Warner Music raised nearly $2 billion in the biggest U.S. initial public offering so far in 2020, with the world’s third-largest recording label selling more shares than originally planned. Subscribe: http://smarturl.it/reuterssubscribe Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get … Read more Warner Music hits IPO high note
May.26 — Nelson Griggs, president of the Nasdaq Stock Exchange, discusses the outlook for initial public offerings and U.S. legislation that would impose restrictions on Chinese companies listed on U.S. stock exchanges. He speaks with Bloomberg’s Tom Keene and Jonathan Ferro on “Bloomberg Surveillance.”
There’s trouble brewing at Luckin Coffee. Luckin’s stock plunged over 80 percent on Thursday after it disclosed that its chief operating officer inflated 2019 sales by about 310 million U.S. dollars. The U.S.-listed coffee chain suspended its COO and several other employees, adding that an internal investigation was at a preliminary stage. It said that … Read more Coffee company fabricated data
Mar.03 — Airbnb is one of the most anticipated public listings of 2020, and is in danger of being derailed by the spread of the coronavirus. Bloomberg’s Sonali Basak, Damian Sassower, Allison McNeely and Lisa Abramowicz discuss how the recent headlines are affecting the private markets on “Bloomberg Money Undercover”.
Feb.27 — Yasir Al Rumayyan, chairman of Saudi Aramco and governor of the kingdom’s sovereign wealth fund, discusses plans for further share sales in the state-owned oil producer as the country looks to raise money to fuel an economic diversification plan. He spoke to David Rubenstein, co-chairman and co-founder of Carlyle Group, in an exclusive interview … Read more Saudi Aramco Mulls More Stock Offerings Despite Record IPO