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Latest News on private equity markets

VW's Audi making progress in talks on cost cuts: spokesman

Talks with labor representatives on cutting costs at Volkswagen's luxury car unit Audi are making progress, an Audi spokesman said on Tuesday.



4 years ago

Uber's carpool pricing strategy revealed by Chicago fare data

How much ride-hailing companies Uber and Lyft charge customers throughout a day is one of the most closely held secrets in Silicon Valley.



4 years ago

Cowen upgrades Chipotle and names it a 'best idea' for 2020 because of digital sales

Cowen upgraded shares of Chipotle to outperform from market perform and hiked its price target to $970 per share from $800 per share.

4 years ago

Dollar Tree quarterly sales beat expectations

Discount store operator Dollar Tree Inc reported better-than-expected quarterly sales on Tuesday, as revamped stores and new products drew more shoppers to its namesake and the Family Dollar chain.



4 years ago

Audi strikes deal with workers to slash 9,500 jobs

Audi on Tuesday announced a major restructuring scheme, slashing around 9,500 jobs until 2025 in an effort to adopt production to the e-mobility era and achieve billion-euro cost savings.



4 years ago

Stock futures flat with focus on progress in trade talks

U.S. stock index futures treaded water on Tuesday, a day after Wall Street closed at record highs, as investors waited for the latest on the trade talks between the United States and China.



4 years ago

Best Buy forecasts strong holiday-quarter profit; shares jump 5%

Best Buy Co Inc forecast fourth-quarter profit above Wall Street estimates on Tuesday, pointing to hopes of strong demand in the crucial holiday shopping season and sending the shares of the biggest U.S. tech retailer up nearly 5%.



4 years ago

Audi to cut 9,500 jobs by 2025: source

Volkswagen's luxury car unit Audi is planning to cut 9,500 jobs by 2025, a person close to the matter said.



4 years ago

London Stock Exchange shareholders vote on $27 billion Refinitiv deal

London Stock Exchange shareholders met on Tuesday to vote on the exchange's $27 billion takeover of analytics and data company Refinitiv, a deal designed to broaden LSE's trading business and make it a major distributor of market data.



4 years ago

Oil gains as optimism returns to U.S.-China trade talks

Oil prices rose on Tuesday on hopes of progress toward a trade agreement between the United States and China, the world's biggest oil users, and predictions of a draw on U.S. crude inventories.



4 years ago

Audi gives job guarantees in Germany until 2029: sources

Volkswagen's luxury car unit Audi has agreed to give employment guarantees until 2029 in its home-market Germany, two people close to the matter said.



4 years ago

The Dallas Fed president believes ballooning debt could suddenly become a big issue for economy

"If you get two or three BBB-credit downgrades to BB or B, that could lead to a rapid widening in credit spreads," Kaplan warned.

4 years ago

What Mallika Chopra learned from her famous dad, Deepak Chopra, about money and stress

Kids pick up on their parents' anxiety, says wellness expert Mallika Chopra. Here's how to help them cope.

4 years ago

Abercrombie & Fitch reports rise in Abercrombie same-store sales

Abercrombie & Fitch Co reported a better-than-expected 3% rise in same-store sales at its flagship brand on Tuesday, but said tariffs would hurt gross profit in the current quarter.



4 years ago

Dollar Tree holiday-quarter forecast disappoints as tariffs bite; shares fall

Dollar Tree Inc on Tuesday forecast holiday-quarter profit below Wall Street expectations, as the discount store operator expects a hit from U.S. tariffs on Chinese imports, sending its shares down about 8% before the opening bell.



4 years ago