U.S. stocks were set to open lower Wednesday, following a string of gains that put all three major indexes at their highest levels since early May.
Manchester United has launched their listing on the New York Stock Exchange, Monday, with 16.7 million shares, representing 10 per cent of the club, up for sale.
updated: Wed Aug 01 2012 15:28:00
CNN's Jim Boulden reports on what it took for Manchester United to make its appearance on the New York Stock Exchange.
U.S. stocks were poised for a higher open Friday as investor excitement over the Facebook initial public offering countered continued worries about the European sovereign debt crisis.
U.S. stock futures hovered around breakeven Thursday morning, as investors mull worries about Greece ahead of the final pricing for Facebook's initial public offering.
Pricing for Facebook's premium "social" advertisements continues to rise, two recent studies have found -- a positive indicator that could offset concerns about a dip in advertising growth and help sentiment towards the internet company's initial public offering.
Shares of reviews site Yelp soared more than 64% Friday, in its initial public offering.
Reviews site Yelp priced its initial public offering at $15 a share late Thursday, above the target set by the company.
updated: Thu Feb 02 2012 11:19:00
The social media site seeks $5 billion in an initial public offering.
If there's a crown jewel in the world of initial public offerings, it's Facebook.
When it comes to IPOs, 2012 will be the year of Facebook.
Groupon, LinkedIn and Pandora may have all plunged from the prices they hit on their first day of trading.
If Facebook and Wall Street become friends, will you like it?
Shares of daily deals site Groupon closed at $26.11, roughly 31% above their initial offering price in the public debut of the stock on Friday.
Daily deals site Groupon priced its initial public offering at $20 a share late Thursday, the last step on a rocky journey to its debut.
Stephan Paternot, founder and general partner of the Actarus Funds, was co-founder and co-CEO of theglobe.com. He authored "A Very Public Offering," which chronicled his experience creating the Internet's first social networking site.
The outlook for initial public offerings is a challenging one, but there are glimmers of hope on the horizon.
Angie's List, a site where members can hire and review local contractors for auto or home services, filed Thursday to raise up to $75 million in an initial public offering.
Business social network LinkedIn released its first financial results since its initial public offering in May, and reported a surprise profit on sales that beat analysts expectations.
The investment world is fixated on the uncertainty surrounding the debt ceiling debate. But everyone still needs to grab a cup of coffee and a little something to eat.
With Pandora making its stock market debut Wednesday, tech IPOs were all the rage on StockTwits.
Internet radio site Pandora priced its initial public offering at $16 a share late Tuesday -- almost twice what it initially expected to fetch.
Internet radio site Pandora is taking advantage of the suddenly booming IPO market for tech companies: It now expects to raise up to $200 million in its upcoming initial public offering, the company said Friday.
U.S. stocks were set to open slightly lower Friday, as investors remain nervous about the slowing economic recovery.
Shares of American International Group's long-awaited stock sale priced at $29 apiece late Tuesday to raise $8.7 billion, leaving the U.S. government with a tiny profit on the offering, the company and Treasury Department announced.
LinkedIn's IPO was a hit Thursday, thanks to pent-up demand for shares in tech startups.
LinkedIn shares more than doubled in their debut Thursday, a sign that investors may be eager for other hot social networking companies to soon go public.
Business social network LinkedIn priced its initial public offering at $45 a share late Wednesday -- the high end of its range.
Troubled insurer AIG just can't catch a break.
Renren, China's largest social-networking service, filed for a U.S. initial public offering late Friday in a bid to fund expansion.
Real estate site Zillow.com filed for a $51.75 million initial public offering Monday.
Zipcar shares soared in their market debut Thursday, after the car sharing company's initial public offering raised more money than it had expected.
Stocks ended Wednesday with solid gains, as investors welcomed two reports on job growth.
U.S. stocks plunged into a deep sea of red on Thursday, as economic fears at home and political concerns in Saudi Arabia weighed heavily on investor sentiment.
The U.S. Treasury is giving up $14 billion in tax revenue because of a sweetheart deal it's giving General Motors.
Internet radio site Pandora filed late Friday to raise up to $100 million in an initial public offering.
IPO bankers must be salivating at the possibility of 2011 being one of the busiest years for initial public offerings in years.
Business social network LinkedIn filed for an initial public offering late Thursday, offering the first public glimpse into the finances of the seven-year-old Web company.
The appetite for initial public offerings is heating up ... with eight companies slated to go public this week alone.
