Tags: Share price
Bharat Forge may derate further on lower US orders
Bharat Forge's stock is likely to derate further in the wake of continuous fall in US truck orders. The US class 8 truck order inflows declined 36 percent in March 2016, putting more pressure on earnings.
Private equity-backed RSP Permian Inc raise $390M in IPO
RSP Permian Inc, a private equity-backed shale oil and gas exploration firm, was able to raise $390 million in its initial public offering after selling shares near the low end of its price range, Bloomberg reported.
Twitter ups share price range to between USD23 and USD25 per share
Twitter reprices its IPO shares to USD23 and USD25 per share, pegging the volume price at USD1.75 billion.
Royal Mail sees its stock climb 38% post-IPO
Shares of Royal Mail Group Ltd experienced a 38% increase after its debut on the London Stock Exchange.
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Fresh from Activision's success of its popular Skylanders franchise comes Disney Infinity, a move from Walt Diney Inc to expand into the toy-meets-video game-world market.
Billionaire Carl Icahn's tweet influenced Apple share prices, making the leading tech company's stock valuation rise by as much as USD17 billion.
Zynga's stock valuation lost US$400 million. After reporting negative earnings, investors quickly unloaded Zynga's shares and let it drop 15% in regular trading.
Avista offers cash bid for Telular shares at US$12.61 per share. In an announcement on Monday, Avista Capital Partners disclosed that the ACP Tower Meger Sub, Inc has pushed through with its earlier announcement regarding its cash bid for all the existing shares of common stock of Telular Corporation.
Unilever offer is not enough according to Aberdeen Asset Management. According to Aberdeen Asset Management Plc, the offer made by Unilever Plc to pay 600 rupees per share of Hindustan Unilever Ltd is not high enough to move many of existing stockholders to sell their shares.
The private equity firm adds an 11% premium to the offer for EnergySolutions shares. Three months after its initial bid, Energy Capital Partners has increased its offer for nuclear waste management firm EnergySolutions from US$3.
CEDC on the brink of bankruptcy amidst debt payment concerns. The Central European Distribution Corp, the Polish vodka maker, has seen its share price value fall by as much as 58% in the NYSE because of concerns as to its ability to repay debts that would fall due next month.
KKR values Gardner Denver at US$3.7 billion. KKR and Co LP, the private equity firm has submitted a bid offer of US$75 per share for industrial machine maker Gardner Denver Inc.
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