Verisk Analytics shares soar immediately in trading debut; offering price higher than expectedOctober 7th, 2009 Verisk Analytics IPO soars in trading debutNEW YORK — Shares of Verisk Analytics Inc., an insurance data specialist that first signaled that it planned to offer shares to the public shortly before the collapse of Lehman Brothers, soared Wednesday in their trading debut. The Jersey City, N.J., company, whose selling stockholders include insurance giants American International Group and Hartford Financial Services Group Inc.
Banco Santander, Verisk attract $10 billion through IPOs as market shows more signs of thawOctober 7th, 2009 IPO market flexes muscle raising $10B in 1 dayNEW YORK — There is growing evidence that the market for initial public offerings is rebounding after essentially disappearing at the height of the credit crisis as two new issues raised a combined $10 billion Wednesday. However, analysts say the market's re-emergence isn't open to every company, and that only the strong can successfully launch stock sales right now.
Education Management shares soar in IPO debut after pricing at low end of rangeOctober 2nd, 2009 Education Management shares rise in IPO debutNEW YORK — Education Management Corp. shares soared almost 25 percent Friday in their debut in an initial public offering after being priced at the low end of their proposed range.
UAL to launch offerings of 19 million common shares and $175M in notesSeptember 30th, 2009 UAL to launch public offering of stock and notesNEW YORK — The parent company of United Airlines, UAL Corp., says it plans to offer 19 million shares and $175 million in convertible senior notes due 2029 in a pair of public offerings. Shares fell 60 cents, or 6.5 percent, to $8.62 in aftermarket trading.
Eight companies look to raise $3.7 billion in biggest week for IPOs in nearly 2 yearsSeptember 17th, 2009 As stocks keep rallying, IPOs returnNEW YORK — Coming off its worst year in three decades, the market for initial public offerings is starting to show signs of life. Eight companies are looking to raise as much as $3.7 billion when they go public next week, the most activity the U.S.
Photronics says it will offer at least 6.3M in new stock and $50M in notes due 2014September 9th, 2009 Photronics plans to sell stock and senior notesBROOKFIELD, Conn. — Photronics Inc.
Mid-cap broker shares trade mixed on sector upgrade from Goldman SachsAugust 27th, 2009 Goldman analyst upgrades mid-cap brokers sectorBOSTON — A Goldman Sachs analyst on Thursday upgraded his sector rating for midsized brokerages, saying an expected resurgence of corporate mergers and acquisitions as well as initial public offerings should lift the firms. In addition to raising his coverage view of mid-cap brokers to "Attractive" from "Neutral," Goldman analyst Daniel Harris raised his rating on the M&A boutique firm Greenhill & Co.
As markets recover, more companies expected to launch public stock offerings in months aheadAugust 18th, 2009 After slow start, more IPOs predicted in 2009NEW YORK — The decision by Rosetta Stone Inc. to cancel its public stock offering Monday triggers questions about companies' efforts to raise money in the capital markets as long as investors remain skittish.
India inc to raise Rs.16,000 crore through public offersJuly 30th, 2009 NEW DELHI - Buoyed by the recent surge in capital markets, India Inc is planning to raise Rs.16,000 crore ($3.3 billion) through initial public offerings (IPOs) this fiscal, an industry lobby report said Thursday. "The companies are weighing higher expectations from renewed investor's sentiments to raise funds from the primary market," Assocham president Sajjan Jindal said.
China's main stock market index dives nearly 8 percent after huge IPO starts tradingJuly 29th, 2009 Chinese stocks dive after huge IPOBEIJING — China's main stock market index has dived nearly 8 percent after the world's biggest initial public offering this year started trading. The benchmark Shanghai Composite Index was down 7.7 percent in afternoon trading after shares from the $7.3 billion IPO by China State Construction Engineering entered the market.
Shanghai exchange's first IPO in 11 months soars 323 percent on debut trading dayJuly 27th, 2009 Shanghai's first IPO in 11 months soars on debutBEIJING — The first company to list on China's main stock exchange in 11 months soared more than 300 percent in its trading debut Monday, reflecting renewed market activity following a sharp decline last year. Sichuan Expressway Co.
Study: IPOs decline 8 percent year-over-year in second quarterJuly 6th, 2009 Study: IPOs decline 8 pct in second quarterNEW YORK — Hoover's Inc. said Monday the number of U.S.
Ashanti set to make her stage debut in 'The Wiz' at City Center's 'Encores1"April 29th, 2009 Ashanti set to make her stage debut in 'The Wiz'NEW YORK — Ashanti (AH'-shaun-tee) is going down the Yellow Brick Road to Oz. The Grammy-winning singer-songwriter will make her stage debut this summer as Dorothy in a revival of "The Wiz," the soul-tinged version of the classic L.
China aluminum firm aims to raise $1.6 billion from Hong Kong initial public offeringApril 23rd, 2009 China aluminum firm seeks $1.6 billion from IPOHONG KONG — China Zhongwang Holdings, a manufacturer of aluminum products, said Thursday it is seeking to raise as much as $1.6 billion in one of the biggest initial public offerings so far this year. The company is selling 1.4 billion shares, or 25.9 percent of its enlarged share capital, for between HK$6.80 and HK$8.80 a share ($0.88 to $1.14), according to the prospectus for the offer.
'Barbie' to make her runaway fashion week debut Feb 14February 10th, 2009 LONDON - Barbie, the original fashion doll, is all set to make her runaway debut at the New York Fashion Week on the Valentine's Day. The 11.5-inch plastic doll is still on the top as a high-fashion muse for the international designers.