Latest News on private equities market

China trade comments boost Wall Street at open

China trade comments boost Wall Street at open

U.S. stocks opened sharply higher on Thursday, as China sounded hopeful of a resolution to the long-standing trade dispute with the United States, allaying investor worries of the risk of a recession.



7 years ago
Exclusive: India to woo foreign firms like Apple to capitalize on U.S.-China trade war

Exclusive: India to woo foreign firms like Apple to capitalize on U.S.-China trade war

India is targeting companies including Apple , Foxconn and Wistron Corp with a charm offensive aimed at encouraging them to shift business out of trade war-hit China, according to a source and a document seen by Reuters.



7 years ago
Dollar Tree's same-store sales exceed Wall Street expectations

Dollar Tree's same-store sales exceed Wall Street expectations

Dollar Tree Inc reported better-than-expected quarterly same-store sales on Thursday as the company's Family Dollar chain posted its best growth since being acquired in 2015.



7 years ago
Best Buy's annual sales outlook misses estimates as tariffs loom

Best Buy's annual sales outlook misses estimates as tariffs loom

Best Buy Co Inc forecast annual same-store sales below analysts' estimates on Thursday, citing new U.S. tariffs set to be imposed on Chinese imports, such as phones, video game consoles and other electronics.



7 years ago
Stock futures jump after China's positive comments on trade

Stock futures jump after China's positive comments on trade

U.S. stock index futures jumped about 1% on Thursday as China sounded upbeat about its trade talks with the United States, calming investors unnerved by the prospect of a recession.



7 years ago
Apple to supply parts to independent repair shops for first time

Apple to supply parts to independent repair shops for first time

Apple Inc said on Friday it will begin selling parts, tools and repair guides to independent shops to fix broken iPhones, a major change after years of lobbying against laws in some U.S. states that would have compelled it to do just that.



7 years ago
AirAsia close to adjusting Airbus order plans: sources

AirAsia close to adjusting Airbus order plans: sources

AirAsia Group Bhd will announce on Friday an adjustment to its large Airbus SE order plans, confirming at least part of its order for A330neos while making room for the A321XLR, two people familiar with the matter said.



7 years ago
U.S. second-quarter GDP growth revised to 2.0%

U.S. second-quarter GDP growth revised to 2.0%

The U.S. economy slowed a bit more than initially thought in the second quarter as the strongest growth in consumer spending in 4-1/2 years was offset by declining exports and a smaller inventory build.



7 years ago
U.S. weekly jobless claims increase slightly

U.S. weekly jobless claims increase slightly

The number of Americans filing applications for unemployment benefits rose moderately, pointing to sustained labor market strength despite slowing economic growth.



7 years ago
Argentina bonds plumb new lows, country risk soars, as govt eyes debt 'reprofiling'

Argentina bonds plumb new lows, country risk soars, as govt eyes debt 'reprofiling'

Argentine country risk soared to levels not seen since 2008 and bond prices lurched to record lows on Thursday after the government announced plans to "reprofile" some debt, leaving investors scrambling to assess what kind of hit they might face.



7 years ago
Thyssenkrupp CEO's last roll of the dice: sell the family silver

Thyssenkrupp CEO's last roll of the dice: sell the family silver

Thyssenkrupp CEO Guido Kerkhoff has little choice but to sell the group's prized elevator division lock, stock and barrel so he can save the conglomerate's remaining businesses, four sources close to the German company said.



7 years ago
Dell beats profit estimates on higher desktop sales; shares rise 9%

Dell beats profit estimates on higher desktop sales; shares rise 9%

Dell Technologies Inc beat Wall Street profit estimates on Thursday, helped by higher demand for desktops, as well as a focus on more profitable contracts within its server unit in China, sending the company's shares up 9% in extended trading.



7 years ago
Dell beats profit estimates on higher desktop sales, shares surge

Dell beats profit estimates on higher desktop sales, shares surge

Dell Technologies Inc beat Wall Street profit estimates on Thursday boosted by a higher demand for its cloud services and personal computers, sending its shares up 6% in extended trading.



7 years ago
SEC fines Juniper Networks more than $11.7 million to settle internal control violations

SEC fines Juniper Networks more than $11.7 million to settle internal control violations

The U.S. Securities and Exchange Commission said on Thursday that it had fined and settled with California-based Juniper Networks, Inc. more than $11.7 mln to resolve charges that it violated the Foreign Corrupt Practices Act (FCPA).



7 years ago
General Electric wins partial dismissal of shareholder lawsuit

General Electric wins partial dismissal of shareholder lawsuit

A federal judge in Manhattan on Thursday partially dismissed a lawsuit by investors in General Electric Co that accused the company of concealing $24 billion in insurance liabilities and using fraudulent accounting to prop up its power business.



7 years ago