- Snapchat IPO: Evan Spiegel tries to sell investors on his top product – himself The Guardian - Sat, Feb 25, 2017 10:00 GMT
What Snap investors are really buying is Evan Spiegel. Evan Spiegel, Snap Inc’s 26-year-old co-founder, has a reputation for playing nasty – but these days he is playing nice. Next month Snap, owner of the Snapchat app, will go public on the New York stock exchange, cementing Spiegel and co-founder Bobby Murphy’s place …
- Palantir should be profitable this year, CEO Karp says in report CNBC - Fri, Feb 24, 2017 19:11 GMT
An initial public offering would likely give investors an unprecedented look into the company's operations.
- NYSE plans Snapchat dry run to smooth float path Evening Standard - Fri, Feb 24, 2017 11:06 GMT
- Square shares leap to record high after earnings beat CNBC - Thu, Feb 23, 2017 22:09 GMT
- Ardagh plans IPO in New York this quarter -chairman Reuters - UK Focus - Thu, Feb 23, 2017 15:30 GMT
Packaging conglomerate Ardagh Group is well advanced with plans to launch an initial public offering and intends to float on the New York Stock Exchange later this quarter, chairman Paul Coulson said on ...
- Tesla CFO Jason Wheeler to leave at the end of April; former CFO Ahuja returns CNBC - Wed, Feb 22, 2017 22:42 GMT
Tesla Chief Financial Officer Jason Wheeler will leave the company in April to pursue "opportunities in public policy."
- With strong founder control, Snap is following in the footsteps of Facebook...and Zynga CNBC - Wed, Feb 22, 2017 16:22 GMT
Every founder, including Evan Spiegel of Snapchat, wants investors to think they are the next Mark Zuckerberg and therefore deserve more control.
- Saudi Aramco recruits JPMorgan, M.Stanley for IPO, HSBC a contender -source Reuters - UK Focus - Wed, Feb 22, 2017 15:08 GMT
Oil giant Saudi Aramco has asked JPMorgan Chase & Co (Xetra: 850628 - news) and Morgan Stanley (Xetra: 885836 - news) to assist with its mammoth initial public share offer and could call on another bank with access to Chinese investors, a source with direct knowledge of the matter said. The U.S. banks have joined boutique …
- What Snap's IPO means for the tech scene in Los Angeles CNBC - Wed, Feb 22, 2017 14:40 GMT
Snap's IPO could be a game-changer not only for the "Silicon Beach" start-up ecosystem in L.A., but also for start-ups all around the country.
- Saudi Aramco selects lead underwriters for $100 bln IPO -WSJ Reuters - UK Focus - Tue, Feb 21, 2017 23:44 GMT
Oil giant Saudi Aramco has selected JPMorgan Chase & Co, Morgan Stanley, and HSBC Holdings Plc as lead underwriters on the firm's planned initial public share offering, the Wall Street Journal reported ...
- Toronto confirms it's in the hunt for Saudi Aramco listing CNBC - Tue, Feb 21, 2017 21:19 GMT
The Toronto Stock Exchange is vying for the massive Saudi Aramco initial public offering, exchange parent TMX confirmed to CNBC.
- Saudi favors New York for blockbuster trillion-dollar Aramco IPO CNBC - Tue, Feb 21, 2017 11:36 GMT
Saudi Arabia is favoring New York to list state oil giant Saudi Aramco, while also considering London and Toronto for the prospect of floating the firm.
- Saudi Arabia considering London for listing of oil giant Saudi Aramco The Independent - Tue, Feb 21, 2017 07:50 GMT
Saudi Arabia is leaning towards New York as the destination for listing its oil giant, Saudi Aramco, but London and Toronto are not off the table just yet, according to reports. Officials in the country are also said to still be in talks with stock exchanges in Asia, but are unlikely to decide on doing the initial public …
- Snap arrives in London to woo sceptical investors ahead of IPO Reuters - UK Focus - Mon, Feb 20, 2017 22:11 GMT
Snap Inc, owner of popular messaging app Snapchat, kicked off its first investor roadshow on Monday, looking to persuade London money managers to back its initial public offering in the face of concerns about its growth prospects, valuation and corporate governance. The U.S. company, which has yet to make a profit, is …
- Saudi favors New York for Aramco IPO, also considers Toronto, London -WSJ Reuters - UK Focus - Mon, Feb 20, 2017 19:13 GMT
Saudi Arabia is favoring New York to list state oil giant Saudi Aramco , while also considering London and Toronto for the prospect of floating the firm, the Wall Street Journal reported on Monday. Saudi ...
- Fast Break: traders talk Snap Inc. IPO CNBC - Thu, Feb 16, 2017 20:36 GMT
The "Halftime Report" traders give their trades for the second half.
- Late Snap investors will need the IPO to pop for them to make money CNBC - Thu, Feb 16, 2017 19:22 GMT
The institutional investors who came in late and at a high price to the Snap party are looking to a post-IPO bounce to make their returns.
- Here's what Snap will tell investors ahead of setting its IPO price on March 1 CNBC - Thu, Feb 16, 2017 18:49 GMT
Spiegel and chief strategy officer Imran Khan will lead roadshow discussions, sources said.
