Initial public offerings

September 11, 2018 - 7:11 am
COPENHAGEN, Denmark (AP) — The CEO of Swedish automaker Volvo Cars, owned by China's Geely holding company, says "the timing right now is not optimal" for an initial public offering, citing "an escalating trade war, tariffs and market volatility." CEO Hakan Samuelsson added in a mail to The...
Read More
September 06, 2018 - 8:05 am
LONDON (AP) — Online luxury e-commerce company Farfetch says it expects to reap $446.5 million in its upcoming initial U.S. stock sale. The London-based company, which runs a global platform matching upscale brands with affluent buyers, revealed pricing terms of its initial public offering on the...
Read More
FILE - In this Tuesday, June 19, 2018 file photo, a staff member from the Bonhams motor car department poses for photographers with the 1965 Aston Martin DB5 driven by actor Pierce Brosnan in his role as James Bond in the 1995 movie GoldenEye during a photocall at premises of Bonhams auction house in London. Aston Martin, the maker of James Bond's favorite sports car, says it may sell shares for the first time as the company seeks to attract more wealthy buyers with an expanded product range including sedans, sports utility vehicles and even submarines. (AP Photo/Matt Dunham, File)
August 29, 2018 - 6:54 am
LONDON (AP) — Aston Martin, the maker of James Bond's favorite sports car, said Wednesday it may sell shares for the first time as it seeks to attract more wealthy buyers with an expanded product range including sedans, sports utility vehicles and even submarines. The company said it will sell at...
Read More
FILE - In this Feb. 26, 1997 file photo, Khaled al-Otaiby, an official of the Saudi oil company Aramco, watches progress at a rig at the al-Howta oil field near Howta, Saudi Arabia. Saudi Arabia said on Thursday, Aug. 23, 2018 that it "remains committed" to an initial public offering of the state-run oil behemoth Saudi Aramco despite delays and growing speculation it may never be listed. (AP Photo/John Moore, File)
August 23, 2018 - 2:59 am
DUBAI, United Arab Emirates (AP) — Saudi Arabia said on Thursday it "remains committed" to an initial public offering of the state-run oil behemoth Saudi Aramco, despite delays and growing speculation it may never be listed. The IPO of the Saudi Arabian Oil Co. remains a major plank of 32-year-old...
Read More
FILE - In this March 15, 2017 file photo, a sign marks a pick-up point for the Uber car service at LaGuardia Airport in New York. New York City is imposing a one-year moratorium on new ride-hailing licenses in Uber's largest U.S. market, raising the specter that other cities may adopt similar crackdowns as they try to ease traffic congestion. (AP Photo/Seth Wenig, File)
August 09, 2018 - 3:05 pm
SAN FRANCISCO (AP) — Uber will have to navigate around a new regulatory pothole in New York on an already bumpy road to its initial public offering of stock next year. New York City is imposing a one-year moratorium on new ride-hailing licenses in Uber's largest U.S. market, raising the specter...
Read More
August 08, 2018 - 12:08 am
HONG KONG (AP) — Shares in the state-owned monopoly that operates China's vast network of mobile phone towers are flat as the company makes its stock market debut in Hong Kong after raising $6.9 billion from investors. China Tower Corp. was trading at 1.27 Hong Kong dollars (16.2 U.S. cents) per...
Read More
July 24, 2018 - 9:22 am
HONG KONG (AP) — The state-owned monopoly that operates China's vast network of mobile phone towers plans to raise up to $8.7 billion in the biggest global stock offering in four years. China Tower Corp. said Tuesday it plans to use 60 percent of the money for investment in its operations and gave...
Read More
FILE - In this April 20, 2015 file photo, a Canadian flag with a cannabis leaf flies on Parliament Hill during a 4/20 event in Ottawa, Ontario. Another big first for the marijuana industry is in the books: A major Canadian grower, processor and distributor has completed an initial public stock offering in the United States, raising $153 million, just as Canada prepares to legalize the drug nationwide. British Columbia-based Tilray Inc.'s shares began trading Thursday, July 19, 2018, on the Nasdaq stock exchange, initially priced at $17. It quickly jumped to more than $21. (Adrian Wyld/The Canadian Press via AP, File)
July 19, 2018 - 2:22 pm
SEATTLE (AP) — A Canadian company is the first marijuana business to complete an initial public offering on a major U.S. stock exchange, raising $153 million to expand its operations as Canada prepares to legalize the drug nationwide. British Columbia-based Tilray Inc.'s shares began trading...
Read More
Xiaomi's Founder, Chairman and CEO Lei Jun receives an interview after the listing ceremony at the Hong Kong Stock Exchange in Hong Kong Monday, July 9, 2018. (AP Photo/Vincent Yu)
July 09, 2018 - 5:07 am
HONG KONG (AP) — Xiaomi Corp. shares slipped and then rebounded Monday in the Chinese smartphone maker's first trading day in Hong Kong following a multibillion-dollar initial public offering. Trading opened at 16.60 Hong Kong dollars ($2.11) per share, below Xiaomi's offering price of 17 Hong Kong...
Read More
BJ's Wholesale Club Chairman & CEO Christopher Baldwin rings a ceremonial bell on the floor of the New York Stock Exchange, as his company's IPO begins trading, Thursday, June 28, 2018. Shares of BJ's Wholesale Club Holdings Inc. are soaring as it returns to the public markets after seven years. (AP Photo/Richard Drew)
June 28, 2018 - 4:31 pm
NEW YORK (AP) — BJ's got a warm welcome from Wall Street even as it continues to be a laggard in the highly competitive warehouse club market. Shares of BJ's Wholesale Club Holdings Inc. rallied more than 29 percent to close Thursday at $22 as it returned to the public markets after seven years...
Read More

Pages