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US IPO Weekly Recap: US Foods delivers as five IPOs raise $1.5 billion

Five IPOs raised $1.5 billion as the year's biggest week concluded the year's biggest month of IPO activity further evidence that the IPO market's rebound is underway. Three were IPOs of LBO'd companies, bringing the 2016 total up to.....»»

Category: futuresSource: nasdaq39 min. ago

SpaceX just successfully launched and landed its 5th rocket this year

SpaceX just successfully launched its fifth rocket of the year on Friday at 5:40 p.m. EST. The Falcon 9 rocket launched out of Cape Canaveral, Florida, at twice the speed of a speeding bullet. It was carrying a rhinoceros-size communications satellite cal.....»»

Category: topSource: businessinsider39 min. ago

The horror story of the US housing market is far from over

Patrick SmithThe raw numbers show very good times for the U.S. housing market, one of the bulwarks of support for economic growth. Existing home sales rose for the second straight month in April and are tracking 6 percent above last year. New ho.....»»

Category: topSource: businessinsider39 min. ago

Code Rebel surrenders

Code Rebel Corp. filed for Chapter 7 federal bankruptcy in a Delaware court last week, a year after its initial public offering. The filing means the software company will liquidate its assets. Kahului-based Code Rebel entered the market on May 19, 2015,.....»»

Category: topSource: bizjournals39 min. ago

VIEWPOINT: Atlanta"s best architecture, Isamu Noguchi Playscapes (SLIDESHOW)

Editor's note: For the past year, Atlanta Business Chronicle has worked with AIA to showcase the city’s best architecture — the sometimes overlooked representations of its history and culture. The effort has included examples as varied as downtown’s.....»»

Category: topSource: bizjournals39 min. ago

Biggest Hedge Fund Set to Get $22 Million From Connecticut

The commitment is part of a state effort to keep companies from leaving after a tax increase last year......»»

Category: dealsSource: nyt39 min. ago

See You at the 2016 REALTOR® Broker Summit!

One of the most important real estate events of the year for brokers is approaching fast: the 2016 REALTOR® Broker Summit, June 9 – 10 in Denver, Colo. First established by the National Association of REALTORS® (NAR) in 2013, these events have off.....»»

Category: realestateSource: rismedia1 hr. 21 min. ago

Pending Home Sales Rocket to 10-Year High

Pending home sales rose for the third consecutive month in April and reached their highest level in over a decade, according to the National Association of REALTORS®. All major regions saw gains in contract activity last month except for the Midwest, whi.....»»

Category: realestateSource: rismedia1 hr. 21 min. ago

Alleged Gang Rape in Rio Triggers Fury

Brazilian social media exploded in outrage this past week after images were circulated online of the suspected gang rape of a 16-year-old girl by dozens of attackers in Rio de Janeiro......»»

Category: topSource: wsj2 hr. 22 min. ago

Drone sales in the U.S. more than doubled in the past year

Drone sales have grown 224% year-over-year. The 2015 holiday season was a big winner for drones, as unit sales increased 445% from the prior holiday season......»»

Category: topSource: marketwatch2 hr. 39 min. ago

Costco Wholesale Corporation (COST) 3Q Earnings: Analysts are Still Positive

Costco Wholesale Corporation (NASDAQ:COST) reported its long anticipated financial results for fiscal year 2016 earlier this week. Even though the wholesale club retailer managed to beat earnings expectations, it could not cruise past revenue estimates as.....»»

Category: topSource: bidnessetc3 hr. 4 min. ago

Nomura Boosts Ulta Salon Price Target To $244, Says 15% Comp Lies On Another Plane

Shares of Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA) soared 11 percent and touched a new 52-week high after reporting better-than-expected first-quarter results and raised its full-year outlook. Latest Ratings for ULTA DateFirmActionFromT.....»»

Category: blogSource: benzinga3 hr. 5 min. ago

Big Lots Stock (BIG) Closed 14% Due to Promising Earnings

Big Lots posted positive earnings and a revised guidance for both Q2 fiscal 2016 and the fiscal year 2016. Check out the exact numbers here. Shares of Big Lots (BIG) performed well during Friday trading hours due to a promising first quarter of.....»»

Category: topSource: zacks3 hr. 22 min. ago

Another Bubble Has Burst: The Miami Luxury Condo Market Is A "Ticking Timebomb"

Last year we warned that the luxury condo market in Miami was cooling down, and we also noted that one of the mail culprits was the fact that foreign buyers (especially Brazilians) were seeing their buying power crushed by the appreciating dollar. Today, .....»»

Category: blogSource: zerohedge3 hr. 22 min. ago

SpaceX just successfully launched and landed its fifth rocket this year

SpaceX just successfully launched and landed its fifth rocket this year.....»»

Category: topSource: businessinsider3 hr. 39 min. ago

Apple, Inc."s Echo Rival: Coming This Year?

Amazon 's AI-powered hands-free speaker and voice assistant, Echo, is off to a great start......»»

Category: topSource: foxnews3 hr. 39 min. ago

Why Money Source is more than doubling its Phoenix-area presence in under a year

Mike Mirshahzadeh is so excited about the Valley as a place for his business to succeed, he sounds like the marketing arm of the Arizona Commerce Authority. The chief revenue officer of Money Source liked the Valley so much, he moved here from San Franci.....»»

Category: topSource: bizjournals3 hr. 39 min. ago

Tempe Chamber names its Business Woman of the Year

The Tempe Chamber of Commerce recently named Denise Hart as the 2016 Business Woman of the Year. Hart, the vice president of marketing for Vestar, was honored at the 21st annual Women in Business conference on May 25 for her involvement in the local busi.....»»

Category: topSource: bizjournals4 hr. 5 min. ago

Costco Wholesale Corporation (COST) 3Q Earnings: Analysts are Still Positive

Costco Wholesale Corporation (NASDAQ:COST) reported its long anticipated financial results for fiscal year 2016 earlier this week. Even though the wholesale club retailer managed to beat earnings expectations, it could not cruise past revenue estimates as.....»»

Category: topSource: bidnessetc4 hr. 21 min. ago

Five REITs That Hedge Funds Love

Given the low interest rate environment where the 10 year yield is under 1.9%, it isn’t surprising that REITs are a popular investment choice for many investors. Not only do many REITs pay attractive dividends, but also they offer opportunities for .....»»

Category: topSource: insidermonkey4 hr. 21 min. ago