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Latest News on private equity markets

Salesforce to buy Israel's ClickSoftware for $1.35 billion

U.S. cloud-based service provider Salesforce said it signed a definitive agreement to acquire Israeli software developer ClickSoftware for $1.35 billion in cash and shares.



6 years ago

Equinor's power and gas trading unit expands to the United States

Danske Commodities, a power and gas trading firm owned by oil major Equinor , has expanded its operations to the United States, completing its first trade on the PJM wholesale power market, it said on Thursday.



6 years ago

Honda to recall 222,674 Accord vehicles in China

Honda Motor Co Ltd's venture with Guangzhou Automobile Group Co Ltd will recall 222,674 Accord sedans in China, market regulators said on Thursday, after recent complaints on social media about the car engine's quality.



6 years ago

Apple faces investigation for suspected unfair competition in Russia

Apple is under investigation in Russia following a complaint from cybersecurity company Kaspersky Lab and may be abusing its dominant market position, Russia's anti-monopoly watchdog said on Thursday.



6 years ago

Stock markets find a floor as Chinese data soothe nerves

Stock markets enjoyed a tentative recovery on Thursday after better-than-expected Chinese export data and a steadying of the yuan restored some calm to global markets.



6 years ago

China data, steadying yuan lift futures

U.S. stock index futures inched higher on Thursday as better-than-expected Chinese trade data and a steadying of its currency offered some comfort to investors rattled by an escalation in trade tensions and signals pointing to a recession.



6 years ago

Viacom beats quarterly revenue, profit estimates as ad revenue rebounds

Viacom Inc , the owner of MTV, Comedy Central and Nickelodeon, beat estimates for quarterly revenue and profit on Thursday, as it posted rare growth in domestic advertising revenue after about five years of declines.



6 years ago

There's a new Apple analyst and he doesn't love the stock: 'No recovery in the iPhone business'

New Barclays tech analysts Tim Long initiated coverage of Apple with an equal weight rating and a $192 price target.

6 years ago

Credit Suisse upgrades Disney after stock tanks on earnings — 'More beauty than beast'

Credit Suisse raised its rating of Disney shares to outperform from neutral on Thursday.

6 years ago

Hedge funds are betting Amazon and Netflix will get burned in this market sell-off

Hedge funds poured nearly $1.7 billion into bets against some top technology stocks since the market's sell-off began in earnest on Monday.

6 years ago

Bayer buys BlueRock in $600 million bet on stem cell therapies

German drugmaker Bayer is paying up to $600 million for full control of cell therapy developer BlueRock Therapeutics, stepping up investment in a promising new medical area to revive its drug development pipeline.



6 years ago

Goldman downgrades Caterpillar, citing weakness in China business amid trade war

Goldman Sachs downgraded Caterpillar and said it saw production cuts in the North America and China construction equipment markets due to the ongoing U.S.-China trade.

6 years ago

Kraft Heinz books more than $1 billion in charges, first-half profit slumps

Kraft Heinz Co's net income halved in the first six months the year as the packaged food maker disclosed well over $1 billion in charges and writedowns in results delayed by an investigation into its procurement practices.



6 years ago
6 years ago

U.S. weekly jobless claims unexpectedly fall

The number of Americans filing applications for unemployment benefits unexpectedly fell last week, suggesting the labor market remains strong even as the economy is slowing.



6 years ago