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Latest News on private equity markets

NBCUniversal fined $16 million for illegal sales curb in EU

NBCUniversal was fined 14.3 million euros ($15.86 million) by the European Union on Thursday for illegally restricting sales of merchandise linked to films such as "Minions", as the bloc cracks down on practices blocking cross-border online trade.



5 years ago

Futures pare losses after fourth-quarter GDP report

U.S. stock index futures pared some losses on Thursday after data showed domestic economy rose at a 2.1% annualized rate in the fourth quarter, in line with expectations.



5 years ago

Coke, Fuze tea demand drive Coca-Cola's quarterly revenue beat

Coca-Cola Co's quarterly revenue beat market expectations on Thursday, driven by the beverage maker's signature soda, Fuze teas and coffees in North America and emerging markets.



5 years ago

U.S. economy misses Trump's 3% growth target in 2019

The U.S. economy missed the Trump administration's 3% growth target for a second straight year, posting its slowest annual growth in three years in 2019 as the slump in business investment deepened amid damaging trade tensions.



5 years ago

This is the right amount of bitcoin to keep in an investment portfolio

Cryptocurrency isn't a fad. That's according to experts at the TD Ameritrade LINC conference in Orlando, Florida. If investors want to dip a toe into bitcoin, they should aim for this allocation. They should just make sure they know the risks first.

5 years ago

Oil falls 2% on spread of China virus

Oil prices fell on Thursday on concerns over the potential economic impact of the coronavirus that continues to spread worldwide, while the market also considered the possibility of an early OPEC meeting.



5 years ago

Spirit Aero to restart production of 737 MAX parts

Spirit AeroSystems said on Thursday it would gradually restart production of parts for Boeing Co's 737 MAX jets and deliver 216 shipsets in 2020.



5 years ago

Jaguar-Land Rover parent warns of hit to profit from China virus outbreak

The coronavirus outbreak in China could hit profits at luxury car brands Jaguar and Land Rover, parent Tata Motors said on Thursday, the latest company to warn of an impact from the epidemic that has killed 170 people and forced businesses to suspend operations.



5 years ago

Wall St. opens lower as China epidemic raises growth concerns

U.S. stock indexes opened lower on Thursday as the coronavirus epidemic fanned concerns of a slowdown in China's economy, while a mixed batch of earnings from technology firms also weighed on sentiment.



5 years ago

Facebook shares hit by slowest growth in years, higher expenses

Shares of Facebook Inc fell 7% on Thursday after the social media giant posted its slowest quarterly growth since its market debut as expenses mount and warned of continued stagnant growth.



5 years ago

Someone hit Powerball's $396.9 million jackpot. Here's what past big winners said they'd do when they won

With past recipients of huge jackpots, there are some common themes in how they said they'd spend at least some of their windfall, based on a review of recent winners' stated intentions.

5 years ago

Southwest says disappointed with government audit pointing at safety lapses

Southwest Airlines said on Thursday it was disappointed with a government audit that claimed the U.S. carrier failed to prioritize safety by flying millions of passengers on its jets with unconfirmed maintenance records.



5 years ago

Jaguar-Land Rover parent warns of profit hit from coronavirus outbreak

The coronavirus outbreak in China could hit profits at luxury car brands Jaguar and Land Rover, parent Tata Motors said on Thursday, the latest company to warn of an impact from the epidemic that has killed 170 people and forced businesses to suspend operations.



5 years ago

U.S. regulators propose simpler restrictions around bank fund investments

U.S. banks would be able to take large ownership stakes in venture capital funds under proposed rules unveiled Thursday by the Federal Reserve.



5 years ago

Spirit Aero CFO resigns on accounting irregularity, shares fall 7%

Spirit AeroSystems on Thursday said its chief financial officer had resigned after the company identified some accounting irregularities, adding to the woes of the aero-parts maker as it grapples with the 737 MAX crisis.



5 years ago