Latest News on private equities market

CBS board plans merger talks with Viacom: CNBC

Shares of Viacom Inc rose on Thursday on a report that CBS Corp's board is preparing for merger talks with the media company.



6 years ago

Uber loses $1 billion in quarter, hitting forecast, as revenue rises 20%

Uber Technologies Inc reported a $1 billion loss and a 20% rise in revenue on Thursday in its first quarterly report as a public company, in line with the ride-hailing service's forecasts.



6 years ago

Dell revenue rises 3% as Windows refresh spurs PC demand

Dell Technologies Inc reported a 3% rise in first-quarter revenue on Thursday, as more customers upgraded their systems ahead of Microsoft's planned phase out of Windows 7 and strong performance in its VMware Inc unit.



6 years ago

Equities advance after week-long selloff, bond yields steady

World stock markets climbed for the first time this week on Thursday, giving pause to a multiday selloff on fears of an escalating trade war between the United States and China that has pushed investors into safe-haven bonds and the U.S. dollar.



6 years ago

NBCUniversal latest U.S. media company reconsidering Georgia business over abortion law

NBCUniversal and WarnerMedia on Thursday joined a wave of U.S. media companies, including Walt Disney Co, saying they will reconsider working in Georgia if a new law banning abortions after a fetal heartbeat can be detected takes effect.



6 years ago

NBCUniversal says abortion laws would 'strongly impact' decision on where it films

Comcast Corp's NBCUniversal said if anti-abortion laws in various U.S. states are upheld, it would "strongly impact" where it produces films and television shows in the future.



6 years ago

GE's CEO 'stunned' that factory efficiency drive only just started

General Electric Co's chief executive said on Thursday he was "really stunned" to learn that a major factory had only recently started using lean manufacturing techniques.



6 years ago

Oil falls to two-mth lows on small U.S. crude stock draw, trade war worries

Oil prices fell almost 4% to their lowest in over two months on a smaller-than-expected decline in U.S. crude inventories and fears of a global economic slowdown due to the U.S.-China trade war.



6 years ago

Juul considers opening retail stores in United States: source

Juul Labs Inc is considering opening retail stores in the United States, a source familiar with the matter said on Thursday, a move that would help the controversial company cash in on the booming popularity of its e-cigarettes.



6 years ago

T-Mobile, Sprint considering divesting wireless spectrum: sources

U.S. wireless carriers T-Mobile US Inc and Sprint Corp are considering divesting wireless spectrum, according to two sources familiar with the matter, as the companies work to gain regulatory approval for their merger.



6 years ago

Exclusive: Amazon interested in buying Boost from T-Mobile, Sprint - sources

Amazon.com Inc is interested in buying prepaid cellphone wireless service Boost Mobile from U.S. carriers T-Mobile US Inc and Sprint Corp, according to two sources familiar with the matter.



6 years ago

Dell planning for potential fourth round of U.S. tariffs

Dell Technologies Inc Chief Financial Officer Thomas Sweet said on Thursday that the computer maker has been planning for a potential fourth round of U.S. tariffs on Chinese goods that could impact notebooks and monitors.



6 years ago

Uber loses $1 billion in quarter as costs grow for drivers, food delivery

Uber Technologies Inc reported a $1 billion loss on Thursday as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending revenues up 20% in its first quarterly report as a public company.



6 years ago

Gap cuts profit forecast after 'extremely challenging' quarter; shares slump 11%

Gap Inc cut its 2019 profit forecast and posted the biggest drop in same-store sales in at least three years at its Gap brand, underscoring its struggles to compete with fast-fashion retailers in the face of changing customer preferences.



6 years ago

Dell revenue misses as China softness hits server business

Dell Technologies Inc reported lower-than-expected revenue in the first quarter as its server business declined for the first time in 10 quarters amid economic conditions weighing on demand in China.



6 years ago