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William Lyon Homes shares surge in NYSE debut
Reuters(Reuters) - William Lyon Homes Inc's shares opened 5 percent above their IPO price in their market debut, valuing the homebuilder at more than $800 million. The Newport Beach, California-based company is the third U.S. homebuilder to go public this year,...Tags: William Lyon Homes Incorporated, Initial Public Offerings, Credit Ratings
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Tableau Software raises IPO price range
ReutersMay 15 (Reuters) - Data analysis software maker Tableau Software Inc said it now expects to raise up to $248.4 million from its initial public offer, up from $215.3 million that it expected earlier. The company, whose customers include Deere & Co,...Tags: Sears Holdings Corp., Morgan Stanley Dean Witter & Company, Initial Public Offerings, Compuware Corporation, Goldman Sachs Group, Inc.
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Hedge fund billionaire Loeb says Sony reminds him of Yahoo
ReutersTOKYO (Reuters) - Billionaire hedge fund manager Daniel Loeb says Sony Corp reminds him of Yahoo Inc before he waged a bitter proxy fight that triggered a boardroom shake-out at the Internet company last year. Loeb's Third Point hedge fund has built up a...Tags: Spin out, Music, Google Inc., Corporate Officers, Apple Inc.
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Carlyle-backed General Lighting plans Saudi share sale-sources
ReutersBy Dinesh Nair DUBAI, May 15 (Reuters) - General Lighting Co, a Saudi Arabian company part-owned by Carlyle Group, plans to sell its shares on the Saudi stock market, paving the way for the private equity firm to exit its stake, two sources said....Tags: Saudi Arabia, The Carlyle Group, Initial Public Offerings, Stock Market
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Detroit-based Compuware plans IPO for Covisint subsidiary, with aim of raising $100 million
DETROIT (AP) — Software development company Compuware Corp. says it's planning an initial public offering for its Covisint Corp. subsidiary. Detroit-based Compuware says in a registration statement with the Securities and Exchange Commission...Tags: Freedom of the Press, Initial Public Offerings, Compuware Corporation, U.S. Securities and Exchange Commission, Detroit Free Press
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Loeb's Third Point proposes IPO for Sony Entertainment
ReutersTOKYO, May 14 (Reuters) - New York-based hedge fund Third Point said it has proposed to Sony Corp's Chief Executive Kazuo Hirai that the Japanese electronics maker conduct an initial public offering for its entertainment division. Third Point, a $13...Tags: Sony Corp., Entertainment, Mutual Funds
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CORRECTED-Blackstone's Brixmor names former Kimco exec as new CFO
Reuters(Corrects former title of Michael Pappagallo to COO of Kimco in first paragraph) By Ilaina Jonas NEW YORK, May 13 (Reuters) - Brixmor Property Group, Blackstone Group LP's neighborhood shopping center business, on Monday said it named Michael...Tags: Realty, Property, Mergers, Acquisitions and Takeovers, Finance, Real Estate Sellers
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German bathroom fittings maker Grohe in IPO preparations-sources
ReutersFRANKFURT, May 13 (Reuters) - Investor TPG Capital and the private equity arm of Credit Suisse are speeding up preparations for a divestment of German bathroom fittings maker Grohe, two people familiar with the transaction said. The transaction is run...Tags: Deutsche Bank AG, Morgan Stanley Dean Witter & Company, Initial Public Offerings, Goldman Sachs Group, Inc.
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Luxury apparel company Vince selects banks for fall IPO: sources
ReutersBy Olivia Oran May 13 (Reuters) - High-end sportswear brand Vince is close to filing for an initial public offering, according to two sources close to the situation. Vince, owned by St. Louis-based fashion company Kellwood Co, which is controlled by...Tags: Macy's, Initial Public Offerings, Nordstrom, Inc., Economy, Business and Finance, Corporate Officers
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Apollo-backed aluminum products maker Constellium files for IPO
ReutersMay 13 (Reuters) - Apollo-backed Dutch aluminum products maker Constellium Holdco BV said it expects to raise as much as $422 million from its initial public offering. The company plans to price the offering of 22.2 million class A ordinary shares at...Tags: Apollo Group Inc., Alcoa Incorporated, NYSE Euronext, Inc., Deutsche Bank AG, Novelis Incorporated
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Schaumburg-based Global Brass & Copper plans 9M share IPO
Tribune reporterGlobal Brass & Copper Holdings Inc., a Schaumburg-based distributor and processor of copper and brass products, is planning an initial public offering of nearly 9.4 million of its shares for $15 to $17 a share. The company, whose chief investor is New...Tags: NYSE Euronext, Inc., Morgan Stanley Dean Witter & Company, U.S. Securities and Exchange Commission, Goldman Sachs Group, Inc., Stock Market
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Andreessen: Decline of IPOs could hit middle class
ReutersSAN FRANCISCO, May 13 (Reuters) - Netscape founder-turned-venture-capitalist Marc Andreessen said the declining number of initial public offerings is hurting performance of public markets and would affect the millions of Americans who hold retirement...Tags: CNBC (tv network), Initial Public Offerings, Business Enterprises, Jamie Dimon
May 16, 2013
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May 15, 2013
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