Posts filtered by tags: New York Stock Exchange[x]


Uber reportedly chooses the NYSE for IPO as competitor Lyft gears up to list on Nasdaq

Uber has chosen the New York Stock Exchange for its upcoming initial public offering (IPO), according to Bloomberg. The ride-hailing company is expected to publicly file for an IPO in April at a valuation that could hit as high as $120 billion. Meanwhile, Uber's rival Lyft is revving up its own IPO on the other major US stock exchange, the Nasdaq. Lyft is expected to start trading at the end of next week. The competition between Uber and Lyft has no bounds. Just days before Lyft is set to go ...
Tags: Lyft, Ipo, US, Trends, Bloomberg, New York Stock Exchange, Levi Strauss, Nyse, Samsung Galaxy, GrubHub, New York Stock Exchange NYSE, Bloomberg Uber, Nasdaq Lyft, Nasdaq Uber

‘The Hummingbird Project’ Infographic Tells You How to Make $500 Million a Year

The Hummingbird Project hopes to expose the “ruthless edge of our increasingly digital world.” The film focuses on two cousins trying to win big in the world of high-frequency trading, a complicated subject I won’t pretend I’m smart enough to understand. It all comes down to quick timing – milliseconds, really. In a Hummingbird Project infographic below, the ins and outs of high-frequency trading are boiled down for you to obsess over. In The Hummingbird Project, “cousins Vincent and Anton ...
Tags: Movies, New Jersey, Kansas, New York Stock Exchange, Independent, Vincent, Anton, The Hummingbird Project, Hummingbird Project

Levi Strauss shares soar 30% in IPO

Shares of jean maker Levi Strauss surged 30% in their debut on the New York Stock Exchange Thursday
Tags: Cnn, New York Stock Exchange, Levi Strauss

Tencent Music [NYSE: TME] Stock Falls 10.3% Wednesday

[UPDATE] Tencent Music [TME] stock took a beating Wednesday after the streamer's first post-IPO report to investors included a $127 million quarterly loss. TME stock closed trading on the New York Stock Exchange Wednesday at 16.66 USD down $1.91 or 10.29%. Investors were not happy, even though the company had forecast the loss caused by a one time $221 million stock issuance to Warner Music Group and Sony Music Entertainment. More details: Tencent Music Posts $127M Loss, 664M Mon...
Tags: Music, Sony, New York Stock Exchange, Bruce Houghton, Warner Music Group

Tencent Music [TME] Stock Falls 9.3% After Earnings Report

Tencent Music stock was taking a beating on Wednesday after the streamer's first IPO report to investors. Tencent Music had posted a $127 million loss. As of early afternoon, TME was trading on the New York Stock Exchange at $ 6.86 USD, down $ 1.71 or 9.21%. Investors were not happy, even thought the company had forecast the loss caused by a one time $221 million stock issuance to Warner Music Group and Sony Music Entertainment. More details: Tencent Music Posts $127M L...
Tags: Music, Sony, Streaming, New York Stock Exchange, Music Business, Music Tech, Bruce Houghton, Warner Music Group, Startups & Funding, Tencent Music

Spotify rival Tencent Music posts maiden quarter loss of $130M on one-off costs

Tencent Music Entertainment Group, the Chinese answer to Spotify that Tencent spun out and floated on the New York Stock Exchange in December, reported a net loss of 876 million yuan ($127 million) in its first set of quarterly results since going public. The loss, which TME forecasted in its prospectus filed ahead of the IPO, is mainly due to a one-off 1.52 billion yuan ($221 million) share-based charge related to equity issuance to label partners Warner Music Group and Sony Music Enterta...
Tags: Spotify, China, Ipo, US, Tech, Beijing, Alibaba, Sony, Tencent, Warner Music, Warner, New York Stock Exchange, Sony Music Entertainment, Reuters, Warner Music Group, Universal Music Group

14 of the most important early Facebook employees — and where they are now

On March 14, Facebook CEO Mark Zuckerberg announced the departure of two key executives: chief product officer Chris Cox and head of WhatsApp Chris Daniels. Cox and Daniels join a long list of Facebook employees who have left the company. We took a look at where 14 of the most important Facebook employees throughout the company's history are now. On March 14, CEO Mark Zuckerberg announced the departure of Chris Cox , chief product officer and longtime employee of Facebook. Cox joined th...
Tags: Facebook, Mark Zuckerberg, Instagram, Congress, Trends, Harvard, Harvard University, New York Stock Exchange, Chris Hughes, Andrew Bosworth, Zuckerberg, Cox, Dustin Moskovitz, Daniels, Chris Cox, Angelo

