Latest News on private equities market

Trade tensions weigh on stocks as markets await Fed verdict

Trade tensions weigh on stocks as markets await Fed verdict

Fresh trade war fears weighed on global stocks on Wednesday ahead of a U.S. Federal Reserve meeting with the dollar holding firm and Britain's pound subdued amid rising fears of no-deal Brexit.



7 years ago
Aston Martin slumps to half-year loss as European demand drops

Aston Martin slumps to half-year loss as European demand drops

Luxury British carmaker Aston Martin slumped to a half-year loss as profits were hit by a nearly 20 percent drop in European demand, the latest blow to the automotive sector.



7 years ago
Oil rises for fifth straight day as market awaits Fed, stockpiles fall

Oil rises for fifth straight day as market awaits Fed, stockpiles fall

Oil prices rose for a fifth day on Wednesday, buoyed by a bigger-than-expected drop in U.S. inventories and as investors awaited a widely expected cut in interest rates by the U.S. Federal Reserve, the first in more than 10 years.



7 years ago
EssilorLuxottica eyes bigger global retail network with $8 billion deal for GrandVision

EssilorLuxottica eyes bigger global retail network with $8 billion deal for GrandVision

EssilorLuxottica , the world's largest eyewear maker, announced on Wednesday it is buying Dutch optical retailer GrandVision in a cash transaction worth up to 7.2 billion euros ($8 billion) to expand its global retail network.



7 years ago
UK's Pearson notifies thousands of U.S. students of data breach

UK's Pearson notifies thousands of U.S. students of data breach

British education company Pearson Plc on Thursday said it has notified customers of a data breach that resulted in unauthorized access to about 13,000 school and university accounts, mainly in the United States.



7 years ago
Brazil's Vale dam disasters trigger $2 billion in fresh writedowns

Brazil's Vale dam disasters trigger $2 billion in fresh writedowns

Brazilian miner Vale SA on Wednesday said it swung to a quarterly loss as the company announced more than $2 billion in fresh writedowns related to two deadly dam bursts suffered by the company over a period of less than four years.



7 years ago
Beyond Meat's secondary stock offering priced at $160 per share

Beyond Meat's secondary stock offering priced at $160 per share

Meat alternatives company Beyond Meat Inc said on Wednesday a secondary offering of 3.25 million new shares would be priced at $160 per share, an 18.6% discount to the stock's closing price.



7 years ago
State AGs fighting T-Mobile, Sprint merger request new trial date in Dec

State AGs fighting T-Mobile, Sprint merger request new trial date in Dec

An attorney for the state attorneys general who filed a lawsuit in hopes of stopping T-Mobile U.S. Inc's $26 billion merger with Sprint Corp has requested a new trial date for the case.



7 years ago
Australia's Qantas says it will not trim Alliance stake despite competition concerns

Australia's Qantas says it will not trim Alliance stake despite competition concerns

Australian flag carrier Qantas Airways Ltd said it had no plan to cut its stake in Alliance Airlines, after the competition regulator raised concerns over its acquisition of 19.9% in its rival.



7 years ago
Asian shares falter, dollar jumps as Powell dampens hopes for more rate cuts

Asian shares falter, dollar jumps as Powell dampens hopes for more rate cuts

Asian shares fell to six-week lows on Thursday and the dollar rose after the U.S. Federal Reserve delivered a 25-basis-point rate cut as expected but poured cold water on market expectations of a lengthy easing cycle.



7 years ago
State AGs fighting T-Mobile, Sprint merger request new trial date in December

State AGs fighting T-Mobile, Sprint merger request new trial date in December

An attorney for a group of 13 state attorneys general who filed a lawsuit in hopes of stopping T-Mobile U.S. Inc's $26 billion merger with Sprint Corp has requested a new trial date for the case.



7 years ago
Asian shares seen falling on 'hawkish' Fed outlook

Asian shares seen falling on 'hawkish' Fed outlook

Asian shares were set to open significantly lower on Thursday as the U.S. Federal Reserve poured cold water on market expectations of a lengthy easing cycle after delivering a 25-basis-point cut.



7 years ago
Major U.S. banks lower benchmark interest rates following Fed rate cut

Major U.S. banks lower benchmark interest rates following Fed rate cut

Major U.S. banks lowered their benchmark rates for a wide range of consumer and commercial loans on Wednesday, following a rate cut from the Federal Reserve.



7 years ago
Fed cuts interest rates, signals it may not need to do more

Fed cuts interest rates, signals it may not need to do more

The Federal Reserve cut interest rates on Wednesday, but the head of the U.S. central bank said the move might not be the start of a lengthy campaign to shore up the economy against risks including global weakness.



7 years ago
Qualcomm outlook clouded by Huawei's smartphone gains in China

Qualcomm outlook clouded by Huawei's smartphone gains in China

Qualcomm Inc's quarterly revenue and profit forecast fell short of Wall Street targets, driven by Huawei Technologies Co Ltd's strong gains in the Chinese smartphone market, the U.S. company said, sending its shares down as much as 6%.



7 years ago