PetSmart's Chewy gets Wall Street tails wagging with $1 billion IPO
Chewy Inc said on Thursday it priced its initial public offering at $22 per share, above its target, and sold more stock than originally planned, valuing...
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.
'Bond King' Jeffrey Gundlach bets on gold, sees rising recession chances, dollar decline
Jeffrey Gundlach expects the dollar to finish the year lower.
Huawei fights to keep U.S. funds flowing to its rural mobile customers
China's Huawei Technologies Co Ltd, the world's biggest telecoms equipment maker, argued on Wednesday that Washington should scrap plans to prohibit wireless companies from using U.S....
CFM wins blockbuster jet engine order from IndiGo: sources
Engine maker CFM International is poised to announce one of the world's largest jet engine orders with a deal for more than 600 engines from India's...
Jet.com falls by wayside as Walmart focuses on its website, online grocery
Walmart Inc on Wednesday announced a sweeping overhaul at Jet.com, an online start-up it acquired in 2016 for $3.3 billion, after it failed to live up...
Asia shares wary of Trump, wait on U.S. inflation
Asian share markets were in a wary mood on Wednesday as the White House took a tough line on trade talks with China, while a looming...
LG Electronics, regulators oppose Qualcomm's effort to put antitrust ruling on hold
Smartphone maker LG Electronics Inc on Tuesday opposed Qualcomm Inc's efforts to put a sweeping U.S. antitrust decision against the chip supplier on hold as it...
Tesla is serious about a possible record quarter, not so serious about a submarine car
Tesla Inc has "a decent shot at a record quarter on every level", Chief Executive Officer Elon Musk said at the company's annual shareholder meeting on...
Dash for growth at company founded by Indian yoga guru leads to stumbles
Three years ago, Indian yoga guru and entrepreneur Baba Ramdev was riding high.
The media has a big problem, Reuters Institute says: Who will pay for the news?
News organizations are being challenged by technology giants and unsettled by a broader lack of trust but they have a much deeper problem: most people don't...
Mattel rejects renewed merger bid from rival MGA Entertainment
Toymaker Mattel Inc last week rejected another merger offer from Bratz doll maker MGA Entertainment Inc, MGA's chief executive officer, Isaac Larian, said on Tuesday.
Iran scrambles to lift petrochemical sales as sanctions hammer oil
Iran has been racing to step up exports of petrochemicals and tap new markets to compensate for sliding oil sales, Iranian and international industry sources said,...
China's CATL, Ant Financial and Hellobike set up e-bike battery firm
China's Contemporary Amperex Technology Co Ltd (CATL), Ant Financial Services and Hellobike said on Wednesday they will invest 1 billion yuan ($144.60 million) to establish a...
Norway fund may have to offload $1 billion stake in Glencore in shift away from coal
Norway's $1 trillion sovereign wealth fund may have to sell its $1 billion stake in commodities giant Glencore, among other companies that derive more than 30...
KKR offers 40% premium to buy out Axel Springer minorities
Funds controlled by U.S. private equity investor KKR on Wednesday offered 63 euros a share to buy out minority shareholders in Axel Springer in a deal...