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Latest News on private equity markets

Exclusive: U.S.-China trade deal signing could be delayed to December; London a possible venue - source

A meeting between U.S. President Donald Trump and Chinese President Xi Jinping to sign a long-awaited interim trade deal could be delayed until December as discussions continue over terms and venue, a senior official of the Trump administration told Reuters on Wednesday.



5 years ago

Blackstone CEO is optimistic U.S., China will agree trade deal

Private equity firm Blackstone Group Inc Chief Executive Stephen Schwarzman said on Wednesday he was optimistic that the United States and China would resolve their 16-month-long trade war, helping to ease tensions between two of the world's biggest economies.



5 years ago

CVS quarterly profit beats expectations; shares rise as it eyes growth

CVS Health Corp reported higher-than-expected third-quarter profit on Wednesday as medical costs in its Aetna health insurance business came in below forecasts, and the company said its new strategy of using in-pharmacy clinics would contain healthcare spending going forward.



5 years ago

These three states have the highest income taxes

If you live in the Northeast U.S., chances are you're facing some steep taxes on income. Here are three states with the heftiest levies on your wages — and seven states that don't tax income at all.

5 years ago

GoDaddy reports 12% rise in quarterly revenue, shares up 8%

GoDaddy Inc reported a 12% rise in third-quarter revenue as the web hosting company earned more from each user, sending its shares up 8% in extended trading.



5 years ago

Wall St. ends near flat; healthcare shares gain but trade deal delay weighs

U.S. stocks ended little changed on Wednesday as a report the U.S.-China trade deal could be delayed until December was offset by gains in healthcare shares.



5 years ago

Square profit tops estimates on growth in subscription and services business

Payments processor Square Inc beat analysts' estimates for quarterly profit on Wednesday, as it earned more from its subscription and services business.



5 years ago

U.S. DoJ demands Ford Focus, Fiesta documentsL Detroit Free Press

The U.S. Department of Justice has demanded documents related to the transmission used in about 2 million of Ford Motor Co's Fiesta and Focus vehicles sold throughout this decade, the Detroit Free Press reported on Wednesday.



5 years ago

Qualcomm's upbeat profit forecast, results send shares higher

Qualcomm Inc forecast current-quarter profit above Wall Street expectations and beat estimates for fourth-quarter revenue from its closely watched licensing business, sending its shares up 5% in extended trading.



5 years ago

Walmart de Mexico says October same-store sales up 2.3% year-on-year

Walmart de Mexico, Mexico's biggest retailer, said on Wednesday that sales at stores open for more than a year in Mexico rose 2.3% in October compared with the same month last year.



5 years ago

Oil down more than $1 a barrel on U.S. crude build, delay in U.S.-China trade pact

Oil prices dropped more than $1 a barrel on Wednesday after a much larger-than-expected build in U.S. crude inventories and after Reuters reported that the signing of a U.S.-China trade deal could be delayed until December.



5 years ago

Fitbit reports a 12% fall in revenue

Wearable device maker Fitbit Inc reported its first drop in revenue in five quarters on Wednesday as it faced intense competition from deeper-pocket companies such as Apple Inc and Samsung Electronics Co Ltd , underscoring challenges for buyer Alphabet Inc's Google.



5 years ago

Roku quarterly net loss widens on higher costs

Roku Inc reported a bigger net loss in the third quarter, as the video streaming device-maker spent more to attract subscribers to its video streaming platform, sending shares down 15% in extended trading.



5 years ago

Regulators want revised Boeing 737 MAX software documentation: company

U.S. and European regulators have asked Boeing Co to revise documentation on its proposed 737 MAX software fix, the planemaker confirmed Wednesday, a development that further complicates its efforts to return the jet to service by year-end.



5 years ago

Xerox in $33 billion bid for HP -sources

U.S. printer maker Xerox Holdings Corp has made a roughly $33 billion cash-and-stock offer for personal computer maker HP Inc , a move on a company more than three times its size, people familiar with the matter said on Wednesday.



5 years ago