Latest News on private equities market

Firms look to attract and retain tomorrow's financial advisors

As the nation's financial advisors start to age out of the workplace, the industry is facing the fact that the number of graduates from university and college financial planning programs won't come near to replacing them.

5 years ago

Futures lower on Iran tensions, trade worries

U.S. stock futures were pulled lower by Iran tensions and trade worries on Tuesday, with investors focusing on Federal Reserve officials for more clarity on interest rates.



5 years ago

AbbVie to buy Botox-maker Allergan in $63 billion deal

Drugmaker AbbVie Inc said on Tuesday it would buy Botox-maker Allergan Plc for about $63 billion, grabbing control of by far the biggest name in medical aesthetics to help reduce its reliance on blockbuster arthritis treatment Humira.



5 years ago

UK watchdog wants more detail on Facebook's Libra coin plan

There was "insufficient" detail to understand Facebook's plans to expand into payments and launch its own Libra coin, Britain's Financial Conduct Authority (FCA) said on Tuesday.



5 years ago

Disney in talks to invest in Indonesia's largest media firm: source

Media Nusantara Citra is not in talks with Disney over an investment in one of the Indonesian media group's companies, president and founder Hary Tanoesoedibjo said on Tuesday.



5 years ago

European watchdogs demand detail on Facebook's cryptocurrency

Facebook's fledgling cryptocurrency faced mounting scrutiny on Tuesday as European central bankers and regulators demanded more detail on the social media giant's Libra project.



5 years ago

Traton trading at mid-point of IPO range in gray market

Shares in Volkswagen's truck unit Traton were trading on the gray market at around the mid-point of its initial public offering price (IPO) range ahead of its market debut on Friday.



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GrubHub shares jump after Citi upgrades to buy, citing delivery efficiency and partnerships

Citi upgraded its rating of GrubHub shares to buy from neutral on Tuesday.

5 years ago

SpaceX caught the nose cone of its Falcon Heavy rocket for the first time in the net of a boat

SpaceX used its high speed boat called "Ms. Tree" to catch the nosecone its Falcon 9 rocket after Monday's launch.

5 years ago

Warren Buffett denies tensions with his partner in troubled Kraft Heinz, supports new Kraft CEO

Buffett says he has no tensions with 3G Capital, Berkshire Hathaway's partner in troubled Kraft Heinz. 3G co-founder Jorge Paulo Lemann is "a good friend," he adds.

5 years ago

Wall St. opens flat ahead of Fed speeches

U.S. stocks opened flat on Tuesday, as rising tensions in the Middle East and signs that U.S.-China trade talks may generate little progress kept investors on the sidelines, ahead of a handful of speeches by Federal Reserve officials later in the day.



5 years ago

Safety first: markets wary of world politics and policy and dash for bunkers

Gold, Switzerland's franc, Japan's yen, top-rated government bonds, and even bitcoin -- investors have dashed for havens and alternative assets this week as anxiety grows about trade wars, U.S.-Iran tensions and negative interest rates.



5 years ago

Gold soars to six-year high as trade, Iran tensions mount

Trade anxiety and escalating tensions between the United States and Iran sent gold soaring to a six-year high on Tuesday, and saw traders dive back into safe-harbour government bonds and the yen and Swiss franc at the expense of the dollar.



5 years ago