Latest News on private equities market

Oil steady with supply tight, but U.S.-China trade war threatens demand

Oil steady with supply tight, but U.S.-China trade war threatens demand

Oil prices were steady on Monday as U.S.-China trade tensions continued to threaten demand for oil, but tight crude supply and the swift end to a trade dispute between Mexico and the United States offered support.



7 years ago
Renault-FCA merger idea remains good opportunity: France's Le Maire

Renault-FCA merger idea remains good opportunity: France's Le Maire

The idea of a merger between Renault SA and Fiat Chrysler (FCA) remains a good opportunity, but nothing has changed in terms of the conditions the French government has set, French Finance Minister Bruno Le Maire said on Monday.



7 years ago
Nissan CEO got higher stock-linked bonus after payout date changed, former director Kelly says

Nissan CEO got higher stock-linked bonus after payout date changed, former director Kelly says

Nissan Motor Co Ltd Chief Executive Hiroto Saikawa was granted an exception in 2013 to reschedule a stock-linked bonus that bumped up the payout by 47 million yen ($432,382), former Representative Director Greg Kelly told magazine Bungei Shunju.



7 years ago
China's Fosun holds talks to buy Thomas Cook's main holiday business

China's Fosun holds talks to buy Thomas Cook's main holiday business

The world's oldest travel company Thomas Cook edged closer to a break up on Monday after its biggest shareholder, China's Fosun Tourism, made a preliminary approach for the British group's core holiday operations.



7 years ago
Delay the 'dot plot'? Fed policymakers face communications quandary

Delay the 'dot plot'? Fed policymakers face communications quandary

As Federal Reserve policymakers grapple with how to downplay their quarterly "dot plot" projection of interest rates without eliminating it altogether, some are looking at a compromise: delay its release to reduce the chances that analysts treat it as a sneak peek of where Fed policy is heading.



7 years ago
Salesforce to buy big data firm Tableau Software for $15.3 billion

Salesforce to buy big data firm Tableau Software for $15.3 billion

Salesforce.com Inc said on Monday it would buy big data company Tableau Software for $15.3 billion in an all-stock deal, marking the biggest acquisition in the company's history.



7 years ago
Exclusive: Buyout firm Apollo Global in the lead to acquire Shutterfly

Exclusive: Buyout firm Apollo Global in the lead to acquire Shutterfly

Private equity firm Apollo Global Management LLC is in the lead to acquire Shutterfly Inc after making the highest offer for the U.S. digital imaging company, people familiar with the matter said on Monday.



7 years ago
Employees sour on Tesla amid cost-cutting, layoffs

Employees sour on Tesla amid cost-cutting, layoffs

Tesla Inc’s rankings at two high-profile job websites have declined, suggesting that job dissatisfaction at the electric car company is intensifying amid layoffs, strategy shifts and executive turnover.



7 years ago
Opioid drugmaker Insys Therapeutics files for bankruptcy

Opioid drugmaker Insys Therapeutics files for bankruptcy

Drugmaker Insys Therapeutics Inc filed for Chapter 11 bankruptcy protection on Monday, about a week after agreeing to pay $225 million to settle a U.S. probe into bribes it paid to doctors for prescribing a powerful opioid medication.



7 years ago
Oil steady as fate of output pact unclear, U.S.-China trade war lingers

Oil steady as fate of output pact unclear, U.S.-China trade war lingers

Oil prices steadied on Monday as major producers Saudi Arabia and Russia had yet to agree on extending an output-cutting deal and U.S.-China trade tensions continued to threaten demand for crude.



7 years ago
Stocks climb on trade, rate cut optimism; yuan falters

Stocks climb on trade, rate cut optimism; yuan falters

European shares followed Asian stocks higher on Monday after the United States shelved plans to impose tariffs on Mexico and as investors anticipated lower U.S. interest rates when the Federal Reserve meets next week on the back of poor jobs data.



7 years ago
United Technologies, Raytheon both gain on $121 billion merger

United Technologies, Raytheon both gain on $121 billion merger

Stock market investors gave their seal of approval to the $121 billion merger of defense contractor Raytheon Co and United Technologies Corp on Monday, pushing shares of both companies higher after the surprise weekend announcement.



7 years ago
Trump says United Tech, Raytheon deal may hurt competition: CNBC

Trump says United Tech, Raytheon deal may hurt competition: CNBC

U.S. President Donald Trump said on Monday he was a "little concerned" about the $121-billion merger of defense contractor Raytheon Co and United Technologies Corp.



7 years ago
Wall St. opens higher on Mexico relief, M&A cheer

Wall St. opens higher on Mexico relief, M&A cheer

U.S. stocks opened higher on Monday after the United States abandoned plans to impose tariffs on Mexican goods, while a multi-billion dollar deal between United Technologies and Raytheon added to the cheer.



7 years ago
United Technologies expects regulatory approvals by early 2020 for Raytheon deal

United Technologies expects regulatory approvals by early 2020 for Raytheon deal

United Technologies Corp said on Monday it expects to secure regulatory approval by the first quarter of 2020 to combine its aerospace business with U.S. contractor Raytheon Co and create a new company worth about $121 billion.



7 years ago