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Latest News on private equity markets

China sees 2019 auto sales down 5% year-on-year: industry association

Auto sales in China are seen falling 5% year-on-year to 26.68 million units in 2019, the country's top industry association said.



3 years ago

Invisalign maker warns of slowdown in China, shares plummet 25%

Invisalign shipments disappointed, "primarily due to a softness in China related to a tougher consumer environment," CEO Joe Hogan says.

3 years ago

Boeing 737 MAX groundings plague U.S. airlines; Southwest exits Newark

American Airlines Group Inc and Southwest Airlines Co warned on Thursday of an increasing financial toll from the prolonged Boeing 737 MAX grounding this year even as strong bookings and higher fares helped drive quarterly revenue growth.



3 years ago

California, four automakers defy Trump, agree to tighten emissions rules

Four major automakers said on Thursday they have reached a voluntary agreement with the state of California on fuel efficiency rules, bypassing a Trump administration effort to strip the state of the right to fight climate change by setting its own standards.



3 years ago

Wall Street slides, bond yields rise on mixed earnings, ECB statement

U.S. stocks stumbled out of the starting gate and bond yields gained ground following mixed earnings and a rosier-than-expected statement from the European Central Bank's governor.



3 years ago

Welcome to the wireless business: Analyst downgrades Dish after it wins in the T-Mobile/Sprint deal

Winning is good. That is, of course, unless you happen to "win" wireless spectrum assets from T-Mobile, according to MoffettNathanson.

3 years ago

China auto group cuts 2019 sales forecast to a 5% drop

China's biggest auto industry association has cut its sales forecast for this year due to slowing economic growth, and now expects sales to fall for the second year running.



3 years ago

Total plans $5 billion of asset sales to future-proof business

French energy giant Total will sell about $5 billion of assets, mostly from its exploration and production business as it sharpens its focus on low-breakeven projects that can weather weak oil prices, it said on Thursday.



3 years ago

Gazprom gets bids worth $3.15 billion for sale of own shares

Gazprom , the world's biggest conventional gas producer, said on Thursday it had received bids worth 198.89 billion roubles ($3.15 billion) for 3% of its own shares that it is selling into the market.



3 years ago

Tesla shares, bonds under pressure as Musk changes tune on profit

Shares of Tesla Inc sank 14% on Thursday and its bonds traded lower, a day after the electric carmaker said it needed more time to turn a profit, reported lower margins and announced the departure of a key executive.



3 years ago

No timeline for Boeing 737 MAX return to service: FAA official

The U.S. Federal Aviation Administration has no specific timeline for the return to service of Boeing Co's 737 MAX, which has been grounded following two deadly crashes, the agency's acting administrator said on Thursday.



3 years ago

A trader is making a big bet on a scary market downturn in the next four weeks

Jon Najarian explains a big bet being made on a sudden drop in stocks.

3 years ago

Dow cuts 2019 spending forecast on U.S.-China trade tensions

Dow Inc forecast current-quarter revenue below analysts' expectations on Thursday and cut 2019 spending as chemical companies grapple with U.S.-China trade dispute and an oversupply of chemicals used to make plastics.



3 years ago

Normally sedate charity lunch with Warren Buffett is turning into bizarre affair this year

Justin Sun, a Chinese cryptocurrency entrepreneur who paid a record $4.57 million to dine with Warren Buffett, abruptly apologized for his "out-of-control, excessive self promotion."

3 years ago

U.S. business investment stabilizing, economy slowing

New orders for key U.S.-made capital goods surged in June, suggesting some improvement in business investment, but economic growth is still expected to have slowed sharply in the second quarter amid weaker exports and a smaller inventory build.



3 years ago