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The Wall Street Journal: Online marketplace StockX valued at $3.8 billion, lets some employees sell shares

The 35% jump in valuation comes ahead of the company’s expected public listing that is likely to happen as soon as the second half of this year, according to people familiar with the company’s plans......»»

Category: topSource: marketwatchApr 7th, 2021

Expedia nearing deal to sell stake to Silver Lake and Apollo: WSJ

Online travel services company Expedia Group Inc is in advanced talks to sell a stake to private-equity firms Silver Lake Partners and Apollo Global Management Inc for about $1 billion, the Wall Street Journal reported on Tuesday......»»

Category: topSource: reutersApr 21st, 2020

Ebay shares rise after report of possible sale of classified ad business, which could be valued at $10 billion

Ebay Inc. stock rose 2.6% in Friday trading after a report from The Wall Street Journal said there's potential for a sale of the e-commerce company's classified ad business. The business could be worth about $10 billion......»»

Category: topSource: marketwatchFeb 21st, 2020

Morgan Stanley to buy E-Trade in deal valued at $13 billion: WSJ

Morgan Stanley is buying E-Trade Financial Corp. in a deal valued at $13 billion, the Wall Street Journal reported Thursday. The all-stock deal was set to be announced later Thursday, it was reported. E-Trade shares were halted in the premarket.....»»

Category: topSource: marketwatchFeb 20th, 2020

The Wall Street Journal: CEO of luggage startup Away steps down after article was critical of work environment

Away, an online seller of luggage that investors valued at $1.4 billion earlier this year, said Chief Executive Steph Korey is stepping down from that role......»»

Category: topSource: marketwatchDec 9th, 2019

The Wall Street Journal: Schwab to let investors buy and sell fractions of shares

Charles Schwab Corp. will let investors buy and sell fractions of shares in coming months as part of an effort to attract younger clients to its online brokerage platform......»»

Category: topSource: marketwatchOct 18th, 2019

The Wall Street Journal: Verizon offloads Tumblr to owner of WordPress

Verizon Communications Inc. has agreed to sell its blogging website Tumblr to the owner of popular online-publishing tool WordPress, unloading for a nominal amount a site that once fetched a purchase price of more than $1 billion......»»

Category: topSource: marketwatchAug 12th, 2019

GE to Sell Roughly $4 Billion Stake in Baker Hughes - Wall Street Journal

Wall Street JournalGE to Sell Roughly $4 Billion Stake in Baker HughesWall Street JournalGE will sell up to 101 million shares in.....»»

Category: topSource: googlenewsNov 13th, 2018

ThredUp hits Wall Street with $1.3 billion valuation

The Oakland company's IPO makes it the third Bay Area company to go public in the online consignment marketplace......»»

Category: topSource: bizjournalsMar 26th, 2021

Extended Stay"s stock soars after WSJ report of $6 billion buyout deal with Blackstone, Starwood

Shares of Extended Stay America Inc. soared 15.9% toward a 2-year in premarket trading Monday, after The Wall Street Journal reported that the hotel operator has agreed to be acquired by Blackstone Group and Starwoo.....»»

Category: topSource: marketwatchMar 15th, 2021

The Wall Street Journal: Reddit valued at $6 billion after new funding round

Reddit Inc. doubled its valuation to $6 billion in a new round of funding that comes as the social-media company has added users through the COVID-19 pandemic and more recently has gained attention for its role in the recent Wall Street trading frenzy......»»

Category: topSource: marketwatchFeb 8th, 2021

The Wall Street Journal: TikTok rival Kuaishou soars in Hong Kong IPO

Shares in Kuaishou Technology nearly tripled from their IPO price in early trading Friday, implying a market value of more than $160 billion, versus nearly $61 billion when the share sale was priced......»»

Category: topSource: marketwatchFeb 5th, 2021

The Wall Street Journal: Expedia near deal to sell stake to private-equity firms

Expedia Group Inc. is in advanced talks to sell a stake to private-equity firms Silver Lake and Apollo Global Management Inc. after the widespread travel bans caused by the coronavirus pandemic ravaged the online-booking company’s business......»»

Category: topSource: marketwatchApr 21st, 2020

The Wall Street Journal: SoftBank to buy back $4.8 billion in shares after pressure by Elliott

SoftBank Group Corp. said it would spend as much as Â¥500 billion ($4.8 billion) to buy back up to 7% of its own shares, following plunging stock prices and a pressure campaign from one of the world’s most aggressive activists......»»

Category: topSource: marketwatchMar 12th, 2020

Etsy shares soar 13% on jump in revenue, earnings

Etsy Inc. shares were up 13% in after-hours trading Wednesday after the online marketplace reported fourth-quarter earnings that beat Wall Street estimates. Etsy reported net income of $31.3 million, or 25 cents a share, in the quarter, compared w.....»»

Category: topSource: marketwatchFeb 26th, 2020

The Wall Street Journal: L Brands set to sell Victoria’s Secret, which would go private

L Brands Inc. is near a deal to sell control of Victoria’s Secret to a private-equity firm in a transaction that values the lingerie brand at about $1.1 billion, according to people familiar with the matter......»»

Category: topSource: marketwatchFeb 19th, 2020

The Wall Street Journal: Saudi Aramco adds $3.8 billion to its record IPO

Saudi Aramco said it netted an additional $3.8 billion from its record initial public offering as it sold more shares to meet investor demand, boosting Crown Prince Mohmmed bin Salman’s war chest to reshape the country’s oil-dependent economy......»»

Category: topSource: marketwatchJan 12th, 2020

The Wall Street Journal: Alibaba closes $13 billion Hong Kong share sale early

Alibaba Group Holding Ltd. stopped collecting orders early for its roughly $13 billion Hong Kong stock sale due to strong investor demand for its shares, according to people familiar with the matter......»»

Category: topSource: marketwatchNov 19th, 2019

Icahn reveals stake in HP, says merger with Xerox is "no brainer"

Activist investor Carl Icahn has taken a 4.24 percent stake in Palo Alto-based PC and printer maker HP Inc. and is pushing for its $33 billion merger with Xerox Corp., the Wall Street Journal reports. Icahn's HP stake, valued at roughly $1.2 billion,.....»»

Category: topSource: bizjournalsNov 14th, 2019

Flood of trades sends Uber to record low as insiders allowed to sell

Uber Technologies Inc's stock dropped 3% to a record low in its busiest trading session since the ride-hailing company's Wall Street debut as employees and early investors on Wednesday became free to sell their shares......»»

Category: topSource: reutersNov 6th, 2019

McKesson, Cardinal Health, AmerisourceBergen stocks surge after WSJ report of $18 billion settlement talks

Shares of McKesson Corp. rallied 5.7% in midday trading Wednesday, enough to pace all of its larger-capitalization health care peers, after The Wall Street Journal reported that the drug distributor, and two others, were in talks.....»»

Category: topSource: marketwatchOct 16th, 2019