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Latest News on private equity markets

Saudi Aramco meets ADIA, Abu Dhabi funds in IPO pitch: sources

Saudi Aramco's executives met officials of Abu Dhabi Investment Authority (ADIA) on Monday to discuss a potential investment in the oil giant's share sale that could raise as much as $25.6 billion, three sources familiar with the talks said.



5 years ago

Charles Schwab to buy TD Ameritrade in $26-billion blockbuster brokerage deal

Charles Schwab Corp agreed on Monday to buy TD Ameritrade Holding Corp in an all-stock deal valued at $26 billion, creating a brokerage giant in a market that has been ravaged by price wars.



5 years ago

'China is the enemy' on trade, not Trump — Cramer blasts media over love of Chinese leader Xi

CNBC's Jim Cramer says the mainstream media wrongly thinks that "'Xi is a great Chinese man with great Democratic leanings; member of the WTO. And we have a madman as president.'"

5 years ago

Eight electric pickup truck manufacturers to load up U.S. market by 2021

Tesla CEO Elon Musk and his spacy Cybertruck have ignited a frenzy over electric pickups, and at least seven other U.S. automakers expect to build new battery-powered trucks by 2021.



5 years ago

Texas settles with T-Mobile, Sprint over merger: statement

Texas' attorney general has settled with T-Mobile Inc and Sprint Corp and will drop its opposition to a merger of the third and fourth largest U.S. wireless carriers.



5 years ago

Factbox: M&As in vogue for luxury retailers seeking growth

Louis Vuitton owner LVMH snapped up U.S. jeweler Tiffany & Co on Monday for $16.2 billion in its largest buyout ever, adding America's biggest luxury name to its stable of brands.



5 years ago

Morgan Stanley says forecasting just the next two months, let alone 2020, is hard right now

Wall Street strategists are releasing their 2020 predictions, but with so many unknowns in the market forecasting for even just the next few months is difficult.

5 years ago

Here's the tax bill on the $226 million Mega Millions jackpot

Before the winner would even get a penny, $37 million would be withheld for federal taxes. Much more would likely be due at tax time.

5 years ago

Here's what advisors can anticipate amid the $26 billion Charles Schwab-TD Ameritrade tie-up

TD Ameritrade has historically catered to small registered investment advisory firms, so Schwab's acquisition of TD has some advisors spooked.

5 years ago

EBay to sell ticketing unit StubHub for $4.05 billion

EBay Inc will sell its ticketing unit, StubHub, in an all-cash $4.05 billion deal to ticket reseller Viagogo Ltd, the companies said on Monday, nearly a year after the ecommerce major came under pressure from activist investors to hive off some of its businesses.



5 years ago

GE brings in shipper Maersk's CFO as finance chief

General Electric Co on Monday named finance head at shipper AP Moller-Maersk as its new chief financial officer in the latest top-level change aimed at turning around the U.S. industrial conglomerate.



5 years ago

Brazil minister says it's 'impossible' to put value on Eletrobras privatization

Brazil's mines and energy minister said on Monday it is "impossible" to say how much the privatization of state-run power company Eletrobras SA will raise, despite an earlier government estimate of 16.2 billion reais ($3.84 billion).



5 years ago

China and U.S. moving closer to trade deal, but no agreement on tariff rollbacks: report

China and the United States are "moving closer to agreeing" on a "phase one" trade deal, the Global Times, a tabloid run by the ruling Communist Party's official People's Daily, reported on Sunday.



5 years ago

World share markets rally on revived trade hopes; gold slips

Gold fell for a fourth straight session and global equity markets rallied on Monday, with the Nasdaq and S&P 500 hitting new highs on revived hopes the United States and China could soon sign an interim deal to end their prolonged trade war.



5 years ago

McDonald's to pay $26 million to settle California wage lawsuit

McDonald's Corp agreed to pay $26 million to settle a nearly seven-year-old lawsuit accusing the fast food chain of underpaying U.S. staff at its corporate-owned restaurants in California.



5 years ago