Latest News on private equities market

Drug companies reach settlement, averting first federal opioid trial

Drug companies reach settlement, averting first federal opioid trial

Four large drug companies reached a last-minute $260 million legal settlement over their role in the U.S. opioid addiction epidemic, averting the first federal trial that was scheduled to start Monday morning in Cleveland.



7 years ago
Your side hustle may be at risk — here are steps you can take to protect it

Your side hustle may be at risk — here are steps you can take to protect it

Just as important as running your side business is making sure it — and you — are protected in case something goes wrong, experts say.

7 years ago
Bank of America joins brokerage wars with unlimited free trades for preferred members

Bank of America joins brokerage wars with unlimited free trades for preferred members

Bank of America's move solidifies the race to zero in the retail trading world.

7 years ago
Raymond James raises Apple outlook, sees the shares rallying nearly 20% from here

Raymond James raises Apple outlook, sees the shares rallying nearly 20% from here

Raymond James raised its price target on Apple to $280 from $250 per share, ahead of earnings next week.

7 years ago
Smith+Nephew CEO steps down over pay, ex-Roche Diagnostics chief to take over

Smith+Nephew CEO steps down over pay, ex-Roche Diagnostics chief to take over

Smith+Nephew Plc Chief Executive Namal Nawana is stepping down after just 17 months in the role after becoming dissatisfied with his salary at the medical device maker.



7 years ago
Factbox: The U.S. opioid epidemic by the numbers

Factbox: The U.S. opioid epidemic by the numbers

Opioid deaths in the United States have soared over the last two decades, driving a wave of litigation against drugmakers and distributors.



7 years ago
Factbox: Billion-dollar lawsuits accuse drugmakers, distributors of fueling U.S. opioid crisis

Factbox: Billion-dollar lawsuits accuse drugmakers, distributors of fueling U.S. opioid crisis

On Monday, two Ohio counties will face off in a U.S. courtroom with five companies they accuse of fueling the nationwide opioid epidemic. The counties are seeking billions of dollars to cover the cost of addiction treatment programs, healthcare and other services.



7 years ago
Boeing may face billions more in losses as MAX crisis deepens: analysts

Boeing may face billions more in losses as MAX crisis deepens: analysts

Boeing Co may have to book billions of dollars in additional charges, two brokerages said on Monday, following latest developments around the planemaker's grounded 737 MAX jet that calls into question the timing of the aircraft's return to service.



7 years ago
Teva, three U.S. drug distributors reach opioid settlement - source

Teva, three U.S. drug distributors reach opioid settlement - source

Drug maker Teva Pharmaceutical Industries Inc and the three biggest U.S. drug distributors reached a settlement on Monday to avoid a trial over their role in the opioid addiction crisis, a source said on Monday.



7 years ago
Halliburton revenue drops more than expected as shale demand slows

Halliburton revenue drops more than expected as shale demand slows

Halliburton Co reported a bigger-than-expected 10% drop in quarterly revenue on Monday, as the oilfield services provider battled lower demand from shale oil producers in North America, its biggest market.



7 years ago
Drug companies reach settlement as opioid trial set to begin

Drug companies reach settlement as opioid trial set to begin

Four drug companies reached a last-minute legal settlement over their role in the opioid addiction epidemic, a source said on Monday, just as a nine-week trial was scheduled to start in Cleveland.



7 years ago
Goldman warns buybacks are 'plummeting,' ending a big source of buying power for the market

Goldman warns buybacks are 'plummeting,' ending a big source of buying power for the market

Companies are reining in their spending, especially when it comes to buybacks, and it could have a big impact on the direction of stocks.

7 years ago
Wall Street is starting to bail on Boeing with two big downgrades on Monday

Wall Street is starting to bail on Boeing with two big downgrades on Monday

Some Wall Street analysts are starting to throw in the towel on Boeing after keeping buy ratings on the stock throughout the 737 Max debacle.

7 years ago
Hopes for progress in trade war and Brexit buoy stocks

Hopes for progress in trade war and Brexit buoy stocks

World shares rose on Monday, as hopes for resolving the U.S.-China trade war and a belief that Britain will avoid a disorderly exit from the European Union gave investors cause for riskier bets.



7 years ago
Unizo keeps door open for Blackstone, Fortress talks

Unizo keeps door open for Blackstone, Fortress talks

Unizo Holdings said Monday it would continue talks with Blackstone Group and SoftBank-backed Fortress Investment Group on a potential takeover, raising the possibility of a bid battle between the two global buyout firms.



7 years ago