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Latest News on private equity markets

Exxon CEO sticks to big spending plan despite weak stock performance

Two years into an ambitious growth plan to revive earnings at the largest U.S. oil company, Exxon Mobil said on Thursday it would stick to its plans to "lean in" to spending even as its shares have lagged its competitors, which are cutting costs.



4 years ago

HP rejects Xerox's raised takeover offer of $35 billion

HP Inc on Thursday rejected Xerox Holdings Corp's raised takeover bid of about $35 billion, saying it undervalued the personal computer maker.



4 years ago

FFCON20 RESCHEDULED JULY 8-9 DUE TO CORONAVIRUS

NCFA | FFCON20 TEAM | March 5, 2020 FFCON20 RESCHEDULED DUE TO CORONAVIRUS Canada’s Foremost Fintech Conference Rescheduled to July 8-9, 2020 TORONTO — March 5, 2020 — The National Crowdfunding & Fintech Association of Canada (NCFA) today announced that its 6th annual Fintech & Financing Conference and Expo (#FFCON20) scheduled to take place March

4 years ago

Here are the indicators that will show when the selling is really over

Strategists at RBC Capital Markets and Credit Suisse think some sentiment, technical and policy signals need to be triggered before a bottom can start forming.

4 years ago

SEC Proposes Rule Changes to Harmonize, Simplify and Improve the Exempt Offering Framework

SEC | Press Release | March 4, 2020 Proposed amendments would provide a more rational framework, eliminate complexity and increase access to capital while preserving and enhancing important investor protections FOR IMMEDIATE RELEASE 2020-55 Washington D.C., March 4, 2020 —The Securities and Exchange Commission today announced that it has voted to propose a set of

4 years ago

Russia can cope with oil price drop if no OPEC cut agreed -Finance Minister

Russia is fiscally prepared to cope with a drop in oil prices, Finance Minister Anton Siluanov said on Thursday, as OPEC tries to convince Moscow to support the market with a deeper output cut in the wake of the coronavirus outbreak.



4 years ago

Kroger's quarterly profit, sales top estimates on private-label strength

U.S. supermarket chain Kroger Co topped fourth-quarter profit and sales estimates on Thursday, boosted by strong demand for its high-margin private-label brands, sending its shares up as much as 7.2%.



4 years ago

Portugal's TAP cancels around 1,000 flights in March-April over coronavirus

Portugal's flag carrier TAP cancelled a total of around 1,000 flights this month and next due to a fall in demand over concerns about the spreading coronavirus, the company said on Thursday, also envisaging an unspecified impact on revenues.



4 years ago

Low rates, warming housing market - is it deja vu for Bank of Canada's Stephen Poloz?

Bank of Canada Governor Stephen Poloz looks ready to end his term where he began, setting interest rates near historic lows to support the broader economy at the risk of stoking higher prices in a housing market that is heating up.



4 years ago

Oil eases as demand worries overshadow OPEC deal to deepen supply cuts

Oil prices edged lower on Thursday as the coronavirus epidemic showed no signs of slowing, with deaths mounting globally, but losses were limited as major producers agreed on deeper output cuts to bolster prices.



4 years ago

3M taps regional suppliers to meet soaring demand for masks

Diversified manufacturer 3M Co has avoided major supply chain disruptions from the coronavirus outbreak by sourcing materials for its protective face masks from regional suppliers instead of far-flung locations, a company official told Reuters.



4 years ago

Kazakhstan says OPEC+ countries yet to reach consensus on extension: TASS

Kazakhstan's Energy Minister Nurlan Nogayev said on Thursday that OPEC and non-OPEC oil exporters have not yet reached consensus on the parameters of an extension on their oil output deal, the TASS news agency reported.



4 years ago

Exxon to push ahead with spending plans despite investor concerns

Two years into an ambitious growth plan to revive earnings at the largest U.S. oil company, Exxon Mobil Corp said on Thursday it would stick to its plans to "lean in" to spending even as its shares have lagged those of competitors, which are cutting costs.



4 years ago

Coronavirus, politics and trade compound problems for Airbus A330neo

Airbus is battling to shore up support for its A330neo wide-body passenger jet as the coronavirus crisis, geopolitics and trade wars raise fresh questions over demand for the aircraft, industry sources said.



4 years ago

Trump may be eligible for a tax break after donating his salary to stop the coronavirus

The president has been donating his pay to federal agencies and recently announced a gift to the Department of Health and Human Services. Here's how giving to the U.S. Treasury could help you save on taxes.

4 years ago