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Latest News on private equity markets

Takeaway.com lands $10 billion Just Eat deal in food delivery race

Amsterdam-based Takeaway.com has agreed to buy Just Eat in an 8.2 billion pound ($10.1 billion) deal to create the world's largest online food delivery firm outside China in a race to rule the $100 billion market.



6 years ago

Activist investor Cat Rock calls Just Eat, Takeaway.com deal 'excellent news'

Investment firm Cat Rock on Monday lauded Amsterdam-based Takeaway.com's deal to buy Just Eat in an 8.2 billion pound ($10.05 billion) deal to create one of the world's largest online food delivery firms.



6 years ago

RBC names Gilead a top biotech pick based on valuation

RBC Capital Markets upgraded biotechnology company Gilead to its top pick from outperform and maintained its $91 price target.

6 years ago

Wall Street mixed as Amazon, Facebook weigh

A fall in shares of Amazon and Facebook pulled the S&P 500 and Nasdaq indexes lower on Monday as investors looked ahead to major tech earnings including that of Apple to assess the impact of U.S.-China trade tensions.



6 years ago

Wall Street's equities titans are in the midst of an expensive technological arms race. Here's why

'Algo wheels' and the rise of the machines: How stock trading became Wall Street's winner-take-all battleground.

6 years ago

Exclusive: India's SBI tightens lending terms for auto dealers - source, internal memo

State Bank of India (SBI) has tightened lending terms dramatically for auto dealerships, according to a source and an internal memo seen by Reuters, seeking to reduce its exposure to risk from a sector in the midst of a sharp downturn.



6 years ago

How Democratic presidential candidate Joe Biden would increase Social Security benefits

Biden, who is currently leading in the polls, wants to change Social Security to prevent the eldest workers from running out of money and the the poorest from retiring into poverty. To do that, the plan calls for raising taxes on high earners.

6 years ago

Brexit worries knock sterling; stocks slip

The British pound touched its lowest against the dollar in over two years after Prime Minister Boris Johnson said a hard divorce from the EU was in the cards, while stocks dipped globally on Monday after last week hitting their highest in five months.



6 years ago

Citi combines its stock trading and prime brokerage business

Citigroup Inc is combining its stock trading business with its prime brokerage unit, which caters to hedge funds, private equity firms and other investors.



6 years ago

Germany's Bayer dealt new legal blow as more Brazil farmers challenge soy patent

Germany's Bayer AG , which completed the takeover of U.S.-based Monsanto last year, has been dealt a legal blow in Brazil as more farmers joined a lawsuit challenging the protection of a key soy seed patent.



6 years ago

Sterling slumps on 'no-deal Brexit' worries; stocks dip

The British pound touched its lowest level in over two years against the dollar after Prime Minister Boris Johnson said a hard divorce from the EU was in the cards, while stocks dipped globally with Wall Street backing off record highs.



6 years ago

Beyond Meat tops revenue estimates, stock offering hits shares

Beyond Meat Inc on Monday said demand for its plant-based burgers and sausages soared in the second quarter and prompted an increase in its full-year forecast but shares tumbled when the company announced plans for a stock offering.



6 years ago

Wall St. takes a pause in wait for Fed news, trade progress

U.S. stocks stepped back from peak levels on Monday as investors took a breather as they anticipated a U.S. Federal Reserve interest rate cut this week and looked for signs of progress from U.S.-China trade negotiations, currently under way in Shanghai.



6 years ago

Uber lays off 400 employees in marketing team

Ride-hailing company Uber Technologies Inc said on Monday it laid off 400 people globally from its marketing team.



6 years ago

Beyond Meat shares crumble on stock offering surprise, demand for meatless burgers soars

Beyond Meat Inc saw shares sink on Monday on plans for another stock offering just three months after its IPO while demand for its plant-based burgers and sausages soared in the second quarter and prompted an increase in its full-year sales forecast.



6 years ago