Latest News on private equities market

U.S. homebuilding retreats, manufacturing still struggling

U.S. homebuilding retreats, manufacturing still struggling

U.S. homebuilding tumbled from more than a 12-year high in September, but single-family home construction rose for a fourth straight month, suggesting the housing market remains supported by lower mortgage rates even as the economy is slowing.



6 years ago
The latest in the brokerage wars: Charles Schwab will allow people to buy fractions of stocks

The latest in the brokerage wars: Charles Schwab will allow people to buy fractions of stocks

Charles Schwab will soon let its clients trade fractions of stocks, the founder and chairman told the Wall Street Journal in an interview.

6 years ago
Wall Street edges higher on robust earnings, Brexit deal

Wall Street edges higher on robust earnings, Brexit deal

Wall Street gained ground on Thursday as positive geopolitical developments and a string of corporate earnings beats put investors in a buying mood.



6 years ago
Blackstone's financing for Merlin deal unsettles bond market

Blackstone's financing for Merlin deal unsettles bond market

A buyout consortium led by Blackstone sent a frisson through debt markets this week as it took advantage of a booming appetite for bonds to push through aggressive terms on financing for its leveraged buyout of Merlin Entertainments.



6 years ago
EDF CEO says France prepares to build new nuclear plants: Le Monde

EDF CEO says France prepares to build new nuclear plants: Le Monde

It is clear that France is preparing to build new nuclear power plants, Jean-Bernard Levy, Chief Executive of state-controlled utility EDF , said in an interview with Le Monde newspaper on Thursday.



6 years ago
Big U.S. liquefied natgas players move fast; smaller ones try to keep up

Big U.S. liquefied natgas players move fast; smaller ones try to keep up

A gap is emerging in the U.S. liquefied natural gas (LNG) industry as big players such as Exxon Mobil Corp and Cheniere Energy Inc race ahead to build export terminals with fewer long-term contracts, while smaller developers struggle to find financing for their first plants.



6 years ago
Canadian fintech adoption rate hits 50 per cent, but still trails global peers: EY

Canadian fintech adoption rate hits 50 per cent, but still trails global peers: EY

Financial Post | Geoff Zochodne | Oct 15, 2019 China and India, at 87 per cent, sported the highest rates of adoption and the United Kingdom clocked in at 71 per cent adoption Canadian consumers have greatly increased their use of financial technology, such as payment or budgeting apps, but trail their global counterparts in

6 years ago
Johnson & Johnson agrees to pay about $117 million to settle U.S. states' mesh probe

Johnson & Johnson agrees to pay about $117 million to settle U.S. states' mesh probe

Johnson & Johnson has agreed to pay nearly $117 million to resolve allegations that it deceptively marketed transvaginal surgical mesh devices, U.S. state attorneys general said on Thursday.



6 years ago
Three big mistakes to avoid during Medicare open enrollment

Three big mistakes to avoid during Medicare open enrollment

While your coverage will automatically renew if you don't take action during the enrollment period, passing on the chance to make changes could cost you in 2020.

6 years ago
Blockchain Start-Up Backed By Big Banks Ushers In New Era Of Banking

Blockchain Start-Up Backed By Big Banks Ushers In New Era Of Banking

Forbes | Andrea Tinianow | Oct 17, 2019 Fnality, a London-based company is banking on blockchain technology to usher in an era of digital financial markets. They are betting that the financial markets are going to tokenize. Fnality intends to be there when that happens. In fact, they intend to spur the transformation. According to

6 years ago
White House adviser says China agricultural purchases will depend partly on markets

White House adviser says China agricultural purchases will depend partly on markets

White House economic adviser Larry Kudlow said on Thursday that China's "serious commitment" to buy $40 billion to $50 billion worth of U.S. agricultural goods as part of a phase 1 trade deal would depend in part on private companies and market conditions.



6 years ago
Saudi Aramco delays planned IPO until after earnings update: sources

Saudi Aramco delays planned IPO until after earnings update: sources

Saudi Aramco has delayed the planned launch of its initial public offering in hopes that pending third-quarter results will bolster investor confidence in the world's largest oil firm, two sources familiar with the matter said on Thursday.



6 years ago
Goldman wants traders to be more like dealmakers and coders

Goldman wants traders to be more like dealmakers and coders

Over the past decade or so, Goldman Sachs Group Inc has watched its annual trading profits fall 84%, as post-financial crisis regulations upended Wall Street. Now, bank executives are hoping they have figured out the key to a turnaround: asking traders to be more like investment bankers.



6 years ago
UAW will keep GM strike going while members vote on new contract

UAW will keep GM strike going while members vote on new contract

The United Auto Workers union said on Thursday workers at General Motors Co will stay off the job while they vote on a proposed contract that delivers higher pay for full-time workers and better terms for temporary workers, but allows the automaker to close three U.S. plants.



6 years ago
Ex-U.S. biotech executive fined for lying to auditors, charges dropped against CFO: SEC

Ex-U.S. biotech executive fined for lying to auditors, charges dropped against CFO: SEC

The former chief business officer of U.S. biotechnology company Osiris Therapeutics Inc has agreed to pay a $40,000 civil penalty for lying to auditors, the Securities and Exchange Commission said on Thursday.



6 years ago