NEW YORK — If Twitter’s bankers and executives were hoping for a surge on the day of the stock’s public debut, they got it. The stock opened at $45.10 a share on its first day of trading, 73 percent above its initial offering price. “It’s gone on pretty flawlessly,” says JJ Kinahan, chief strategist at [...]
NEW YORK — It can help overthrow dictators. But can it make money? Protesters famously used Twitter to organize during the Arab Spring three years ago. President Barack Obama announced his 2012 re-election victory using the short messaging service. Lady Gaga tweets. So does the pope. But for all its power and reach, Twitter gushes [...]
WASHINGTON — A Senate panel is reviewing Facebook’s high-profile stock offering last week amid allegations that the bank handling the IPO may have provided select clients with a negative assessment of the company. A Democratic aide to the Senate Banking Committee says the panel wants to learn more about the initial public offering. The committee [...]
SAN FRANCISCO — Facebook is baring its business soul. The unveiling came late Wednesday when the company that depends on people to share their lives online filed its plans to raise $5 billion in an initial public offering of stock. It’s a revelatory moment that prospective investors, curious competitors and nosy reporters have been awaiting [...]
NEW YORK CITY — The parent of Dunkin’ Donuts plans to raise as much as $461 million when it takes the company public, up from the $400 million it originally estimated. Dunkin’ Brands Group Inc., which runs Dunkin’ Donuts and Baskin-Robbins …
NEW YORK CITY — LinkedIn’s stock is surging in its market debut, opening at $82 because of huge investor demand. The stock is up about 90 percent at $85 in its first minutes on the New York Stock Exchange.
NEW YORK CITY — Professional networking website LinkedIn Corp. plans to sell shares to investors for $32 to $35 each in an initial public offering, one of the first for a major U.S. social networking site. The company said the offering could …
CANTON, Mass. — The parent company of Dunkin’ Donuts and Baskin-Robbins says it plans to go public, confirming weeks of Wall Street speculation. Dunkin’ Brands Group Inc. didn’t say how many shares it will offer or when the offering will take place.
U.S Court of Appeals, Second Circuit Securities IPO — Undisclosed Risks Landmen Partners Inc. v. The Blackstone Group LP 09-4426-cv Appealed from the Southern District of New York Background: The plaintiffs appeal from a judgment of the district court dismissing plaintiffs’ putative securities class action complaint pursuant to Federal Rule of Civil Procedure 32 12(b)(6) [...]
NEW YORK CITY — Shares of TV ratings and consumer research company Nielsen Holdings B.V. are up 9.8 percent on Wednesday after the company priced its initial public offering at a higher-than-expected $23 per share.
NEW YORK CITY — General Motors stock began trading on Wall Street again Thursday, signaling the rebirth of an American corporate icon that collapsed into bankruptcy and was rescued with a $50 billion infusion from taxpayers.
ATLANTA — ExamWorks Group Inc., which provides independent medical examinations and other services for the insurance and legal industries, said Thursday that it and a mix of shareholders are offering $164.8 million in stock in an initial public offering.