Page 31 - New Issues News Today

By Reuters Staff 1 Min Read FILE PHOTO: EU Commissioner for Budget Johannes Hahn speaks during the debate on the application of Regulation (EC) 2020/2092 and the Rule of Law conditionality mechanism during a plenary session of the European Parliament in Brussels, Belgium March 11, 2021. Aris Oikonomou/Pool via REUTERS (Reuters) - The European Union adopted a funding strategy for its 800 billion euro coronavirus recovery funding plan on Wednesday, the EU commissioner for budget and administratio...

By Reuters Staff (Adds detail of roadshow and pricing, background) MOSCOW, April 12 (Reuters) - Forestry group Segezha announced plans on Monday for an initial public offering (IPO) on the Moscow exchange, the latest Russian company aiming for a listing. Segezha, controlled by conglomerate Sistema, said the IPO would involve a primary offering of newly issued shares to raise at least 30 billion roubles ($387 million), plus an over-allotment option of secondary shares. A roadshow is scheduled to...

Goldman Sachs Group Inc surged past Wall Street expectations for first-quarter profit on Wednesday, as the U.S. investment banking giant capitalized on record levels of global dealmaking and a coronavirus-driven boom in equity trading.

3 Min Read BRUSSELS (Reuters) - The European Commission plans to borrow around 150 billion euros annually until 2026 to finance the bloc’s unprecedented plan to make its economy greener and more digitalised, making it the biggest debt issuer in euros, the Commission said on Wednesday. Slideshow ( 2 images ) The amount of the EU economic plan was agreed at 750 billion euros in 2018 prices, but now totals around 807 billion euros in current prices. The money is split into 338 billion euros in g...

4 Min Read (Reuters) - Goldman Sachs Group Inc surged past Wall Street expectations for first-quarter profit on Wednesday, as the U.S. investment banking giant capitalized on record levels of global dealmaking and a coronavirus-driven boom in equity trading. An unprecedented boom in private firms merging with listed shell companies to go public helped Goldman earn handsome fees from such deals, resulting in a 73% jump in revenue from investment banking to $3.77 billion. Revenue from equities tr...

By Reuters Staff 2 Min Read (Reuters) - Shares of Alkami Technology Inc surged 38% in their U.S. stock market debut on Wednesday, giving the U.S. banking software provider a market capitalization of $3.43 billion. Shares opened at $41.26, well above their initial public offering price (IPO) of $30. The company raised $180 million in the IPO. Alkami, which has more than 160 financial institutions using its cloud-based digital banking services, sold six million shares in the IPO. The company, whi...

By Reuters Staff 1 Min Read DUBAI, April 14 (Reuters) - Logistics firm Tristar on Wednesday said it had withdrawn plans for an initial public offering in Dubai, stating that the board and shareholders see better returns through the current growth plan under the existing shareholder structure. Reuters earlier reported the listing had been withdrawn, with sources saying there had been insufficient investor demand. (Reporting by Hadeel Al Sayegh. Writing by Alexander Cornwell. Editing by Mark Pott...

4 Min Read (Reuters) - Goldman Sachs Group Inc surged past Wall Street expectations for first-quarter profit on Wednesday, as the U.S. investment banking giant capitalized on record levels of global dealmaking and a coronavirus-driven boom in equity trading. FILE PHOTO: The Goldman Sachs company logo is seen in the companys space on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., April 17, 2018. REUTERS/Brendan McDermid/File Photo An unprecedented boom in private firms mergi...

2 Min Read FILE PHOTO: An Airbus A321 aircraft of Bamboo Airways taxis at Noi Bai airport in Hanoi, Vietnam January 16, 2019. REUTERS/Kham/File Photo HANOI (Reuters) - Vietnam’s Bamboo Airways plans to raise up to $200 million in an initial public offering in the United States, potentially securing a market capitalisation of up to $4 billion, its chairman Trinh Van Quyet said on Wednesday. Bamboo Airways, owned by property and leisure company FLC Group, plans to offer a 5%-7% stake in the IPO...

2 Min Read DUBAI (Reuters) -Logistics firm Tristar has dropped plans for an initial public offering (IPO) in Dubai, with sources saying the deal did not attract enough investor demand. The move, which confirms what the sources had earlier told Reuters, is a setback for Dubai’s bourse, the Dubai Financial Market, which has not seen a big ticket listing since 2017. The company said “its board and existing shareholders have decided to withdraw its planned initial public offering on the Dubai F...