Unicorn startup PagerDuty files to go public

On Friday, the IT operations company PagerDuty filed its S-1 to go public. PagerDuty previously confidentially filed for its IPO, but at the time, the government couldn't review its prospectus due to the government shutdown. The IT operations company PagerDuty filed its S-1 on Friday to go public. PagerDuty, which was founded in 2009, helps alert employees when there are IT incidents.  In the last twelve months, it has generated a revenue of $107 million. It now has over 10,000 customers. ...
Tags: Trends, New York Stock Exchange, Bessemer Venture Partners, PagerDuty, Andreessen Horowitz Accel

African e-commerce startup Jumia files for IPO on NYSE

Pan-African e-commerce company Jumia filed for an IPO on the New York Stock Exchange today per SEC documents and confirmation from CEO Sacha Poignonnec to TechCrunch. The valuation, share price, and timeline for public stock sales will be determined over the coming weeks for the Nigeria headquartered company. With a smooth filing process, Jumia will become the first African tech startup to list on a major global exchange. Poignonnec would not pinpoint a date for the actual IPO, but noted the min...
Tags: Startups, TC, Ipo, Nigeria, Africa, Tech, E-commerce, Ceo, Economy, Smartphones, Companies, Egypt, Morocco, Kenya, SEC, Online Retail

Tufin files to go public

Tufin Software Technologies Ltd, a cybersecurity software provider, has filed for an IPO. The company plans on listing the stock on the New York Stock Exchange under the ticker symbol “TUFN.” J.P. Morgan Securities LLC, Barclays Capital Inc and Jefferies LLC are serving as the lead underwriters. Tufin is backed by Catalyst Investments and Marker. PRESS RELEASE BOSTON, March 6, 2019 /PRNewswire/ — Tufin Software Technologies Ltd. (“Tufin”), a company pioneering a policy-centric approach to securi...
Tags: Boston, Trends, IPOs, SEC, New York Stock Exchange, U S Securities and Exchange Commission, Jefferies LLC, Barclays Capital Inc, Morgan Securities LLC, William Blair Company L L C, Broadridge Financial Solutions, Long Island Avenue Edgewood NY, Tufin, Equity Syndicate Prospectus Department, Madison Avenue 2nd Floor New York NY, Tufin Software Technologies Ltd

Raymond James hires Young as MD

Raymond James has named J.P. Young as a managing director for its specialty finance banking practice. Previously, Young worked at William Blair & Co. where he was a managing director in Chicago. PRESS RELEASE ST. PETERSBURG, Fla. – Raymond James has hired J.P. Young as a Managing Director in the Specialty Finance Banking practice, part of the firm’s Financial Services Investment Banking group. Young will be based in Chicago and focus on expanding the firm’s advisory and capital formation service...
Tags: Usa, Toronto, Trends, People, Chicago, University Of Chicago, New York Stock Exchange, Memphis, Young, Blair, Raymond James, St Petersburg Fla, United States Canada, Sean Martin, Lehigh University, FBR Capital Markets

Salesforce Ventures launches $50 mln Australia startups fund

Salesforce Ventures has unveiled a $50 million Australia Trailblazer Fund. The fund will focus on Australian startups in the Salesforce ecosystem. PRESS RELEASE SYDNEY, March 4, 2019 /PRNewswire/ — Salesforce (NYSE: CRM), the global leader in CRM, today announced that Salesforce Ventures, the company’s global corporate investment group, has launched the Australia Trailblazer Fund, a new $50 million fund to empower Australian startups in the Salesforce ecosystem. With this new fund, Salesforce Ve...
Tags: Asia, Europe, Australia, San Francisco, Trends, Sydney, Funds, Telstra, Salesforce, New York Stock Exchange, CRM, Cto, Salesforce Ventures, Bret Taylor, Bugcrowd, Casey Ellis

