Latest News on private equity markets

Goldman Sachs decided to pass on E-Trade before Morgan Stanley snatched it up, sources say

Goldman Sachs decided to pass on E-Trade before Morgan Stanley snatched it up, sources say

Morgan Stanley CEO James Gorman said he has been interested in E-Trade for 20 years, but Goldman decided against pursuing a deal for the brokerage.

6 years ago
Shares of Tesla are popping again, up 7% after another uber bullish call on Wall Street
6 years ago
Manufacturers entangled in logistical nightmare as virus-hit China limps back to work

Manufacturers entangled in logistical nightmare as virus-hit China limps back to work

Blocked highways. Stranded workers. Dwindling supplies. Shipping and air freight companies also hamstrung.



6 years ago
Slowing virus, China stimulus hopes support stocks, yen nurses losses

Slowing virus, China stimulus hopes support stocks, yen nurses losses

Asian stocks edged up on Thursday, supported by a fall in coronavirus cases and expectations of more Chinese stimulus to offset the economic impact of the epidemic, while the Japanese yen nursed heavy losses after suffering its steepest drop in six months.



6 years ago
Oil rises on supply worries, while virus-led demand concerns ease

Oil rises on supply worries, while virus-led demand concerns ease

Oil prices rose nearly 1% on Thursday, extending big gains from a day earlier, as the market worried about crude supply disruptions and demand concerns were cushioned after a sharp drop in new coronavirus cases at the epicenter of the outbreak.



6 years ago
Google plans to move UK users' accounts outside EU jurisdiction

Google plans to move UK users' accounts outside EU jurisdiction

Google is planning to move its British users' accounts out of the control of European Union privacy regulators, placing them under U.S. jurisdiction instead, the company confirmed late on Wednesday.



6 years ago
Lofty stocks, hefty debt sow seeds of worry for some at Fed

Lofty stocks, hefty debt sow seeds of worry for some at Fed

Rock-bottom corporate bond yields, high levels of business debt and one of the fastest expansions of stock market valuations on record are worrying some Federal Reserve officials who fret such financial imbalances could aggravate any negative shocks to the U.S. economy.



6 years ago
China's HNA emerges as recent buyer of A330neo jets amid revamp: sources

China's HNA emerges as recent buyer of A330neo jets amid revamp: sources

Debt-laden HNA Group has restructured jet orders with Europe's Airbus in a compromise deal that includes an order for dozens of A330neo jets, two people familiar with the matter said, amid reports of a wider shake-up at the Chinese conglomerate.



6 years ago
Fresenius Medical says fourth-quarter operating profit up 3%

Fresenius Medical says fourth-quarter operating profit up 3%

Germany's Fresenius Medical Care on Wednesday said quarterly adjusted operating income edged 3% higher as growth in dialysis services and products was partly offset by a negative adjustment for accounts receivable in a legal dispute in North America.



6 years ago
U.S. meeting on Huawei, China policy still on for Thursday despite Trump tweets: sources

U.S. meeting on Huawei, China policy still on for Thursday despite Trump tweets: sources

A meeting of U.S. government officials to discuss further curbs on exports to Huawei and China is still on for Thursday, two sources said, despite a pushback from President Donald Trump against stricter limits on shipments of U.S. products overseas.



6 years ago
Virgin Galactic looks like newest cult stock as short sellers dig in

Virgin Galactic looks like newest cult stock as short sellers dig in

Wall Street's newest cult stock appears to be Richard Branson's Virgin Galactic Holdings Inc , as investors drive the space tourism stock to sky-high levels and short sellers dig in their heels.



6 years ago
Oil up more than 2% on slowing coronavirus cases, U.S. move on Venezuela

Oil up more than 2% on slowing coronavirus cases, U.S. move on Venezuela

Oil prices gained more than 2% on Wednesday as worries eased about demand declining due to the spread of coronavirus cases in China, while supplies tightened as the United States moved to cut off more Venezuelan crude from the market.



6 years ago
Forget Tesla. Wall Street has found a new favorite speculative stock as Virgin Galactic surges 23%

Forget Tesla. Wall Street has found a new favorite speculative stock as Virgin Galactic surges 23%

Virgin Galactic trading has accelerated in a way that tops even the momentum behind Tesla.

6 years ago
S&P 500, Nasdaq hit record closing highs, lifted by China stimulus hopes

S&P 500, Nasdaq hit record closing highs, lifted by China stimulus hopes

The S&P 500 and Nasdaq rose to record closing highs on Wednesday as optimism that China would take more measures to prop up its economy eased concerns about the economic impact of the coronavirus epidemic.



6 years ago
Fed staff float plan to end term-repo after April, minutes show

Fed staff float plan to end term-repo after April, minutes show

Senior Federal Reserve staff proposed ending longer-term loans to banks after April as part of a broader blueprint laying out how the central bank could scale back the support provided to money markets, the minutes from the January policy meeting showed.



6 years ago