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Market Watch (Free subscription) | 07/03/2009
HONG KONG (MarketWatch)- Bawang International Group's shares jumped 24% in their debut in Hong Kong late morning Friday, in an otherwise flat session for the Hang Seng Index. Shares of the Chinese herbal shampoo manufacturer and retailer were traded at 3.06 Hong Kong dollars (40 U.S. cents), just a notch below the day's high of 3.08 Hong Kong dollars and well up from its initial public offering at...
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BloggingStocks (Free subscription) | 07/03/2009
Filed under: General Motors (GM) , Initial public offerings General Motors is hoping to emerge from bankruptcy conduct an initial public offering sometime in 2010, according (subscription required) to The Wall Street Journal . The IPO could either raise additional capital for the company or allow the United States and Canadian governments to begin divesting their stakes in the company. Washington...
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Law Blog - WSJ.com (Free subscription) | 07/02/2009
GM will file for an initial public offering of shares sometime next year, according to a timetable laid out in a U.S. bankruptcy court.
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Market Watch (Free subscription) | 07/02/2009
TEL AVIV (MarketWatch) -- General Motors Corp., the Detroit automaker currently reorganizing under U.S. bankruptcy law, will file for an initial public offering of stock sometime next year, The Wall Street Journal reported. When GM leaves Chapter 11 proceedings, possibly as soon as this month, the U.S. government will hold about 60% and the Canadian government and a union-retiree trust fund will hold...
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Smart Money (Free subscription) | 07/02/2009
News at a Glance Futures Down: Investors look ahead to jobs report. Rate Decision: European Central Bank to meet Thursday. Asia Pessimistic: Shares fall after early gains. Oil Slump: Crude prices down after inventories report. The Lowdown A short week on Wall Street may be coming to a bleak ending. Futures are pointing to a lower open as traders brace for the June employment report. Shortly after...
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USA Today (Free subscription) | 07/02/2009
If General Motors wins court approval for its asset sale this week, a "New GM" could be ready to make an initial public offering ...
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Market Watch (Free subscription) | 07/01/2009
SAN FRANCISCO (MarketWatch) -- Visa Inc. said Wednesday that its subsidiary Visa International sold 136.5 million shares of VisaNet do Brasil in an initial public offering in Brazil. Visa's proceeds from the sale were about $1 billion based on current exchange rates, of which the company will keep about half after taxes. Visa will record a gain from the sale of about $235 million in the third quarter....
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Business Wire (Free subscription) | 07/01/2009
NEW YORK--(BUSINESS WIRE)--Skystar Bio-Pharmaceutical Co., Ltd. (NASDAQ:SKBI), a China-based producer and distributor of veterinary medicines, vaccines, micro-organisms and feed additives, today announced that it has
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Market Watch (Free subscription) | 07/01/2009
NEW YORK (MarketWatch) -- LogMeIn Inc. priced 6.67 million shares at $16 a share, as the Woburn, Mass. seller of on-demand remote Internet services raised $107 million in its initial public offering on Wednesday. The company priced at the top of its $14-$16 price range. LogMeIn will begin trading Wednesday on the Nasdaq. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets...
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Market Watch (Free subscription) | 06/30/2009
SAN FRANCISCO (MarketWatch) - Colony Capital, a big distressed debt and real estate investment firm run by Thomas Barrack, is raising money through an initial public offering to buy toxic assets in the wake of the financial crisis, according to a regulatory filing Tuesday.
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Market Watch (Free subscription) | 06/30/2009
NEW YORK (MarketWatch) -- Colony Financial, Inc. said Tuesday that it has filed to make an initial public offering of common shares. Colony Financial, Inc. is a newly organized real estate finance company that will be externally managed by a wholly owned subsidiary of Colony Capital, LLC. Colony Financial will acquire, originate, and manage a diversified portfolio of real estate-related debt, initially...
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PR News Wire (Free subscription) | 06/30/2009
RICHMOND, Va., June 29 /PRNewswire-FirstCall/ -- Genworth Financial, Inc. (NYSE: ) announced today that its Canadian mortgage insurance subsidiary, Genworth MI Canada Inc., has priced its initial public offering in Canada of 44.7 million common shares at Cdn$19.00 per share. The closing is scheduled for July 7, 2009, subject to customary closing conditions, after which the shares of Genworth MI Canada...
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Financial24 (Free subscription) | 06/30/2009
By Elzio Barreto and Guillermo Parra-Bernal SAO PAULO, June 29 - Shares of VisaNet, the Brazilian affiliate of credit card network Visa Inc, surged as much as 15.7 percent in the first trading day after its record-setting initial public offering ...
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BloggingStocks (Free subscription) | 06/29/2009
Filed under: Entrepreneurs , Initial public offerings Found an interesting article from the Associated Press while I was watching Gene Simmons Family Jewels last night (fun episode, Shannon on painkillers buying Ginsu knives and Gene trying to figure out how to stimulate the economy -- by ringing the opening bell). The article says Scott Painter and business partner Greg Brogger have started a group...
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The Street (Free subscription) | 06/29/2009
Dividend Stock Advisor portfolio manager David Peltier explains why Duoyuan Global Water, which recently had its initial public offering, has the potential to be a hot stock and explains how he would play it.
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kellywangman | 07/29/2008
Chery Auto plans IPO by year-end By Ally From:Gasgoo.com July 29, 2008 Shanghai, July 29 (Gasgoo.com) Chery Automobile Co is preparing to go public before the end of this year at the latest, company Chairman said, according to the Economic Observer newspaper. "We have had our IPO date postponed repeatedly amid share market gloom, but it will be come no later than the year-end," Yin Tongyao said. Yin
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