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Latest News on private equity markets

S&P 500 earnings swoon now seen extending to fourth quarter

Companies in the S&P 500 index are expected to earn less in the fourth quarter than the year-earlier period, which would mark a second straight quarterly profit decline, according to IBES data from Refinitiv.



4 years ago

Aramco IPO retail subscription at $7.21 billion: lead manager

Retail subscription for Saudi Aramco's initial public offering (IPO) reached 27.04 billion Saudi riyals ($7.21 billion) on Tuesday, lead manager Samba Capital said.



4 years ago

Cramer, outspoken about Tesla stock and Elon Musk, says he's ready to buy his wife a Model X

"I give up. The car is too damn great," explains the "Mad Money" host, after tweeting at Elon Musk: "Had a fantastic ride in the Model X."

4 years ago

U.S. consumer confidence ebbing; housing market firming

U.S. consumer confidence fell for a fourth straight month in November amid worries about current business conditions and employment prospects, but remained at levels sufficient to support a steady pace of consumer spending.



4 years ago

Fed's Brainard calls for 'flexible' average inflation target

The Federal Reserve should move from a strict 2% inflation target to a broad, "flexible" promise that it would average that level over time, a key member of the U.S. central bank's board of governors said on Tuesday in one of the most explicit endorsements yet for changes in its monetary policy framework.



4 years ago

'Adjust your location quickly' — How China warns residents before rockets crash down from space

A shower of Chinese rocket debris after a launch crushed buildings in the rural Sichuan province and was captured on a video.

4 years ago

NYSE seeks to let direct listings raise capital in IPO alternative

The New York Stock Exchange (NYSE) said on Tuesday it had filed with the U.S. Securities and Exchange Commission to allow companies going public to raise capital through a direct listing, instead of an initial public offering.



4 years ago

How living longer can pay off for these retirees

If you're 70½ or older, you must withdraw a certain amount from your traditional retirement accounts each year. However, the amount you're required to take out could change due to longer life expectancies.

4 years ago

Stocks, oil prices edge up on trade talk optimism

Oil prices and a gauge of global stock markets edged higher on Tuesday, lifted by fresh record highs on Wall Street after U.S. President Donald Trump said the United States and China were close to agreeing on the first phase of a trade deal.



4 years ago

S&P 500 earnings swoon seen extending to fourth quarter

Earnings of companies in the benchmark S&P 500 index are expected to decline in the fourth quarter from the year-earlier period, which would mark a second straight quarterly profit drop, according to IBES data from Refinitiv.



4 years ago

Uber drives up prices for shared rides, Chicago data reveals

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

NYSE proposes allowing companies to raise fresh capital in direct listings

The New York Stock Exchange proposed a rule change on Tuesday that would potentially get more companies to follow the path taken by Spotify and Slack.

4 years ago

Wall Street edges higher on trade hopes, Disney boost

U.S. stocks edged higher on Tuesday, building on the prior day's record closing levels, as positive comments by President Donald Trump on trade talks and gains for Disney and Best Buy overshadowed some softer-than-anticipated economic data.



4 years ago

Lincoln electric SUV to use Ford-backed startup's 'skateboard' chassis: sources

A battery-powered Lincoln SUV, due in mid-2022, will be the first Ford Motor Co vehicle built on a custom electrified chassis that resembles a skateboard, which was developed by Ford-backed startup Rivian, according to several people familiar with the program.



4 years ago

Dell misses revenue estimates on weakness in server business

Dell Technologies Inc missed Wall Street estimates for quarterly revenue on Tuesday as its server business wrestled with higher costs and lower demand in a market hit by U.S.-China trade tensions.



4 years ago