By Sarah Young LONDON (Reuters) -Thames Water suffered a major setback in its fight to avoid nationalisation on Tuesday as it said U.S. private equity firm KKR had pulled out of a multi-billion pound rescue plan. Britain’s biggest water supplier has been pushed to the edge by its 18 billion pound ($24.35 billion) debt pile, and was banking on KKR investing about 4 billion pounds in new equity t ...
By Stephen Culp NEW YORK (Reuters) -Wall Street edged higher and the dollar rebounded on Tuesday as market participants looked past ongoing tariff wrangling and lowered economic expectations ahead of Friday’s crucial U.S. employment report. All three major U.S. stock indexes were up modestly while gold backed down from a near four-week high in opposition to the strengthening greenback. "Today is ...
Investing.com – Poland stocks were lower after the close on Tuesday, as losses in the Information Technology, Basic Materials and Banking sectors led shares lower.At the close in Warsaw, the WIG30 fell 0.93%.The best performers of the session on the WIG30 were CD PROJEKT SA (WA:CDR), which rose 6.77% or 15.00 points to trade at 236.50 at the close. Meanwhile, Pepco Group Nv (WA:PCOP) added 1.8 ...
Investing.com -- Goldman Sachs initiated coverage on U.S. auto service providers taking a cautious stance on the sector amid concerns about market saturation and execution risk, while expressing optimism about select long-term growth stories.Valvoline (NYSE:VVV) received a Buy rating with a 12-month price target of $45, implying 31% upside. Goldman called the company a “best-in-class operat ...