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Business Events IPOs

  • *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...

  • 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...

  • DUBAI, March 23- Oil giant Saudi Aramco has selected Samba Capital as one of two banks to work as an adviser on its planned share sale in Riyadh, banking sources told Reuters on Thursday. At least six investment banks pitched for a role advising the world's largest oil producer on its listing on the Saudi stock exchange in Riyadh, the Tadawul. Samba Financial Group,...

  • SEC NOMINEE CLAYTON SAYS JOBS ACT IPO ON RAMP HAS MADE IT EASIER FOR COMPANIES TO GO PUBLIC.

  • King Salman bin Abdulaziz, Saudi Arabia's king, gestures as he arrives for the Saudi Arabia-Japan Business Forum for Saudi Arabia Vision 2030 in Tokyo, Japan, on Tuesday, March 14, 2017.

    Political, regulatory and legal challenges may discourage Riyadh from pursuing a U.S. listing for Saudi Aramco.

  • A woman wears Snapchat's Spectacles on the floor of the New York Stock Exchange during the company's initial public offering in New York, March 2, 2017.

    Snap is more like Twitter than Facebook, according to exclusive analysis of credit scores from S&P Global Market Intelligence.

  • Celtics Owner on Sitting Players, Tech, & IPOs

    Stephen Pagliuca says fans have the right to see players play every night.

  • STOCKHOLM/ FRANKFURT, March 22- Private equity firm Nordic Capital's Swedish air treatment group Munters is preparing a stock market listing that could value the business at more than 10 billion Swedish crowns including debt, two people close to the matter said. Representatives of Nordic Capital and the banks declined to comment. Nordic Capital took Munters...