Investors may find it time to adjust portfolios as they focus on Fed speakers, economic reports, and the rising U.S. dollar in the week ahead.» Read More
HONG KONG, Sept 22- Alibaba Group Holding Ltd's initial public offering now ranks as the world's biggest in history at $25 billion, after the e-commerce giant and some of its shareholders sold additional shares.
BRUSSELS, Sept 21- Scotland's rejection of independence and a lack of any fireworks at a Fed meeting last week have calmed investors enough to shift the focus back to what some call the "Great Stagnation", and how to avoid it.
Bank of America Corp. fell$. 09 or. 5 percent, to $16.95. Citigroup Inc. fell$. 18 or. 3 percent, to $53.48. Goldman Sachs fell $1.69 or. 9 percent, to $186.20.
Sept 19- Online home-furnishings retailer Wayfair Inc's initial public offering is expected to be priced at $25- $28 per share, valuing the company at $2.32 billion at the top end of the range. It counts funds affiliated with Great Hill Partners, Battery Ventures and HarbourVest Partners among its stockholders.
Bank of America Corp. fell$. 12 or. 7 percent, to $16.93. Citigroup Inc. fell$. 29 or. 5 percent, to $53.37. Goldman Sachs fell $1.56 or. 8 percent, to $186.33.
Investors will get a little time to catch their breath after Friday's record-breaking Alibaba trading debut, but not too long.
Bank of America Corp. rose$. 03 or. 2 percent, to $17.07. Citigroup Inc. fell$. 06 or. 1 percent, to $53.60. Goldman Sachs fell$. 48 or. 3 percent, to $187.41.
U.S. regulators are investigating a Goldman Sachs internship and perks allegedly offered by the bank, The Wall Street Journal reported.
LONDON, Sept 19- Investors in British financial markets breathed a sigh of relief on Friday, after a Scottish vote against independence spared them prolonged and unprecedented uncertainty that a break up of the United Kingdom might have unleashed. Royal Bank of Scotland said it had scrapped contingency plans to relocate to England.
Sept 18- U.S. regulators are investigating a Goldman Sachs Group Inc internship for the brother of a former official at Libya's sovereign wealth fund and perks allegedly offered by the bank to the fund, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Bank of America Corp. rose$. 27 or 1.6 percent, to $17.04. Citigroup Inc. rose $1.27 or 2.4 percent, to $53.66. Goldman Sachs rose $3.07 or 1.7 percent, to $187.89.
Sept 18- Alibaba Group Holding priced its initial public offering at $68 a share, the top end of the expected range, raising $21.8 billion on Thursday. "I'd put them in a class of Facebook and Google with the scale they have, growth prospects and profitability," said Scot Wingo, CEO of e-commerce software provider ChannelAdvisor.
*Oracle shares down after hours. NEW YORK, Sept 18- U.S. stocks rose on Thursday, a day after the U.S. Goldman Sachs rose 1.7 percent to $187.89, the biggest boost to the Dow.
Sept 18- Major institutional investors such as BlackRock will likely receive the bulk of roughly $22 billion worth of Alibaba Group Holdings shares being sold in an initial public offering set to price later on Thursday, people familiar with the situation said.
NEW YORK, Sept 18- U.S. fund managers are finding a lot to like about finger-painting and naptime. Fund ownership of Bright Horizons Family Solutions Inc, the only publicly traded daycare company in the United States, swelled 21 percent in the most recently reported quarter according to fund tracker Morningstar.
Sept 18- Big institutional investors like Blackrock will likely get the bulk of roughly $22 billion worth of Alibaba Group Holdings shares being sold in an initial public offering set to price later on Thursday, people familiar with the situation said.
Bank of America Corp. rose$. 35 or 2.1 percent, to $17.12. Morgan Stanley rose$. 61 or 1.7 percent, to $36.17. US Bank rose$. 35 or. 8 percent, to $43.04.
NEW YORK, Sept 18- U.S. stocks were higher in afternoon trading Thursday, with the Dow and S&P 500 hitting fresh record highs after the U.S. Goldman Sachs, up 1.6 percent to $187.84, was the top boost to the Dow.
NEW YORK, Sept 18- Financial stocks were leading gains on the Dow and S&P 500 indexes on Thursday, in the wake of the U.S. Goldman Sachs, up 1.5 percent to $187.59, was the top boost to the Dow Industrials. Goldman Sachs is on track for a seventh consecutive gain, which would be the longest winning streak for the stock in nearly eight years.
Sept 18- Stock market indexes provider MSCI Inc declared its first-ever quarterly dividend and more than doubled its stock repurchase program to $850 million from $300 million. MSCI will pay Goldman Sachs $300 million in cash and expects to receive about 4.5 million shares of its common stock.