It's been seven long years since Google's IPO in 2004 -- the last time a household-name tech company managed to go public. While hotshots like Facebook and Zynga likely won't file for at least another year, moves from a handful of other high-profile ventures show that the long-frozen IPO market is starting to warm up.
Maserati will get its own SUV model next year, built on the platform of Jeep Grand Cherokee at the Chrysler Group plant in Detroit, the companies announced Tuesday.
President Barack Obama trumpeted Thursday's highly anticipated sale of General Motors stock, saying its success proved the wisdom of the automaker's federal bailout last year that he claimed saved over a million jobs.
General Motors will raise a record $20.1 billion in its initial public offering. The automaker priced its common shares at $33, the upper end of its price range, Wednesday evening.
Stocks ended mixed Wednesday after trading in a narrow range for most of the day as investors weighed inflation and housing reports ahead of GM's initial public offering.
Will General Motors, the hottest IPO on Wall Street, be a good long-term bet?
General Motors - with strong investor demand - increased the size of its planned initial public offering by nearly a third, bringing the total it could raise to as much as $20.4 billion, which would be the largest first day stock sale on record.
Investors could profit when General Motors starts selling shares to the public Thursday. But U.S. taxpayers, who are the majority shareholders in the automaker, may have a tough time breaking even. Demand for GM's initial public offering had been so great that Tuesday GM raised its IPO target price to between $32 and $33 a share, from the initial estimate of $26 to $29. Published reports Tuesday evening said GM had also decided to raise the number of common shares it's selling by nearly a third.
For investors eager to buy GM shares, the target price just went up.
This is going to be a hectic week for followers of initial public offerings. Ten companies are currently on tap to make their debut.
Stocks closed out their worst week in three months on Friday, but it's a new week on Wall Street and investors are bracing for a slew of economic and corporate news to help set the tone.
General Motors reported its best quarter since 1999 Wednesday, setting the stage the automaker to begin selling shares to the public once again.
General Motors plans to sell about $13 billion in common and preferred shares as part of its initial public offering, one of the largest in U.S. history.
The Treasury Department's multi-billion dollar bailout of American International Group moved into the black after the insurer completed two transactions that raised nearly $37 billion, the department said Monday.
Early in his working life, J.T. Battenberg III was tabbed as a rising star at General Motors. Armed with an MBA from Columbia, he made his way up the company's ladder quickly by working in the plants.
If you're wondering whether to bet on the initial public offering of General Motors Co. expected sometime next month, a cross-section of opinion from professionals who advise individual investors is revealing: Financial planners are voting thumbs down.
General Motors' value has gone from zero to more than $60 billion in just over a year. That might just be fast enough for U.S. taxpayers to start recouping their investment.
No less than former auto czar Steve Rattner said a key reason the U.S. decided to rescue General Motors is because his team believed GM's vehicles are much better than their reputation. Eventually, according to their reasoning, buyers must wake up and GM will be rewarded with stronger sales and better pricing, leading to improved financial performance.
As General Motors welcomes its fourth CEO in 18 months, a frequently-asked question is "Why can't somebody be found who can run GM?"
As General Motors gets ready to take its show on the road in support of its initial public offering after Election Day, one of its biggest question marks is the future of Opel and its European division.
General Motors, fresh off two profitable quarters, is planning a public offering expected to raise as much as $16 billion. Does this mean election-year vindication for President Obama's much-maligned decision to take control of the Detroit automaker?
General Motors filed registration documents Wednesday to sell shares to the public again, setting the stage for the U.S. government to reduce its ownership of the automaker.
A possible initial public offering of Internet TV service Hulu would be a significant test for the success of the online streaming video business.
Shares of MakeMyTrip Ltd. soared 89% on Thursday as the Indian travel agency made its debut on the U.S. market, in another sign of strength for online travel booking services.
Demand Media CEO Richard Rosenblatt has been insisting for years that his company is profitable. But it isn't. Never was, in fact.
General Motors was winding up a regular quarterly earnings call with securities analysts and reporters Thursday morning when Chairman Ed Whitacre unexpectedly got on the line to announce that he was stepping down as chairman and CEO.
General Motors posted its second straight profitable quarter Thursday, helping clear the way for a sale of shares to the public that is needed to repay billions in taxpayer assistance it received last year.
Skype, the Internet video phone service, is planning a $100 million initial public offering, according to a regulatory filing Monday.
American International Group is expected to report another quarterly profit Friday. But the elephant in the middle of the room is staying put.
