Latest News on private equities market

Wall St. rebounds, dollar gains on solid GDP data, upbeat earnings

U.S. stocks bounced back and the dollar hit a two-month peak on Friday as solid economic data and a spate of positive earnings reports brought buyers back to the market.



6 years ago

Trump says second-quarter economic growth was 'not bad'

U.S. President Donald Trump wrote in a tweet on Friday that second-quarter economic growth, which slowed by less than expected, was "Not bad considering we have the very heavy weight of the Federal Reserve anchor wrapped around our neck."



6 years ago

S&P 500, Nasdaq hit record high on upbeat Alphabet earnings, GDP data

Robust earnings from Google-parent Alphabet and Twitter took the S&P 500 and Nasdaq indexes to record highs on Friday, with support from data that showed the domestic economy slowed lesser than expected in the second quarter.



6 years ago

U.S. Justice Department approves $26 billion Sprint, T-Mobile merger

The U.S. Justice Department said on Friday it is approving T-Mobile US Inc's $26 billion takeover of rival Sprint Corp, clearing a major hurdle to a deal that would merge the nation's third and fourth largest wireless carriers.



6 years ago

Chevron 'hopeful' of U.S. approval to continue operating in Venezuela

Chevron Corp , the last U.S. oil company operating in Venezuela, said on Thursday it hopes to be able to remain in the Latin American nation as the Trump administration mulls whether to renew its license, expiring on Saturday, to do business there.



6 years ago

The IRS is going after some cryptocurrency holders for back taxes

The tax man knows that you're quietly trading virtual currency, and now it's time to pay the piper.

6 years ago

Dish Network has tough road to become competitive mobile carrier

Dish Network's bid to become a fourth U.S. mobile carrier may cost billions more than it expected and pits it against corporate giants, but the satellite TV provider has an advantage in starting fresh, with no legacy technology to maintain, and deep-pocketed potential partners are standing by.



6 years ago

U.S. economy slows in second quarter ; weak business investment a red flag

U.S. economic growth slowed less than expected in the second quarter as a surge in consumer spending blunted some of the drag from declining exports and a smaller inventory build, which could further allay concerns about the economy's health.



6 years ago

Oil up on U.S. economic data, Strait of Hormuz tanker dispute

Oil prices inched up on Friday, on track for a weekly increase, boosted by upbeat U.S. economic data and concerns over the safety of oil transport around the Strait of Hormuz.



6 years ago

London Stock Exchange in talks to combine with Refinitiv: FT

The London Stock Exchange Group Plc is in talks to combine with financial data analytics and trading platform Refinitiv, the Financial Times reported on Friday, citing people briefed on the matter.



6 years ago

U.S. stocks bounce back; dollar climbs on GDP data, upbeat earnings

The S&P 500 and the Nasdaq hit fresh intraday highs and the dollar reached a two-month peak on Friday as strong economic data and a stream of upbeat earnings reports stoked investor sentiment.



6 years ago

Sprint, T-Mobile win U.S. antitrust approval for $26 billion merger

T-Mobile US Inc won U.S. antitrust approval for its $26 billion takeover of rival Sprint Corp, the Justice Department said on Friday, clearing a major hurdle to a deal that would merge the nation's third and fourth largest wireless carriers.



6 years ago

Oil gains on U.S. economic data, Gulf crude tanker dispute

Oil prices inched up on Friday, ending the week higher after stronger-than-expected U.S. economic data brightened the crude demand outlook and concerns over the safety of oil transport around the Strait of Hormuz threatened supply.



6 years ago

T-Mobile says cost to close merger with Sprint should come down by 10%

T-Mobile US said on Friday that the cost required to acquire smaller rival Sprint will come down by 10 percent from the initial $26.5 billion following the divesture of assets to Dish Network.



6 years ago

Alphabet, Starbucks send Wall Street to record high

Robust earnings from Alphabet and Starbucks pushed the S&P 500 and Nasdaq indexes to record highs on Friday, with support from data showing U.S. economic growth slowed less than expected in the second quarter.



6 years ago