Latest News on private equities market

David Einhorn reveals new positions in Chemours, Dillard's and Scientific Games

David Einhorn revealed on Thursday new positions in three stocks: Chemours, Dillard's and Scientific Games.

7 years ago

Hedge fund manager Einhorn compares Chewy to dot-com bubble poster child Pets.com

Greenlight Capital's David Einhorn compared recent hot IPO Chewy to dot-com bubble poster child Pets.com in his quarterly letter to clients.

7 years ago
Wall St. declines on weak earnings reports; ECB disappoints

Wall St. declines on weak earnings reports; ECB disappoints

U.S. stocks slipped on Thursday after a handful of disappointing earnings pointed to a slowing global economy and as European Central Bank signaled monetary policy easing in the future, underwhelming investors who had expected more.



7 years ago
U.S. business investment stabilizing, economy slowing

U.S. business investment stabilizing, economy slowing

New orders for key U.S.-made capital goods surged in June, suggesting some improvement in business investment, but economic growth is still expected to have slowed sharply in the second quarter amid weaker exports and a smaller inventory build.



7 years ago

Normally sedate charity lunch with Warren Buffett is turning into bizarre affair this year

Justin Sun, a Chinese cryptocurrency entrepreneur who paid a record $4.57 million to dine with Warren Buffett, abruptly apologized for his "out-of-control, excessive self promotion."

7 years ago
Dow cuts 2019 spending forecast on U.S.-China trade tensions

Dow cuts 2019 spending forecast on U.S.-China trade tensions

Dow Inc forecast current-quarter revenue below analysts' expectations on Thursday and cut 2019 spending as chemical companies grapple with U.S.-China trade dispute and an oversupply of chemicals used to make plastics.



7 years ago

A trader is making a big bet on a scary market downturn in the next four weeks

Jon Najarian explains a big bet being made on a sudden drop in stocks.

7 years ago
No timeline for Boeing 737 MAX return to service: FAA official

No timeline for Boeing 737 MAX return to service: FAA official

The U.S. Federal Aviation Administration has no specific timeline for the return to service of Boeing Co's 737 MAX, which has been grounded following two deadly crashes, the agency's acting administrator said on Thursday.



7 years ago
Tesla shares, bonds under pressure as Musk changes tune on profit

Tesla shares, bonds under pressure as Musk changes tune on profit

Shares of Tesla Inc sank 14% on Thursday and its bonds traded lower, a day after the electric carmaker said it needed more time to turn a profit, reported lower margins and announced the departure of a key executive.



7 years ago
Gazprom gets bids worth $3.15 billion for sale of own shares

Gazprom gets bids worth $3.15 billion for sale of own shares

Gazprom , the world's biggest conventional gas producer, said on Thursday it had received bids worth 198.89 billion roubles ($3.15 billion) for 3% of its own shares that it is selling into the market.



7 years ago
Wall Street dips at open as coporate earnings point to slowing growth

Wall Street dips at open as coporate earnings point to slowing growth

Wall Street opened slightly lower on Thursday after a clutch of earnings reports pointed to a slowing global economy, while the European Central Bank opening the door to future interest rate cuts limited losses.



7 years ago
Four automakers, California strike compromise on vehicle emissions

Four automakers, California strike compromise on vehicle emissions

Ford Motor Co, BMW AG, Volkswagen AG and Honda Motor Co said on Thursday they have reached a voluntary agreement with the state of California to adopt compromise vehicle emissions rules.



7 years ago
American Airlines sees $400 million pretax hit in 2019 from 737 MAX grounding

American Airlines sees $400 million pretax hit in 2019 from 737 MAX grounding

American Airlines Group Inc said on Thursday it expected the Boeing 737 MAX grounding to hit its 2019 pretax earnings by about $400 million, sending shares down about 1%, even as a strong passenger demand lifted quarterly revenues.



7 years ago
Tesla set to lose over $5 billion in value after pushing profit timeline

Tesla set to lose over $5 billion in value after pushing profit timeline

Shares of Tesla Inc fell 11 percent on Thursday and were set to knock off more than $5 billion in the electric carmaker's market value, a day after it disappointed Wall Street by pushing its profit timeline once again.



7 years ago

Relieved analysts praise Facebook's bang-up results, raise price targets

Brokerages were unanimous in their praise of Facebook after it reported second-quarter profit nearly 6% above estimates

7 years ago