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Tilray IPO is ‘validation’ for pot companies, CEO says

Tiilray Inc. landed a valuation topping $1 billion and became the first cannabis company to go public on the Nasdaq exchange Thursday, then received even more validation when shares popped more than 30% in initial trades......»»

Category: topSource: marketwatchJul 19th, 2018

Wall Street snaps four-day rally; latest trade threat weighs

U.S. stocks fell on Wednesday, breaking a four-session streak of gains after Washington's threat to impose tariffs on an additional $200 billion worth of Chinese goods fanned trade war fears, while a sharp drop in oil prices hit energy shares......»»

Category: topSource: reutersJul 11th, 2018

Wall Street snaps gain streak as trade threat weighs

U.S. stocks fell on Wednesday, breaking a four-session streak of gains after Washington's threat to impose tariffs on an additional $200 billion worth of Chinese goods fanned trade war fears, while a sharp drop in oil prices hit energy shares......»»

Category: topSource: reutersJul 11th, 2018

The Wall Street Journal: E-cigarette startup Juul raises $650 million in funding, at $15 billion valuation

E-cigarette maker Juul Labs Inc. has raised $650 million as part of a fundraising round that values the fast-growing but controversial startup at about $15 billion, according to people familiar with the matter......»»

Category: topSource: marketwatchJul 10th, 2018

Xiaomi"s weak debut signals trouble for upcoming Hong Kong tech listings

Xiaomi Corp made a weak debut in Hong Kong on Monday, with the Chinese smartphone maker's shares sliding as much as 6 percent on valuation concerns, in an ominous sign for its technology sector peers lining up listings in the city......»»

Category: topSource: reutersJul 9th, 2018

Xiaomi"s weak debut portends trouble for imminent Hong Kong tech listings

Xiaomi Corp's shares fell as much as 6 percent in their Hong Kong debut on concerns over the Chinese smartphone maker's valuation, in an ominous sign for its technology sector peers who have lined up listings in the city......»»

Category: topSource: reutersJul 9th, 2018

Chinese Smartphone Maker Xiaomi Falls in Hong Kong Trading Debut

Shares in Chinese smartphone maker Xiaomi, which raised $4.7 billion in one of Hong Kong’s largest tech initial public offerings in recent years, fell on their debut as the broader market rose......»»

Category: asiaSource: wsjJul 9th, 2018

Smartphone maker Xiaomi"s weak Hong Kong debut casts shadow on tech listings

Chinese smartphone maker Xiaomi Corp's shares fell as much as 6 percent on debut in Hong Kong due to valuation concerns, delivering a blow to investor sentiment in the tech sector where peers have lined up listings in the city......»»

Category: topSource: reutersJul 9th, 2018

Trump is angry at OPEC over oil prices. Experts say Trump shares the blame.

Trump’s scrapping of the Iran nuclear deal has already roiled markets......»»

Category: topSource: washpostJul 6th, 2018

Dell moves to go public, spurns IPO

(Reuters) - Dell Technologies Inc said on Monday it would pay $21.7 billion in to buy back shares tied to its interest in software company VMware Inc , paving the computer maker's way back to the public market without an initial public offering......»»

Category: topSource: reutersJul 2nd, 2018

Micro Focus to sell SUSE for $2.5 billion; shares rise

Shares of Micro Focus International PLC rose after the U.K. software maker said Monday it has agreed to sell its SUSE business segment to a fund led by Swedish private equity company EQT f.....»»

Category: topSource: marketwatchJul 2nd, 2018

Xiaomi Prices Hong Kong IPO at Bottom of Target Range

Chinese smartphone maker Xiaomi priced a $4.7 billion initial public offering at the bottom of its target range, pulling off one of 2018’s largest IPOs despite investor skepticism about its growth prospects......»»

Category: smallbizSource: wsjJun 29th, 2018

Xiaomi"s shrinking IPO

The public offering values the Chinese smartphone maker at $54 billion, just $9 billion more than its most recent valuation in 2014......»»

Category: topSource: cnnJun 29th, 2018

BJ"s shares skyrocket at IPO

Shares of BJ's Wholesale Club Holdings jumped 26.5 percent on their market debut, giving the company a valuation of $2.72 billion. Fred Katayama reports......»»

Category: videoSource: reutersJun 28th, 2018

Cold comfort: ConAgra buys Birds Eye maker for $10.9 billion

The maker of Hungry-Man is getting hitched to the owner of Marie Callender's in a deal worth nearly $11 billion......»»

Category: topSource: moneyJun 27th, 2018

Investors said Domo was worth $2.28 billion — but when it has its IPO, it could be worth just $511 million

Domo, last valued at $2.28 billion, could go public at a valuation of $511 million — bad news for investors. Domo updated its S-1 filing to say that it had undergone a reverse stock split: Every 15 shares of the company is now combined into.....»»

Category: topSource: businessinsiderJun 18th, 2018

American Axle"s stock rises after sales target raised

Shares of American Axle & Manufacturing Holdings Inc. rose 1.3% in premarket trade Thursday, after the automotive parts maker that it now targets 2018 sales of $7.1 billion to $7.2 billion, up from previous guidance of $7.0 billion. The.....»»

Category: topSource: marketwatchJun 14th, 2018

ZTE Shares Are Trading Again After Its Sanctions Deal With Trump. The Bad News? They’re Tanking

China’s second-largest telecoms equipment maker fell 42% as it resumed trading in Hong Kong. ZTE Corp.'s shares cratered after it agreed to pay at least $1 billion in penalties and overhaul its management as part .....»»

Category: europeSource: fortuneJun 13th, 2018

PTC shares hit record high after $1B investment from Rockwell

PTC Inc., a Needham-based industrial software maker, said Monday it will receive a $1 billion investment from Rockwell Automation as part of a strategic partnership. Shares of PTC (Nasdaq: PTC) rose more than 5 percent on the news, giving it an all-ti.....»»

Category: topSource: bizjournalsJun 11th, 2018

Smucker Forced to Raise Some Retail Prices

Shares in J.M. Smucker Co. fell sharply after the maker of Folgers coffee and Jif peanut butter said higher costs hurt profitability......»»

Category: smallbizSource: wsjJun 7th, 2018