China Longyuan Power Group, Asia's largest wind power generator, plans to raise up to HK$17.1 billion (US$2.2 billion) from a Hong Kong initial public offering (IPO), sources close to the deal said on Sunday.
Sands China, the Macau operation of Las Vegas Sands, raised $2.5 billion through its initial public offering in Hong Kong, a source familiar with the deal said on Saturday, hitting the bottom of an indicated range.
Shares of network security provider Fortinet Inc soared Wednesday in their debut on the Nasdaq, in what is on track to be among the strongest debuts of any initial public offering in 2009.
Discount retailer Dollar General Corp priced shares in its initial public offering at $21 each, at the low end of expectations, in the latest effort by a private equity firm to unload a portfolio company in a market that has become unreceptive to such deals.
Dollar General plans an initial public offering of approximately 34.1 million shares of common stock priced between $21 and $23 per share, according to a regulatory filing.
As the US economic recovery looms larger, the gray cloud that has hung over the stock market for so long is finally starting to fade. Here's four sectors likely to outperform in the months and year ahead.
Stocks opened higher Monday as better-than-expected third-quarter results began trickling in, boosting investors' optimism about the overall earnings season.
Futures indicated a mildly higher open for Wall Street on Monday as better-than-expected third-quarter results began trickling in, boosting investors' optimism about the overall earnings season.
Thursday, 1 Oct 2009 | Posted By:
Robin Knight | Source: CNBC.com
The recent surge in Chinese initial public offerings has made a lot of people a lot of money, but the market seems to be getting oversupplied and overvalued, Mark Mobius, executive chairman of Templeton Asset Management, told CNBC Thursday.
Hospital operator Select Medical Holding's initial public offering priced at $10 a share, below the estimated range, and raised $300 million, according to an underwriter.
The price of gold continued to give back some of its recent gains Monday and slipped below the psychologically important $1,000 level to its lowest price in almost a week.
Wednesday, 29 Jul 2009 | Source: The Associated Press
Private equity firm Kohlberg Kravis Roberts, which operates KKR Financial Holdings, is preparing for an initial public offering of discount retailer Dollar General, according to the Wall Street Journal, which cited people familiar with the matter.
What’s a low-price retailer to do as the economy turns up and consumers are more willing to spend? Cramer puts the question to Family Dollar’s CEO.... Read More