Latest News on private equities market

Apple woos investors with China gain, market value nears $1 trillion

Apple woos investors with China gain, market value nears $1 trillion

Shares of Apple Inc rose 4.2% on Wednesday, after the company calmed Wall Street nerves with an improvement in sales in China and as several brokerages predicted a boost from its services business and the launch of new iPhones in the second half of 2019.



7 years ago
Trade tensions drag on stocks as markets await Fed verdict

Trade tensions drag on stocks as markets await Fed verdict

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



7 years ago
Fiat Chrysler CEO says it has strong momentum into second half

Fiat Chrysler CEO says it has strong momentum into second half

Fiat Chrysler enters the second half of the year with strong momentum, especially in North America and Latin America, Chief Executive Mike Manley said on Wednesday.



7 years ago
Fiat Chrysler defies slowdown thanks to North America performance

Fiat Chrysler defies slowdown thanks to North America performance

Fiat Chrysler took the market by surprise by sticking to its full-year profit guidance on Wednesday after a strong performance from its RAM pick-up brand in North America helped it to defy an industry slowdown.



7 years ago
Baker Hughes beats estimates on international demand, LNG activity

Baker Hughes beats estimates on international demand, LNG activity

General Electric Co's oilfield services arm, Baker Hughes, reported a better-than-expected profit, helped by higher LNG markets activity and a rise in international demand for oilfield services, sending its shares up more than 5%.



7 years ago

GE CFO Jamie Miller stepping down: 'The time is right for my transition'

General Electric says Miller will remain with the company during the leadership transition.

7 years ago
Baker Hughes profit beats on higher international demand, LNG activity

Baker Hughes profit beats on higher international demand, LNG activity

Baker Hughes, General Electric Co's oilfield services arm, reported a better-than-expected quarterly profit on Wednesday, helped by higher activity in LNG markets and rise in international demand for oilfield services.



7 years ago
Latest U.S.-China trade talks 'constructive', Beijing says

Latest U.S.-China trade talks 'constructive', Beijing says

U.S. and Chinese negotiators wrapped up a brief round of trade talks on Wednesday that Beijing described as "constructive", including discussion of further purchases of American farm goods and an agreement to reconvene in September.



7 years ago
GM faces declining sales and price wars in largest markets

GM faces declining sales and price wars in largest markets

General Motors Co's investors will see on Thursday how the Detroit carmaker is weathering declining sales and mounting price pressures in its largest markets when it reports second-quarter earnings.



7 years ago
Futures drift higher on Apple results; Fed rate decision awaited

Futures drift higher on Apple results; Fed rate decision awaited

U.S. stock index futures edged higher on Wednesday, as trade worries eased after Apple reported upbeat earnings and forecast, while investors awaited an almost certain cut in interest rates by the Federal Reserve.



7 years ago
GE posts loss, takes Boeing hit but raises forecast; CFO to leave

GE posts loss, takes Boeing hit but raises forecast; CFO to leave

General Electric Co swung back to a financial loss in the second quarter, as the cost of restructuring its ailing power business and the grounding of a Boeing Co jetliner model drained more cash than expected from GE's otherwise profitable industrial units.



7 years ago
Spotify revenue beats but adds fewer-than-expected paid subscribers

Spotify revenue beats but adds fewer-than-expected paid subscribers

Spotify Technology SA reported better-than-expected second-quarter revenue on Wednesday, but added fewer paid subscribers than estimated, sending its shares down 2.2% in trading before the bell.



7 years ago
Directors of Australia's Crown Resorts attack 'deceitful campaign' in letter

Directors of Australia's Crown Resorts attack 'deceitful campaign' in letter

Casino operator Crown Resorts on Wednesday dismissed media reports that it flouted visa rules to bring Chinese gamblers to Australia after the government ordered an inquiry into immigration officials' dealings with the company.



7 years ago
Impossible Foods signs major meat supplier to make its plant-based burgers

Impossible Foods signs major meat supplier to make its plant-based burgers

Plant-based burger maker Impossible Foods on Wednesday announced a partnership with major meat supplier OSI Group [OSIGP.UL], a longtime producer of patties for fast-food chains, as it ramps up to meet demand from consumers and restaurants including Burger King.



7 years ago
EssilorLuxottica sets sights on retail dominance with $8 billion GrandVision deal

EssilorLuxottica sets sights on retail dominance with $8 billion GrandVision deal

EssilorLuxottica is buying Dutch opticians group GrandVision for up to 7.2 billion euros ($8 billion) in cash to take control of thousands of stores where it sells spectacles and lenses.



7 years ago