Latest News on private equity markets

Lordstown Motors pursuing $200 million U.S. retooling loan, will show EV truck at Detroit show: CEO

Electric pickup truck start-up Lordstown Motors is pursuing a $200 million loan from a U.S. Energy Department program to retool a former General Motors factory in northeast Ohio, Chief Executive Steve Burns told Reuters.



6 years ago

New rules are gutting consumer watchdog group from the inside, legal experts say

The Consumer Financial Protection Bureau has a new policy that some fear will weaken its policing of Wall Street.

6 years ago

Global stocks rebound in broad rally, safe-havens lose luster

Global equity markets rebounded in a broad rally on Tuesday and some safe-haven assets lost a bit of their appeal as investors took a less pessimistic view of the potential economic fallout from China's coronavirus outbreak.



6 years ago

Apple leads Wall Street rebound ahead of results

U.S. stocks rebounded on Tuesday, with the S&P 500 bouncing back from its worst day in nearly four months, led by a climb in Apple and other names after concerns on the economic impact of the coronavirus outbreak in China sparked a sell-off last week.



6 years ago

Harley-Davidson's sales growth struggle sends shares tumbling

Harley-Davidson Inc on Tuesday reported a decline in quarterly motorcycle revenue that outpaced Wall Street's estimates as retail sales in the United States dived again, sending its shares lower.



6 years ago

High expectations for Tesla, and a long way to go to match rivals' steady profit

Buckle up. Tesla's quarterly report could be another wild ride for investors.



6 years ago

Exclusive: Do or die - Nissan takes the axe to the house Ghosn built

Nissan is planning aggressive cost cuts to deal with an unexpected slump in sales as the expansionist strategy it inherited from fugitive former Chairman Carlos Ghosn flounders, four people familiar with the plans said.



6 years ago

AMD forecasts current-quarter revenue below estimates

Advanced Micro Devices Inc forecast current-quarter revenue below Wall Street estimates on Tuesday, due to waning demand from console makers such as Sony and Microsoft ahead of new launches.



6 years ago

Exclusive: OxyContin maker Purdue is 'Pharma Co X' in U.S. opioid kickback probe - sources

OxyContin maker Purdue Pharma LP is the unnamed company that surfaced in criminal charging documents filed earlier this week in a probe of illegal kickbacks from drugmakers, according to people familiar with the matter.



6 years ago

Apple iPhone sales return to growth, pushing profits above expectations

Apple Inc on Tuesday reported sales and profits for the holiday shopping quarter above Wall Street expectations, powered by a rise in iPhone sales for the first time in a year and soaring demand for add-ons like AirPods wireless headphones.



6 years ago

Global stocks rally in big rebound, safe-havens lose luster

Global equity markets rebounded in a broad rally on Tuesday and some safe-haven assets eased as investors took a less pessimistic view of the potential economic fallout from China's coronavirus outbreak.



6 years ago

EBay fourth-quarter revenue beats estimates

EBay Inc beat Wall Street estimates for quarterly revenue on Tuesday, as the e-commerce company's efforts to simplify user experience attracted more customers.



6 years ago

Airbus faces $4 billion fine after international bribery probe

Airbus faces a $4 billion fine and sharply lower 2019 profits after unveiling a preliminary deal with French, British and U.S. authorities following a crippling three-year probe into allegations of bribery and corruption over jetliner sales.



6 years ago

Apple sparks Wall Street bounce ahead of results

U.S. stocks rebounded on Tuesday, as the S&P 500 bounced back from its worst day in nearly four months, led by a climb in Apple and other names hit by exposure concerns to the coronavirus outbreak in China that sparked a recent sell-off.



6 years ago

Starbucks expects impact from coronavirus in second quarter

Starbucks Corp said on Tuesday the outbreak of a new coronavirus in China would have a material impact on its second-quarter results.



6 years ago