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Latest News on private equity markets

Carlyle to give shareholders a vote in switch to corporation

Carlyle Group LP emulated its peers on Wednesday with plans to convert from a publicly traded partnership into a corporation, and went one step further by announcing it will become the first U.S. private equity firm to hold shareholder votes.



4 years ago

Spotify reports bigger-than-expected loss, paid subscribers disappoint

Spotify Technology SA on Wednesday posted bigger-than-expected quarterly losses as it added fewer paid subscribers than estimated.



4 years ago

China says discussed purchase of U.S. agricultural goods in latest talks

Chinese and U.S. trade negotiators discussed the purchase of U.S. agricultural goods during trade talks this week and will meet again in the United States in September, the commerce ministry said on Wednesday.



4 years ago

Getting under the hood of Amazon’s auto ambitions

Amazon.com Inc is expanding its transportation prowess to do virtually everything short of building a car.



4 years ago

General Electric posts loss, cash flow takes Boeing hit

General Electric Co swung back to a financial loss in the second quarter, as the restructuring of its ailing power business drained more cash than expected from its otherwise profitable industrial unit.



4 years ago

EssilorLuxottica sets sights on retail dominance with $8 billion GrandVision deal

EssilorLuxottica is buying Dutch opticians group GrandVision for up to 7.2 billion euros ($8 billion) in cash to take control of thousands of stores where it sells spectacles and lenses.



4 years ago

Impossible Foods signs major meat supplier to make its plant-based burgers

Plant-based burger maker Impossible Foods on Wednesday announced a partnership with major meat supplier OSI Group [OSIGP.UL], a longtime producer of patties for fast-food chains, as it ramps up to meet demand from consumers and restaurants including Burger King.



4 years ago

Directors of Australia's Crown Resorts attack 'deceitful campaign' in letter

Casino operator Crown Resorts on Wednesday dismissed media reports that it flouted visa rules to bring Chinese gamblers to Australia after the government ordered an inquiry into immigration officials' dealings with the company.



4 years ago

Spotify revenue beats but adds fewer-than-expected paid subscribers

Spotify Technology SA reported better-than-expected second-quarter revenue on Wednesday, but added fewer paid subscribers than estimated, sending its shares down 2.2% in trading before the bell.



4 years ago

GE posts loss, takes Boeing hit but raises forecast; CFO to leave

General Electric Co swung back to a financial loss in the second quarter, as the cost of restructuring its ailing power business and the grounding of a Boeing Co jetliner model drained more cash than expected from GE's otherwise profitable industrial units.



4 years ago

Futures drift higher on Apple results; Fed rate decision awaited

U.S. stock index futures edged higher on Wednesday, as trade worries eased after Apple reported upbeat earnings and forecast, while investors awaited an almost certain cut in interest rates by the Federal Reserve.



4 years ago

GM faces declining sales and price wars in largest markets

General Motors Co's investors will see on Thursday how the Detroit carmaker is weathering declining sales and mounting price pressures in its largest markets when it reports second-quarter earnings.



4 years ago

Latest U.S.-China trade talks 'constructive', Beijing says

U.S. and Chinese negotiators wrapped up a brief round of trade talks on Wednesday that Beijing described as "constructive", including discussion of further purchases of American farm goods and an agreement to reconvene in September.



4 years ago

Baker Hughes profit beats on higher international demand, LNG activity

Baker Hughes, General Electric Co's oilfield services arm, reported a better-than-expected quarterly profit on Wednesday, helped by higher activity in LNG markets and rise in international demand for oilfield services.



4 years ago

GE CFO Jamie Miller stepping down: 'The time is right for my transition'

General Electric says Miller will remain with the company during the leadership transition.

4 years ago