Sectors
U.S. sees reform push in China moves on brokerage JVs
China will raise foreign ownership limits in domestic joint venture securities firms and allow them to trade commodities and financial futures in a move to further liberalize the country's capital markets, a senior U.S. official said.
Tilly's $124 million IPO exceeds expectations
Fashion retailer Tilly's Inc raised $124 million during its initial public offering on Thursday, pricing it above its expected range, according to an underwriter.
Microchip Technology and SMSC Announce the Acquisition of SMSC by Microchip Technology
Acquisition Will Expand Microchip’s Smart Connectivity Solutions for Embedded Markets Microchip Technology Incorporated (NASDAQ: MCHP), a leading provider of microcontroller, analog and Flash-IP solutions, and Standard Microsystems Corporation (NASDAQ: SMSC) today announced that Microchip has signed a definitive agreement to acquire Standard Microsystems Corporation (“SMSC”) for $37.
Lenders Predict Private Equity Regulation in Phoenix Survey
Results of the first quarter Phoenix Management “Lending Climate in America” Survey signal that lenders’ expect private equity regulation will occur despite the outcome of the presidential race.