Latest News on private equity markets

China virus scare, disappointing earnings drive Wall St. lower

China virus scare, disappointing earnings drive Wall St. lower

U.S. stock indexes fell on Thursday, as mounting worries over a coronavirus outbreak in China, disappointing corporate earnings and weakness in financial stocks prompted investors to hit the brakes after a strong rally this year.



6 years ago
Investor Bill Miller doubles returns in 2019, and says stocks will rise even further in 2020

Investor Bill Miller doubles returns in 2019, and says stocks will rise even further in 2020

Bill Miller came back with a bang in 2019, riding the stock market's relentless rally to record highs. He also thinks there may be more gains in 2020.

6 years ago
Powerball jackpot jumps to $373 million. Why taking a lump sum may backfire

Powerball jackpot jumps to $373 million. Why taking a lump sum may backfire

The winner would face some key decisions that should be made before heading to lottery headquarters to claim their windfall, including whether to take the cash option or go with an annuity.

6 years ago
Speculative space stock Virgin Galactic is up 170% in just two months

Speculative space stock Virgin Galactic is up 170% in just two months

Virgin Galactic shares have been on a blistering run, with analysts seeing multiple factors driving the stock's momentum.

6 years ago
Factbox: Polish video game productions that have hit the jackpot

Factbox: Polish video game productions that have hit the jackpot

Poland's booming video game and esports market was worth $664 million in 2019, according to PwC, and is projected to climb to nearly $850 million over the next four years.



6 years ago
From Communist-era roots to cash cows: Poland's gaming industry takes on the world

From Communist-era roots to cash cows: Poland's gaming industry takes on the world

The drab exteriors of a pair of 1970s buildings in an industrial Warsaw neighborhood belie the hive of high-tech activity inside where developers, screenplay writers and others at leading video game maker CD Projekt hustle to create the next global hit.



6 years ago
Waymo to test autonomous trucks, vans in Texas and New Mexico

Waymo to test autonomous trucks, vans in Texas and New Mexico

Waymo, the self-driving unit of Alphabet Inc , said on Thursday it will start testing autonomous trucks and vans in Texas and New Mexico this week.



6 years ago
U.S. weekly jobless claims rise modestly; labor market solid

U.S. weekly jobless claims rise modestly; labor market solid

The number of Americans filing for unemployment benefits increased less than expected last week, suggesting the labor market continues to tighten even as job growth is slowing.



6 years ago
Southwest sees 737 MAX costs continuing to lash profits this year

Southwest sees 737 MAX costs continuing to lash profits this year

Southwest Airlines Co said on Thursday that the Boeing 737 MAX grounding will continue weighing on its profits in the first quarter and warned that it will likely extend flight cancellations beyond June as the jets look set to remain parked longer than expected.



6 years ago
Tesla overtakes Volkswagen as world's second most valuable carmaker

Tesla overtakes Volkswagen as world's second most valuable carmaker

Tesla Inc has overtaken Germany's Volkswagen as the world's second most valuable carmaker behind Japan's Toyota , as the meteoric rise in the U.S. electric vehicle maker's shares reshuffles the global market.



6 years ago
Britain's Morrisons axes 3,000 management jobs in stores shake-up

Britain's Morrisons axes 3,000 management jobs in stores shake-up

British supermarket group Morrisons plans to cut 3,000 management jobs as part of a workforce restructuring that will create 7,000 frontline jobs in its stores, it said on Thursday.



6 years ago
Wall Street opens lower on virus scare, mixed earnings

Wall Street opens lower on virus scare, mixed earnings

U.S. stocks opened lower on Thursday on rising worries over the coronavirus outbreak in China that prompted a lockdown of two cities in the country, while a mixed bag of results added to the dour sentiment.



6 years ago
Xerox plans to nominate 11 directors to HP's board

Xerox plans to nominate 11 directors to HP's board

Xerox Holdings Corp said on Thursday it plans to nominate 11 independent candidates to HP Inc's board, setting the stage for a proxy fight after the personal computer maker rebuffed its $33.5 billion takeover offer.



6 years ago
Healthy travel demand helps cushion 737 MAX toll for American, Southwest

Healthy travel demand helps cushion 737 MAX toll for American, Southwest

Healthy travel demand should continue to cushion results for American Airlines Group Inc and Southwest Airlines Co , the two said on Thursday, even as the prolonged Boeing 737 MAX grounding continues to hit costs and profits.



6 years ago
P&G sales growth shy of forecasts as slowing birthrate hurts diaper sales

P&G sales growth shy of forecasts as slowing birthrate hurts diaper sales

Procter & Gamble Co on Thursday posted quarterly sales that missed analysts' expectations for the first time in five quarters, hurt by weakness in baby and feminine care products such as Pampers diapers and Tampax tampons.



6 years ago