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Latest News on private equity markets

U.S. labor market, manufacturing data point to slowing economy

The number of Americans filing applications for unemployment benefits was unexpectedly unchanged at a five-month high last week, suggesting some softening in the labor market.



5 years ago

Global stocks, dollar slip as reports kindle trade deal hopes

The U.S. dollar and global equity markets edged lower on Thursday as efforts by China to smooth the path forward in U.S.-Sino trade talks was offset by concerns tensions between the world's two largest economies were too large to quickly overcome.



5 years ago

Macy's cut profit outlook after weak quarter; confident for holiday

Macy's Inc cut its annual profit forecast for the second time this year on Thursday, as the department store operator blamed weak international tourism, warm weather and sluggish mall traffic for the first drop in same-store sales in two years.



5 years ago

Uber denies report it in talks with Germany's Wirecard

Ride hailing company Uber denied a German magazine report on Thursday that it was considering hiring Wirecard as its main payments partner to replace Dutch platform Adyen.



5 years ago

Brokerage bombshell: What advisors, investors could expect from a Schwab-TD Ameritrade merger

The custody arena for registered investment advisors is about to get a lot smaller if Charles Schwab acquires TD Ameritrade. Here's what that might mean for services for financial advisors and their clients.

5 years ago

A legendary trader who made billions betting on wars, other macro events is hanging it up

The step to privatize Moore Capital will mark the end of a storied era at the firm and follows years of weaker performance at the fund.

5 years ago

Wall Street muted on doubts over progress in U.S.-China trade deal

The S&P 500 and Dow indexes treaded water on Thursday as mixed headlines on U.S-China trade relations and a diplomatic row over the Hong Kong protests added to uncertainty over the timing of a "phase one" deal.



5 years ago

Vivendi ready to sell part of Mediaset stake at a loss to reach deal: source

French media group Vivendi is prepared to sell part of its stake in Mediaset at a loss in an attempt to reach an accord to end years of bitter legal disputes with the Italian broadcaster, a source close to the matter said on Friday.



5 years ago

Big Tech takes aim at the low-profit retail-banking industry

The Economist | Nov 21, 2019 THE ANNUAL Web Summit in Lisbon each year is Woodstock for geeks. Over three days in November, 70,000 tech buffs and investors gather on grounds the size of a small town. Rock stars, like Wikipedia’s boss or Huawei’s chairman, parade on the main stage. Elsewhere people queue for 3D-printed

5 years ago

Saudi Aramco IPO raises 73 billion riyals so far: Samba

Saudi Aramco's initial public offering (IPO) has attracted approximately 73 billion riyals ($19.47 billion) in institutional and retail orders so far, Saudi Arabia's Samba Financial Group said on Thursday.



5 years ago

Obscure 'marble bubble' stock which became the best performer on the globe just crashed 98%

The best-performing stock in the world just lost nearly all its value in the blink of an eye.

5 years ago

15 U.S. senators urge Trump administration to halt Huawei license approvals

A bipartisan group of 15 U.S. senators urged the Commerce Department to suspend issuing licenses to U.S. firms that conduct business with China's Huawei Technologies Co.



5 years ago

More than half of savers say this about the health of their retirement accounts

Strong stock market gains during the continuing economic expansion haven't reached all workers equally, leading many of them to report being behind in saving for retirement.

5 years ago

G20 has put up 'historically high levels' of trade barriers: WTO

G20 economies slapped on 28 new barriers between mid-May and mid-October covering trade worth an estimated $460.4 billion, mainly via tariff increases and import bans, the World Trade Organization said on Thursday.



5 years ago

Boeing settles more than half of Lion Air crash lawsuits: lawyer

Boeing Co has settled more than half of some 118 claims related to the fatal crash of a Lion Air flight on a 737 MAX aircraft in October 2018, attorney Dan Webb said at a court hearing on Thursday.



5 years ago