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Latest News on private equity markets

Saudi Aramco hits Crown Prince's $2 trillion goal despite valuation doubts

Saudi Aramco hit the $2 trillion target sought by de-facto Saudi leader Crown Prince Mohammed bin Salman on Thursday as its shares racked up a second day of gains, despite some scepticism about the state-owned oil firm's value.



5 years ago

Ferrari CEO does not expect fully-electric model until after 2025

Ferrari won't have its first fully electric model ready until after 2025 as the battery technology requires more development, Chief Executive Louis Camilleri said, pushing back expectations.



5 years ago

Samsung to invest an extra $8 billion in China chip plant: media

Samsung Electronics will increase investment at its chip factory in China by $8 billion to boost production of NAND flash memory chips, Chinese media reported on Tuesday.



5 years ago

Southwest reaches partial compensation agreement with Boeing for MAX damages

Southwest Airlines Co said on Thursday it had reached a confidential compensation agreement with Boeing Co for a portion of the projected financial damages related to its 737 MAX aircraft grounding.



5 years ago

Futures eke out gains after Fed holds rates steady

U.S. stock index futures edged higher on Thursday, a day after the Federal Reserve held interest rates steady and struck an optimistic tone on the outlook of the economy.



5 years ago

Aramco shares closing price on Thursday put value slightly below $2 trillion

Saudi Aramco's shares closed at 36.8 Saudi riyals on Thursday, putting the company's market value slightly below $2 trillion.



5 years ago

Delta predicts 2020 profit growth; CEO says more people turning to air travel

Delta Air Lines Inc sees another annual rise in profit and revenue in 2020 driven by what Chief Executive Ed Bastian called a growing interest in air travel by consumers across the generational spectrum.



5 years ago

S&P 500 hits record high as Trump says close to 'big deal' with China

The benchmark S&P 500 hit a record high on Thursday after President Donald Trump said in a tweet that the United States was getting very close to a "big deal" with China.



5 years ago

U.S. producer prices flat; jobless claims at more than two-year high

U.S. producer prices were unexpectedly unchanged in November as increases in food and gasoline prices were offset by declining costs for services, pointing to muted inflation despite a recent uptick in consumer prices.



5 years ago

No money? No problem. Five strategies from a millennial millionaire will get you to that first $10,000

Want to see a five-figure balance in your bank or investment account? Two things to know. Starting is the hardest part. Next hardest: getting to that first $10,000. Then it gets easier.

5 years ago

Here's how Roth IRA conversions can deliver some lucrative hidden benefits

While the biggest lure for moving assets to a Roth IRA is often the tax-free income to be delivered down the road, there are some less obvious reasons the move could make sense.

5 years ago

If you want to be a market-beating investor, find two partners

The best team size is three when managing money, said Michael Mauboussin, director of research at BlueMountain Capital.

5 years ago

An Amazon Alexa executive's move to Taser-maker Axon is the future of law-enforcement technology

When Axon Enterprise hired its new chief software executive from Amazon Alexa and sent him out to accompany police officers on midnight ride-alongs, it was an indicator of where the company known for Tasers and body-worn cameras is headed. The former Amazon executive will be making big bets on the technologies that Axon thinks will be critical to the future of police work.

5 years ago

Robinhood joins a wave of fractional stock-trading offers to bring investing to the masses

Robinhood is joining a wave of companies letting traders buy a fraction of a share.

5 years ago

Cevian's Tischendorf to leave Thyssenkrupp supervisory board

Jens Tischendorf, a partner at activist fund Cevian, will leave the supervisory board of Thyssenkrupp after his five-year term ends next month, the ailing conglomerate said on Thursday.



5 years ago