Latest News on private equities market

Wall Street jumps, with tech leading the advance

Wall Street jumps, with tech leading the advance

U.S. stocks jumped on Thursday, led by a more than 2% gain in technology shares, while better-than-expected economic data in the United States and China helped to offset worries about the trade war.



7 years ago
Barrick Gold plans to sell Tongon gold mine in Ivory Coast - BBG

Barrick Gold plans to sell Tongon gold mine in Ivory Coast - BBG

Barrick Gold Corp is looking to sell its Tongon gold mine in the Ivory Coast and is working with Bank of Nova Scotia to identify buyers, Bloomberg said https://www.bloomberg.com/news/articles/2019-08-08/barrick-said-to-weigh-sale-of-tongon-mine-amid-asset-disposals on Thursday.



7 years ago
Broadcom to buy Symantec's enterprise unit for $10.7 billion in software push

Broadcom to buy Symantec's enterprise unit for $10.7 billion in software push

Chipmaker Broadcom Inc will buy Symantec Corp's enterprise security business for $10.7 billion in cash, the antivirus software maker said on Thursday, as it tries to scale up its software business through deals.



7 years ago

Buffett's Berkshire Hathaway has lost almost $5 billion this year on Kraft Heinz's downturn

Buffett's Berkshire Hathaway has lost almost $5 billion this year on its Kraft Heinz stake as the packaged food company's stock continues to fall.

7 years ago

Carl Icahn is not sure rate cuts can fix problems facing the economy, says it can't be that easy

Longtime activist investor Carl Icahn is doubtful rate cuts can simply solve the problems facing the economy.

7 years ago
U.S. small-cap stocks under renewed threat from tariffs

U.S. small-cap stocks under renewed threat from tariffs

Last week's announcement of more U.S. tariffs on Chinese goods may have undermined the prospects for small-cap stocks to rebound this year, even after a brief respite from the Federal Reserve's recent interest-rate cut. Just a day after the Fed cut interest rates for the first time in more than a decade, President Donald Trump vowed on Aug. 1 to impose 10% tariffs on an additional $300 billion of Chinese goods beginning on Sept. 1.



7 years ago
Pngme on SeedInvest

Pngme on SeedInvest

"Pngme aims to be a global mobile finance marketplace connecting lenders and borrowers using blockchain technology. Pngme was founded in 2018 when co-founders Cate and Brendan visited East Africa together. They quickly realized there was an opportunity to lower the cost of credit for businesses in emerging markets by connecting them with capital providers in [...]


The post Pngme on SeedInvest appeared first on Crowditz.


7 years ago
China data, steadying yuan lift futures

China data, steadying yuan lift futures

U.S. stock index futures inched higher on Thursday as better-than-expected Chinese trade data and a steadying of its currency offered some comfort to investors rattled by an escalation in trade tensions and signals pointing to a recession.



7 years ago
Stock markets find a floor as Chinese data soothe nerves

Stock markets find a floor as Chinese data soothe nerves

Stock markets enjoyed a tentative recovery on Thursday after better-than-expected Chinese export data and a steadying of the yuan restored some calm to global markets.



7 years ago

Baby boomers' wealth is 12 times greater compared to millennials. Here's why

The net worth gap between older and younger Americans has grown into a chasm. While the average older household had about seven times the net worth of younger households in 1998, they now have about 12 times the net worth.

7 years ago
Voyage Media on Wefunder

Voyage Media on Wefunder

"We democratize access to Hollywood! Our platform connects storytellers outside of the "Hollywood System" with A-list producers to craft market-ready projects worthy of industry investment. We’ve so far produced 7 films and TV shows (including an Emmy-winner!), executed over 200 deals, and have a thriving pipeline of projects that are partially financed and ready to [...]


The post Voyage Media on Wefunder appeared first on Crowditz.


7 years ago
Lee, Wrangler-maker Kontoor tops estimates on new savings

Lee, Wrangler-maker Kontoor tops estimates on new savings

Kontoor Brands Inc beat expectations for quarterly profit on Thursday as the denim apparel maker's efforts to cut costs post its spinoff from VF Corp paid off, sending shares up over 13%.



7 years ago
Wall Street surges after upbeat economic data

Wall Street surges after upbeat economic data

Wall Street's main indexes were sharply higher on Thursday as better-than-expected domestic and Chinese data as well as a firming yuan offered some relief to investors alarmed by a week of blow and counterblow between Beijing and Washington over trade.



7 years ago
Ryanair to shut Faro base in Portugal in 2020: union

Ryanair to shut Faro base in Portugal in 2020: union

Ryanair has decided to close its base at Faro International Airport in southern Portugal from next year with the loss of at least 120 jobs, the SNPVAC cabin crew union, which had called a strike for Aug. 21-25, said on Wednesday.



7 years ago