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Latest News on private equity markets

Spotify revenue beats as more paid subscribers tune in, shares rise

Spotify Technology SA's quarterly revenue beat Wall Street expectations on Monday, as the music streaming company added more-than-expected paid subscribers for its premium service.



4 years ago

In a Nike factory in Argentina's hinterland, the ghost of Macri's fall

Rumors of layoffs started spreading among workers at a factory here in northeastern Argentina making Nike Inc shoes the night before Cristian Fredy Aquino's scheduled shift.



4 years ago

Shares near two-month highs on hopes of trade deal, Fed cut

World shares steadied near two-month highs on Monday, boosted by hopes for a trade deal and strong U.S. corporate earnings, while the dollar traded near its highest in a week before a Federal Reserve rate decision.



4 years ago

Google results to share stage with U.S. antitrust probe

Beyond fresh insights into Alphabet Inc's quarterly earnings on Monday, financial analysts could press executives for details on the U.S. antitrust probe by 48 states.



4 years ago

Oil falls on weak Chinese industrial data

Oil prices fell on Monday after strong gains last week, as data released in China reinforced signs that its economy is slowing, though progress in China-U.S. trade talks has supported prices.



4 years ago

LVMH confirms interest in acquiring luxury jeweler Tiffany

LVMH, the world's biggest luxury group, said on Monday it had approached Tiffany & Co about a possible takeover of the U.S. jeweler.



4 years ago

IMF urges Lebanon reforms, protesters keep up pressure

The International Monetary Fund said on Monday Lebanon should urgently implement reforms to restore confidence and economic stability, as protesters kept up the pressure on politicians they accuse of corruption by setting up new road blocks.



4 years ago

AT&T to add new directors, sell up to $10 billion in assets next year

AT&T Inc said on Monday it would add two new board members and consider selling off up to $10 billion worth of non-core businesses next year, bowing to pressure from activist investor Elliott Management.



4 years ago

AT&T adds more monthly bill-paying subscribers than expected

AT&T Inc added more mobile phone subscribers who pay a monthly bill than analysts' estimates for the third quarter as the wireless carrier attracted customers with media content bundled with phone plans.



4 years ago

The Force is with Microsoft: Shares up on winning JEDI contract

Microsoft shares rise 3.4% to $145.50 premarket, after company wins the Pentagon's $10 billion cloud computing contract.



4 years ago

Futures rise on trade optimism, rate cut hopes

U.S. stock index futures rose on Monday as hopes of a trade deal between Washington and Beijing as well as rising bets on a rate cut by the Federal Reserve when it meets this week boosted investor sentiment.



4 years ago

Spotify delivers surprise profit as paid subscriptions rise

Spotify Technology SA's posted a surprise profit on Monday and topped Wall Street's expectations for revenue as the music streaming company added slightly more subscribers than expected for its premium service.



4 years ago

Brazil rates to hit record low 5.00%, seen falling further: Reuters poll

Brazil's benchmark interest rate will be cut to a record low of 5.00% on Wednesday, according to the unanimous view in a Reuters poll of economists, as the central bank battles to spur economic growth and prevent inflation from falling further below target.



4 years ago

Lebanese banks to secure salaries, remain closed Tuesday: statement

Lebanese banks will stay shut on Tuesday amid ongoing unrest, but are working to ensure public and private sector workers receive their salary payments, the country's banking association said on Monday.



4 years ago

Here are the biggest analyst calls of the day: Roku, Lululemon, Facebook & more

Here are the biggest calls on Wall Street on Monday

4 years ago