Bill Gurley of Benchmark, discusses the "excessive" amount of risk he believes the Silicon Valley community is taking on investing in tech start-ups.» Read More
Oct 8- Citigroup Inc's consumer finance unit, OneMain Financial Holdings Inc, filed for an initial public offering of its common stock, a big step in the No. 3 U.S. bank's plan to sell unwanted assets and focus on wealthier clients. OneMain is part of Citi Holdings, which Citigroup created during the financial crisis to park assets that it wanted to eventually divest...
Oct 8- Citigroup Inc's consumer finance unit, OneMain Financial Holdings Inc, filed with the U.S. Securities and Exchange Commission for an initial public offering of its common stock. OneMain filed to raise a nominal amount of $50 million though that figure is used to calculate registration fees. Citigroup is the lead underwriter to the offering.
Jon Dunstan, CEO of EMAS Offshore, discusses the firm's secondary listing on the Singapore Exchange and outlines how it will be using the funds raised from the IPO.
Christopher Lau, CEO of eCargo, explains the decision to list on the ASX. He also discusses how the Hong Kong-based firm has benefited from the hype surrounding Alibaba's IPO.
SAO PAULO, Oct 6- Brazilian cellphone tower operator T4U Holding Brasil SA delayed the pricing of a 500 million-real initial public offering for a month as concern over the nation's presidential election hampered sentiment ahead of investor meetings, two sources with direct knowledge of the deal said on Monday. T4U, which is controlled by Israel's Fishman...
*Initial price guidance 140- 180 pence a share. LONDON, Oct 6- Luxury shoe company Jimmy Choo is on course to join London's main stock market with a value of up to $1.1 billion, industry sources said on Monday, citing the initial price range quoted by banks arranging the sale. Books opened on Monday with an initial price range of 140- 180 pence a share, which would mean an...
CNBC contributor Herb Greenberg weighs in on the IPO of furniture retailer Wayfair and just how much they will shake up competition in the space.
Oct 3- Shares of Yodlee Inc, which is backed by private equity firm Warburg Pincus, rose about 45 percent in their debut, valuing the provider of software to financial companies at nearly $500 million. The company raised about $75 million after its initial public offering was priced at $12 per share, the mid-point of its expected range of $11- $13 per share.
Oct 3- Shares of Yodlee Inc, backed by private equity firm Warburg Pincus, rose as much as 43 percent in their debut, valuing the provider of software to financial companies at $487.4 million. The California- based company raised about $75 million after its initial public offering was priced at $12 per share, the mid point of its expected range of $11- $13 per share.
Oct 2- Shares of GoPro Inc closed down nearly 7 percent on Thursday, wiping out about $800 million in market value, after the wearable camera maker said a portion of its Class A shares would be exempt from a lock-up restriction, effective tomorrow. GoPro, whose stock has quadrupled since its June 24 IPO price of $24, said about 5.8 million Class A shares have been...
CNBC's Kayla Tausche reports on two companies who may be waiting for better market conditions to go public.
Wayfair co-founder, CEO and co-chairman Niraj Shah, explains the logistics of his online home furnishing retail company, and competition in Internet retail.
Wayfair co-founder, CEO and co-chairman Niraj Shah, says the average order from customers on his online home furnishings website is around $200.
Oliver Samwer, CEO of Rocket Internet, says he is positive on the long-term prospects for the company's shares after they fell sharply on market debut.
Virgin Money, the U.K. bank founded and part-owned by Richard Branson, said it plans to raise $243.3 million from listing in London.
SAN FRANCISCO, Oct 1- Venture-backed initial public offerings fell in value in the United States compared with a year ago, according to data from the National Venture Capital Association and Thomson Reuters, even as the overall IPO market strengthened. Not included in the numbers: Chinese start-up Alibaba Group Holding Ltd, which raised $25 billion in...
Oct 1- VWR Corp, a provider of laboratory supplies and services, priced its initial public offering at $21 per share, below the price range it had previously indicated, raising $536 million. VWR, backed by private equity firm Madison Dearborn Partners LLC, had said last month it expected its common stock to price between $22 and $25 per share. The company was sold by...
Discussing the company's IPO and competition with Elon Musk's SolarCity, with Greg Butterfield, Vivint Solar CEO.
TOKYO, Oct 1- The Japanese government has selected Nomura Securities and JP Morgan among the 11 underwriters for a planned initial public offering of state-owned Japan Post, the finance ministry said on Wednesday. Merrill Lynch and Barclays, which had been shortlisted for the IPO, were not included among those selected.
Sept 30- Residential solar panel installer Vivint Solar Inc priced its initial public offering at $16 per share, valuing the Blackstone Group LP- backed company at $1.68 billion.