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Latest News on private equity markets

Trade deal hopes boost stocks as recession fears recede

World shares touched a 21-month high on Monday on signs that the United States and China could soon put an end to a damaging trade war as well as indications that the world may yet dodge an economic recession.



5 years ago

Oil prices creep higher on tentative U.S.-China hopes

Oil prices crept upwards on Monday, with Brent reaching its highest in more than a month after the previous day's boost from growing expectations of a U.S.-China trade deal.



5 years ago

Ferrari raises 2019 outlook after solid third-quarter results, shares jump

Ferrari raised guidance for full-year results on Monday after what the Italian luxury carmaker described as "solid" results on all metrics in the third quarter on the back of strong sales of its Portofino and 812 Superfast models.



5 years ago

Apple pledges $2.5 billion to fight California housing crisis

Apple Inc on Monday said it would commit $2.5 billion to easing a housing shortage that has driven up prices across California, with most of the money dedicated to funds that will be run either with or by the state government.



5 years ago

Takeaway.com switches Just Eat deal structure as Prosus circles

Takeaway.com has changed its line of attack in the battle to buy food delivery ordering service Just Eat , effectively lowering the threshold for approval of its offer to fend off rival suitor Prosus .



5 years ago

We should all be concerned about the student debt crisis

This cautionary tale of risky lending, ballooning debt and market speculation leading to the Great Recession of 2008-2009 should be a clear warning of looming perils in the student loan industry.

5 years ago

Trouble cooking? GrubHub, Uber Eats get pushback from restaurants on fees

In a letter to investors before its share price plunged last week, online food delivery service GrubHub Inc cited its profitable ties with small and medium-sized restaurants, saying they generate 80% of the orders on its platform.



5 years ago

Futures gain on hopes of U.S.-China trade deal

U.S. stock index futures rose on Monday, buoyed by hopes of a U.S.-China trade deal and an improving domestic economy that led the S&P 500 and Nasdaq to record highs last week.



5 years ago

Factbox: Saudi Aramco - the oil colossus

The world's largest oil producer, Saudi Aramco, has announced its intention to float in Riyadh in what could be the biggest stock market listing in history.



5 years ago

Give or take a trillion: Investors still in the dark on Saudi Aramco value

Saudi Aramco's blockbuster listing remained shrouded in mystery on Monday, a day after the company finally announced its plans, with scant details disclosed and expert valuations varying wildly from around $1.2 to $2.3 trillion.



5 years ago

Ferrari's Portofino, Superfast sales turbo-charge 2019 outlook

Ferrari raised its full-year forecasts on Monday after strong sales of its Portofino and 812 Superfast sportscars produced "solid" third quarter results, lifting its shares.



5 years ago

Under Armour cuts revenue forecast; federal probe weighs on shares

Under Armour Inc on Monday cut its forecast for annual revenue for a second straight time, adding to its troubles after the sportswear maker disclosed a federal probe related to its accounting practices.



5 years ago

Piper downgrades McDonald's on CEO firing: 'Changes of this magnitude tend to be disruptive'

Piper Jaffray downgraded McDonald's to neutral from overweight and slashed its price target to $195 from $224 per share on the heels of its CEO departure.

5 years ago

Facebook's Libra could come under some existing rules: watchdog

Existing securities rules could apply to "stablecoin" initiatives like Facebook's Libra project, global securities watchdog IOSCO said on Monday as policymakers examine whether new regulation is needed.



5 years ago