More than 127 million shares were traded within the first 15 minutes of Alibaba's market debut, launching a whirlwind day for the Chinese firm.» Read More
Sept 11- Airline ticketing company Travelport Worldwide Ltd's initial public offering is expected to raise up to $480 million, the Blackstone Group LP- backed company said in a regulatory filing.
It's not just a few stocks that are busting higher, the Renaissance IPO ETF is up nearly 8% over the past three months, USA Today reports.
NEW YORK, Sept 11- The highly anticipated debut of Alibaba Group Holding Ltd, the Chinese e-commerce group, will come amid the busiest year for initial public offerings since the technology bubble burst in 2000.. Alibaba's IPO, which could come as soon as Sept. 19, could raise more than $21 billion and claim Facebook Inc's title of biggest tech IPO.
Alibaba has been compared to Amazon and eBay but what is it exactly? We break it down on Tech Yeah.
The theory is that Alibaba is such a gigantic offering that it is reducing interest in other IPOs anywhere on or near the horizon.
Sept 11- Food retailer Smart& Final Stores Inc said it expects its initial public offering to be priced between $12 and $14 per share, valuing the century-old company at nearly $1 billion. Smart& Final, which is backed by private equity firm Ares Management LP, runs 250 non-membership, small-box, warehouse-style stores in western United States.
SHANGHAI/ HONG KONG, Sept 11- Tianhe Chemicals has denied allegations that it made false statements in its initial public offering prospectus and said key investor Morgan Stanley Private Equity Asia has given it full support.
Charles Sizemore, CIO of Sizemore Capital Management, says Alibaba shares could enjoy a 20 to 30 percent pop on its first trading day, but warns that the euphoria could be short-lived.
Discussing the impact of QE and if the Alibaba IPO is signaling a market top, with Tom Forester, Forester Value Fund, and Abigail Doolittle, Peak Theories.
Spencer Rascoff, Zillow CEO, shares his view of the IPO market, and shares his advice for investing in IPOs.
Discussing what the valuation of Alibaba does to the overall market, with Carlos Kirjner, Bernstein analyst. Kirjner says Alibaba will be the largest e-commerce business in the world.
*Comes after a string of disappointing Tokyo debuts. TOKYO, Sept 10- Japan's largest recruitment company Recruit Holdings said it is planning an initial public offering worth $1.8 billion, which will test investor appetite for big Tokyo listings after some weak debuts this year.
BERLIN— Germany's Rocket Internet AG, which specializes in launching e-commerce startups, announced Wednesday that it plans a public listing on the Frankfurt stock exchange.
ROCKET INTERNET SAYS IPO TO RAISE APPROXIMATELY EUR750 MILLION IN GROSS PROCEEDS TO FUND FUTURE GROWTH OPPORTUNITIES.
ROCKET INTERNET SAYS PLANS AN INITIAL PUBLIC OFFERING ON THE FRANKFURT STOCK EXCHANGE IN 2014.
TOKYO, Sept 10- Japan's largest recruitment company Recruit Holdings Co Ltd said it is planning an initial public offering worth 193 billion yen, one of the biggest listings in the country this year. Keen to offset a shrinking market in Japan, it has snapped up a slew of foreign companies in recent years, including online job search site Indeed.com.
At the top end of expectations, the Alibaba IPO would raise $21.1 billion, topping Facebook Inc's $16 billion listing in 2012 as the largest-ever technology IPO.
Alibaba has received enough orders for its initial public offering to cover the entire deal within just two days of its launch, people familiar with the IPO process said.
Sept 10- Alibaba Group Holding Ltd has received enough orders for its record-breaking initial public offering to cover the entire deal within just two days of its launch, people familiar with the IPO process said on Wednesday.