- Snapchat owner prices IPO, seeks more than $2 bn AFP - Thu, Feb 16, 2017 16:14 GMT
- Snapchat owner valued at up to $22bn in Wall Street share float Sky News - Thu, Feb 16, 2017 15:56 GMT
Snap, the owner of Snapchat, has valued itself at up to $22bn (£18bn) as it prepares for one of the tech industry's biggest share flotations in years. Co-founders Evan Spiegel, 26, and Bobby Murphy, 28, will be confirmed as billionaires as a result of the offer which will see their holdings in the company reduced from …
- Snapchat parent Snap sees up to $22.2 billion valuation after pricing IPO at $14 and $16 per share CNBC - Thu, Feb 16, 2017 11:22 GMT
Snap said that it is offering to sell 200 million Class A common stock and will trade on the New York Stock exchange under the ticker "SNAP".
- Snapchat targets a $22bn New York flotation International Business Times - Thu, Feb 16, 2017 11:13 GMT
Messaging app Snapchat has set its valuation as high as $22.2bn (£17.7bn, €20.8bn) ahead of its initial public offering, putting it on track to be the largest tech flotation in recent years. The shares could be formally priced as soon as 1 March, and begin trading the following day on the New York Stock Exchange.
- Snap sets valuation at lower end of expectation CNBC - Thu, Feb 16, 2017 10:32 GMT
Snap Inc. has set a valuation range for itself of $19.5 billion to $22.2 billion in its initial public offering.
- Snapchat owner Snap sets IPO valuation as high as $22.2 billion: Report CNBC - Thu, Feb 16, 2017 08:38 GMT
The valuation prices Snap at $14 to $16 per share, at the low end of the $20 billion to $25 billion range it had previously sought after.
- 10 things you need to know in markets today Business Insider - Thu, Feb 16, 2017 06:56 GMT
Bank of Japan Governor Haruhiko Kuroda said low profitability at financial institutions could sow the seeds of a new financial crisis. Atomico has raised a $765 million (£613 million) fund to invest in European technology startups, shrugging off any concerns that Brexit has made it harder for venture capitalists to raise …
- Canada Goose, known for its pricey winter coats, files for an IPO CNBC - Wed, Feb 15, 2017 21:45 GMT
Canada Goose, the Toronto-based luxury apparel maker made famous for its pricey winter coats, has filed to go public.
- Pensions firm Xafinity goes public in attempt to shake up the industry The Telegraph - Tue, Feb 14, 2017 13:46 GMT
Pensions consultancy Xafinity has announced its intention to float on the London Stock Exchange as it bids to “disrupt the pensions world”. The company hopes to raise around £180m by placing more than 129m ordinary shares at an offer price of 139p - a move that would give it a market cap of £190m. A string of companies …
- Manchester United shares - for devout fans and signature stock hoarders only? International Business Times - Fri, Feb 10, 2017 07:00 GMT
On Thursday (9 February), Manchester United's executive vice chairman Ed Woodward told investors the club remains on track to deliver record revenue this year, after posting a sharp increase in second quarter earnings. If achieved, the feat would be even more impressive when one considers that just last month the 20-time …
- Nasdaq and S&P 500 manage modest gains while Dow hit hard by financial sector International Business Times - Wed, Feb 8, 2017 22:54 GMT
- Saudi Aramco picks US bank Moelis as adviser for biggest ever IPO International Business Times - Wed, Feb 8, 2017 16:26 GMT
Oil giant Saudi Aramco has appointed global investment bank Moelis & Co. to work on its stock market flotation, which is expected to be the biggest listing in history. According to the Financial Times, the New York-based bank saw off a number of rivals to secure the appointment, given a host of banks had sought to work …
- Investors tiptoe back into Russia in toystore IPO Reuters - UK Focus - Wed, Feb 8, 2017 14:52 GMT
The owners of Russia's largest toy retailer Detsky Mir raised $355 million in an initial public offering (IPO) of shares priced at the bottom of the expected range, in a sign investors are making a cautious return to Russian assets. The IPO was the highest-profile share sale by a Russian company since 2014, when Western …
- A boutique bank beat Wall Street giants to be the sole adviser for the soon-to-be most valuable public company on earth Business Insider - Wed, Feb 8, 2017 09:03 GMT
Moelis and Co., a boutique Wall Street investment bank, has reportedly been chosen as the sole independent adviser on the initial public offering of Saudi Arabia's state oil company, Saudi Aramco. According to the Financial Times, which cited three people "familiar with the process," Moelis had been chosen by officials …
- Moelis chosen as an adviser for Saudi Aramco IPO - source Reuters - UK Focus - Wed, Feb 8, 2017 01:38 GMT
Independent investment bank Moelis & Co was chosen as an adviser for the planned initial public offering of Saudi Aramco on Tuesday, a source familiar with the matter told Reuters. Oil and gas company Saudi Aramco had invited banks in January to pitch for an advisory position on what is expected to be the world's biggest …
- Investors ready to lap up 'pricey' Jose Cuervo IPO Reuters - UK Focus - Tue, Feb 7, 2017 22:44 GMT
Mexican investors say they are eager to snap up shares of Jose Cuervo in its initial public offering, thanks to the world's top tequila maker's strong dollar earnings and global demand, even though it is seen as expensive compared with larger peer Diageo (LSE: DGE.L - news) . Cuervo, which aims to raise more than $700 …
- Specialty chemical supplier AlzChem AG postpones planned IPO EQS Group - Tue, Feb 7, 2017 17:00 GMT