Latest News on private equities market

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.



7 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.



7 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.



7 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.



7 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.



7 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.



7 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

7 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.



7 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.



7 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.



7 years ago
California regulator to probe utilities' mass power outages aimed at preventing fires

California regulator to probe utilities' mass power outages aimed at preventing fires

California regulators said on Monday they will open a formal probe of whether utilities violated any rules by cutting power to millions of residents for days as a precaution during recent periods of high winds and heightened wildfire risks.



7 years ago
Oil prices edge lower ahead of U.S. stockpile numbers

Oil prices edge lower ahead of U.S. stockpile numbers

Oil prices slipped on Tuesday as investors awaited U.S. crude inventory data for a pointer on oil demand trends, while concerns about slower economic growth overshadowed signs of a thawing in the trade war between Washington and Beijing.



7 years ago
Australian regulator files lawsuit against Google for data collection

Australian regulator files lawsuit against Google for data collection

Australia's consumer regulator filed a lawsuit against Alphabet Inc's Google on Tuesday, alleging it misled consumers about how it was collecting, storing and using personal location data.



7 years ago
California utility PG&E's stock tumbles as wildfire spreads

California utility PG&E's stock tumbles as wildfire spreads

Shares of bankrupt California power utility PG&E Corp extended losses on Monday as investors worried that its equipment might be responsible for wildfires spreading in northern California.



7 years ago
Lebanon's central bank urges quick solution to avoid future collapse

Lebanon's central bank urges quick solution to avoid future collapse

Lebanon's central bank governor said on Monday a solution must be found in days to a crisis unleashed by huge protests against the ruling elite, saying this would restore confidence and avoid any future economic collapse.



7 years ago