Cerberus completes take-private buyout of Sparton

Cerberus has closed its previously announced take-private acquisition of Schaumburg, Illinois-based Sparton, a provider of electromechanical devices, for $18.50 per share. As a result of the deal, Sparton will be stop trading on the New York Stock Exchange prior to the opening of the trading session on March 5, 2019. PRESS RELEASE SCHAUMBURG, Ill.–(BUSINESS WIRE)–Sparton Corporation (“Sparton” or the “Company”) (NYSE:SPA) today announced the completion of its acquisition by Sparton Parent, Inc. ...
Tags: Trends, New York Stock Exchange, Spa, Nyse, Cerberus, Sparton, Schaumburg Illinois, PE Deals, Cerberus Capital Management L, SCHAUMBURG Ill BUSINESS WIRE Sparton Corporation, Schaumburg IL Sparton, Industrial/Manufacturing, Sparton Parent Inc, Joseph Hartnett Interim, Dev Kapadia Co, Sparton Corporation Sparton Corporation

OMPE exits Perennials and Sutherland

ORIX Mezzanine & Private Equity has exited its stake in Perennials and Sutherland LLC. No financial terms were disclosed. OMPE teamed up with Acacia Partners to invest in Perennials and Sutherland in December 2015. Acadia has also exited its stake in the company as a result of Bertram Capital investing in Perennials. Dallas-based Perennials is a designer of acrylic performance fabric and rugs for indoor and outdoor use and luxury outdoor furniture. PRESS RELEASE DALLAS (Feb. 26, 2019) ORIX Mezza...
Tags: Trends, Dallas, New York Stock Exchange, North America, Sutherland, Austin Texas, U S, Acadia, Tokyo Stock Exchange, Orix, PE Deals, Perennials, Bertram Capital, ORIX Corporation, IX, ORIX Mezzanine Private Equity

Ares, Freeman Spogli to sell 10 mln Floor & Decor shares

Floor & Decor Holdings Inc  said Feb. 26 that Ares Management LP and Freeman Spogli Management Co LP plan to sell 10 million shares of company stock in a secondary offering. The selling stockholders also plan to offer 1.5 million additional Floor & Décor shares to the underwriters. JP Morgan Chase and Goldman Sachs are underwriters of the offering. Floor & Decor, a retailer of hard surface flooring and related accessories, went public in April 2017. PRESS RELEASE Floor & Decor Holdings, Inc. Ann...
Tags: Trends, IPOs, SEC, Goldman Sachs, New York Stock Exchange, Jp Morgan Chase, Securities And Exchange Commission, Company, The Company, Atlanta Georgia, Holdings Inc, Morgan Securities LLC, Broadridge Financial Solutions, Ares Management LP, Floor Decor Holdings Inc, ATLANTA BUSINESS WIRE Floor Decor Holdings Inc

The CEO of China's largest electric car company compares Tesla to high fashion — and says his company is the 'girl next door' (TSLA, NIO)

CBS's 60 Minutes interviewed NIO founder and CEO William Li in a new segment that aired Sunday night.  Li didn't deny calling his car a "Tesla killer" and compared Elon Musk's competitor to high fashion clothing. "They may be beautiful, but you can’t wear them every day," he told correspondent Holly Williams.  As Tesla builds its second "gigafactory" in Shanghai, its biggest domestic competitor in the country is ready to play hardball. Nio, an $8 billion electric car maker that began trading ...
Tags: Elon Musk, China, US, Trends, Tesla, Shanghai, Cbs, New York Stock Exchange, Donald Trump, Li, Dunne, NIO, William Li, Michael Dunne, Tesla of China, Holly Williams As Tesla

Lyft could launch its IPO as soon as next week, according to multiple reports

A flurry of news reports Wednesday said Lyft is almost ready to begin the IPO process.  The ride-hailing firm could make its confidential filing public as early as next week, with a road-show beginning in March.  Beating Uber to public markets could be huge for the smaller rival, experts have told Business Insider.  Lyft may beat Uber to public markets, according to multiple news reports published this week. Both Bloomberg and the reported the company was planning to make its confidential...
Tags: Lyft, Etsy, US, Trends, Bloomberg, Credit Suisse, Alibaba, New York Stock Exchange, Honda, Nasdaq, Jefferies, Jpmorgan, Middle America, Bloomberg Lyft, Business Insider Lyft, New York Times A Lyft

Why Spotify Isn't Simply A Music Company [Cherie Hu]

In this piece Cherie Hu looks at how Spotify's major investments in third party licensing deals and original podcast development are validating investor predictions and causing it to become the Netflix of audio while potentially putting its brand at risk. ____________________________________ Guest post by Cherie Hu on Medium On October 28, 2018, as I was on Spotify’s mobile app searching for a certain music playlist I had made for myself, I received the following, unsolicite...
Tags: Apple, Amazon, Spotify, Music, Hbo, New York, London, Amy Schumer, Disney, Syfy, Bbc, Netflix, Pandora, Guest Post, EK, Npr

