Jury finds Platinum Partners founder guilty in fraud trial
Mark Nordlicht, the founder of defunct hedge fund firm Platinum Partners, was found guilty on Tuesday of defrauding bondholders of an oil exploration company Platinum controlled,...
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
U.S., Chinese negotiators resume trade talks on Tuesday: official
U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke with Chinese Vice Premier Liu He and Minister Zhong Shan on Tuesday to continue negotiations...
Hedge funds clinch best first half since 2009 as activist strategies, stock bets pay off
Strong, widespread gains in June catapulted hedge funds to their best start to a calendar year in a decade as equity bets paid off.
ABB's Voser battles headwinds as he pursues overhaul
ABB is pressing ahead with a review of its underperforming businesses and expects a turbulent 2019 amid a slowdown in some markets and China-U.S. trade tensions,...
Cisco to buy optical gear maker Acacia for $2.8 billion to build 5G muscle
Network gear maker Cisco Systems Inc said on Tuesday it would buy optical component maker Acacia Communications Inc for $2.84 billion in cash, as it seeks...
Mexico calls out Luis Vuitton for using traditional pattern
The Mexican government has questioned Louis Vuitton's use of a traditional Mexican pattern in the design of a chair, less than a month after it sent...
Stocks drop as trade tensions threaten earnings
Stock markets around the world broadly fell on Tuesday as trade tensions weighed on the outlook for corporate earnings and as hopes dwindled over a hefty...
U.S. expects China to buy farm products during trade talks: Kudlow
White House economic adviser Larry Kudlow on Tuesday said China was expected to move forward with agricultural purchases from the United States even as trade talks...
PepsiCo's mini-sized sodas boost quarterly results
PepsiCo Inc's quarterly revenue and profit beat Wall Street estimates on Tuesday, boosted by higher sales of its traditional Pepsi soda as well as snacks Lay's...
Emissions rules and electric shift to spur car engines M&A
A growing understanding in the car industry of the value of combustion engine technology able to meet new anti-pollution requirements is likely to fuel a wave...
South Korea, Japan spar at WTO over trade row
A diplomatic row between Japan and South Korea spilled over into a World Trade Organization meeting on Tuesday, where Seoul's ambassador accused Japan of imposing illegal...
Wall St drifts lower as trade concerns weigh, big rate cut hopes fade
The S&P 500 and the Dow Industrials edged lower on Tuesday, as investors worried over warnings of a hit to earnings from the U.S.-China trade dispute...
Boeing set to lose biggest planemaker title as deliveries fall 37%
Boeing Co is set to lose the title of being the world's biggest planemaker after reporting a 37% drop in deliveries for the first half of...
Oil rises on supply cuts, Mideast tensions; trade worries cap gains
Oil futures rose on Tuesday as Middle East tensions and OPEC supply cuts kept global benchmark Brent crude above $64 a barrel, while gains were limited...
Exclusive: Germany's Bayer seeks animal health merger with Elanco - sources
Bayer has approached U.S. drug firm Elanco Animal Health to discuss a possible combination of their pet-health businesses to create an industry giant, three sources familiar...