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Latest News on private equity markets

IBM hopes to change weather forecasting around the globe using big data and a new supercomputer

The system is called GRAF, or Global High Resolution Atmospheric Forecasting, and will have many applications globally for governments and industries.

4 years ago

World stocks sink as China slowdown deepens, German economy weak

World stocks nudged down on Thursday as Chinese economic data slowed in October and Germany only narrowly avoided a recession in the third quarter, adding to worries about the global growth fallout from the U.S.-China trade war.



4 years ago

Oil up 1% on U.S. crude stocks fall, OPEC comments on U.S. shale growth

Oil rose on Thursday after industry data showed a surprise drop in U.S. crude inventories, while comments from OPEC about lower-than-expected U.S. shale production in 2020 also provided some support.



4 years ago

Carl Icahn takes stake in HP, pushes for merger with Xerox

Icahn, who owns a 10.6% stake in Xerox, now owns a 4.24% stake in HP, according to The Wall Street Journal.

4 years ago

Britain's Asda blames Brexit uncertainty for lower sales

Asda, the British supermarket arm of U.S. retail giant Walmart , reported lower sales in its latest quarter, saying uncertainty surrounding Britain's exit from the European Union had negatively affected spending patterns.



4 years ago

This rule of thumb about credit card use could be costing you

Experts say there is a misconception that your credit score won't be negatively affected unless your total balance climbs above 30% of your available credit.

4 years ago

Burberry aims to woo more customers in China with Tencent tie-up

British luxury brand Burberry on Thursday said it has joined forces with China's Tencent for a new digital marketing and sales push to tap the nation's increasingly social media savvy shoppers in a critical luxury market.



4 years ago

Credit Suisse says Tesla is running out of time as the major electric car maker, shares to dive 40%

Credit Suisse on Thursday noted that Tesla has nearly an 80% share of the U.S. market for electric vehicle.

4 years ago

Oil rises on U.S. crude stocks fall, OPEC comments on U.S. shale growth

Oil rose on Thursday after industry data showed a surprise drop in U.S. crude inventories, while comments from OPEC about lower-than-expected U.S. shale production in 2020 also provided some support.



4 years ago

Walmart raises earnings forecast, expects strong holiday sales

Walmart Inc reported better-than-expected third quarter U.S. comparable sales on Thursday as people spent more at its stores and website and the retailer picked up market share in food and other groceries.



4 years ago

Apple downgraded to rare sell rating by Maxim on concern about iPhone sales next year

Maxim downgraded Apple to sell from hold and set a 12-month price target of $190.

4 years ago

Futures slip as weak Chinese data sparks growth fears; Cisco falls

U.S. stock index futures slipped slightly on Thursday, a day after the S&P 500 and the Dow closed at record highs, as weak Chinese economic data and a dour forecast from Cisco rekindled fears of a global slowdown.



4 years ago

Walmart raises earnings outlook, expects strong holiday sales

Walmart Inc reported better-than-expected third quarter U.S. comparable sales on Thursday and raised its full-year outlook as a strong economy boosted purchases at its stores and website and the retailer picked up market share in food and other groceries.



4 years ago

Spain's former BBVA chairman 'FG' placed under investigation: source

Spain's High Court on Thursday placed the former chairman of BBVA , Francisco Gonzalez, under investigation as part of a probe into an alleged spying case, a source with knowledge of the matter said.



4 years ago

Wall Street dips at open on global growth worries

U.S. stocks opened lower on Thursday as weak data from major economies and a dour forecast from Cisco rekindled worries of a global slowdown.



4 years ago