Posts Tagged ‘IPO’

Manchester United has tepid NY stock market debut

Fitzgerald Cecilio – 4E Sports Reporter New York, NY, United States (4E Sports) – Manchester United did not perform as expected during its much-anticipated stock market debut Friday, raising just $ 234 million from 16.7 million shares to finance the debt-riddled team. The team (MANU.N) opened at $ 14.05 per share on the New York […]

Facebook underwriters face lawwuits over IPO

Morgan Stanley, Goldman Sachs, JP Morgan Chase and the long list of Facebook underwriters have been slapped with a lawsuit by investors who say they were misled. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Facebook opens at $42

Diane Alter – Fourth Estate Cooperative Reporter New York, N.Y., United States (4E) – Following months of speculation, hype and frenzy, Facebook finally began trading as a public company Friday. Shares were priced Thursday night at $ 38 a share, valuing the company at $ 104 billion, raising $ 16 billion, and making it the […]

Facebook raises IPO price range

Diane Alter – Fourth Estate Cooperative Reporter New York, NY, United States (4E) – With its highly anticipated IPO just a few days away, Facebook has raised the target price range for its initial public offering to $ 34 to $ 38 a share, up from the original $ 28 to $ 35 range set […]

Palestine Exchange to list its own shares

The Media Line Staff Palestinian Territory David Rosenberg / The Med – The Palestine Exchange (PEX), which makes a market for shares in 46 local companies with a combined market capitalization of $ 2.9 billion, is on its way to becoming a publicly traded stock itself. Shares in the PEX will begin trading on the […]

Yippee! Yelp shares soar 60 percent in IPO

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Investors who got in on the initial public offering of Yelp are yelling yippee! Shares soared some 60 percent in its debut on Friday. The San Francisco-based ratings and reviews site priced its IPO late Thursday at $ 15 per share. Shares […]

Vodafone wins Indian court battle against $2.2 billion tax

Linda Young – AHN News Writer New Delhi, India (AHN) – Vodafone Group Plc won a court victory in its 4-year tax battle against the demand by India’s government to pay $ 2.2 billion in taxes for its $ 10.7 billion purchase of Hutchison Whampoa Ltd. in 2007. India’s Supreme Court ruled in Vodafone’s favor […]

Stocks flat on the open Thursday after jobless claims drops

Diane Alter – AHN News Reporter NYC, NY, United States (AHN) – U.S. stocks were little changed after the open Thursday despite a report from the Labor Department that showed jobless claims fell to a 7 month low. Just after 9:30 a.m., the Dow Jones Industrial Average was down 21 points, the Standard and Poor’s […]

Silicon Valley holds its breath as Groupon prepares to go public

Long-delayed IPO could create wake for other tech firms to follow — or could simply turn into a wake. View full post on Business Stories

Groupon filing halves sales as executive goes

Chief operating officer Georgiadis goes back to Google as online coupon group slashes its numbers ahead of its much-anticipated IPO View full post on UK Business Stories