism company began trading its stock publicly following its merger with Chamath Palihapitiya's venture

6 years ago
Oil falls on weak Chinese data, forecasts for U.S. crude stocks build

Oil falls on weak Chinese data, forecasts for U.S. crude stocks build

Oil prices fell on Monday after four days of gains as expectations U.S. crude stockpiles will rise and worries about weak Chinese industrial data offset hopes oil demand will increase if talks progress on a Sino-American trade deal.



6 years ago
U.S.-China trade hopes boost stocks; dollar weak

U.S.-China trade hopes boost stocks; dollar weak

An index of global stock markets rallied to a 21-month high on Monday, boosted by growing hopes for a U.S.-China trade deal and the view that the U.S. Federal Reserve this week will deliver its third interest rate cut for 2019.



6 years ago
Trade optimism, Fed rate-cut expectation sends S&P 500 to record

Trade optimism, Fed rate-cut expectation sends S&P 500 to record

The S&P 500 hit a record high on Monday, while the Nasdaq fell just short of its lifetime high touched in late July as a more civil tone between the United States and China lifted hopes for a possible trade deal and investors looked toward a Federal Reserve rate cut later this week.



6 years ago