Gareth McCartney, head of equity syndicate at UBS, says the supportive environment for initial public offerings has been reversed as market volatility rises.» Read More
Sept 5- Chinese e-commerce company Alibaba Group Holding Ltd will allow employees and people close to the company to buy shares in its forthcoming initial public offering, the Wall Street Journal reported, citing people familiar with the matter.
CNBC's Kayla Tausche reports Credit Suisse will be leading a "friends and family" share program for the Alibaba IPO.
SAO PAULO, Sept 4- Spanish call center operator Atento SA, which is controlled by buyout firm Bain Capital Partners LLC, is likely to launch an initial public offering in the United States as early as next week, a source with knowledge of the deal said.
Sept 3- Goldman Sachs Group Inc will be the bank in charge of overseeing early share trading in China's Alibaba Group Holding Ltd's initial public offering, according to a source. Barclays Plc will be the lead floor trader at the New York Stock Exchange, the source added.
Sept 3- Industrial equipment rental company Neff Corp filed with U.S. regulators for an initial public offering of its Class A common stock on Wednesday. Morgan Stanley, Jefferies, Piper Jaffray and BofA Merrill Lynch are among the main underwriters to the IPO, the Miami- based company told the U. S Securities and Exchange Commission in a preliminary prospectus.
Chinese e-commerce giant Alibaba has appointed Barclays as the designated market-maker for the company's IPO later this month, sources said.
CNBC's Dominic Chu reports Alibaba has chosen Barclays as its designated market makes at the NYSE. Kayla Tausche provides insight.
HONG KONG, Sept 2- Shanghai shares closed at their highest in 15 months on Tuesday as investors bet funds freed from last week's initial public offering subscriptions, selecting stocks expected to benefit from state firm reforms and the coming equity link between Shanghai and Hong Kong.
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.
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.
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.
Yahoo’s survival depends on it making more investments in a few key areas, industry experts said.
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.
There's a certain irony to the upcoming IPO of LendingClub, the lender that's used software to take on the big banks. The top winner is Wells Fargo.
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.
Brad Gastwirth, Founder & CEO of ABR Investment Strategy, discusses the e-commerce giant's stellar second-quarter results and acquisition strategy.