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Latest News on private equity markets

Billionaire investor Mark Cuban adds to his Twitter stake as stock market craters

Cuban said on "Halftime Report" that the market has not "hit a level that is really out of line."

5 years ago

Business jet operators see demand surge on U.S. travel restrictions, coronavirus

New U.S. restrictions on Europeans entering the United States are fueling additional bookings for business jet flights, which were already in higher demand this year because of coronavirus, executives said on Thursday.



5 years ago

Oracle's cloud push powers quarterly profit, revenue beat

Growth in cloud business helped Oracle Corp top quarterly profit and revenue on Thursday and said the coronavirus will have "minimal impact" on the fourth-quarter revenue, which is usually skewed toward software licenses rather than hardware.



5 years ago

Slack shares slump on soft outlook, slower growth

Workplace communication platform Slack Technologies Inc forecast a soft revenue outlook for the first quarter on Thursday, sending its shares down more than 20% aftermarket, on a day major U.S. stock indexes went into a tailspin amid coronavirus fears.



5 years ago

AT&T waives data overage fees for home subscribers; Comcast boosts speeds for some users

AT&T Inc said on Thursday it is waiving data overage fees for all home internet users who are not currently on unlimited data plans, citing the coronavirus outbreak, while Comcast Holdings Corp said it was raising data speeds on the internet service it offers low-income people.



5 years ago

Banks remind customers they can bank online amid coronavirus outbreak

Banks are talking up their online and mobile banking capabilities to customers as more Americans look to avoid public places amid the coronavirus outbreak.



5 years ago

Apple reopens all its branded stores in China

Apple Inc has reopened all 42 of its branded stores in China, more than a month after they were shut due to fears over the coronavirus outbreak, the iPhone maker's Chinese website showed on Friday.



5 years ago

Asian markets braced for deeper rout as virus panic worsens

Asia's stocks were poised to plunge further on Friday as panic gripped world financial markets and even safe-haven assets such as gold were ditched to cover losses in the wipeout.



5 years ago

Wall Street sell-off batters bitcoin, pounds palladium as investors go to cash

Crushing asset sell-offs ranging from bitcoin to precious metals and European stocks accompanied Wall Street's slide into bear market territory on Thursday, as investors liquidated positions across their portfolios to raise cash.



5 years ago

Walgreens, Kroger limit purchase of some essential products amid virus outbreak

Pharmacy chain Walgreens Boots Alliance Inc and supermarket chain Kroger Co on Thursday placed purchase limits on certain products to stabilize inventory, as customers stock up on essentials amid a global coronavirus outbreak.



5 years ago

No more nut rage: activist fund takes on family-controlled Korean Air

Days after photos of broken windows and smashed china hit the newsstands revealing a Christmas Day family squabble in the home of Korean Air's late patriarch, an activist fund received an unsolicited offer to help unseat the current chairman.



5 years ago

Gap sees 2020 profit above estimates, flags $100 mln virus hit to sales

Gap Inc leaned on its turnaround plan to forecast 2020 profit above market expectations on Thursday, but flagged a $100 million sales hit in Asia and Europe from the coronavirus, which has also started impacting its home market.



5 years ago

Oil falls a third day, Brent crude set for worst week since 1991

Oil prices fell on Friday for a third day, with Brent crude set for its biggest weekly drop since 1991 and U.S. crude heading for the worst week since 2008 as panic about plunging demand from the coronavirus outbreak grips the market.



5 years ago

World markets plunge deepens as virus panic worsens

Asia's stock markets crashed on Friday as panic gripping world financial markets deepened, and even haven assets such as gold and bonds were ditched to cover losses in the wipeout.



5 years ago

Apple says reopening all its branded stores in China

Apple Inc is reopening all 42 of its branded stores in China on Friday, a company spokesman said, more than a month after they were shut in the wake of the coronavirus outbreak.



5 years ago