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Latest News on private equity markets

Turkey's Halkbank could face fine for failing to appear in U.S. court: prosecutor

A U.S. prosecutor on Tuesday called Turkey's Halkbank a "fugitive" after it failed to make an initial court appearance in a criminal case accusing it of conspiring to violate U.S. sanctions against Iran.



4 years ago

OPEC, allies to mull deeper oil cut amid worries over demand growth

OPEC and its allies will consider whether to deepen cuts to crude supply when they next meet in December due to worries about weak demand growth in 2020, sources from the oil-producing club said.



4 years ago

Here are the world's 10 best places to vacation on a budget

Travel publisher Lonely Planet ranked the world's top 10 destinations for value in 2020. The cities and countries that budget travelers should consider include tropical locales in Indonesia and India and the Rust Belt city of Buffalo, New York.

4 years ago

Aramco listing was delayed to rope in anchor investors: sources

Oil giant Saudi Aramco's much-vaunted stock market listing was delayed after deal advisers said they need more time to lock in cornerstone investors, three sources with direct knowledge of the matter told Reuters.



4 years ago

Wall Street mixed after corporate earnings reports; Facebook falls

The S&P 500 and Dow Jones indexes rose on Tuesday, lifted by upbeat corporate earnings reports that eased concerns over the fallout from the U.S.-China trade war, but a decline in shares of Facebook hurt the Nasdaq.



4 years ago

Explainer: As Draghi era ends at ECB, cheap money concerns nag

Mario Draghi hands over power at the European Central Bank to Christine Lagarde amid fierce debate over the ultra-loose money policies he spearheaded to aid a eurozone recovery from the financial crisis.



4 years ago

Centene posts narrow profit beat, signals early close of WellCare deal

Centene Corp said on Tuesday its deal for WellCare Health Plans could close sooner than previously expected and posted a profit that edged past Street estimates, reassuring investors of strength in its core Medicaid business.



4 years ago

Spanish court to probe Russian tycoon's bid for supermarket chain: document

Spain's High Court will investigate whether Russian tycoon Mikhail Fridman deliberately acted to depress the share price of struggling supermarket chain DIA in his bid to take control of the group, a court document seen by Reuters showed.



4 years ago

Fisher Investments withdrawals exceed $2 billion as New Hampshire pension plan exits

The New Hampshire Retirement System voted unanimously on Tuesday to terminate its relationship with Fisher Investments, pulling $239 million in assets. In the last two weeks, institutional clients have pulled more than $2 billion from the firm.

4 years ago

U.S. crude stocks expected to rise for sixth consecutive week: Reuters poll

U.S. crude stockpiles likely rose for the sixth straight week, while refined products stockpiles likely fell last week, an extended Reuters poll showed on Tuesday.



4 years ago

Top analyst Stephen Tusa, who called GE's decline, has a favorite stock in the industrial space

The top industrials analyst on Wall Street said on CNBC's "Halftime Report" that he likes United Technologies' upside from here.

4 years ago

Boeing texts reveal flawed simulator, not smoking gun: ex-colleagues

Four days after leaked internal pilot messages set off a media firestorm for Boeing Co., former colleagues have defended a former pilot who voiced concerns about unreported 737 MAX software problems two years before fatal crashes.



4 years ago

S&P cuts Boeing outlook to 'negative' on fresh 737 MAX concerns

S&P Global Ratings lowered its outlook for Boeing Co to "negative" from "stable" on Tuesday, after reports that the planemaker may have misled the U.S. Federal Aviation Administration about problems with the anti-stall software on its grounded 737 MAX jet.



4 years ago

S&P 500, Dow gain on upbeat earnings reports; Facebook pressures Nasdaq

The S&P 500 and Dow Jones indexes rose on Tuesday, as upbeat earnings reports eased concerns over the fallout from the fragile U.S.-China trade relationship, but Facebook pressured Nasdaq after the company was hit with an expanded New York-led probe.



4 years ago

Lockheed Martin profit climbs, expects lower cash flow in 2020; shares dip

Lockheed Martin Corp raised its estimate for 2019 earnings on Tuesday as quarterly profit climbed 9.2% amid improved sales of its F-35 fighter jets, but it forecast a lower cash flow for next year and shares dipped in afternoon trading.



4 years ago