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Business Events IPOs

  • DUBLIN, March 6- Packaging conglomerate Ardagh Group launched a long-awaited initial public offering late on Monday, as it sought to raise as much as $370 million by floating around 7 percent of the company on the New York Stock Exchange. The Luxembourg- based supplier of glass and metal containers, controlled by Irish billionaire Paul Coulson, has announced- and...

  • Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 23, 2017.

    See which stocks are posting big moves after the bell.

  • SAN FRANCISCO, March 6- Shares of Snap Inc slumped 12 percent on Monday and closed at their lowest level of the three sessions since the Snapchat owner's soaring market debut last week. The $3.4- billion listing last Thursday was the hottest technology offering in three years, but the loss-making company's lofty valuation and slowing user growth have raised...

  • Snap's effect on IPO market

    Kathleen Smith, Renaissance Capital IPO ETF manager, principal & co-founder, discusses the success of the Snap IPO and how it may grease the wheels for the unicorn IPO market.

  • Snapchat CEO Evan Spiegel

    Hans Tung, GGV Capital managing partner, discusses the sky-high valuation for Snap after its IPO.

  • BEIJING, March 6- The green energy car subsidiary of Chinese automaker Beijing Automotive Group plans an initial public offering in 2018, Chairman Xu Heyi said on Monday, adding that the unit should be profitable that year. Its battery costs have more than halved to 1,500 yuan to 2,000 yuan per unit in the last three or four years, he said, and will soon be near 1,000...

  • Oil giant Saudi Aramco is expected to have a market capitalization of $1 trillion to $1.5 trillion when it sells shares to the public next year.

  • BEIJING, March 6- The green energy car subsidiary of Chinese automaker Beijing Automotive Group plans an initial public offering in 2018, Chairman Xu Heyi said on Monday, adding that the unit should be profitable that year. China has aggressively promoted battery electric and plug-in hybrid cars, including spending billions of dollars in subsidies, in an...

  • *Fundraising would buy time ahead of planned IPO in China. HONG KONG, March 6- Zhong An Online Property and Casualty Insurance plans to sell 5-10 percent of the company to a couple of strategic investors, to raise up to 10 billion yuan, ahead of a planned initial public offering in mainland China, according to four people with direct knowledge of the matter.

  • Signage for Snap Inc., parent company of Snapchat, is displayed on monitors on the floor New York Stock Exchange (NYSE) before the opening bell, March 2, 2017 in New York City.

    Lead underwriter Morgan Stanley came out on top, with $25.71 million in fees, according to CNBC analysis of SEC filings.

  • Like other traditional U.S. media companies, NBCU is pushing more into digital media, and over the past 18 months it has invested $400 million in online publisher Buzzfeed and $200 million in Vox Media, operator of The Verge and Recode news. The latest investment was made as part of Snap's $3.4 billion initial public offering, NBCUniversal Chief Executive Steve...

  • CNBC's Robert Frank takes a look at who made big money on the Snap initial public offering.

  • The spike comes the day after the Snapchat parent closed up 44% on its first day as a public company.

  • NYT's Stewart: Snap at $34B valuation now 'patently crazy'

    Jim Stewart, The New York Times, discusses the meteoric rise in Snap shares since its IPO.

  • A high school got richer from Snap's big IPO

    Saint Francis High School of California cashed in on the Snap IPO and made millions.

  • March 3- Comcast Corp's NBCUniversal said on Friday it had invested $500 million in Snap Inc as it continues to spend heavily on digital media companies. Snap's shares jumped 8.6 percent to $26.59 in early trading. The investment was made as a part of the Snapchat owner's initial public offering, NBCUniversal Chief Executive Steve Burke said in a memo to...

  • Snapchat

    The Snapchat parent has to prove to investors that it can retain and grow its user base, Victor Anthony says.

  • Cramer : NBCUniversal's $500M Snap investment a 'wake up call'

    The "Squawk on the Street" crew discusses news of Comcast's NBCUniversal's $500 million investment in Snap's IPO and the possibility of seeing NBC-branded channels on Snap one day.

  • March 3- NBCUniversal, a unit of Comcast Corp, invested $500 million in Snap Inc during its IPO as part of a strategic investment and partnership, CNBC reported on Friday, citing sources familiar with the matter. Snap's shares were up 3.5 percent at $25.32 in premarket trading. The company finished its first day of trading with a 44 percent gain compared to its IPO...

  • March 3- NBCUniversal, a unit of Comcast Corp, invested $500 million in Snap Inc during its IPO as part of a strategic investment and partnership, CNBC reported on Friday, citing sources familiar with the matter. http://cnb.cx/2mlOnXB.