Latest News on private equity markets

Elon Musk is as if 'Thomas Edison and Henry Ford made a baby,' analyst says as Tesla stock soars

Elon Musk is as if 'Thomas Edison and Henry Ford made a baby,' analyst says as Tesla stock soars

Morgan Stanley analyst Adam Jonas gave Tesla's Elon Musk high praise on Tuesday.

6 years ago
Gig work balloons over past decade — as do the financial worries

Gig work balloons over past decade — as do the financial worries

The share of workers in the gig economy has grown 15% among American businesses since 2010, and some experts worry about the financial challenges this trend presents.

6 years ago
Bombardier in talks to sell business-jet unit to Textron: WSJ

Bombardier in talks to sell business-jet unit to Textron: WSJ

Canada's Bombardier Inc is in talks to sell its business-jet unit to U.S. maker of Cessna jets, Textron Inc , the Wall Street Journal reported https://www.wsj.com/articles/bombardier-in-talks-to-sell-business-jet-unit-to-textron-11580835712?mod=searchresults&page=1&pos=2, citing people familiar with the matter.



6 years ago
Tesla draws comparisons to past speculative bubbles: 'Stock is going to get absolutely clobbered'

Tesla draws comparisons to past speculative bubbles: 'Stock is going to get absolutely clobbered'

Some investors believe Tesla has ballooned to levels unjustified by its fundamentals.

6 years ago
Google parent Alphabet loses trillion-dollar status after revenue miss

Google parent Alphabet loses trillion-dollar status after revenue miss

Alphabet Inc shares fell 4% on Tuesday after the search giant posted its first holiday-quarter revenue miss in five years, even as new disclosures on the company's smaller YouTube unit were warmly welcomed by Wall Street.



6 years ago
ConocoPhillips misses profit estimates, boosts share buyback by $10 billion

ConocoPhillips misses profit estimates, boosts share buyback by $10 billion

ConocoPhillips boosted its share buyback program by $10 billion on Tuesday even as lower oil and gas prices continued to batter the world's largest independent oil and gas producer's profit.



6 years ago
Ralph Lauren holiday margin gets boost from higher prices for winter wear

Ralph Lauren holiday margin gets boost from higher prices for winter wear

Higher prices for Ralph Lauren Corp's down jackets and fleeces during the crucial holiday season boosted its margin and helped the company beat quarterly profit estimates on Tuesday, sending the fashion house's shares up over 8%.



6 years ago
Top LA real estate agent's $1 million mistake is now his biggest lesson for aspiring entrepreneurs

Top LA real estate agent's $1 million mistake is now his biggest lesson for aspiring entrepreneurs

Aaron Kirman is among America's top real estate agents, but he once made a mistake that cost him $1 million. Now his fumble is his biggest lesson for budding entrepreneurs.

6 years ago
Near retirement? Avoid these 3 hiccups with your health savings account

Near retirement? Avoid these 3 hiccups with your health savings account

If you've been a diligent saver, you've been stashing money into your health savings account to help cover those medical costs in retirement. Here are three things you should know if you're approaching your 60s and have an HSA.

6 years ago
Tesla is jumping yet again, soaring as much as 20% following a 19% surge on Monday

Tesla is jumping yet again, soaring as much as 20% following a 19% surge on Monday

The surge comes a day after Tesla stock climbed nearly 20%, its biggest one-day gain in six years.

6 years ago
Ups and downs: the battle to buy Thyssenkrupp's elevator unit

Ups and downs: the battle to buy Thyssenkrupp's elevator unit

Finland's Kone and private equity firms are battling to buy ThyssenKrupp's prized elevator division worth more than 15 billion euros ($16.6 billion), a deal which would be Europe's biggest private equity deal in 13 years.



6 years ago
Hyundai to halt South Korea output as China virus disrupts parts supply

Hyundai to halt South Korea output as China virus disrupts parts supply

Hyundai Motor will suspend production in South Korea because the coronavirus outbreak has disrupted the supply of parts, it said, becoming the first major carmaker to do so outside of China.



6 years ago
U.S. Federal Reserve bars Goldman Sachs executive from industry for role in 1MDB scandal

U.S. Federal Reserve bars Goldman Sachs executive from industry for role in 1MDB scandal

The U.S. Federal Reserve announced Tuesday it had permanently barred Goldman Sachs executive Andrea Vella from the banking industry for his role in Malaysia's 1MDB scandal.



6 years ago
Stocks surge, oil rebounds on China virus efforts

Stocks surge, oil rebounds on China virus efforts

Crude oil prices rebounded and global equity markets surged on Tuesday as China's efforts to minimize the economic impact from the coronavirus epidemic spurred investors' risk appetite.



6 years ago
Ralph Lauren closes half of China stores on coronavirus outbreak

Ralph Lauren closes half of China stores on coronavirus outbreak

Ralph Lauren Corp said on Tuesday it has shut about half of its 110 stores in China due to the coronavirus outbreak, which has so far killed over 420 people.



6 years ago