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Latest News on private equity markets

ConocoPhillips misses profit estimates, boosts share buyback by $10 billion

ConocoPhillips boosted its share buyback program by $10 billion on Tuesday even as lower oil and gas prices continued to batter the world's largest independent oil and gas producer's profit.



5 years ago

Google parent Alphabet loses trillion-dollar status after revenue miss

Alphabet Inc shares fell 4% on Tuesday after the search giant posted its first holiday-quarter revenue miss in five years, even as new disclosures on the company's smaller YouTube unit were warmly welcomed by Wall Street.



5 years ago

Tesla draws comparisons to past speculative bubbles: 'Stock is going to get absolutely clobbered'

Some investors believe Tesla has ballooned to levels unjustified by its fundamentals.

5 years ago

Bombardier in talks to sell business-jet unit to Textron: WSJ

Canada's Bombardier Inc is in talks to sell its business-jet unit to U.S. maker of Cessna jets, Textron Inc , the Wall Street Journal reported https://www.wsj.com/articles/bombardier-in-talks-to-sell-business-jet-unit-to-textron-11580835712?mod=searchresults&page=1&pos=2, citing people familiar with the matter.



5 years ago

Gig work balloons over past decade — as do the financial worries

The share of workers in the gig economy has grown 15% among American businesses since 2010, and some experts worry about the financial challenges this trend presents.

5 years ago

Elon Musk is as if 'Thomas Edison and Henry Ford made a baby,' analyst says as Tesla stock soars

Morgan Stanley analyst Adam Jonas gave Tesla's Elon Musk high praise on Tuesday.

5 years ago

Virus fears wipe $393 billion off China's stock market despite government support moves

Investors erased $393 billion from China's benchmark stock index on Monday, sold the yuan and dumped commodities as fears about the spreading coronavirus and its economic impact drove selling on the first day of trade in China since the Lunar New Year.



5 years ago

Shares of food delivery giant Just Eat-Takeaway start trading

Shares in Just Eat-Takeaway, the company forged by Dutch online service Takeaway's $7.8 billion acquisition of British food deliverer Just Eat, commence trading on the London Stock Exchange on Monday.



5 years ago

Ryanair posts third quarter profit but warns 737 MAX woes could delay growth target

Ryanair cheered investors with a return to profit in the third quarter but warned its target of flying 200 million passengers per year may be delayed two years due to the grounding of Boeing's 737 MAX jet.



5 years ago

Panasonic posts first quarterly profit in U.S. battery business with Tesla

Panasonic Corp reported the first quarterly profit in its U.S. battery business with Tesla Inc on Monday, after several years of production troubles and delays at the U.S. partner.



5 years ago

France's Renault extends Wuhan plant closure to Feb. 13

French carmaker Renault will extend a shutdown at its factory in China's Wuhan until Feb. 13, in line with the Chinese government's guidance over the coronavirus for workers in the city and extended Lunar New year holidays, a spokeswoman said on Monday.



5 years ago

Global shares hit seven-week lows as virus fears savage China's markets

World shares sank to their lowest in seven weeks on Monday, dragged down by a plunge in Asian stocks on their first trading day after a long break on fears the coronavirus epidemic would hit demand in China.



5 years ago

Imperial Brands hires Inchcape's Bomhard as new CEO to revive e-cigarette sales

Cigarette maker Imperial Brands Plc named Stefan Bomhard, CEO of car dealer Inchcape , as its new chief executive on Monday to steer the company through challenges in e-cigarettes and vaping and falling consumption of tobacco products.



5 years ago

Huawei, Chinese chip makers keep factories humming despite virus outbreak

Some technology firms in China have maintained operations to manufacture parts and products despite government calls in various cities and provinces for companies to halt work to help stop the spread of a new coronavirus.



5 years ago

Santander's chairman Ana Botin increases shares in bank by 1 million: regulator

The chairman of Spain's Santander , Ana Botin, last week bought 1 million shares in the bank, according to a regulatory filing published on Monday.



5 years ago