Latest News on private equity markets

Intercontinental Exchange abandons deal talks with eBay

Intercontinental Exchange abandons deal talks with eBay

New York Stock Exchange owner Intercontinental Exchange Inc (ICE) said it had decided to stop exploring deal options with eBay Inc , just hours after its chief executive said he would "love" to speak with the e-commerce company.



6 years ago
Juul raises $700 million in debt from investors: source

Juul raises $700 million in debt from investors: source

Juul Labs Inc has raised more than $700 million in convertible debt from investors to fund its operations, a source familiar with the matter told Reuters, as the e-cigarette maker battles growing regulatory scrutiny on vaping.



6 years ago
Uber increases quarterly revenue but food delivery costs eat profit

Uber increases quarterly revenue but food delivery costs eat profit

Uber Technologies Inc drew more customers to its ride-hailing and food delivery business in a boost to its fourth-quarter revenue, but high costs at Uber Eats meant Uber continues to lose money as it tries to outspend competitors.



6 years ago
T-Mobile beats quarterly estimates as Sprint merger decision looms

T-Mobile beats quarterly estimates as Sprint merger decision looms

T-Mobile US Inc beat analysts' estimates for quarterly revenue and profit on Thursday, as the wireless carrier added more mobile phone subscribers to its monthly plans, some of which come bundled with a Netflix Inc service.



6 years ago
Wall St. reaches new highs as China moves to limit coronavirus impact

Wall St. reaches new highs as China moves to limit coronavirus impact

U.S. stocks gained for a fourth straight session on Thursday and Wall Street's main indexes hit record highs as concerns eased over the economic fallout from the coronavirus outbreak in China.



6 years ago
Global automaker supplies threatened by China coronavirus crisis

Global automaker supplies threatened by China coronavirus crisis

The threat from the coronavirus crisis closed in on the global auto industry on Thursday, as Fiat Chrysler Automobiles NV warned that a European plant could shut down within two to four weeks if Chinese parts suppliers cannot get back to work.



6 years ago
Johnson & Johnson ordered to pay $750 million in New Jersey talc case: lawyer

Johnson & Johnson ordered to pay $750 million in New Jersey talc case: lawyer

Johnson & Johnson was ordered on Thursday by a jury in a New Jersey court to pay punitive damages of $750 million to four plaintiffs who allege that the company's Baby Powder caused their cancer, according to a lawyer for the plaintiffs.



6 years ago
Elliott Management builds stake in SoftBank: sources

Elliott Management builds stake in SoftBank: sources

Activist investor Elliott Management Corp has amassed a stake in SoftBank Group and is discussing ways it could boost the value of the Japanese conglomerate, people familiar with the matter told Reuters.



6 years ago
Airbus posts strong January orders, delivers 31 jets

Airbus posts strong January orders, delivers 31 jets

Airbus posted its biggest January order haul in at least 15 years on Thursday as it booked a major leasing order that has been in the pipeline for several months, and carried out 31 aircraft deliveries.



6 years ago
Musk's SpaceX plans IPO for Starlink business

Musk's SpaceX plans IPO for Starlink business

Elon Musk's SpaceX plans to list its space internet venture, Starlink, but not for several years, a company official told Reuters on Thursday.



6 years ago
To counter Huawei, U.S. could take 'controlling stake' in Ericsson, Nokia: attorney general

To counter Huawei, U.S. could take 'controlling stake' in Ericsson, Nokia: attorney general

U.S. Attorney General William Barr said on Thursday the United States and its allies should consider the highly unusual step of taking a "controlling stake" in Finland's Nokia and Sweden's Ericsson to counter China-based Huawei's dominance in next-generation 5G wireless technology.



6 years ago
Investors urged to beware of the Tesla 'fear of missing out' mania

Investors urged to beware of the Tesla 'fear of missing out' mania

Tesla's stock broke records this week and is up around 82% since the beginning of the year, but investors should be cautious about putting too many eggs in one basket.

6 years ago
BlackRock looks for middle ground on shareholder resolution reforms

BlackRock looks for middle ground on shareholder resolution reforms

BlackRock Inc has cited both the value and costs of shareholder proposals in a long-awaited letter to regulators weighing reforms to the proxy process, effectively looking for a middle ground in a hotly contested area of U.S. rulemaking.



6 years ago
There could be a new Elon Musk stock for investors to bet on: SpaceX's Starlink

There could be a new Elon Musk stock for investors to bet on: SpaceX's Starlink

SpaceX is considering spinning off its Starlink satellite business in the next several years, creating a separate company through an initial public stock offering.

6 years ago
Wall Street hits new highs as China moves to limit coronavirus impact

Wall Street hits new highs as China moves to limit coronavirus impact

U.S. stocks gained for a fourth straight session on Thursday and Wall Street's main indexes hit record highs amid growing confidence in China's efforts to contain the economic fallout from the coronavirus outbreak.



6 years ago