James Gautrey, portfolio manager and global sector specialist in technology for Schroders, says an Uber IPO is highly likely and thinks it is worth its $50 billion valuation.» Read More
SAO PAULO/ BEIJING, Nov 24- China's HNA Group partnered with JetBlue founder David Neeleman on Tuesday, agreeing to buy a $450 million stake in Azul SA, Brazil's third-largest airline, and providing a cash cushion until a much-delayed initial public offering proceeds. The 23.7 percent stake in Azul SA will be a first foray into Latin America for HNA Group, an...
SAO PAULO, Nov 23- One of the shareholders seeking to offload a stake in Brazilian reinsurer IRB Brasil RE SA has asked the country's securities industry watchdog for a 60- day delay in analyzing an initial public offering plan, with market turmoil in Latin America's largest economy intensifying in recent weeks. In a securities filing, Itaú Unibanco Holding SA,...
*Shares of Guotai Junan dive in Hong Kong on missing CEO. SHANGHAI, Nov 23- China stocks rose early on Monday as investors brushed aside the potential impact on liquidity from a batch of new listings, heartened by recent government steps to stimulate the economy. Zhou Jintao, chief economist of China Securities Co Ltd, predicted that China's economy will likely hit...
Re/code Executive Editor Kara Swisher discusses Jack Dorsey's move to cut its IPO price and how that bold move could have benefited Silicon Valley.
CNBC's Bob Pisani looks at how IPOs are faring today, leaning on the success of Square and Match.
Graham McDonald, head of private equity at Aberdeen Asset Management, explains how a Federal Reserve rate rise or further ECB stimulus could affect the IPO market.
ABN was a much larger bank in 2007, when it was carved up in a 71 billion euro hostile acquisition by Royal Bank of Scotland, Santander and the now defunct Fortis that was nominally the largest ever in the banking industry. The state had to intervene in 2008 to rescue the Dutch operations of both ABN and would-be acquirer Fortis to avoid a crippling bankruptcy.
In the largest European bank listing since the 2008 financial crisis, shares in the IPO of ABN Amro have been valued at $19 each.
*28 IPOs expected by year-end to freeze 3.5 trillion yuan. SHANGHAI, Nov 20- China stocks were little changed early on Friday despite fresh monetary easing as caution dominated investor sentiment ahead of a flurry of listings and after a sharp rebound from August lows. Hong Kong market also experienced a calm morning session as investors awaited fresh cues for...
Gary Kremen, founder of Match.com, shares his sentiments on the online dating website's post-IPO jump, and discusses rival Tinder.
Square may have broken "the code" for successful tech IPOs by pricing at a good discount so public investors can make money, says Kathleen Smith, principal at Renaissance Capital.
Nov 19- Noble Midstream Partners LP, a wholly owned unit of Noble Energy Inc, said it postponed its planned IPO amid a slump in oil prices. The company filed for an initial public offering on Oct. 22. Noble Midstream will continue to evaluate the timing for the proposed offering as market conditions develop, the company said.
Stuart Frankel Director of Institutional Sales, Steve Grasso and SunAmerica Funds RVP, Heather Hughes discuss performances in the IPO market and the impact of a Fed rate hike.
NEW YORK— The owner of Tinder, Match.com and OKCupid is having a great first date with Wall Street. Shares of Match Group Inc. got a boost on their first day of trading, closing up $2.74, or 23 percent, to $14.74, after the initial public offering priced at the low end of its expected range. Parent company IAC/InterActiveCorp, controlled by billionaire Barry Diller,...
Here's what we are hearing on the street about whether to sell or buy Square.
The San Francisco company sold 25.7 million shares at $9 apiece after money managers leery of Square's unprofitable history refused to pay $11 to $13. Another technology company, Match Group Inc., the owner of dating sites and apps Match.com, OkCupid and Tinder, gained 23 percent to close at $14.74 Thursday. Investors' skittishness toward Square, known for its...
The FMHR traders, and Bonnie Baha, DoubleLine Capital director of the global developed credit team, discuss Square and Match Group IPOs.
Fidelity OTC portfolio manager Gavin Baker, discusses the Square IPO, and tech valuations in Silicon Valley.
OkCupid and Tinder owner Match Group debuted on the Nasdaq and quickly climbed over 10 percent, reports CNBC's Seema Mody.
Jon Steinberg, Daily Mail NA CEO, discusses the audience for Match Group's businesses.