Latest News on private equities market

TD Ameritrade shares tank after Interactive Brokers unveils new service

TD Ameritrade shares tank after Interactive Brokers unveils new service

Interactive Brokers announced a new product that will provide commission-free trades.

7 years ago
Wall Street cuts losses after Chinese foreign minister comment

Wall Street cuts losses after Chinese foreign minister comment

The S&P 500 reversed losses to trade flat on Thursday after the Chinese foreign minister said the United States has shown good will by waiving tariffs on Chinese products.



7 years ago
NYU's 'Dean of Valuation' says Peloton is worth only $19 with 'benefit of every doubt'

NYU's 'Dean of Valuation' says Peloton is worth only $19 with 'benefit of every doubt'

Peloton is worth $19 a share at most, according to Wall Street's valuation guru.

7 years ago
Gap to hire fewer workers for holiday season

Gap to hire fewer workers for holiday season

Gap Inc said on Thursday it plans to hire more than 30,000 seasonal workers for the upcoming holiday season, lower than the 65,000 target the apparel retailer had set for 2018.



7 years ago
New York sues Dunkin' Donuts over cyberattacks

New York sues Dunkin' Donuts over cyberattacks

The parent of Dunkin' Donuts was sued on Thursday by New York Attorney General Letitia James, who accused the chain of failing to protect hundreds of thousands of customers whose accounts were targeted in a series of "brute force" cyberattacks.



7 years ago
Wall Street drops as Huawei report, Washington turmoil weigh

Wall Street drops as Huawei report, Washington turmoil weigh

Wall Street's main indexes fell on Thursday after a report that the United States is unlikely to extend a waiver allowing American firms to supply China's Huawei, added to worries over an inquiry into the impeachment of President Donald Trump.



7 years ago
Top telecom CEOs say China is building out 5G network with intense speed

Top telecom CEOs say China is building out 5G network with intense speed

The U.S. might be behind China in the race to 5G, and top American telecom executives are watching.

7 years ago
Commerzbank cuts revenue forecast as board approves overhaul

Commerzbank cuts revenue forecast as board approves overhaul

Commerzbank no longer expects a rise in underlying revenue this year, the German lender warned on Thursday, as its supervisory board approved plans announced last week to cut thousands of staff and close a fifth of its branches.



7 years ago
Fitness startup Peloton's shares fall 7% in market debut

Fitness startup Peloton's shares fall 7% in market debut

Shares of Peloton Interactive Inc , the fitness startup known for on-demand workout programs on its exercise bikes, slid as much as 7% in their market debut on Thursday, indicating that investors are becoming increasingly skeptical of money-losing startups.



7 years ago
Fed's Clarida says inflation expectations in line with mandate

Fed's Clarida says inflation expectations in line with mandate

U.S. inflation expectations are currently in line with the central bank's 2% goal, Federal Reserve Vice Chair Richard Clarida said on Thursday, a remark that suggests he does not see a pressing need for new rate cuts to push inflation back up.



7 years ago
Facebook wins dismissal of investor lawsuit over privacy breach

Facebook wins dismissal of investor lawsuit over privacy breach

Facebook Inc and its chief executive Mark Zuckerberg on Thursday won dismissal of an investor lawsuit accusing them of deceiving investors about the likely impact of a privacy breach on its stock price, though the investors will be have a chance to refile their case.



7 years ago
GM reverses decision, will pay striking union workers' healthcare coverage

GM reverses decision, will pay striking union workers' healthcare coverage

General Motors Co said on Thursday it will pay for the health insurance of its striking hourly workers, reversing a decision to push the costs onto the United Auto Workers union.



7 years ago
U.S. business investment downturn could pressure slowing economy

U.S. business investment downturn could pressure slowing economy

U.S. business investment contracted more sharply than previously estimated in the second quarter and corporate profit growth was tepid, casting a shadow on an economy that is being stalked by financial market fears of a recession.



7 years ago
Wall Street drops on tech slide, Washington turmoil

Wall Street drops on tech slide, Washington turmoil

Wall Street's main indexes extended declines on Thursday after a report that the United States was unlikely to extend a temporary waiver over Huawei's blacklisting, adding to worries related to an inquiry into the impeachment of President Donald Trump.



7 years ago
Target is the best name in retail and can survive a downturn, says Cowen

Target is the best name in retail and can survive a downturn, says Cowen

Target is the best retailer in the strong consumer economy, and it's prepared in the case of an economic downturn, according to Cowen.

7 years ago