Latest News on private equities market

Passive investing boom could cause a market bubble, but not in the stocks you would expect

Real estate and utilities are the two sectors that have benefited the most from the rise of passive investing vehicles.

7 years ago

Here's why the student loan crisis is far worse for black borrowers

The student debt crisis has hit black borrowers especially hard.

7 years ago
Exact Sciences in advanced talks to buy Genomic Health for $2.8 billion: Bloomberg

Exact Sciences in advanced talks to buy Genomic Health for $2.8 billion: Bloomberg

Cancer diagnostics company Exact Sciences Corp is in advanced negotiations to buy healthcare company Genomic Health Inc for about $2.8 billion to strengthen its cancer testing, Bloomberg reported on Saturday.



7 years ago
Bosch sees car production falling 5% in 2019: report

Bosch sees car production falling 5% in 2019: report

Auto supplier Robert Bosch has revised its forecast for automotive production on Saturday, expecting a 5% fall this year, bigger than an earlier estimate for a 3% decline, the company's chief financial officer told Boersen-Zeitung.



7 years ago
Novartis CEO pledges not to sell Sandoz generics unit

Novartis CEO pledges not to sell Sandoz generics unit

Novartis Chief Executive Vas Narasimhan pledged in an interview published on Saturday not to sell the Swiss drugmaker's generics unit Sandoz amid a revamp that has prompted speculation he is preparing to offload the business.



7 years ago
Pfizer in talks to merge off-patent drugs business with Mylan -source

Pfizer in talks to merge off-patent drugs business with Mylan -source

Pfizer Inc is in talks to merge its off-patent drugs business with Mylan NV in a stock deal, according to a source familiar with the matter.



7 years ago
Pfizer in talks to merge off-patent drugs business with Mylan

Pfizer in talks to merge off-patent drugs business with Mylan

Pfizer Inc is in talks to merge its off-patent drugs business with Mylan NV in a stock deal, the Wall Street Journal reported on Saturday, citing people familiar with the matter.



7 years ago
U.S. Department of Justice approves T-Mobile, Sprint tie-up

U.S. Department of Justice approves T-Mobile, Sprint tie-up

The U.S. Justice Department said it was greenlighting T-Mobile US Inc's request to acquire rival Sprint Corp after the companies agreed to divest Sprint's prepaid businesses including Boost Mobile to Dish Network Corp in an effort to create a new wireless competitor.



7 years ago
N.Y. Fed model raises U.S. third quarter GDP view above 2%

N.Y. Fed model raises U.S. third quarter GDP view above 2%

U.S. economy is growing faster in the third quarter than previously thought based on this week's June data on durable goods orders and new home sales, the New York Federal Reserve's Nowcast model showed on Friday.



7 years ago
Wall Street Week Ahead: Even if Fed cut is a given, Powell seen as wild card for stock market

Wall Street Week Ahead: Even if Fed cut is a given, Powell seen as wild card for stock market

U.S. Federal Reserve Chairman Jerome Powell will have to walk a fine line to avoid roiling the stock market next week, even if the central bank delivers on expectations and lowers interest rates for the first time in more than a decade.



7 years ago
China's Wanda Sports raises $190.4 million in downsized IPO

China's Wanda Sports raises $190.4 million in downsized IPO

Wanda Sports Group , a sport events owner whose interests include selling sponsorship rights to the FIFA World Cup, said on Friday it priced a smaller-than-expected U.S. initial public offering (IPO) below its targeted range to raise $190.4 million. The Beijing-based company, a unit of Chinese conglomerate Dalian Wanda Group, sold about 23.8 million American depositary shares (ADS) at $8 each, compared with a previously stated target of selling 28 m



7 years ago

Millennials aren't thinking about this risk to their finances

Life insurance is probably the last thing on your mind if you're in your 20s and 30s. Surprise — those are probably prime years for buying coverage. Here's what you should know.

7 years ago
U.S. Justice Department approves Sprint, T-Mobile merger

U.S. Justice Department approves Sprint, T-Mobile merger

The U.S. Justice Department said on Friday it is approving T-Mobile US Inc's takeover of rival Sprint Corp, clearing a major hurdle to a deal that would merge the nation's third and fourth largest wireless carriers.



7 years ago
Oil steadies as Gulf tensions offset U.S. economic data

Oil steadies as Gulf tensions offset U.S. economic data

Oil prices steadied on Friday and were on track for a weekly increase as geopolitical tensions in the Middle East and concerns over the safety of oil transport in the Gulf countered slowing U.S. economic growth amid a U.S.-China trade war.



7 years ago
Wall Street nears record high on upbeat earnings, GDP data

Wall Street nears record high on upbeat earnings, GDP data

U.S. stocks inched closer to record levels on Friday, boosted by robust earnings from Google-owner Alphabet and Intel, and data that showed the domestic economy slowed lesser than expected in the second quarter.



7 years ago