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Latest News on private equity markets

U.S., China agree to roll back tariffs in phase one trade deal: U.S. official

The United States and China have agreed to roll back tariffs as part of the first phase of a trade deal between the world's two biggest economies, a U.S. official confirmed on Thursday.



6 years ago

Teva Pharm says opioid settlement will not derail ability to cut debt

Teva Pharmaceutical Industries Ltd on Thursday expressed confidence in its ability to continue paying down its huge debt burden even if it is forced to pay billions of dollars to settle thousands of U.S. opioid lawsuits.



6 years ago

Exclusive: Freddie Mac retains McKinsey & Company to consult on capital management

Housing giant Freddie Mac has hired management consultants McKinsey & Company to advise the firm on capital management ahead of a potential exit from government control, a spokesman said Thursday.



6 years ago

T-Mobile in talks with Sprint on merger, does not rule out lower price

T-Mobile US Chief Executive John Legere on Thursday acknowledged talks are ongoing with Sprint Corp to extend their merger agreement, but he declined to rule out requesting the $26 billion price be reduced.



6 years ago

A global index provider is putting more weight on China stocks, raising concerns from lawmakers

MSCI later today will announce an increase in the weighting of mainland China in its MSCI Emerging Markets Index. Sen. Marco Rubio has raised red flags about the move.

6 years ago

Restart of idled St. Croix oil refinery set for early 2020 after delay

A $1.6 billion plan to refurbish a long-idled Caribbean oil refinery is about 75% complete and could begin delivering fuel supplies early next year, company and government officials said this week.



6 years ago

Expedia, TripAdvisor fall more than 20% after blaming poor earnings on decrease in Google search results

Expedia and TripAdvisor stocks tanked following poor third-quarter earnings after the bell Wednesday.

6 years ago

The Santa Claus rally has already started and there's more to go, market analyst Tom Lee says

Improving economic data and solid earnings have prompted the analyst to raise his year-end target for the S&P 500 to 3,185, roughly a 3% gain from here.

6 years ago

Re-sale market drives hype around H&M designer collaborations

As fast-fashion giant H&M pushes more designer tie-ups, some consumers are eschewing the long lines outside stores to buy the looks in the fast-growing resale market.



6 years ago

SoftBank-backed Banco Inter launches app linking clients to stores

Brazilian mid-sized lender Banco Inter SA on Thursday launched a smartphone app offering clients direct access to more than 60 stores selling products from appliances to sneakers to beauty products.



6 years ago

U.S. charges New York company with illegal Chinese equipment sales

Federal prosecutors have filed criminal charges accusing a New York company of exposing the U.S. government and private customers to security risks by illegally importing and selling surveillance and security equipment from China.



6 years ago

T. Rowe Price's McPherson sees green light for value stocks

Economic uncertainty has held back value stocks, but fund manager Heather McPherson of T. Rowe Price Group Inc sees plenty of opportunity to scoop up undervalued shares, including in the financial and utilities sectors.



6 years ago

Your student loan bill is due soon. Don't make these costly mistakes

Students who were handed their diplomas in May or June will find the half-a-year grace period on their federal student loans come to an end this month or next.

6 years ago

Exclusive: Trump administration rule changes to ease gun exports progress

The Trump administration has passed a key milestone in a long-delayed rule change that would make it easier to sell U.S. firearms outside the United States, including assault rifles and ammunition, people briefed on the matter told Reuters.



6 years ago

Wall Street hits fresh record high on trade deal hopes

Wall Street hit fresh record highs on Thursday, as investors cheered signs of progress in U.S.-China trade relations and a batch of largely upbeat earnings reports.



6 years ago