What Works on Shark Tank, Take Advantage of Mobile Marketing, Rank Higher on Amazon, Social Media Fuels SMB Growth and Other Things Entrepreneurs Need to Know

20 Things Small Business Owners Need to Know By Rieva Lesonsky   1—The Truth About Shark Tank Are you a fan of Shark Tank? Here’s some scoop from Digital Exits about what works when pitching the sharks. For instance, did you know 85% of successful pitches are primarily product based? Check out the infographic below for more information.   2—Small Business Outlook 2019 Visa has just released its Small Business Outlook for winter 2019. Visa says the Small Business Outlook shows “robust econom...
Tags: Amazon, Facebook, Mark Zuckerberg, Business, Instagram, United States, Facebook Messenger, New Orleans, Npr, New York Stock Exchange, Jack, Yemen, Hulu, John Williams, Cnbc, Alexa

TAL to raise about $500 mln

TAL Education Group, a K-12 after-school tutoring services provider in China, has agreed to secure about $500 million in funding. The investor was not identified. PRESS RELEASE BEIJING, Feb. 18, 2019 /PRNewswire/ — TAL Education Group (NYSE: TAL) (“TAL” or the “Company”), a leading K-12 after-school tutoring services provider in China, today announced that a long-term equity investment firm has agreed to purchase a total of approximately US$500 million of newly issued Class A common shares of th...
Tags: China, US, Trends, Beijing, New York Stock Exchange, Company, Tal, VC Deals, TAL Education Group, TAL Education Group NYSE, TAL TAL, About TAL Education Group TAL Education Group

Apollo completes take-private Aspen Insurance buyout

Apollo Global Management has closed its take-private acquisition of Aspen Insurance in an all-cash transaction valued at about $2.6 billion. As a result of the closing, Aspen stopped trading February 15, 2019 on the New York Stock Exchange and the Bermuda Stock Exchange. Goldman Sachs and J.P. Morgan Securities LLC provided financial advice to Aspen on the deal. PRESS RELEASE NEW YORK & HAMILTON, Bermuda–(BUSINESS WIRE)–Affiliates of certain investment funds (the “Apollo Funds”) managed by affil...
Tags: New York, Trends, United States, United Kingdom, United Arab Emirates, AHL, New York Stock Exchange, Financial Services, KKR, Apollo, Chris, Aspen, Nyse, Board, Mark, Lloyd

Ed Woodward issues assessment of Man United’s Ole Gunnar Solskjaer

Ed Woodward & Manchester United Man United have today revealed their latest financials. In the newly released documents, which are required as Man United are listed on the New York Stock Exchange, chief exec Ed Woodward penned a few eye-catching comments. Woodward on Ole Gunnar Solskjaer In midweek Champions League action, PSG handed Ole Gunnar Solskjaer his first defeat since becoming the interim boss. Yet Solskjaer’s record remains impressive. Aside from the defeat, the Norwegian has 11 win...
Tags: Sport, Soccer, Chelsea, Manchester United, Jose Mourinho, Alexis Sanchez, Ed Woodward, New York Stock Exchange, Man United, Psg, United, Ole Gunnar Solskjaer, Mourinho, Woodward, Rob Harris, Emilio

Jeans maker Levi Strauss files for stock market comeback

Levi Strauss & Co filed documents on Wednesday to list itself on the New York Stock Exchange, seeking to return to public markets after more than three decades.
Tags: Money, businessNews, New York Stock Exchange, Levi Strauss, Levi Strauss Co

Jeans maker Levi Strauss files for IPO to return to public markets

Jeans maker Levi Strauss & Co on Wednesday filed documents to list itself on the New York Stock Exchange, as the 145-year old company seeks to return to the public markets after more than three decades.
Tags: Money, businessNews, New York Stock Exchange, Levi Strauss, Levi Strauss Co

Investor group closes take-private acquisition of Dun & Bradstreet

An investor group led by CC Capital, Cannae Holdings, Bilcar, Black Knight and Thomas H. Lee Partners has closed its previously announced take-private buyout of Dun & Bradstreet. The deal was reported to be $7.2 billion, according to a source familiar with the transaction. Financial advisers to the investor group included BofA Merrill Lynch, Citigroup and RBC Capital Markets while Kirkland & Ellis LLP provided legal advice. J.P. Morgan was financial adviser to Dun & Bradstreet with Cleary Gottli...
Tags: New York, Trends, Private Equity, William, New York Stock Exchange, North America, Blackstone, Stephen, Nyse, Morgan, Company, Foley, Chu, Knight, Kirkland Ellis LLP, RBC Capital Markets

