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Latest News on private equity markets

NYSE owner Intercontinental Exchange explores taking over eBay: sources

Intercontinental Exchange Inc (ICE), the owner of the New York Stock Exchange, has reached out to eBay Inc to explore a potential combination with the e-commerce company, people familiar with the matter said on Tuesday.



4 years ago

Nike warns of financial impact from coronavirus outbreak

Nike Inc said on Tuesday the coronavirus outbreak in China would have a financial impact on its operations in the country, its biggest growth market, sending the footwear maker's shares down 3%.



4 years ago

Boeing will not cancel CEO incentive award tied to 737 MAX return

Boeing Co told U.S. lawmakers it will not cancel an incentive award for its new chief executive tied to the return of its grounded 737 MAX return despite criticism from Congress, according to a letter made public Tuesday.



4 years ago

Ford shares slide after weaker-than-expected 2020 forecast

Ford Motor Co shares nosedived on Tuesday after it handed investors a weaker-than-expected 2020 forecast, warning that quality problems, lower profits at its credit arm and continued investments in unprofitable self-driving cars would weigh down profits.



4 years ago

Tesla rally fueled by fear of missing out, not short squeeze - investors

A nearly 14% gain in Tesla Inc's stock on Tuesday was likely sparked by investors looking to hop aboard its remarkable rally, rather than a reversal of bearish bets, an analysis of positioning dynamics showed.



4 years ago

Musk's Tesla stake worth $30 billion after electrifying stock surge

Tesla is making Elon Musk a lot richer without paying him a dime.



4 years ago

Baby Yoda powers Disney streaming subscriptions to fast start

Walt Disney Co's new streaming service Disney+ reached 28.6 million paying subscribers this week, the company said on Tuesday as it reported quarterly earnings that beat Wall Street forecasts.



4 years ago

Asian stocks perk up, safe-havens pullback on hopes for China stimulus

Asian stocks steadied on Wednesday on hopes of additional Chinese stimulus to lessen the economic impact of a coronavirus outbreak, but risks remain as the illness continues to spread and the death toll neared 500.



4 years ago

Trump administration to meet on Huawei export curbs after Pentagon pushback: sources

The Trump administration is planning to meet later this month to discuss efforts to further limit exports to China and its flagship telecoms company Huawei, as it seeks to keep state-of-the-art U.S. technology out of the hands of adversaries, two sources familiar with the matter said.



4 years ago

Ford shares dive after carmaker posts fourth-quarter loss, disappointing 2020 outlook

Investors sent Ford Motor Co shares skidding on Tuesday after the company delivered a weaker-than-expected 2020 forecast, warning of higher warranty costs, lower profits at its credit arm and continued investments in future technology such as self-driving cars.



4 years ago

American, United suspending U.S. flights to and from Hong Kong through February 20

American Airlines Group and United Airlines on Tuesday both said they are suspending all flights to and from Hong Kong.



4 years ago

Oil prices climb as OPEC, allies weigh output cuts to cushion coronavirus impact

Oil prices rose on Wednesday, reversing out of a 1% slump in the previous session, boosted by producers weighing further output cuts to counter a potential squeeze on global oil demand resulting from China's fast-spreading coronavirus.



4 years ago

Intercontinental Exchange says it explored deal with eBay

Intercontinental Exchange Inc (ICE), the owner of the New York Stock Exchange, said on Tuesday it had approached e-commerce company eBay Inc to explore "a range of potential opportunities".



4 years ago

Asian shares up as China stocks edge higher but caution prevails

Asian stocks steadied on Wednesday as Chinese stocks nudged higher on hopes of additional stimulus to lessen the economic impact of a coronavirus outbreak, but risks remain as the illness continues to spread and the death toll neared 500.



4 years ago

Credit Suisse revisits ex-U.S. employee's spying claim

Lawyers for Credit Suisse last week re-interviewed a former bank executive who said the Swiss lender had her followed in New York, according to a person familiar with the matter, weeks after the company dismissed her allegation as baseless.



4 years ago