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Latest News on private equity markets

Norwegian Air's shares jump as turnaround takes off

Norwegian Air's turnaround gathered pace last month as the budget carrier removed unprofitable routes from its network and boosted the income from remaining flights, sending its shares up almost 6% in early trade.



5 years ago

Goldman bolsters Marcus staff as Britain spearheads consumer bank push

Goldman Sachs plans to expand its retail brand Marcus in Britain this year with more than 65 new staff, a mobile app and more savings products, as part of the group's global shift towards consumer banking.



5 years ago

Oil prices fall as OPEC+ considers coronavirus action

Oil futures gave up early gains on Thursday despite possible action from the OPEC+ group of producers to counter an expected fall in oil demand as a consequence of the coronavirus outbreak.



5 years ago

Fiat Chrysler profit rises, outlook 'firm' ahead of Peugeot merger

Fiat Chrysler posted a 7% rise in fourth-quarter profit on Thursday, boosted by strong business in North America and better results in Latin America as it headed into a merger with France's PSA .



5 years ago

Twitter notches first $1 billion quarterly revenue, beating estimates; shares jump

Twitter Inc pulled in $1 billion in quarterly revenue for the first time on Thursday, beating expectations as efforts to make its platform more user-friendly brought in more people, and sending its shares up 14% in early trading.



5 years ago

U.S. weekly jobless claims at nine-month low; productivity rebounds

The number of Americans filing for unemployment benefits dropped to a nine-month low last week, suggesting a tightening labor market would continue keep the longest economic expansion in history on track.



5 years ago

Nike carves out South American strategy in consumer focus push

Nike Inc on Thursday said it would partner with some South American distributors, as a part of the footwear maker's wider plan to sell new products directly to consumers faster.



5 years ago

FCA CEO: China disruptions could threaten production at a European plant within two-four weeks

Disruptions to auto parts production caused by the deadly virus outbreak in China could threaten production at one of Fiat Chrysler Automobiles's European plants within two to four weeks, Chief Executive Mike Manley told Reuters.



5 years ago

Stocks rally, safe-haven currencies drop, on China plan to cut tariffs

World equity markets rallied for a fourth day on Thursday, with a bevy of key stock indexes touching fresh peaks, as news that China will soon cut tariffs on some U.S. goods buoyed risk sentiment and pushed safe-haven currencies lower.



5 years ago

U.S. weekly jobless claims hit nine-month low; productivity rebounds

The number of Americans filing for unemployment benefits dropped to a nine-month low last week, suggesting a tightening labor market would continue to keep the longest economic expansion in history on track despite weak business investment.



5 years ago

Huawei sues Verizon over patents; Verizon blasts 'PR stunt'

China's biggest telecommunications equipment maker will square off in court against the No. 1 U.S. wireless carrier over whether Verizon Communications Inc should pay Huawei Technologies Co Ltd for patent infringement.



5 years ago

Yum Brands misses sales, profit estimates as Pizza Hut battles rivals; shares drop

Yum Brands Inc shares fell 4.7% after it reported quarterly same-store sales and profit that missed analyst expectations on Thursday, as stiff competition took a bite out of sales at its Pizza Hut chain in the United States.



5 years ago

ICE makes case for eBay talks following earnings report

New York Stock Exchange owner Intercontinental Exchange Inc (ICE) would "love" to speak with eBay Inc about a potential deal if its management is interested, the company's chief executive said on Thursday following the release of ICE's financial results.



5 years ago

EU antitrust regulator stresses fair rules as Germany, France call for overhaul

Europe's future must be based on fair competition rules, EU antitrust regulators said on Monday, after Germany and France reiterated calls for a speedy overhaul of the bloc's rules to help EU companies better compete with U.S. and Chinese rivals.



5 years ago

Cramer worries about Casper's staggering losses in the 'post-WeWork apocalypse' IPO climate

"This is one of those deals where if they had brought it higher it would have been crushed," CNBC's Jim Cramer said ahead Casper's Thursday debut as a publicly traded stock.

5 years ago