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Latest News on private equity markets

Advisors hire next-generation talent to thrive. Here's how some practices have already done it

As 40% of advisors plan to retire within the next 10 years, young financial advisors can help fill the gap. Here's how advisory practices are integrating younger generations into their teams.

5 years ago

Goldman Sachs really likes this wing restaurant

Goldman Sachs added Wingstop to its Americas Conviction List based on marketing initiatives and international growth opportunities.

5 years ago

General Motors pulls out of Russian car assembly business with Avtovaz deal

Russia's biggest automaker Avtovaz said on Monday it would buy out General Motors from their joint venture producing vehicles in Russia under the Chevrolet brand, effectively ending GM's presence in car assembling in the country.



5 years ago

Bank of America just got really bullish suddenly on these small chip stocks

Bank of America estimates 1.4 billion 4G smartphones and several hundred million other devices will need to be upgraded when 5G materializes.

5 years ago

When it comes to money matters, our brains are actually wired to do it all wrong

Our brains have evolved over thousands of years to focus on short-term survival in a dangerous world with limited resources. They were not designed for today's optimal financial behaviors.

5 years ago

Apple will lose market share in China during the transition to 5G, analyst says

"We believe Apple will lose market share in China in the March quarter," Rosenblatt analyst said.

5 years ago

Wall Street dips at open on weak Chinese data; tariff deadline looms

U.S. stocks opened slightly lower on Monday, as weak data from China rekindled fears of a slowdown in the world's second-biggest economy, while investors looked for any positive news on trade talks ahead of a tariff deadline later in the week.



5 years ago

Exclusive: Hyundai's $1.8 billion deal with Daewoo faces EU probe - sources

World No. 1 shipbuilding group Hyundai Heavy Industries Holdings Co Ltd's $1.8 billion merger with rival shipbuilder Daewoo is expected to face a full-scale investigation in Europe due to serious EU antitrust concerns, two people familiar with the matter said on Monday. 



5 years ago

Bankrupt PG&E to take $4.9 billion more charge on wildfire victim claims

PG&E Corp said https://www.sec.gov/ix?doc=/Archives/edgar/data/75488/000095015719001393/form8-k.htm on Monday it would take a pretax charge of $4.9 billion in the current quarter related to the settlement of claims from victims of some of most devastating wildfires in California's modern history.



5 years ago

Flying cars could lure investors away from ground-based services: survey

Electric air taxis — known colloquially, if somewhat misleadingly, as "flying cars" — could draw millions of investor dollars away from ground-based transportation start-up firms in 2020, according to a study released on Monday.



5 years ago

S&P 500, Nasdaq edge higher; tariff deadline in focus

The S&P 500 and Nasdaq indexes edged higher on Monday, with investors keeping a close watch on headlines around U.S.-China trade as planned tariffs on Chinese imports kick in on Dec. 15.



5 years ago

Cramer: Investors are not prepared for Trump walking away on China trade, but they should be

President Trump feels "prodded by the Chinese, humiliated," says Cramer, pointing to what he calls the latest "provocation" from Beijing.

5 years ago

Xerox expects revenue growth of up to $1.5 billion with HP takeover

Xerox Holdings Corp expects its proposed acquisition of personal computer company HP Inc to result in sales growth of as much as $1.5 billion for the combined company, according to a presentation by the printer maker.



5 years ago

Exclusive: Hyundai's $1.8 billion shipbuilding deal with Daewoo faces full EU probe - sources

World No. 1 shipbuilding group Hyundai Heavy Industries Holdings Co Ltd's $1.8 billion merger with rival shipbuilder Daewoo will face a full-scale investigation in Europe due to serious EU antitrust concerns, two people familiar with the matter said on Monday. 



5 years ago

Intel creates chip to control quantum computers

Quantum computers aim to carry out tasks in just a few minutes that would take today's best conventional computers thousands of years. But in nearly every photograph of the devices, there's a tangle of wires in the background connected to equipment that controls the quantum computer.



5 years ago