Sizzling US stock markets await next leg of record IPO run in 2021
The rush looks set to continue, with an array of companies already preparing for market debuts in the new year
(Bloomberg)
. Updated: 31 Dec 2020, 06:21 PM IST Bloomberg
Around $180 billion was raised from IPOs on US exchanges in 2020, more than double last year’s total
Instead of jetting between cities to meet investors, executives and their advisers have been able pitch to potential shareholders via conference calls
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A booming market for US initial public offerings shows no sign of slowing in 2021.
Around $180 billion was raised from IPOs on US exchanges in 2020, more than double last year’s total and far above the previous high of $102 billion set in 2000, according to data compiled by Bloomberg. Companies have been emboldened by soaring equity values, especially in the second half, while a proliferation of listings by blank-check firms has also boosted volumes.
Throughout the year, SEG has supported communities, neighbors and front-line workers in need.
Despite an especially challenging year, Southeastern Grocers Inc. (SEG), together with the SEG Gives Foundation, has given more than $8.25 million back to local communities throughout 2020 to support its neighbors in need.
The parent company of Fresco y Más, Harveys Supermarket, and Winn-Dixie grocery stores has partnered with more than 4,700 local organizations in the Southeast, hosting more than 30 mobile food pantries and providing more than 10 million meals to help fight hunger.
“As we all reflect on this year, many may be reminded of the challenges and obstacles faced throughout the world, but we believe it is important to remember that this year has given us so many new reasons to celebrate our neighbors and those who share our communities,” said Anthony Hucker, president and CEO of SEG.
Southeastern Grocers gives back millions to local communities wxxv25.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wxxv25.com Daily Mail and Mail on Sunday newspapers.
Walmart unveils new product return service
Walmart Inc said on Monday it had launched a service through which customers can schedule a return for a product bought online, in-store or from a third-party vendor. The service, called Carrier Pickup by FedEx, can be initiated either on the Walmart app or website, the U.S. retailer said. Customers can choose to return a product by selecting the pickup option from home or they can drop it off at a FedEx Corp office.
Amazon shuts New Jersey facility till Dec. 26 on virus spike among workers
Amazon.com Inc said on Sunday it had closed one of its warehouses in New Jersey out of caution till Dec. 26, after seeing an increase in asymptomatic positive cases amongst workers. “Through our in-house COVID-19 testing program, we detected an increase in the number of asymptomatic positive cases at our PNE5 facility in northern New Jersey and have proactively closed the site until December 26th out of an abundance of caution,” an Amazon spokes
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store owners, with the support of C&S Wholesale Grocers, Inc. announced today that they have entered into a definitive agreement with Southeastern Grocers, Inc. (SEG) to acquire one BI-LO store in South Carolina and one BI-LO store in Georgia. This agreement is part of a series of transactions for SEG as part of their strategic decision to divest of the BI-LO banner, which was announced on June 4. Piggly Wiggly stores in South Carolina and Southeast Georgia, which are independently owned and operated, are supported and supplied by C&S Wholesale Grocers. Our Independent Owners are excited to grow their existing store footprint and expand the Piggly Wiggly brand in the Southeast, said John Owens, Vice President and Southeast General Manager for C&S Wholesale Grocers. We look forward to serving our new customers with the high quality products and exceptional service that Piggly Wiggly stores are known for.