Latest News on private equities market

U.S. Trade Representative to submit USMCA ideas to Democrats: source

U.S. Trade Representative to submit USMCA ideas to Democrats: source

The Trump administration on Wednesday will submit to U.S. House of Representatives Democrats its latest proposals for addressing the lawmakers' concerns with the new U.S.-Mexico-Canada trade deal, according to a source familiar with the issue.



7 years ago
Purdue OxyContin settlement would rank among largest in pharma history

Purdue OxyContin settlement would rank among largest in pharma history

OxyContin maker Purdue Pharma LP has reached a tentative multibillion-dollar agreement with some plaintiffs aimed at settling thousands of lawsuits over its alleged role in the U.S. opioid crisis, Reuters reported on Wednesday, citing people familiar with the matter.



7 years ago
Note to Trump: Negative rates have delivered few positive results

Note to Trump: Negative rates have delivered few positive results

U.S. President Donald Trump tweeted with envy on Wednesday about the ultra-low, even negative interest rates in other parts of the world, berating what he called the "boneheads" at the Federal Reserve for not following suit.



7 years ago
Hong Kong Exchange in $39 billion bid for LSE, rivaling Refinitiv deal

Hong Kong Exchange in $39 billion bid for LSE, rivaling Refinitiv deal

Hong Kong Exchanges and Clearing Ltd (HKEX) made a $39 billion takeover approach to the London Stock Exchange Plc on Wednesday, aiming to create a global trading powerhouse and thwart the latter's $27 billion acquisition of financial data provider Refinitiv.



7 years ago
Purdue Pharma reaches tentative opioid settlement with some: sources

Purdue Pharma reaches tentative opioid settlement with some: sources

OxyContin maker Purdue Pharma LP reached a tentative agreement with some plaintiffs to resolve litigation over its alleged role in fueling the U.S. opioid crisis and plans to tussle with states opposing the settlement offer in bankruptcy proceedings as soon as next week, people familiar with the matter said.



7 years ago
AT&T sees weakness in wireless gear unit weighing on third-quarter revenue

AT&T sees weakness in wireless gear unit weighing on third-quarter revenue

AT&T Inc said on Wednesday weakness in its wireless equipment unit could weigh on its third-quarter revenue.



7 years ago
Oracle CEO Mark Hurd to take leave on health grounds; misses quarterly revenue

Oracle CEO Mark Hurd to take leave on health grounds; misses quarterly revenue

Oracle Corp said on Wednesday Chief Executive Officer Mark Hurd would be taking a leave of absence due to health-related reasons, and the business software maker posted first-quarter revenue that missed Wall Street expectations.



7 years ago
Hong Kong Exchange faces uphill battle with $39 billion bid for LSE

Hong Kong Exchange faces uphill battle with $39 billion bid for LSE

Hong Kong Exchanges and Clearing Ltd (HKEX) unveiled a $39 billion takeover approach to the London Stock Exchange Plc (LSE) on Wednesday that received a cool response from investors concerned about its regulatory and financial hurdles.



7 years ago
Trump's call for negative rates threatens savers

Trump's call for negative rates threatens savers

U.S. President Donald Trump's push for low interest rates reached a new pitch on Wednesday, when he demanded the Federal Reserve take the extraordinary step of sending them below zero.



7 years ago
Italy should consider special powers to protect bourse in HK bid on LSE: League

Italy should consider special powers to protect bourse in HK bid on LSE: League

The Italian government should consider using its special powers to safeguard the country's stock exchange in case a bid from Hong Kong Exchange on the London Stock Exchange goes through, a League party's lawmaker said.



7 years ago
Here's how to play the massive transformation taking place in the stock market

Here's how to play the massive transformation taking place in the stock market

A huge rotation out of momentum stocks is underway as investors pile on bets on economically sensitive, cheap stocks.

7 years ago
Here's how many people tapped their retirement plan to buy a house

Here's how many people tapped their retirement plan to buy a house

Some prospective homeowners will do just about anything to buy their first house. Borrowing from a 401(k) plan, selling their belongings and borrowing from family are all possibilities, according to data from Bankrate.com

7 years ago
Lending Loop Surpasses $50 million Milestone and helps thousands of Canadian Businesses and Investors

Lending Loop Surpasses $50 million Milestone and helps thousands of Canadian Businesses and Investors

NCFA Canada on behalf of our partner's Lending Loop | Sep 11, 2019 HAVE YOU EVER SEEN A CHESHIRE CAT SMILE? Well they deserve it. Back in October 2015, NCFA made this introductory video with Cato Pastoll, CEO and Co-Founder of Lending Loop, about a peer to peer lending marketplace for small businesses model that

7 years ago
'Oracle of oil' T. Boone Pickens dies at 91

'Oracle of oil' T. Boone Pickens dies at 91

T. Boone Pickens, a celebrated corporate raider and energy industry magnate who made an empire out of an initial $2,500 investment, died on Wednesday at age 91, his spokesman said.



7 years ago
Trade hopes lift stocks, bond yields up ahead of ECB

Trade hopes lift stocks, bond yields up ahead of ECB

A gauge of global equity markets climbed on Wednesday, amid small signs of progress in the trade war between the United States and China, while bond yields rose as investors remained unsure what stimulus measures the European Central Bank will provide at its Thursday meeting.



7 years ago