Business Events IPOs


  • HONG KONG, May 5- JPMorgan Chase& Co has become the first global investment bank to fall foul of Hong Kong's stricter IPO sponsorship rules, dealing a blow to its reputation in the region. It returned a listing application for Shenhua Health Holdings Ltd, a subsidiary of monosodium glutamate producer Fufeng Group Ltd, on March 29 saying it needed more information,...

  • Analysts value unit at around 5 billion euros. *Philips Group will now focus on Healthcare operations. AMSTERDAM, May 3- Philips plans to sell at least 25 percent of its lighting business, the world's largest maker of lights, on the stock market to focus on its larger medical equipment operations, it said on Tuesday.

  • THE HAGUE, Netherlands— Royal Philips NV announced Tuesday that it is spinning off its iconic lighting division in an initial public offering so it can focus on its future as a health technology provider. The listing on Amsterdam's Euronext exchange will involve the company selling at least 25 percent of its stock in Philips Lighting, which had sales of 7.5...

  • SANTIAGO, April 29- Chilean retailer Cencosud has put on hold its plan to publicly list its shopping center unit on a stock exchange, its chairman told shareholders on Friday. We're not in a rush, "Cencosud Chairman Horst Paulmann said at the company's annual shareholders meeting. Cencosud, the owner of Jumbo supermarkets, Paris department stores and the Easy home...

  • Howard Marks on the IPO Market

    Oaktree Capital Founder and Co-Chairman Howard Marks gives his insights into the current IPO market.

  • *Price range values bank at $1.5- 1.8 bln, discount to local peers. PRAGUE, April 25- Czech lender GE Money Bank set the pricing range for its initial public share offer on Monday, potentially Prague's biggest in eight years despite the valuation falling below some expectations, and said it would change its name to MONETA Money Bank. Analysts had estimated the value...

  • *IPO more likely than sale for business worth 5 bln euro. AMSTERDAM, April 25- Philips said it was likely to list its lighting division on the stock market, creating a standalone company that would be the world's largest maker of lights. Chief Executive Frans van Houten acknowledged that the company could still switch to a trade sale if uncertainty around a...

  • PRAGUE, April 25- Czech lender GE Money Bank set the price range for its initial public offering at below market expectations on Monday and said it would change its name to MONETA Money Bank. It said the offer would incorporate up to additional 15 percent of the offered shares in an over-allotment option exercisable within 30 days starting on the first day of...

  • Philips CEO on the Lighting IPO

    Frans van Houten, CEO of Royal Philips, discusses the benefits of separating lighting from the company and talks about the components business.

  • Pisani: SecureWorks IPO is shot across the bow

    CNBC's Bob Pisani looks at the day's market action including the SecureWorks IPO falling flat.

  • NASDAQ's earnings drag

    CNBC's Bertha Coombs look at the disappointing earnings dragging on the NASDAQ.

  • Dangers of betting on tech unicorns

    Dalton Caldwell, Y Combinator partner, talks about SecureWorks' IPO and his views on the health of tech IPOs.

  • April 22- SecureWorks Corp's lackluster debut on Friday hardly registered as a victory for the battered technology IPO market, as the cyber unit of Dell Inc raised less than the company had sought in its public offering and saw its stock price dip. SecureWorks shares opened at $13.89 on Friday, below the $14 per-share price set Thursday. Hope for a popping...

  • April 22 (Reuters)- Shares of Dell Inc's cyber unit SecureWorks Corp were little changed in their debut on Friday after an initial public offering raised less than the company had sought amid concerns about the outlook for technology stocks. SecureWorks shares opened at $13.89 on Friday, rising as high as $14.58 after trading at a low of $13.40 on the Nasdaq.

  • SecureWorks

    SecureWorks' stock whipsawed Friday on its first day of trading as a public company.

  • April 22- Shares of Dell Inc's cyber security unit SecureWorks Corp fell as much as 4.3 percent in their debut on Friday, valuing the company at a little over $1 billion. SecureWorks's initial public offering, the first by a technology company in the United States this year, was priced at $14, below its indicated range of $15.50- $17.50. SecureWorks shares opened at...

  • SecureWorks opens for trade

    CNBC's Jon Fortt reports on the opening of SecureWorks, the first tech IPO for 2016.

  • NASDAQ President talks IPOs

    Adena Friedman, Nasdaq President & COO, talks to CNBC's Jon Fortt about the SecureWorks IPO, the first tech company to go public in 2016, as well as the health of the tech IPO pipeline.

  • NYSE head: IPO market is back

    CNBC's Bob Pisani speak with Thomas Farley, President of NYSE Group, about the resumption of the IPO market.

  • The offer of shares in Vodafone India is expected to raise between $2 billion and $2.5 billion, the people said, making it the biggest IPO in India since state-owned Coal India Ltd's $3.5 billion listing in 2010.. Vodafone Group, which is India's second-largest mobile operator behind Bharti Airtel, had raised the prospect of a listing in India as early as 2011..