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Latest News on private equity markets

Harley-Davidson $1.6 billion investment plan raises earnings concerns

Harley-Davidson Inc said on Tuesday it would invest as much as $1.6 billion over the next four years to turn around its business, raising concerns about its earnings and sending its shares lower.



5 years ago

Smith & Wesson parent fails to win majority support for CEO pay

Smith & Wesson parent American Outdoor Brands Corp failed to win a majority of shareholder support for its executive pay, according to a transcript of the gunmaker's annual meeting held on Tuesday.



5 years ago

Fiat Chrysler manager lied about emissions even after VW scandal broke, indictment charges

A grand jury indicted a senior manager at Fiat Chrysler Automobiles NV on charges he lied to regulators about diesel emissions, alleging the deception continued even after a scandal over cheating on government environmental tests had engulfed rival Volkswagen AG .



5 years ago

Trumps' China trade rhetoric turns harsh at U.N., says won't take 'bad deal'

U.S. President Donald Trump delivered a stinging rebuke to China's trade practices on Tuesday at the United Nations General Assembly, saying he would not accept a "bad deal" in U.S.-China trade negotiations.



5 years ago

S&P 500 hits two-week low on Trump impeachment call, weak consumer data

The S&P 500 and the Nasdaq were set for their worst drops in one month on Tuesday as calls for impeachment of U.S. President Donald Trump gained momentum, while weak consumer confidence data added to worries over the prolonged Sino-U.S. trade war.



5 years ago

WeWork's Neumann gives up control, CEO role following investor revolt

WeWork co-founder Adam Neumann agreed on Tuesday to resign as chief executive and give up majority voting control, after SoftBank Group Corp and other shareholders turned on him over a plunge in the U.S. office-sharing start-up's estimated valuation.



5 years ago

WeWork bond price bounces in choppy trading after CEO to step down

The price of WeWork's 7.875% junk bond <96208LAA9=> bounced in choppy trading after co-founder Adam Neumann agreed to resign as chief executive of the U.S. office-sharing company, people familiar with the matter told Reuters on Tuesday.



5 years ago

Germany considers 400 million euro loan for Thomas Cook's Condor: sources

The German government and state of Hesse want to jointly support Condor, the German airline owned by insolvent British travel operator Thomas Cook, with a bridging loan of almost 400 million euros ($439.92 million), government sources told Reuters on Tuesday.



5 years ago

Stocks lower as Trump impeachment talk swirls; sterling gains after Brexit ruling

A gauge of global stocks fell on Tuesday as calls for the impeachment of U.S. President Donald Trump grew louder, while the British pound firmed as the UK Supreme Court ruled Prime Minister Boris Johnson's decision to suspend parliament was unlawful.



5 years ago

Thomas Cook France says seeking creditor protection

The French arm of collapsed British travel firm Thomas Cook said on Tuesday it was asking the French commercial court of Nanterre for creditor protection.



5 years ago

Cowen says 'base case' is House impeaches Trump, but Senate clears — 'Bill Clinton 2.0'

One of Wall Street's top brokerages on Tuesday announced that its base case for President Donald Trump is impeachment.

5 years ago

WeWork investors like SoftBank have an obscure protection worth millions in a devalued IPO

The provision speaks to how opaque private valuations can be and the type of protection venture capital investors are able to negotiate.

5 years ago

There's a theory that retiring boomers cashing out will cause a 'dark period' for the stock market

Jefferies analysts discuss an economic theory that the impending wave of baby boomer retirements could trigger a U.S. equity slump.

5 years ago

Nike profit, revenue beat as direct selling gains momentum

Nike Inc's first-quarter revenue and profit beat Wall Street estimates on Tuesday as the sportswear maker's strategy to sell sneakers and apparel directly to consumers through its own stores and online retailers powered growth.



5 years ago

UAW-GM picket lines become 2020 U.S. presidential campaign battleground

Democratic presidential candidate Bernie Sanders is scheduled to join United Auto Workers members on a picket line in Detroit on Wednesday, underscoring the extent to which the longest auto worker strike in nearly 30 years has become a political event.



5 years ago