Initial Public Offerings

CHICAGO (Reuters) - Investors chasing yield in this low-rate environment are jumping into alternative vehicles. That's helping closed-end income funds stage a comeback. Such funds, which offer a fixed number of shares and are closed to new capital once...

JAKARTA, April 26 (Reuters) - Indonesian automotive distributor PT Mitra Pinasthika Mustika, plans to raise up to 2 trillion rupiah ($206 million) in an initial public offering next month, underwriters said on Friday. Mitra Pinasthika, controlled by...

"Our main focus is trying to figure out how this model evolves and not consistently falling on our face in the public," Groupon Executive Chairman Eric Lefkofsky reportedly told a Northbrook Chamber of Commerce audience early last April after yet...

The Securities and Exchange Commission has approved Nasdaq OMX Group Inc.'s proposal to pay brokerages as much as $62 million as compensation for last year's botched Facebook Inc. initial public offering. Nasdaq's trading system was overwhelmed by...

From the conference room window of their year-old digs at 702 Hamilton St., Lehigh Gas Corp. employees can watch the progress of construction at Allentown's new PPL Center hockey arena complex. "We basically have a front row seat to the largest...

In 1972, Jim Reynolds was less than two months shy of graduating from Chicago Vocational High School, with plans of becoming a television repairman. Raised in Englewood on the city's South Side, he had been studying the trade for two years when his...

Shamu plans to soak Wall Street with a greater splash than previously thought. SeaWorld Entertainment Inc. — the company known for its performing killer whale — could raise $540 million in an initial public offering on the New York Stock...

Just like its popular Duncan Hines cake mixes, packaged foods company Pinnacle Foods Inc. was on the rise Thursday morning after raising $580 million in an initial public offering. The company -- which owns an array of popular brands including Birds...

SAN FRANCISCO -- This much is very clear: There's a lot of interest in Pinterest, one of the high-fliers of this Internet boom. The popular social networking site is in talks to raise more money at a blockbuster $2-billion to $2.5-billion valuation....

WASHINGTON -- Only about three out of ten investment bankers think new federal rules intended to encourage startups have led to more initial public offerings, according to poll results released Tuesday. The findings from BDO, an accounting and...

Massachusetts Secretary of the Commonwealth William Galvin this week accused Morgan Stanley of breaking the law as lead underwriter in Facebook Inc.’s initial public offering, triggering a $5 million fine. What had Morgan Stanley done wrong? The...

Few leaders of publicly traded companies in Chicago have been more ensconced in the role of chief executive than William Brodsky. After 16 years at the helm of the Chicago Board Options Exchange and nearly 40 years in the exchange industry here and in...