Latest News on private equity markets

Ferrari tempers 2020 expectations with cautious upgrade

Demand for Ferrari's Portofino and 812 Superfast models helped the Italian supercar maker hit profit targets for last year though it only a provided cautious upgrade to its outlook for 2020.



6 years ago

Stocks, commodities firmer as China works to cool virus worries

World markets bounced on Tuesday, with Chinese stocks reversing some of a previous coronavirus-related plunge amid official efforts to soothe nerves and both Europe and metals scoring their best day of the year so far.



6 years ago

Penn National's investment in Barstool Sports is 'going to be worth a ton,' Ron Baron says

Billionaire investor Ron Baron told CNBC's "Squawk Box" why he thinks Penn National's investment in Barstool will be a success.

6 years ago

VW's Skoda targets Indian revival with tougher safety, emission rules

Skoda is hoping government moves to drag regulations for cars sold in India up to developed market standards will help turn around its fortunes in a market where it has stalled.



6 years ago

Defense aircraft demand boosts U.S. factory orders; underlying weakness lingers

New orders for U.S.-made goods increased by the most in nearly 1-1/2 years in December amid strong demand for defense aircraft, but weak business spending on equipment pointed to limited scope for a sharp rebound in manufacturing even as business confidence is improving.



6 years ago

Cramer sees Tesla worth twice the combined market cap of GM and Ford — it was just shy Tuesday

Shortly after the open, Tesla almost got there, hitting an all-time intraday high of $940 per share for a market cap of about $165 billion.

6 years ago

Wall Street recovery continues on China stimulus measures

Gains in technology heavyweights helped Wall Street's main indexes climb for the second day on Tuesday, with fresh intervention by China's central bank calming investor nerves.



6 years ago

Electric dream: Britain to ban new petrol and hybrid cars from 2035

Britain will ban the sale of new petrol, diesel and hybrid cars from 2035, five years earlier than planned, in an attempt to reduce air pollution that could herald the end of over a century of reliance on the internal combustion engine.



6 years ago

Ralph Lauren closes half of China stores on coronavirus outbreak

Ralph Lauren Corp said on Tuesday it has shut about half of its 110 stores in China due to the coronavirus outbreak, which has so far killed over 420 people.



6 years ago

Stocks surge, oil rebounds on China virus efforts

Crude oil prices rebounded and global equity markets surged on Tuesday as China's efforts to minimize the economic impact from the coronavirus epidemic spurred investors' risk appetite.



6 years ago

U.S. Federal Reserve bars Goldman Sachs executive from industry for role in 1MDB scandal

The U.S. Federal Reserve announced Tuesday it had permanently barred Goldman Sachs executive Andrea Vella from the banking industry for his role in Malaysia's 1MDB scandal.



6 years ago

Hyundai to halt South Korea output as China virus disrupts parts supply

Hyundai Motor will suspend production in South Korea because the coronavirus outbreak has disrupted the supply of parts, it said, becoming the first major carmaker to do so outside of China.



6 years ago

Ups and downs: the battle to buy Thyssenkrupp's elevator unit

Finland's Kone and private equity firms are battling to buy ThyssenKrupp's prized elevator division worth more than 15 billion euros ($16.6 billion), a deal which would be Europe's biggest private equity deal in 13 years.



6 years ago

Tesla is jumping yet again, soaring as much as 20% following a 19% surge on Monday

The surge comes a day after Tesla stock climbed nearly 20%, its biggest one-day gain in six years.

6 years ago

Near retirement? Avoid these 3 hiccups with your health savings account

If you've been a diligent saver, you've been stashing money into your health savings account to help cover those medical costs in retirement. Here are three things you should know if you're approaching your 60s and have an HSA.

6 years ago