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Latest News on private equity markets

Xerox prepares to take HP buyout bid hostile

Xerox Corp said on Tuesday it was planning to take its $33.5 billion buyout bid directly to HP Inc shareholders after the personal computer maker refused to open its books for due diligence before a deadline.



5 years ago

Wall Street opens flat after mixed retail earnings

Wall Street's main stock indexes opened flat on Tuesday, after closing at record highs in the previous session, with a handful of retailers reporting mixed results ahead of the latest batch of consumer confidence data.



5 years ago

China trade deal close, sticking points remain: White House adviser

The United States and China are close to agreement on the first phase of a trade deal, White House adviser Kellyanne Conway said on Tuesday, but three of the biggest sticking points remain.



5 years ago

Dollar Tree shares tank 15% after discount retailer cuts forecast, blaming tariffs

The discount retailer said tariffs slapped on Chinese goods will hit earnings by 6 cents in the fourth quarter.

5 years ago

Don't count on a buyout to rescue a struggling internet stock

Raymond James said shareholders of floundering internet stocks should not hold out hope for M&A given a variety of factors.

5 years ago

These gift options can lower college debt and teach money skills to young adults

It's more important than ever for kids to learn good planning habits. As the holidays approach, some will consider gifts this year that teach children to manage money just like wise investors.

5 years ago

It's almost Black Friday — here's a look at the best deals

Almost two-thirds of consumers plan their holiday shopping around the upcoming weekend. To that end, here's how to make the most of Black Friday.

5 years ago

U.S. sets out procedure for barring threats to telecom networks

The U.S. Commerce Department on Tuesday set out a procedure to protect U.S. telecommunications networks and their supply chains from national security threats, saying it would consider whether to bar transactions on a case-by-case basis.



5 years ago

VW's Audi to cut one in ten jobs to fund shift to electric vehicles

Volkswagen's luxury car unit Audi on Tuesday said it would cut one in ten jobs, freeing up billions of euros to fund its shift toward electric vehicle production.



5 years ago

Best Buy's profit forecast points to robust holiday shopping demand

Best Buy Co Inc signaled it expected a strong holiday shopping season by forecasting fourth-quarter profit above Wall Street estimates on Tuesday, sending the shares of the biggest U.S. tech retailer up 5% in premarket trading.



5 years ago

Abercrombie & Fitch trims forecast as Hollister, international business drag

Teen apparel retailer Abercrombie & Fitch Co trimmed its annual sales growth forecast on Tuesday, blaming political issues from Brexit to the Hong Kong protests for keeping customers away from its stores outside the United States.



5 years ago

Red Cross boosts disaster-prone communities with blockchain ‘cash’

Thompson Reuters Foundation | Laurie Goering | Nov 26, 2019 The technology allows slumdwellers and rural villagers with simple mobile phones to effectively create their own local currencies to bootstrap development LONDON, Nov 26 (Thomson Reuters Foundation) - In Kenya's poor rural and slum communities, residents have lots to sell - from home-grown tomatoes to

5 years ago

U.S. new home sales fall in October; September revised higher

Sales of new U.S. single-family homes unexpectedly fell in October following recent strong gains, but the overall housing market remains supported by lower mortgage rates.



5 years ago

NYSE to permit capital raise as part of a company's direct listing

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 through a direct listing, instead of a traditional initial public offering, to raise capital.



5 years ago

Dollar Tree shares tank 14% after discount retailer cuts forecast, blaming tariffs

The discount retailer said tariffs slapped on Chinese goods will hit earnings by 6 cents in the fourth quarter.

5 years ago