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BTIG Downgrades Synchrony Financial Following Achievement Of Price Objective
Monday, December 22, 2014 - 10:17am | 147Read More...Mark Palmer of BTIG Research downgraded shares of Synchrony Financial (NYSE: SYF) to Neutral from Buy after shares recently traded at his $30 price target. “While we continue to be impressed by Synchrony Financial's best-in-class capital ratios, strong liquidity and growing deposit base, we believe...
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2 Funds With Plenty To Tweet About
Wednesday, December 3, 2014 - 3:47pm | 433Read More...Shares of Twitter Inc (NYSE: TWTR) were never able to take wing on the first trading day of the fourth quarter. The stock sputtered 6.47 percent on news that top executives, including CEO Dick Costolo and co-founders Jack Dorsey and Ev Williams, had unloaded nearly $50 million in stock throughout...
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Timeline: General Motors Stock Since 2010 Initial Public Offering
Friday, November 28, 2014 - 11:46am | 960Read More...The General Motors Company (NYSE: GM) IPO launched on November 17, 2010. Since then, much has happened with the “new” General Motors. Over the past four years, from November 17, 2010, when the “new” GM launched, to now, General Motors Company share prices were down...
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Procter & Gamble Could Spin Off Duracell
Tuesday, November 11, 2014 - 1:32pm | 526Read More...In its first quarter 2015 earnings call, Procter & Gamble Co (NYSE: PG) announced it will be divesting itself of iconic battery brand, Duracell. In 2014, Duracell sales accounted for $2.2 billion of Procter & Gamble’s $83 billion in sales. As the largest personal battery provider...
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Will Martin Aircraft IPO Lead To Skies Filled With Jetpacks?
Thursday, November 6, 2014 - 4:23pm | 696Read More...One of the more interesting companies set to launch an initial public offering before the end of 2014 has been New Zealand’s Martin Aircraft Co. Ltd. Martin said it wanted to raise up to $22 million to fund further development of its stable of jetpacks. According to The Wall Street...
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What's An IPO Mean For Ferrari?
Wednesday, November 5, 2014 - 5:23pm | 1188Read More...Last week, Fiat Chrysler Automobiles NV (NYSE: FCAU) announced that it would be conducting an initial public offering of its luxury sports car brand, Ferrari. The announcement comes just a month after General Motors Company (NYSE: GM) decided to break off its own luxury brand, Cadillac, and...
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What To Expect When You're Expecting: Alibaba Group Holding Ltd
Thursday, September 18, 2014 - 10:31am | 1180Read More...Alibaba Group Holding Ltd (NYSE: BABA) is finally here. The Chinese E-commerce mammoth expects to be the largest U.S. IPO in history by raising up to $25 billion from investors. When hype and expectations get bloated, reality can be distorted. Truths Alibaba is a big deal -- literally. Not...
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The Alibaba IPO & Six Other New Issues For The Week Of September 15
Monday, September 15, 2014 - 2:55pm | 732Read More...The IPO calendar picks up for the week of September 15, with seven new issues slated to debut including the much anticipated Alibaba (NYSE: BABA) IPO. Wednesday, September 17 Home health and human services provider, Civitas Solutions (NYSE: CIVI), serves handicapped individuals who are...
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NYSE Tops 2014's Most Active Stock Exchanges Before Alibaba Debut
Monday, September 15, 2014 - 10:28am | 565Read More...In anticipation of Alibaba Group Holding Limited (NYSE: BABA) massive IPO due on Friday and in honor of this year’s outstanding year for IPOs, it seems only natural to look back at some of this year’s biggest IPOs on the most active exchanges. The top five exchanges by percent of...
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RBS's Citizens Financial IPO 'Signifies The End Of The Big Bank Model,' Says Expert
Tuesday, September 9, 2014 - 9:23am | 374Read More...Yesterday, the Royal Bank of Scotland Group plc (LON: RBS) revealed more details about its upcoming spinoff. The IPO, which will center on RBS's US retail banking arm Citizens Financial, is expected to raise upwards of at least $3 billion with a total market capitalization above $13 billion...
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Shake Shack IPO Hopes To Ride Fast Casual Coattails
Friday, August 22, 2014 - 3:27pm | 697Read More...Fast casual restaurant chain Shake Shack recently tapped JP Morgan and Morgan Stanley to underwrite its IPO. The news comes on the heels of three other restaurant offerings this year: Zoe's Kitchen (NYSE: ZOES), Papa Murphy's Pizza (NASDAQ: FRSH) and El Pollo LoCo (NASDAQ:...
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IPOs This Week: Are Otonomy And C1 Financial Worth A Look?
Monday, August 11, 2014 - 9:50am | 733Read More...The week of August 11 will experience a light load of IPOs, both in quantity and size. The two IPOs, Otonomy (NASDAQ: OTIC) and C1 Financial (NYSE: BNK), will price on Wednesday and Thursday, respectively. Otonomy Otonomy is an $80 million biopharmaceutical company that develops innovative...
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Should Your Portfolio Dream About iDreamSky Technology?
Thursday, August 7, 2014 - 9:59am | 619Read More...Distributor of mobile phone games like the Temple Run series and Subway Surfers, iDreamSky Technology (NASDAQ: DSKY) priced its 7.7 million ADS at $15, a hair above the expected range of $12 to $14. The question is, will iDreamSky be another King Digital (NYSE: KING), or will it run...
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IPO Lookout: Busy Week Brings The Biggest IPO Since Facebook
Monday, July 28, 2014 - 3:50pm | 1492Read More...This should be a big week for initial public offerings, with 23 new issues on the docket, including Synchrony Financial (NYSE: SYF), the biggest IPO since Facebook (NASDAQ: FB). Founded in 1932, Synchrony Financial is one of the largest consumer credit lenders in the United States. Through a...
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Box Just Did Something Rare For A Company About To Go Public
Tuesday, July 8, 2014 - 11:57am | 596Read More...It is rare for a company that has already filed for an IPO to seek new financing. Box Inc. did just that Monday, raising $150 million from private equity firm, TPG Growth and from Coatue Management, L.L.C. According to The Wall Street Journal, data from Dow Jones VentureSource indicated that...














