Stung by the loss of the IPO of Chinese e-commerce firm Alibaba, the Hong Kong stock exchange took a step towards loosening its listing rules.» Read More
HONG KONG, Aug 30- Chinese e-commerce company Alibaba Group Holding Ltd is set to start formally pitching its New York initial public offering to investors in the week of Sept. 8, the New York Times reported, citing an unnamed person briefed on the decision.
Scottsdale, Arizona- based Store Capital buys real estate from large tenants, such as chain restaurants, supermarkets and health clubs, and leases the properties back to the tenants. Reuters reported in July that Store Capital had hired banks to explore a potential offering that could raise $300 million to $500 million and value the company at about $2 billion.
Aug 29- Real estate company Store Capital Corp filed with U.S. regulators on Friday to raise up to $500 million in an initial public offering of common stock. The Scottsdale, Arizona- based company listed Goldman Sachs, Credit Suisse and Morgan Stanley among the underwriters to the IPO.
HONG KONG, Aug 29- Stung by the loss of the high-profile IPO of Chinese e-commerce firm Alibaba Group, the Hong Kong stock exchange on Friday took a first step towards potentially loosening its listing rules and allowing firms with dual-class share structures to list in the city.
TOKYO, Aug 29- Twenty-one companies have applied to underwrite Japan Post's initial public offering scheduled for 2015, which market participants expect to raise almost $10 billion for the government. State-owned Japan Post provides post office, insurance and banking services and is the country's largest savings institution.
NAB acquired regional lender Great Western in 2008 for just below $1 billion to get more involved in funding agribusiness in the United States, but the operation lacks the scale of larger competitors in the western states where it operates.
HONG KONG, Aug 28- China shares slipped on Thursday as a batch of initial public offerings started taking subscriptions, diverting money from existing stocks and pulling down the indexes to multi-week lows. Agricultural Bank of China, joining two other major banks, late on Tuesday reported slowing profit growth and rising bad loans for the second quarter.
Weakness in the mainland market pared gains in Hong Kong, which had opened up 0.6 percent following another steady performance by Wall Street, where indexes hovered near record highs. The China Enterprises Index of the top Chinese listings in Hong Kong was off 0.2 percent.
Aug 27- Alibaba Group Holding Ltd's revenue accelerated in the second quarter on strong gains in its mobile business, providing investors with what may be the final glimpse of the Chinese e-commerce company's financials before its expected landmark market debut.
BEIJING, Aug 28- Masayoshi Son's nose for an investment has turned a $20 million start-up punt on Alibaba into a stake worth maybe $50 billion or more as the Chinese e-commerce giant co-founded and led by Jack Ma heads to what could be the biggest U.S. tech IPO of all time.
NEW YORK— Lending Club, a company that aims to reduce the cost of lending by connecting consumers with investors, filed for an initial public offering valued at up to $500 million on Wednesday. LendingClub Corp. runs an online marketplace that connects borrowers and investors.
Aug 27- LendingClub Corp, the world's largest online marketplace connecting borrowers and investors directly, filed with U.S. regulators for an initial public offering of common stock. LendingClub's investors include Norwest Venture Partners, Foundation Capital LP, Morgenthaler Venture Partners and Canaan LP.
Paramount has over 16.5 million square feet of prime office space and several buildings in major cities, including San Francisco's landmark One Market Plaza building, Washington DC's Liberty Place and Paramount Plaza on Broadway.
Aug 27- LendingClub Corp, the world's largest online marketplace connecting borrowers and investors, filed with U.S. regulators for an initial public offering of common stock.
CNBC's Dominic Chu reports Lending Club has filed for an IPO, but there is no indication of which exchange the stock will list with.
The company listed BofA Merrill Lynch, Morgan Stanley and Wells Fargo Securities as underwriters.
**Q1 net income attributable to ordinary shareholders nearly triples to $1.99 billion, or 84 cents per share. **Revenue from China commerce retail business up about 46 pct to $2.15 billion. **Chairman Jack Ma owned 8.8 pct of Alibaba's ordinary shares and Softbank Corp had a 34.1 pct stake, as of June 30.
CNBC's Kayla Tausche breaks down Alibaba's most recent quarterly earnings. Roger McNamee, Elevation Partners, provides insight to the impeding public offering.
Aug 27- China's Alibaba Group Holding Ltd, which is expected to go public in New York as early as next month, reported a 46 percent jump in quarterly revenue as growth in the world's largest e-commerce market showed no signs of slowing.
Nobody knows exactly when Alibaba will hit the market, but the IPO is being foreshadowed by a growing paper trail.