Latest News on private equities market

China probes small bank shareholdings as risk worries persist

China probes small bank shareholdings as risk worries persist

China is sharpening its scrutiny of small banks' shareholders amid fears that loans from the lenders to big investors could prove a weak point in the country's financial system, jolted by the state's weekend rescue of one lender and recent takeover of another.



7 years ago
China, U.S. officials meet for trade talks in Shanghai

China, U.S. officials meet for trade talks in Shanghai

U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin shook hands with Chinese Vice Premier Liu He before beginning trade talks in Shanghai on Wednesday in a bid to end a year-long trade war.



7 years ago
After $6 billion M&A spree, insurer FWD eyes China foray ahead of IPO

After $6 billion M&A spree, insurer FWD eyes China foray ahead of IPO

Fast-growing insurer FWD is seeking to launch operations in China ahead of a public offering and plans to bolster its non-life business in Asia, its chief executive said, as a potential shake-up looms in the region's insurance sector.



7 years ago

Jamie Dimon's worst fears for the banking industry realized with Capital One data hack

Bank CEOs including Jamie Dimon have been highlighting the risks of a cyberattack for years.

7 years ago
Newer drugs help Eli Lilly top Wall Street quarterly profit estimate

Newer drugs help Eli Lilly top Wall Street quarterly profit estimate

Eli Lilly and Co reported a second-quarter profit that topped Wall Street estimates and raised its 2019 earnings forecast on Tuesday, as higher demand for newer drugs offset increased discounts for the U.S. Medicare program and sales declines of medicines that lost patent protection.



7 years ago

Small energy stock rips higher after investor Mario Gabelli says he is following it

Shares of RPC, Inc., a small oil and gas company based in Atlanta, jump following positive comments from billionaire investor Mario Gabelli.

7 years ago
Oil rises on expectations of Fed rate cut, another U.S. crude drawdown

Oil rises on expectations of Fed rate cut, another U.S. crude drawdown

Oil prices rose on Tuesday, on track to close at a two-week high, on optimism the U.S. Federal Reserve will cut interest rates this week for the first time in more than 10 years, boosting demand expectations in the world's biggest oil user.



7 years ago

How to protect yourself from a breach even if you're not a Capital One customer

Experts recommend taking steps to prevent criminals from using your personal information to open an account in your name.

7 years ago
Ralph Lauren says North America sales to come under pressure; shares fall

Ralph Lauren says North America sales to come under pressure; shares fall

Ralph Lauren Corp said it expects sales in North America for the rest of the year to be pressured by a tough retail environment and weakness in spending by foreign tourists, sending its shares down about 4%.



7 years ago

Parents are exploiting this legal loophole to get their kids more need-based college financial aid

Some parents are exploiting a legal loophole so that their children can declare themselves as financially independent from them, likely enhancing their eligibility for federal, state and university aid, according to ProPublica.

7 years ago
Xerox cuts full-year revenue forecast, shares fall

Xerox cuts full-year revenue forecast, shares fall

Xerox Corp posted a better-than-expected quarterly profit on Tuesday, but cut its full-year revenue forecast citing organizational changes, primarily in North America.



7 years ago
Shares in plant-based burger maker Beyond Meat slide on stock offering

Shares in plant-based burger maker Beyond Meat slide on stock offering

Shares in meat alternatives company Beyond Meat slid on Tuesday, a day after the company known for its pea-based burgers and sausages announced a stock offering plan to raise capital just three months after going public.



7 years ago
Trump's warnings to China weigh on stocks, sterling falls

Trump's warnings to China weigh on stocks, sterling falls

A gauge of global stock markets edged lower after a warning from U.S. President Donald Trump to China as bilateral trade talks began on Tuesday, while concerns over a no-deal Brexit dragged on sterling for a fourth day.



7 years ago
D.R. Horton expects lower incentive spending to boost margins

D.R. Horton expects lower incentive spending to boost margins

No.1 U.S. homebuilder D.R. Horton Inc on Tuesday said it expects lower incentive spending and strong buyer demand to benefit margins, sending its shares up about 6%.



7 years ago
Ralph Lauren hints at weakness in North America business, shares fall

Ralph Lauren hints at weakness in North America business, shares fall

Ralph Lauren Corp said on Tuesday it expects full-year sales in North America to be pressured by a tough retail environment and weakness in spending by foreign tourists, overshadowing upbeat quarterly earnings and sending its shares down about 4%.



7 years ago