×

Business Events IPOs

  • SAN FRANCISCO, March 28- CarGurus, a popular website where consumers go to browse cars, has tapped investment banks for an initial public offering later this year, according to people familiar with the matter. The Cambridge, Massachusetts- based company is aiming to go public in the fourth quarter of the year at a valuation of more than $1 billion, the people said on...

  • Snap has been behaving like a drunk driver behind the wheel of car since its IPO; Polar Capital Fund Manager Ben Rogoff told CNBC.

  • Twitter's founders were on hand to launch the company's IPO at the NYSE on Nov. 7, 2013.

    About 62 percent of analysts surveyed by FactSet still have a hold or sell rating on the stock.

  • LONDON, March 28- Initial public offerings by companies based in Britain have raised $1.53 billion so far in 2017, a 28 percent decline on last year and the lowest year-to-date total since 2012 as Britain prepares to leave the EU, Thomson Reuters data shows. With London set to begin the process of leaving the European Union on Wednesday, and elections in France and...

  • Tech companies that change the world begin corporate lives like drunks at the wheel

    CNBC's Arjun Kharpal and Ben Rogoff, fund manager at Polar Capital, discuss the outlook for Snap following its recent IPO.

  • *Tax on company cut to 50 percent from 85 percent. JEDDAH, Saudi Arabia/ RIYADH, March 28- Saudi Arabia's government has cut the income tax paid by national oil giant Saudi Aramco to smooth the company's initial public offer of shares next year, which is expected to be the world's largest equity sale. A royal decree on Monday, retroactive to Jan. 1, set a tax rate of 50...

  • Visioneering Tech debuts on the ASX

    Stephen Snowdy of Visioneering Technologies says the A$33.3 million raised by the contact lens developer's IPO will be used to broaden U.S. distribution.

  • Analysts unrelated to the IPO had in recent weeks mostly assigned neutral or negative ratings to Snap, making it one of the worst-rated stocks on Wall Street. That left Snap up 37 percent from its $17 initial public offer price, but still down more than $3 from its peak in its second day of trading. The Los Angeles- based company's app, which allows users to share...

  • LONDON, March 27- Emirates Global Aluminium mandated Bank of America Merrill Lynch, Goldman Sachs and JP Morgan to advise on its initial public offering, sources familiar with the situation said on Monday. One source said the company had earnings before interest, tax, depreciation and amortization of at least $1.5 billion and that its closest publicly traded...

  • Analysts unrelated to the IPO had in recent weeks mostly assigned neutral or negative ratings to the stock, making it one of the worst-rated on Wall Street. That left Snap up 40 percent from its $17 initial public offer price, but still down more than $3 from its peak in its second day of trading. The Los Angeles- based company's app, which allows users to share...

  • *Tax on company cut to 50 percent from 85 percent. JEDDAH, Saudi Arabia/ RIYADH, March 27- Saudi Arabia's government has cut the income tax paid by national oil giant Saudi Aramco to smooth the company's initial public offer of shares next year, which is expected to be the world's largest equity sale. A royal decree on Monday, retroactive to Jan. 1, set a tax rate of 50...

  • RIYADH, Saudi Arabia— Saudi Arabia on Monday reduced the tax rate for Saudi Aramco as plans move forward to publicly list shares of the state-owned oil giant. The new code, rolled out by royal decree from King Salman, taxes Aramco at 50 percent on income retroactively starting Jan. 1. The government is preparing to list less than 5 percent of Aramco, possibly by next...

  • A person involved in the deal told Reuters last week JBS had no intention of delaying the $1 billion initial public offering of JBS Foods International in New York, which it hopes to finalize in May or June. Citing an unidentified JBS senior executive, Folha also reported that JBS is not considering firing workers after it temporarily suspended most its beef...

  • As of Friday's close, the stock had risen nearly 34 percent from its $17 initial public offering price. The stock was trading at $23.52 before the bell on Monday. The Los Angeles- based company's app, which allows users to share short-lived messages and pictures, is popular with young people but faces intense competition from larger rivals such as Facebook Inc's...

  • Nandini Ramakrishnan, global market strategist at JPMAM, and Kokou Agbo Bloua, global head of flow strategy at Societe Generale, discuss technology stocks.

  • Snap Inc. Chief Strategy Officer Imran Khan follows the IPO of his company's stock at the New York Stock Exchange, Thursday, March 2, 2017.

    "He was able to rise to any occasion."

  • Alteryx CEO: Market is ready for a powerful platform like ours

    Alteryx CEO Dean Stoecker discusses the analytics services company's initial public offering and growth trajectory.

  • An Alteryx banner outside the New York Stock Exchange on March 24, 2017.

    The data analytics company was listed on the New York Stock Exchange under the symbol AYX.

  • Saudi Arabia is having "serious discussions" with the New York Stock Exchange about having the NYSE as one of the exchanges for Aramco's IPO.

  • WASHINGTON, March 23- Saudi Arabia is having "serious discussions" with the New York Stock Exchange about having the NYSE as one of the exchanges for state oil giant Saudi Aramco's IPO, the Saudi foreign minister told Fox News on Thursday. "Our objective is to try to complete the IPO sometime in 2018. There are serious discussions with the New York Stock Exchange...