Insiginia Capital to acquire minority stake in marketing tech company MediaAlpha

Insignia Capital Group has agreed to acquire a “significant” minority stake in MediaAlpha, a marketing technology company. The transaction puts MediaAlpha at a valuation of about $350 million. As a result of the transaction, White Mountains Insurance Group Ltd will retain an equity stake in MediaAlpha. Petsky Prunier Securities LLC provided financial advice to MediaAlpha on the deal. PRESS RELEASE HAMILTON, Bermuda, Feb. 4, 2019 /PRNewswire/ — White Mountains Insurance Group, Ltd. (NYSE: WTM) an...
Tags: Trends, New York Stock Exchange, Bermuda, San Francisco Bay Area, White Mountains, White Mountains Insurance Group Ltd, PE Deals, Insignia Capital, WTM, Insignia Capital Group, Petsky Prunier Securities LLC, Manning Rountree, White Mountains White Mountains, Bermuda Stock Exchange, Mediaalpha, Insiginia Capital

Aaron Sorkin’s The Trial of the Chicago 7 Back on Track With All-Star Cast

Aaron Sorkin’s The Trial of the Chicago 7 back on track with all-star cast Nearly two months after delaying the film once again, Rocket Science Productions has announced that the long-in-development courtroom drama The Trial of the Chicago 7 from writer-director Aaron Sorkin (Molly’s Game) is officially back on track with an A-list ensemble cast. PB = PB || {}; PB.gptStandAlone = PB.gptStandAlone || {}; PB.gptAutoRefresh = PB.gptAutoRefresh || {'gptAds'...
Tags: Movies, Aaron Sorkin, Berlin, America, Chicago, Paul Greengrass, Joseph Gordon-levitt, Eddie Redmayne, Seth Rogen, Vietnam, New York Stock Exchange, Ben Stiller, Spielberg, Steven Spielberg, Sacha Baron Cohen, Woods

Tencent’s stock soars making it’s co-presidents billionaires

Tencent’s entry onto the New York Stock Exchange has been up and down but last weeks boost puts them in a great position. Last month Tencent Music Entertainment made their entry on to the New York Stock Exchange (NYSE), launching a much anticipated and repeatedly delayed IPO. Tencent Music went public at $13 per share but last week the company saw stocks trading above $16 which put it’s 2 co-presidents, Xie Zhenyu and Xie Guomin’s fortunes worth just under $1 billion. They closed the we...
Tags: Spotify, Music, Investment, Tencent, Streaming, New York Stock Exchange, Stock, Tencent Holdings, Stock Exchange, Nyse, Industry News, Pony Ma, New York Stock Exchange NYSE, Ma Huateng, Tencent Music Entertainment, Tencent Music

4 Ways The Business Of Music Videos Will Dramatically Shift In 2019 [Cheri Hu]

In this piece, Cherie Hu speculates on four important way in which the music business, or more specifically the music video business, will radically transform in 2019 for both creators and consumers alike. ________________________   By Cheri Hu. This first appeared on Forbes. Speaking at the Cardozo School of Law on December 5, 2018, YouTube’s Global Head of Music Lyor Cohen made an argument that initially seemed frivolous, but actually rings with a deeper truth: “The ...
Tags: Facebook, Asia, Spotify, Music, London, Instagram, California, Germany, Kanye West, Netflix, Mtv, Guest Post, Ariana Grande, Middle East, Tencent, Brazil

Raymond James Financial to buy Silver Lane Advisors

Raymond James Financial Inc has agreed to buy Silver Lane Advisors, an investment bank focused on M&A in the financial services sector. No financial terms were disclosed. The deal is expected to close by April. PRESS RELEASE ST. PETERSBURG, Fla. – Raymond James Financial, Inc. (NYSE: RJF) announced today that it has entered into a definitive purchase agreement to acquire Silver Lane Advisors LLC, a boutique investment bank focused on M&A in the financial services sector. The transaction is expec...
Tags: Trends, M&a, New York Stock Exchange, Financial Services, Fintech, Raymond James, St Petersburg Fla, United States Canada, Paul Reilly, Raymond James Financial Inc, Raymond James Financial, Raymond James Associates Inc, RJF, Raymond James Financial Inc NYSE, Financial Services Investment Banking, Jim Bunn