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Box Files For Initial Public Offering
Tuesday, March 25, 2014 - 11:15am | 629Enterprise-focused cloud-based file-management service Box said Monday, via tweet that it was planning a $250 million IPO. A short while later, re/code said the filing had gone live. Box launched in 2005 as an academic project created by CEO Aaron Levie in his dorm room at USC. According...
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GoPro Files For Initial Public Offering
Friday, February 7, 2014 - 12:31pm | 196Outdoor enthusiasts and investors alike welcomed the news that GoPro is filing for an IPO. GoPro manufacturers a brand of high-definition personal cameras that outdoor enthusiasts often use to mount on their bodies to “capture and share your world.” I loved Amazing shot by @redbull #gopro #...
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Looming Lawsuit & Zuckerberg Stock Sale Cause Drop In Facebook Shares
Thursday, December 19, 2013 - 11:36am | 547Two recent news stories about Facebook (NASDAQ: FB) continued to unfold Thursday as company shares slid up to 5.3 percent in premarket trading. Closing price Wednesday was $55.57 per share. The first story, reported by Reuters late Wednesday, was that CEO Mark Zuckerberg and a number of banks...
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Biggest Post-Facebook IPO Wave Is Set For This Week
Monday, July 16, 2012 - 12:43pm | 421The biggest wave of IPOs since Facebook (NASDAQ: FB) went public is set to hit the U.S. markets this week. The reception to IPOs slowed in the second quarter in the wake of Facebook's lackluster market debut. New issues also were down, however, as companies delayed their moves to the public...
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Commercial Real Estate Week in Review
Saturday, May 22, 2010 - 6:00am | 558Commercial Real Estate Week in Review-Week of May 16-22 -Our office neighbor Hersha Hospitality Trust is betting on the New York hotel sector, as they increased their exposure by purchasing a 113-room Holiday Inn. -Welsh Property Trust and Campus Crest Communities are going public. Their IPO’s are...
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Upcoming IPO Profile: Symetra Financial Corporation (NYSE:SYA)
Friday, January 15, 2010 - 5:25pm | 155Symetra Financial Corporation (NYSE:SYA) is slated for its IPO and move to the NYSE in the coming week. The company - which is already the size of a small cap with a market capitalization of $1.45 billion - will tack on another $351 million by selling 27 million shares in the $12 - $14 range. Like...
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Upcoming IPO Profile: Cellu Tissue Holdings (CLU)
Friday, January 15, 2010 - 4:58pm | 118Cellu Tissue Holdings (NYSE:CLU) is scheduled to raise a relatively large sum of money in the upcoming week's IPO. The manufacturer of private label tissue products - with a current market cap of $306 million - will raise another $125 million via the sale of 7.8 million shares prices somewhere...
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Upcoming IPO Profile: Andatee China Marine Fuel (NASDAQ:AMCF)
Friday, January 15, 2010 - 4:42pm | 90Andatee China Marine Fuel (NASDAQ:AMCF) will be raising approximately $17 million in the coming week via an initial public offering of 2.5 million shares. The anticipated price range is $6 to $8. The current pre-IPO market cap is approximately $59.5 million. The company did $87 million in sales...
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Upcoming IPO Profile: China Hydroelectric (CHC)
Friday, January 15, 2010 - 4:33pm | 94Note that China Hydroelectric (NYSE:CHC) is slated for an offering in the coming week. The price range is expected to be in the $15 to $17 range. With about 3.1 million shares being put on the table, the company will raise about $50 million. After the offering, the company's market cap should be...
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Orient-Express Hotels Ltd. (NYSE:OEH) Among Top Gainers
Wednesday, January 13, 2010 - 11:21am | 60Orient-Express Hotels Ltd. (NYSE: OEH) is up 7.7% - one of the NYSE's strongest movers - on the heels of an announcement regarding pricing for its upcoming IPO. The $1.0 billion company will be offering 12 million shares at $10 each. Orient-Express Hotels Ltd. will use part of the money to acquire...