The stock debut of Tesla Motors in late June sparked memories of the initial-public-offering mania of a decade ago. As the share sale for the electric-car maker (which is at least two years from profitability) approached, excitement mounted, and the underwriters raised the price to $17, from an expected range of $14 to $16. Demand was so intense that the stock opened at $19 and spiked as high as $30 within a day. The shares promptly tumbled below $15 before settling around $20 in late July.
What was he thinking? That's what many wondered when David Calhoun left a vice chairman's job at General Electric to run the Nielsen TV ratings company in 2006.
In an interview that will air tonight on ABC's "World News with Diane Sawyer," Facebook CEO Mark Zuckerberg talked frankly about an upcoming IPO, the Facebook movie, a shady lawsuit and much more.
updated: Thu Jul 15 2010 12:21:00
CNN's Eunice Yoon examines the debut of the Agricultural Bank of China, expected to become the world's largest IPO.
Shares of troubled insurance giant AIG surged more than 6% Tuesday morning after reports said the company's board plans to meet this week to discuss a public offering or sale of its Asian life insurance business.
Shares of Tesla Motors sank below their initial public offering price Tuesday and continued to remain depressed Wednesday.
One of China's biggest banks is on track to become the largest IPO in history.
While the rest of Wall Street was slumping this week, one small corner of the market was behaving like it was 1999 all over again.
Investors snapped up shares of Tesla Motors public debut on Tuesday, which raised $266 million for the glitzy but not yet profitable electric car maker.
For promising companies looking for capital, the once-dead IPO market is becoming attractive again -- especially for those backed by investors eager to cash out.
Where are the real opportunities for growth on Wall Street? Try China.
Morgan Stanley and JPMorgan Chase are the leading candidates to handle the underwriting of an initial public offering for General Motors, according to published reports.
Volatility? What volatility? The turmoil in the stock markets over the past month hasn't scared off companies seeking to sell shares to the public.
Zipcar is seeking to raise $75 million through an initial public offering to pay off debt, the company said in a filing Monday.
Toys "R" Us is seeking to raise $800 million in stock through an initial public offering, hoping to clear some debt from its balance sheet, the company said in a securities filing Friday.
What's GM worth? The answer will help determine if taxpayers are able to make a profit from the automaker's bailout.
General Motors returned to profitability in the first three months of the year, the automaker reported Monday. It was GM's first profit since 2007.
Social networking startup Demand Media is preparing an initial public offering and has hired Goldman Sachs as an underwriter, according to a report published Friday.
Citigroup's soon-to-be spun off life insurance division soared in its market debut Thursday, gaining nearly 28%.
Does anyone really believe a little populist outcry will make Goldman Sachs crawl under a rock?
updated: Wed Jan 27 2010 09:46:00
CNN's Eunice Yoon reports on the controversy surrounding Hong Kong's first IPO by a Russian company.
General Motors' chairman and acting CEO Ed Whitacre will become permanent CEO, the automaker said in a press conference Monday. Whitacre also announced that GM would pay back all of its government loans, in full, by June.
The stars may very well align for the IPO market in 2010. Literally.
Wells Fargo said it raised more than $12 billion in a stock sale Tuesday as part of a plan to repay $25 billion in government aid.
Ed Whitacre, the chairman and for now the CEO of General Motors, is still not answering questions about the leadership shakeup at the taxpayer-owned automaker, a week after he promised he would make himself available to such questions.
Did you make bubble-era investments that left you so far underwater you needed a submarine? If so, you've got company. Gather round, and I'll show you how some of the smartest and richest folks in America lost more than half a billion dollars by buying into the commercial real-estate bubble in the summer of 2007.
Dole Food's initial public offering didn't go so well. The world's largest fresh fruit and vegetable company priced its deal below the anticipated offering range -- it then promptly wilted.
After a six-month hiatus of initial public offerings, the market looks to be heating up.
Stocks slumped Thursday, falling for the second straight session, as a surprise drop in existing home sales and tumbling commodity prices gave investors a reason to sell into a rally that pushed the major gauges to one-year highs.
Shares of A123 Systems, one of just a handful of U.S.-based makers of batteries for electric cars, debuted sharply higher from their offering price Thursday as investors cheered the closely watched firm.
Dollar General stores offer bargains to consumers. Will the retailer's stock be as good a deal for investors?
Discount retailer Dollar General Corp. on Thursday filed to sell up to $750 million worth of stock in an initial public offering.
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