Stifel Financial Corp. (SF-PB)
- Reuters
Saipem shares fall below issue price as banks prepare for stake sale
MILAN (Reuters) -Shares in Saipem on Friday tumbled below the issue price for new stock in a hyper-dilutive cash call that fell short of the 2 billion euro ($2.01 billion) target the Italian energy services firm sought from investors to shore up its finances. By 1000 GMT Milan-listed shares were down 26.5% at 0.86 euros, while Saipem sold its new shares at 1.013 euros each. The company said on Friday that underwriting banks had completed the purchase of new shares, worth almost 600 million euros, left unsold after it raised just 70.4% of the targeted amount in the capital increase.
- Simply Wall St.
Do Stifel Financial's (NYSE:SF) Earnings Warrant Your Attention?
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
- Zacks
Stifel Financial (SF) Signs Deal to Acquire ACXIT Capital
Stifel Financial (SF) agrees to acquire ACXIT Capital, a leading independent corporate finance and financial advisory firm.
