Latest News on private equities market

Don't expect Mom and Dad to clue you in on your inheritance

Don't expect Mom and Dad to clue you in on your inheritance

Not even charitable giving is immune to family bickering and conflict. Children and grandchildren tend to be left out of older investors' philanthropic planning, according to Key Private Bank.

7 years ago
Southwest passengers get no damages for flights canceled by de-icer shortage: U.S. judge

Southwest passengers get no damages for flights canceled by de-icer shortage: U.S. judge

Southwest Airlines Co won the dismissal of a proposed class-action lawsuit seeking damages for stranded passengers on hundreds of winter flights it was forced to cancel because it ran out of de-icer fluid.



7 years ago
FedEx is plunging 14% and Wall Street analysts are bailing on the stock

FedEx is plunging 14% and Wall Street analysts are bailing on the stock

Four Wall Street firms downgraded FedEx after the company's poor earnings report.

7 years ago
Majority of London FinTechs not prepared for no-deal Brexit

Majority of London FinTechs not prepared for no-deal Brexit

Business Cloud | Alistair Hardaker | Sep 13, 2019 Only a few firms said they are now prepared for a potential crash out of the EU next month Most London FinTech firms are not prepared for the fallout of a no deal Brexit, says a new report. More than three quarters, (78 per cent) of

7 years ago
Here's what every major Wall Street economist thinks the Federal Reserve will do today

Here's what every major Wall Street economist thinks the Federal Reserve will do today

Wall Street economists think the Fed will cut rates by 25 basis points at its September meeting but have differing views about what will happen in the future.

7 years ago
FedEx tumbles 13% on weak 2020 outlook, brokers cut price targets

FedEx tumbles 13% on weak 2020 outlook, brokers cut price targets

Shares of FedEx Corp fell about 13% on Wednesday after the package delivery company slashed its 2020 profit outlook, blaming trade tensions and its split with client-turned-competitor Amazon.com .



7 years ago
Wall Street edges lower as FedEx profit warning drags; Fed in focus

Wall Street edges lower as FedEx profit warning drags; Fed in focus

U.S. stocks came under pressure on Wednesday after FedEx issued a profit warning, while investors waited for the Federal Reserve's decision on interest rates in what has been a rocky week for global markets.



7 years ago
Why this triple tax-advantaged account might beat your 401(k) plan

Why this triple tax-advantaged account might beat your 401(k) plan

Used correctly, your health savings account can help you save on taxes in the present and the future. Here's how.

7 years ago
Instant view: U.S. fed funds rate breaks above Fed's target range

Instant view: U.S. fed funds rate breaks above Fed's target range

A key interest rates the Federal Reserve aims to influence to control monetary policy broke above the top-end of the central bank's target range for the first time since the global credit crisis more than a decade ago.



7 years ago
Airbus revises up jet demand forecast, shaves traffic growth

Airbus revises up jet demand forecast, shaves traffic growth

Airbus on Wednesday revised up forecasts for jetliner demand over the next 20 years, led by growth in the new industrial hubs of Asia despite short-term concerns over global trade tensions.



7 years ago
Oil retreats on Saudi supply reassurance, Fed in limelight

Oil retreats on Saudi supply reassurance, Fed in limelight

Oil prices cooled on Wednesday as Saudi Arabia said full oil production would be restored by month's end while caution ahead of an expected U.S. interest rate cut kept wider financial markets in tight ranges.



7 years ago
Britain orders security investigation into Cobham-Advent deal

Britain orders security investigation into Cobham-Advent deal

The $5 billion acquisition of British defence company Cobham by U.S. private equity firm Advent International could be blocked on national security grounds after the government ordered an investigation into the agreed deal.



7 years ago
Japan defense minister: Not aware of any Iran involvement in Saudi attacks

Japan defense minister: Not aware of any Iran involvement in Saudi attacks

Japan has not seen any intelligence that shows Iran was involved in the recent attacks on Saudi Arabian oil facilities, Japan's new defense chief said on Wednesday.



7 years ago
Window closing fast for WeWork parent to launch IPO this year

Window closing fast for WeWork parent to launch IPO this year

WeWork owner The We Company faces strong headwinds in achieving its goal of launching an initial public offering (IPO) by the end of the year after postponing it this month, fund managers and capital markets professionals said.



7 years ago
Explainer: The Fed has a repo problem. What's that?

Explainer: The Fed has a repo problem. What's that?

As if the U.S. Federal Reserve didn't already have enough on its plate heading into its meeting on interest rates this week, chaos deep inside the plumbing of the U.S. financial system has thrown policymakers an unexpected curveball.



7 years ago