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Business Events IPOs

  • Aug 15- Latin American online travel provider Despegar.com Corp on Tuesday filed to raise up to $100 million in an initial public offering on the New York Stock Exchange. Despegar entered into talks with investment banks late last year to be listed on the Nasdaq under its previous corporate name, Decolar.com Inc, which is the name it also uses in Brazil.

  • SAO PAULO, Aug 15- JBS SA will proceed with plans to list a U.S.-based unit when market conditions allow, as the world's No. 1 meatpacker wrestles with a shareholder revolt over the role of the controlling Batista family in a massive graft scandal. In a Tuesday conference call to discuss second-quarter results, Chief Executive Officer Wesley Batista said JBS...

  • Disappearing Snap investors?

    CNBC's Leslie Picker reports the latest on big-name hedge funds making moves in struggling IPOs.

  • DUBAI, United Arab Emirates— Dubai developer Emaar Properties has posted 2.8 billion dirhams in net profits for the first half of 2017 and laid out plans to spin off its domestic real estate business. Emaar Properties, which trades on the Dubai stock exchange, said Monday it plans to list up to 30 percent of its real estate business in the United Arab Emirates, with...

  • Patrick Grove, CEO of Catcha Group, tells CNBC about going through hundreds of meetings before finally securing funding for iflix.

  • NEW YORK— Shares of Snap Inc. are down sharply after the parent company of Snapchat reported paltry earnings. Snap's shares fell $1.61, or nearly 12 percent, to $12.16 on Friday morning. Snap CEO Evan Spiegel said Thursday that neither he nor co-founder Bobby Murphy plan to sell any stock.

  • Blue Apron CEO Matthew B. Salzberg (2nd R) celebrates with co-founders Ilia Papas (R) and Matt Wadiak during the company's IPO on the New York Stock Exchange in New York, June 29, 2017.

    IPOs started the year with great promise, but have fizzled on high profile disappointments and the refusal of tech unicorns to go public.

  • But, some financial and legal advisers have recommended London as a less problematic and risky option, sources told Reuters.

  • Aug 10- Snap Inc Chief Executive Officer Evan Spiegel said on Thursday neither he nor co-founder Bobby Murphy would sell shares of the Snapchat parent this year, but that failed to soothe investors after quarterly results fell short of analyst expectations. The stock debuted on March 2 at $24, compared with an initial public offering price of $17.

  • Aug 10- Snap Inc Chief Executive Evan Spiegel said on Thursday neither he nor co-founder Bobby Murphy would sell shares of the Snapchat parent this year, but that failed to soothe investors after quarterly results fell short of analyst expectations. The stock debuted on March 2 at $24, compared with an initial public offering price of $17. Spiegel and Murphys...

  • NEW YORK/ SAN FRANCISCO, Aug 10- Snap Inc and Blue Apron Holdings Inc's dismal quarterly reports on Thursday, which sent their shares slumping, join a growing list of technology startups failing to live up to sky-high expectations set ahead of their initial public offerings. There are growing concerns in Silicon Valley that the dominance of Alphabet Inc's...

  • Blue Apron Founder and CEO Matt Salzberg

    "Our business has opportunity to grow," Matthew Salzberg tells CNBC.

  • *2nd- qtr loss of 47 cents/ shr vs est 30 cents. *Rev $238.1 mln vs est $235.8 mln. Shares, which were priced at $10 in the company's initial public offering, have of late slipped below $6.

  • New York- based Blue Apron, which operates a subscription model, has spent millions of dollars on marketing to sign up new subscribers, but has struggled to significantly squeeze more revenue from each customer amid stiff competition. Shares, which were priced at $10 in the company's initial public offering, have of late slipped below $6. Operating expenses...

  • HANOI, Aug 10- Vietnam's sole refinery operator Binh Son Refining plans to sell 4 percent of its shares in an initial public offering in November and to sell another 49 percent of its shares to strategic investors next year, its chairman said on Thursday. BSR, which runs the Dung Quat oil refinery, Vietnam's only operating refinery, would offer shares at 14,600 dong...

  • SAN FRANCISCO/ NEW YORK, Aug 9- Shares of Snap Inc rallied on Wednesday as options traders buckled in for the social media company's quarterly results and after an analyst said the beaten-down stock was "getting interesting." Shares of Snap closed up 4.15 percent at $13.56 on Wednesday, still well below the $17 price in the initial public offering, the...

  • Detail of a Razer gaming mouse, taken on March 2, 2016.

    An early backer of gaming start-up Razer wasn't initially delighted with its business proposition.

  • we have the capability right now to be public

    Anaplan CEO Frank Calderoni says that, "We aspire to be a public company sometime soon."

  • Rough start for Brighthouse Financial

    CNBC's Morgan Brennan discusses Brighthouse Financial's first day of trading at the Nasdaq.

  • Companies need to know when to stay private: Pacific Square Research's Herb Greenberg

    After Blue Apron and Snap have faltered post-public offering, Herb Greenberg, Pacific Square Research and CNBC contributor, gives his view that some companies should just stay private rather than suffer a disastrous IPO.