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Latest News on private equity markets

Wall Street opens higher as report revives trade deal hopes

U.S. stocks opened higher on Wednesday after a report that the United States and China were moving closer to signing a 'phase-one' trade deal.



4 years ago

NOVACAP officially launches its new financial services fund

Novacap | Release | Dec 3, 2019 Novacap is the first private equity firm in Canada to launch a fund dedicated to financial services. MONTREAL, Dec. 3, 2019 /PRNewswire/ - Novacap, one of Canada's leading private equity firms, announced the introduction of a new sector fund and its first closing. Novacap Financial Services I (the "Fund")

4 years ago

UBS recommends these dividend growers to combat a slowing economy, tougher market

UBS found stocks with a current dividend yield greater than 1% and a forecast for strong dividend growth over the next three years.

4 years ago

U.S. private sector job growth at six-month low in November: ADP

U.S. private-sector job growth unexpectedly slowed to its weakest pace in six months in November, and goods producers and construction firms cut jobs, a private survey said on Wednesday.



4 years ago

Start-up Robinhood tops 10 million accounts even as industry follows in free-trading footsteps

The Silicon Valley start-up, mostly used by millennials, has grown rapidly from its 4 million subscribers in the summer of 2018.

4 years ago

[Brookings Institution Event Dec 5]: How to build guardrails for facial recognition technology

Brookings Institution | Dec 4, 2019 Facial recognition technology has raised many questions about privacy, surveillance, and bias. Algorithms can identify faces but do so in ways that threaten privacy and introduce biases. Already, several cities have called for limits on the use of facial recognition by local law enforcement officials. Now, a bipartisan bill

4 years ago

Wealthsimple to spin out advisory service into separate company

Wealthsimple | Isabelle Kirkwood | Dec 2, 2019 Toronto-based FinTech startup Wealthsimple is separating its direct to consumer and Wealthsimple for Advisors businesses and will transition the advisor-focused offering to a new company, BetaKit has learned. “We’re currently focused on identifying the right partner to support your business on a future platform.” Wealthsimple for Advisors

4 years ago

Peloton Christmas ad tagged 'sexist' on social media

Exercise bike and treadmill maker Peloton Interactive Inc's latest Christmas advertisement was widely criticized on social media as being "sexist" and "dystopian".



4 years ago

Trump says trade talks with China going 'very well'

U.S. President Donald Trump said on Wednesday that trade talks with China were going "very well," sounding more positive than on Tuesday when he said a trade deal might have to wait until after the 2020 U.S. presidential election.



4 years ago

Here are the biggest analyst calls of the day: Tesla, Target, Denny's & more

Here are the biggest calls on Wall Street on Wednesday.

4 years ago

Trump says Huawei is a security risk as NATO seeks secure 5G

U.S. President Donald Trump said on Wednesday that Chinese telecommunication firm Huawei was a security risk after NATO said it needed secure next-generation 5G technology.



4 years ago

Oil rises ahead of OPEC output talks

Oil gained on Wednesday ahead of an expected extension to production curbs by OPEC and its allies, with further support from industry data showing a larger than forecast drop in U.S. crude stockpiles.



4 years ago

Portag3 Ventures closes $320 million second fund focused on fintech investment

TechCrunch | Darrell Etherington | Dec 3, 2019 Canadian venture capital firm Portag3 Ventures has closed a second fund focused on investing in fintech startups, with final commitments from institutional and strategic LPs totally $427 million CAD (around $320 million USD). The fund will focus on early-stage investments, and it’ll look to invest in companies

4 years ago

Hyperpartisan politics has entered the small business outlook

From overall economic confidence to concerns about the potential impact of a Trump impeachment, Brexit and government shutdown, owners of businesses across the U.S. are deeply influenced by partisan politics, a new CNBC|SurveyMonkey analysis shows.

4 years ago

U.S. service sector slows more than expected in November

U.S. services sector activity slowed more than expected in November amid lingering concerns about trade tensions and worker shortages, which could revive fears about the economy's health.



4 years ago