PayPal co-founder Max Levchin, discusses the Yahoo's growth potential and shares his thoughts on Yelp's platform. Levchin also discusses valuations in today's marketplace.» Read More
May 12- Citizens Financial Group Inc, the U.S. unit of the Royal Bank of Scotland, filed with U.S. regulators for an initial public offering of common stock that would raise about $100 million. Morgan Stanley, Goldman, Sachs& Co and JP Morgan are the lead underwriters for the IPO, the company said in a filing with the U.S. Securities and Exchange Commission on Monday.
As investors await Alibaba's IPO later this year, Bethany McLean, Vanity Fair contributing editor, says there is a fair amount of risk associated with the e-commerce giant.
*To offer up to 81 mln shares, or 38 pct stake, in IPO. NAIROBI, May 12- The Nairobi Securities Exchange will sell up to a 38 percent stake in an initial public offering by the end of next month to raise funds for new products and enhance transparency, its chief executive said.
Francis Gaskins, research director at Equities.com, discusses the Alibaba IPO and whether a higher valuation than Facebook would be justified.
Gokul Laroia, Co-CEO for Asia of Morgan Stanley, says 'New China' sectors like healthcare and education may take the lead from financials in the Chinese market.
*Warehousing viewed as weak link in China supply chain. *More modern warehouses in Boston than China- consultancy. HONG KONG, May 12- Alibaba Group Holding Ltd's plans for a giant initial public offering in New York highlight vast potential for e-commerce in China- and the weak link the logistics industry must fix if explosive growth projections are to be reached.
Chinese Internet firm Tuniu Corp. debuted on the Nasdaq today, reports CNBC's Seema Mody.
James Stewart, The New York Times, discusses Morgan Stanley's comeback in the tech IPO arena and weighs in on the Alibaba IPO frenzy.
SHANGHAI, May 9- China issued new, detailed rules governing initial public offerings, seen as a signal that new listings will hit markets soon after a two-month hiatus while regulators tweaked regulations.
Antoine Chemali, CIO at Digital World Capital, says Alibaba's governance and share structure is a "concern" for investors looking to buy shares in the company when it goes public.
May 8- GrubHub Inc reported higher-than-expected revenue in its first quarterly results as a public company as more people used the online food-delivery service to order takeout meals. GrubHub's shares jumped as much as 8 percent in extended trading on Thursday after the company also forecast current-quarter sales above estimates.
Despite the recent pull-back in many tech stocks, some start-ups will still go to remarkable measures to get good press.
LONDON, May 8- European exchange group Euronext, which is planning a stock market listing next month, earned net income of $36 million in the first three months of the year, a regulatory filing showed on Thursday.
Cheetah Mobile's shares spiked in their market debut, valuing the Chinese security software maker at about $2.2 billion.
Andy Yeung, Cheetah Mobile CFO, discusses the company's initial public offering and disruptive business model.
May 8- Cheetah Mobile Inc's shares rose about 13 percent in their market debut, valuing the Chinese security software maker at about $2.2 billion, after its initial public offering was priced near the top end of the expected range. Cheetah's shares opened at $15.25 and touched a high of $15.89 in early trading on the New York Stock Exchange.
*ADS to trade under symbol "CMCM" on NYSE. May 8- China- based Cheetah Mobile Inc's initial public offering raised about $168 million after the company's shares were priced at $14 each, near the top end of the expected price range. The company sold 12 million American depositary shares, which were expected to be priced between $12.50 and $14.50 each.
May 8- China- based Cheetah Mobile Inc's initial public offering raised about $168 million after its shares were priced at $14, near the top end of the expected price range. The company sold 12 million American Depositary Shares, which were expected to be priced between $12.50 and $14.50 per ADS.
A reverse mortgage start-up has raised about $230 million in a private offering, which sets the stage for a potential initial public offering.
Jeff Papp, Senior Analyst at Oberweis Asset Management, says Alibaba's unique operating model sets the Chinese e-commerce giant apart from competitors.