With a 25% downfall, IBM shares suffer worst day after earnings warning
In a massive setback for CEO Arvind Krishna, IBM sees its Q2 revenue coming in at USD 17.2 billion, missing analyst forecasts of USD 17.86 billion...
Tag : New York Stock Exchange
Zim CEO Eli Glickman resigns after failed takeover bid
Before German shipping giant Hapag-Lloyd's takeover, Glickman had reportedly attempted to lead a group to acquire Zim, through a failed bid...
Bitcoin hovers below record levels after first-ever ETF debuts on NYSE
The Proshares Bitcoin-linked ETF is trading under the ticker name of BITO...
China’s ZTO Express to raise $1.6 bn in Hong Kong listing
The logistics company is selling 45 mn shares in the offering...
SoftBank-backed CloudMinds slashes jobs over failed IPO
The company will cut between 175 and 225 jobs — and shut down its co-headquarters in Silicon Valley...
China fintech OneConnect skips HK, to raise $100 mn in US IPO
The startup will list its shares either on the New York Stock Exchange or the Nasdaq Global Market...
Aramco replaces chairman with sovereign wealth fund chief
Saudi Arabia plans to separate the Ministry of Energy from Aramco as the state-owned company prepares for IPO...
Lyft effect: Uber valued at $82.4 billion in its most anticipated IPO
After Lyft’s IPO jitters, Uber settles for $45 per share with a valuation that is nearly a third less than predicted...
As Jumia lists on NYSE, African startup founders find capital hard to get
Even impact investment funding is skewed in favour of Western founders...
KKR Real Estate Finance Trust announces pricing of public offering of common stock
The Notes were offered only to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended...