Shares of Hilton, the world's largest hotel operator, rose 7 percent in their New York Stock Exchange debut on Thursday.» Read More
Dec 12- Shares of Hilton Worldwide Holdings Inc, the world's largest hotel operator, rose more than 9 percent in afteroon trading during their New York Stock Exchange debut on Thursday. The stock climbed as high as $21.92 after Blackstone Group LP raised more than $2.3 billion in the year's second-biggest IPO.
*Hilton Worldwide shares open 6.5 pct above IPO price. NEW YORK, Dec 12- U.S. stocks fell for a third day on Thursday amid uncertainty over how soon the Federal Reserve will trim its market-friendly stimulus program.
Dec 12- Shares of Hilton Worldwide Holdings Inc, the world's largest hotel operator, rose 7 percent in their New York Stock Exchange debut on Thursday. The shares opened at $21.30 after Blackstone Group LP raised more than $2.3 billion in the year's second-biggest IPO. Deutsche Bank AG, Goldman Sachs, Bank of America and Morgan Stanley led the IPO.
Dec 12- Shares of Hilton Worldwide Holdings Inc, the world's largest hotel operator, rose 7 percent in their New York Stock Exchange debut on Thursday. Shares opened at $21.30 after Blackstone Group LP company raised over $2.3 billion in the year's second-biggest IPO. Hilton shares priced at $20 on Wednesday night, within the expected range of $18 to $21.
Chad Mollman, Morningstar equity analyst, and Rod Petrik, Stifel Nicolaus research analyst, discuss "attractiveness" of the Hilton IPO and where the hotel generates its cash flow from.
CNBC's Bob Pisani reports Hilton is expected to open trading anywhere from $20.50 to $21.50. There are six IPO's set to begin trading today.
Eric Foss, Aramark president and CEO, shares his thoughts on the company's NYSE debut and weighs in on where he sees the best prospects for growth.
NEW YORK-- Shipping company Scorpio Bulkers Inc. boosted the size of its initial public offering to and priced the offering at $9.75 per share, which is expected to raise $305.2 million in proceeds.
The "Squawk on the Street" news team discuss the big day for IPOs including Hilton Worldwide and Aramark. Cramer contrasts Hilton and Twitter, and compares Twitter to Amazon. "Twitter is not bound by the four walls of earnings per share," Cramer says.
Josef Schuster, founder of IPOX Schuster, does not expect the Hilton stock to pop much after the IPO, as it's "neither a value or growth stock."
HONG KONG, Dec 12- China Cinda Asset Management Co Ltd is set to rise 23 percent in its Hong Kong trading debut on Thursday, after raising $2.5 billion in the biggest initial public offering for the Asia-Pacific region this year.
Edmond Chan, Partner at PwC, says improving market sentiment and a high pipeline backlog will boost IPO activity in 2014.
Dec 11- Food services provider Aramark Holdings Corp raised $725 million from its initial public offering after its shares were priced at the low end of its planned $20 to $23 price range, an underwriter told Reuters.
It seems the appetite for Chinese listings in the U.S. has renewed after Autohome's stellar NYSE debut. The Asia Squawk Box team discuss.
Hilton Worldwide raised roughly $2.34 billion in its IPO on Wednesday after pricing shares toward the high end of the range.
CNBC contributor Andrew Busch says Hilton has "dramatically cleaned itself up."
CNBC's Simon Hobbs reports Hilton will price its IPO at $20 per share, and is looking at a "modest" increase in number of shares it sells.
CNBC's Simon Hobbs provides insight into Hilton's IPO, and how the hotel held up since the industry crash in 2008. The FMHR traders "want in" on the stock.
Want to get rich? Invest in things that rich people buy—including $3,000 ski jackets. Moncler, the Milan-based maker of stylish puffy jackets is about to go public.
Autohome, controlled by Australian phone company Telstra Corp Ltd, raised $133 million after its initial public offering was priced at $17 per share, above the expected range. Telstra, which sees Asia as a growth market, got control of Autohome in 2008, when it bought a majority stake in the company that owned the auto website and two technology retail websites.