Travelport priced its IPO at the top of its expected range, the New York Times reports.» Read More
Oct 1- Shares of Vivint Solar Inc, the second-largest installer of residential solar panels in the United States, rose as much as 9 percent in their market debut on the New York Stock Exchange, valuing the company at about $1.84 billion.
NEW YORK, Oct 1- After spending two years developing a wide-ranging communications tool for Wall Street, Goldman Sachs Group Inc says it has reached the perfect pitch.
*Expects deal to add 135 mln stg to events revenue in 2015. Oct 1- Communications and events company UBM Plc said it would buy trade show organizer Advanstar Communications for $972 million, becoming the top events organizer by revenue in the United States, but its shares fell on concern it had overpaid.
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.
BOISE, Idaho— Battered and bruised Tamarack Resort could take a significant step this week toward a clearer financial picture and getting on track to being the kind of four-season destination playground early planners once envisioned.
*Alibaba leads way with record share listing. LONDON/ HONG KONG, Sept 30- Global equity capital markets returned with a vengeance in 2014 as bankers, investors and companies led a charge that culminated spectacularly in Alibaba, the biggest share listing ever.
*Hong Kong civil unrest hurts risk assets, helps Treasuries. NEW YORK, Sept 29- Treasuries prices gained on Monday as civil unrest in Hong Kong weighed on global stock markets, and the yield curve flattened as investors bet that U.S. economic data would continue to improve.
*Hong Kong August retail sales rebound, up 3.4 pct y/y. HONG KONG, Sept 29- Increasing civil unrest in Hong Kong is scaring off Chinese tourists, heaping further pressure on retailers which are already grappling with a protracted slowdown in sales.
HONG KONG, Sept 29- Increasing civil unrest in Hong Kong is scaring off Chinese tourists, heaping further pressure on retailers which are already grappling with a protracted slowdown in sales.
Hong Kong police fired volleys of tear gas on Sunday to try to disperse protesters who have launched what they term a "new era" of civil disobedience to pressure Beijing into granting full democracy for the former British colony.
BOSTON/ NEW YORK, Sept 26- Janus Capital Group shares surged 38 percent on Friday as investors bet that famed bond manager Bill Gross will bring his old star power to the small mutual fund company, even though his last months at Pimco were tainted by infighting and heavy investor outflows.
*China official PMI seen at 51.2 in Sept vs 51.1 in Aug Data due on Oct 1 at 0100 GMT. BEIJING, Sept 26- Growth in China's manufacturing sector probably steadied in September as factory orders held up, a Reuters poll showed, providing some welcome relief for those who worry the Chinese economy is quickly losing steam.
Travelport raised about $480 million after its offering of 30 million shares was priced at $16 per share, the top end of the expected range of $14- $16. Travelport, which provides a travel commerce platform and technology services to travel agents, airlines, hotels and car rental companies, sold all of the shares on offer.
Sept 25- Travelport Worldwide Ltd's shares rose as much as 10.6 percent in their market debut, valuing the provider of booking and payment services to the travel industry at about $2.13 billion.
LONDON, Sept 25- JPMorgan was the top performing investment bank in the first half of the year, making $11.5 billion in revenue and ranking first for both its fixed income and deals advisory businesses, data showed on Thursday.
Travelport is offering all the 30 million shares in the IPO, raising $480 million. Travelport, which has about a 37 percent stake in online travel company Orbitz Worldwide Inc, scrapped its plans to list in London in 2010, citing poor market conditions.
*Norilsk in talks to buy palladium from Russia's cenbank. NEW YORK/ LONDON, Sept 24- Gold fell on Wednesday as the dollar climbed to levels not seen in four years and global shares rebounded, while investors remained cautious ahead of U.S. economic data due later in the week.
LONDON, Sept 24- Gold edged lower on Wednesday as the dollar climbed to levels not seen in four years and global shares rebounded, while investors remained cautious ahead of U.S. economic data due later in the week. Spot gold, stronger initially, fell to a session low of $1,216.55 an ounce before trading down 0.2 percent at $1,220.25 an ounce by 1451 GMT.
The company raised about $161.4 million after its offering was priced at $12 per share, the low end of its expected price range of $12- $14. Smart and Final, backed by private equity firm Ares Management LP, is selling all the 13.45 million shares in the offering. Ares Management bought Smart and Final from Apollo Global Management LLC in 2012 for $975 million.
Sept 24- Shares of Smart& Final Stores Inc rose about 11.6 percent in their debut, valuing the century-old food retailer at $951.44 million. Smart& Final raised about $161.4 million, after its offering was priced at $12 per share, the low-end of its expected price range of $12- $14.