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Latest News on private equity markets

Higher medical costs take shine off Cigna second-quarter profit beat

Health insurer Cigna Corp raised its 2019 profit forecast on Thursday, helped by last year's acquisition of pharmacy benefit manager Express Scripts, but medical costs in the second quarter were higher than expected and its shares fell slightly.



4 years ago

U.S. confirms small soybean sale to private Chinese buyer

The U.S. Department of Agriculture on Thursday confirmed a private Chinese company bought 68,000 tonnes of soybeans in the week ended July 25, the first soybean purchase since Beijing offered to exempt five crushers from import tariffs imposed more than a year ago as part of a U.S.-China trade dispute.



4 years ago

King dollar rattles currencies, commodities; stocks rise

The dollar charged to its highest in more than two years on Thursday, trampling almost every market in its way, after the Federal Reserve dampened hopes for a lengthy run of U.S. interest rate cuts.



4 years ago

Wall St. bounces back on tech strength, focus shifts to earnings

U.S. stocks bounced back on Thursday from a steep selloff in the prior session, boosted by technology shares as investors shrugged off a cautious outlook from the Federal Reserve on interest rate cuts and focused on corporate earnings.



4 years ago

Trump says U.S. to hit $300 billion worth of Chinese goods with 10% tariff

U.S. President Donald Trump said on Thursday he would impose an additional 10% tariff on $300 billion worth of Chinese imports starting Sept. 1, as talks aimed to ease tensions between the world's two largest economies continue.



4 years ago

China sees intensive contact ahead of next trade talks; small U.S. soybean sales reported

U.S. and Chinese negotiating teams will be in intensive contact to prepare "good groundwork" for trade talks in September, the commerce ministry said on Thursday, as Washington confirmed China's first private purchase of soybeans since a tariff war broke out more than a year ago.



4 years ago

Wall St. rebounds on tech strength, eyes shift to earnings

U.S. stocks rebounded on Thursday from a steep selloff in the prior session, boosted by technology shares, as investors shrugged off a cautious outlook from the Federal Reserve on interest rate cuts and focused on corporate earnings.



4 years ago

U.S. manufacturing struggling as tariffs bite; job market healthy

U.S. manufacturing activity slowed to a near three-year low in July and hiring at factories shifted into lower gear, suggesting a further loss of momentum in economic growth early in the third quarter as trade tensions between Washington and Beijing persist.



4 years ago

Early crypto investor Novogratz likens Beyond Meat's surge to the bitcoin bubble

Michael Novogratz says Beyond Meat's rally smacks of bitcoin's boom, which was followed by a crash soon after.

4 years ago

Retail stocks tank as companies could take the biggest hit from the next round of China tariffs

Shares of retailers are tanking as they are seen as the biggest target in the new China tariffs.

4 years ago

Wall St. gives up gains following Trump trade tweet

Wall Street abruptly reversed its gains on Thursday as U.S. President Donald Trump tweeted that he would impose an additional 10% tariffs on $300 billion in Chinese imports, sending the long-running U.S. China trade war that has rattled markets for months back to center stage.



4 years ago

Enel upbeat on outlook after renewables and grids boost earnings

Europe's biggest utility Enel painted an upbeat outlook after posting a strong rise in earnings in the first six months driven by its green energy and network businesses.



4 years ago

Occidental Petroleum plans to close Anadarko deal soon after August 8 vote

Occidental Petroleum Corp plans to quickly complete its $38 billion purchase of Anadarko Petroleum after the latter's Aug. 8 shareholder vote, the company said on Thursday.



4 years ago

Goldman Sachs is spending $100 million to shave milliseconds off stock trades

The project, named Atlas after the Greek God, is meant to accelerate the shift Goldman Sachs has been making to the latest stock trading technology.

4 years ago

What startups need to know about IP patents

Aird & McBurney LP | Tony Sabeta | Aug 1, 2019 33%. That’s the percentage of funded startups that have filed a patent application; also 19% of all funded companies filed at least one patent application prior to receiving any funding[1]. There is an ongoing debate about the advantages and disadvantages of patent protection for early stage

4 years ago