Latest News on private equities market

U.S. new home sales dip in September; prices fall

U.S. new home sales dip in September; prices fall

Sales of new U.S. single-family homes fell in September as low inventories continue to weigh on sales even as prices saw the biggest monthly fall in five years.



7 years ago
'Flight shaming' is gaining traction and it could cost airlines billions, says Citi

'Flight shaming' is gaining traction and it could cost airlines billions, says Citi

Consumers are paying more attention to their carbon footprint and it could cost airlines billions of dollars, Citi said in a note to clients on Tuesday.

7 years ago
Oil edges higher, but weak demand outlook weighs

Oil edges higher, but weak demand outlook weighs

Oil prices climbed on Thursday, with Brent rising above $61 a barrel as a surprise drop in U.S. crude inventories and the prospect of further market-supporting action by OPEC and its allies offset some concern over the outlook for demand.



7 years ago
Amazon's faster shipping dents profits, more pain to come

Amazon's faster shipping dents profits, more pain to come

Amazon.com Inc's chief financial officer on Thursday said costs for its one-day shipping program will spike to around $1.5 billion during the holiday season as the online retailer speeds up free delivery to woo shoppers and fend off rivals like Walmart Inc and Target Corp.



7 years ago
Massachusetts accuses Exxon in lawsuit of climate change deceit

Massachusetts accuses Exxon in lawsuit of climate change deceit

Massachusetts sued Exxon Mobil Corp on Thursday, accusing the oil giant of misleading investors and consumers for decades about the role fossil fuels play in climate change.



7 years ago
FTC staff recommends approval of Roche deal for Spark: report

FTC staff recommends approval of Roche deal for Spark: report

The Federal Trade Commission staff reviewing Roche's plan to buy U.S.-based gene therapy specialist Spark Therapeutics for $4.3 billion recommended that the deal be approved without requiring any asset sales, the Capitol Forum reported on Thursday.



7 years ago
Albemarle cuts 2019 forecast on lithium price pressure

Albemarle cuts 2019 forecast on lithium price pressure

Albemarle Corp , the world's largest lithium producer, on Thursday cut its sales and profit forecasts for the year, hit by a continued slump in prices for the white metal, sending its shares down nearly 7% in extended trading.



7 years ago
Fisher Investments outflows surpass $2.5 billion as Los Angeles pension departs

Fisher Investments outflows surpass $2.5 billion as Los Angeles pension departs

The Los Angeles Fire and Police Pension System voted on Oct. 24 to end its $522 million relationship with Fisher Investments. In all, institutional investors have pulled $2.5 billion from the firm in recent weeks.

7 years ago
SpaceX to test astronaut capsule next week, a critical milestone after April explosion

SpaceX to test astronaut capsule next week, a critical milestone after April explosion

In about a week SpaceX expects to conduct a key test of the capsule it is developing to launch astronauts, CNBC has learned.

7 years ago
CVS, Rite Aid pull all 22-ounce J&J baby powder from stores

CVS, Rite Aid pull all 22-ounce J&J baby powder from stores

CVS Health Corp and Rite Aid Corp are removing all 22-ounce bottles of Johnson & Johnson's baby powder from their stores, following the healthcare conglomerate's recall last week of some bottles due to possible asbestos contamination.



7 years ago
Intel beats third-quarter estimates, raises full-year revenue forecast

Intel beats third-quarter estimates, raises full-year revenue forecast

Intel Corp on Thursday beat Wall Street estimates for third-quarter revenue and profit and raised its full-year revenue forecast, easing concerns about slowing chip demand amid the U.S.-China trade war.



7 years ago
Exclusive: Software under scrutiny in Airbus A220 engine failures

Exclusive: Software under scrutiny in Airbus A220 engine failures

A U.S.-led investigation into a series of engine failures on Airbus's smallest jet, the A220, is studying whether a software change allowed unexpected vibrations that tore parts and forced three emergency landings, several people familiar with the case said.



7 years ago
Beyond Meat brings in Coca-Cola veteran to head marketing

Beyond Meat brings in Coca-Cola veteran to head marketing

Beyond Meat Inc will bring in Coca-Cola Co veteran Stuart Kronauge as its chief marketing officer, the vegan patty maker said on Thursday, as it looks to boost its presence in retail and restaurants.



7 years ago
Barneys close to sale to Authentic Brands after rival bid fails: sources

Barneys close to sale to Authentic Brands after rival bid fails: sources

Luxury retailer Barneys New York Inc is close to being sold to licensing firm Authentic Brands Group LLC after a competing bid from a trade show executive failed to qualify for a bankruptcy auction, people familiar with the matter said on Thursday.



7 years ago
Walmart, CVS and Rite Aid pull 22-ounce J&J baby powder off shelves

Walmart, CVS and Rite Aid pull 22-ounce J&J baby powder off shelves

Three major U.S. retailers, including Walmart, are removing all 22-ounce bottles of Johnson & Johnson's baby powder from their stores, following the healthcare conglomerate's recall last week of some bottles due to possible asbestos contamination.



7 years ago