Onewo Inc., a property-management arm of China Vanke Co. is planning to raise as much 6.15 billion Hong Kong dollars (US$783.5 million) through an initial public offering in Hong Kong. Read more
Tag: Corporate Actions
Volkswagen seeks up to $71.5 billion valuation in Porsche IPO
German auto maker Volkswagen AG is targeting a valuation of up to $71.5 billion (75 billion euros) for its initial public offering of Porsche, in what would be one of Read more
These 20 stocks have short interest of 19% or more, and AMC and GameStop are not even in the top half
Short selling is a trading technique that gets especially popular during bear markets in stocks. Short selling — or betting on a decline in prices — can come to the Read more
Market rout casts cloud over biggest IPO of the year as at least two deals are pulled during brutal selloff
At least two initial public offerings were withdrawn during Tuesday’s brutal stock market rout, casting a shadow over what’s expected to be the year’s biggest deal, the $1.8 billon offering Read more
UBS to raise 2022 dividend
UBS Group AG said Tuesday that it will raise the accrual for the 2022 ordinary dividend to $0.55 a share from $0.51. The adjustment marks an increase of 10% from Read more
Peloton co-founders John Foley, Hisao Kushi step down in latest leadership shake-up
Peloton Interactive Inc. said late Monday that it has accepted the resignations of co-founders John Foley and Hisao Kushi, the latest leadership shake-up to hit the troubled interactive fitness company. Read more
Robinhood users buy and hold companies ‘they know, understand and believe in for the long-term.’ Here are their favorite stocks.
Tech companies, electric-vehicle makers and some meme stocks are part of the aggregate mix of equities inside the portfolios of Robinhood users, according to a new index from the brokerage Read more
Porsche Could Be Worth as Much as All of Volkswagen in an IPO
An IPO of the Volkswagen-controlled Porsche brand could come in September. Porsche Porsche’s initial public offering is getting close. It’s going to be big. Friday, Bloomberg reported that Porsche has Read more
Novartis to spin off, list Sandoz business
Novartis AG is planning to spin off its generics-and-biosimilars division Sandoz and list it as a standalone company in Switzerland, a move that will enable Novartis to focus on innovative Read more
Peloton stock rockets amid plans to sell bikes through Amazon
Shares of Peloton Interactive Inc. were shooting more than 8% higher in premarket trading Wednesday after the company reached an agreement to sell equipment and other products through Amazon.com Inc. Read more