Initial public offerings

1010 WINS Newsroom
August 25, 2020 - 7:15 am
HONG KONG (AP) — Ant Group, the financial technology arm of Chinese e-commerce giant Alibaba Group, on Tuesday filed for a dual listing in Hong Kong and Shanghai, in what may be the largest share offering since the coronavirus pandemic began. The initial public offering will be the first dual...
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FILE - This Feb. 22, 2018, file photo, shows an Airbnb logo during an event in San Francisco. On Wednesday, Aug. 12, 2020, Airbnb announced that for the first time, it is taking legal action against a guest for violating its ban on unauthorized parties. (AP Photo/Eric Risberg, File)
1010 WINS Newsroom
August 12, 2020 - 6:28 pm
For the first time, Airbnb is taking legal action against a guest for violating its ban on unauthorized parties. The San Francisco-based home sharing company said Wednesday it is initiating legal proceedings against a guest who held an unauthorized party at a home in Sacramento County, California,...
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FILE - In this July 21, 2016, file photo, entrepreneur Peter Thiel speaks during the final day of the Republican National Convention in Cleveland. The Silicon Valley data-mining firm Palantir Technologies says it has confidentially filed to go public, setting up what could be the biggest public stock offering of a technology company since Uber’s debut in 2019. (AP Photo/J. Scott Applewhite, File)
1010 WINS Newsroom
July 07, 2020 - 12:38 pm
The Silicon Valley data-mining firm Palantir Technologies confidentially filed to go public, setting up what could be the biggest stock offering from a technology company since Uber’s debut last year. Founded in 2004 by investors including Peter Thiel, the company works with governments, law...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, June 3, 2020. Asian shares are rising after Wall Street extended its gains for the third straight day, driven by optimism over economies reopening from shutdowns to stem the coronavirus pandemic. (AP Photo/Ahn Young-joon)
1010 WINS Newsroom
June 02, 2020 - 11:39 pm
TOKYO (AP) — Asian shares rose Wednesday after Wall Street extended its gains for the third straight day, driven by optimism over economies reopening from shutdowns to stem the coronavirus pandemic. Japan's benchmark Nikkei 225 gained 1.1% to 22,581.19 in morning trading. Australia's S&P/ASX...
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The DoorDash app is shown on a smartphone on Thursday, Feb. 27, 2020 in New York. The food delivery giant has taken a first formal step toward a stock market debut. The company announced Thursday that is has confidentially filed a draft S-1 form with the Securities Exchange Commission related to a public stock offering. (AP Photo)
1010 WINS Newsroom
February 27, 2020 - 12:28 pm
NEW YORK (AP) — Food delivery giant DoorDash has taken a first formal step toward a stock market debut. The San Francisco-based company announced Thursday that is has confidentially filed a draft S-1 form with the Securities Exchange Commission outlining its proposed public stock offering. There...
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Philip Krim, CEO and co-founder of sleep product company Casper, poses for a photo outside of the New York Stock Exchange, before their IPO, Thursday, Feb. 6, 2020. (AP Photo/Richard Drew)
1010 WINS Newsroom
February 06, 2020 - 6:13 pm
NEW YORK (AP) — Shares of online mattress pioneer Casper Sleep Inc. popped Thursday in their debut on the New York Stock Exchange. But the New York-based company still faces challenges to prove to investors it can profitably sell mattresses. Its shares closed at $13.50, up nearly 13% above the $12...
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FILE- In this Dec. 11, 2019, file photo, the Saudi stock market officials watch the stock market screen displaying Saudi Arabia's state-owned oil company Aramco after the debut of Aramco's initial public offering (IPO) on the Riyadh's stock market in Riyadh, Saudi Arabia. Saudi Arabian oil company Aramco's initial public offering raised $29.4 billion, more than previously announced after the company said Sunday it used a so-called "greenshoe option" to sell an additional 450 million shares to satiate investor demand. (AP Photo/Amr Nabil)
1010 WINS Newsroom
January 12, 2020 - 5:21 am
DUBAI, United Arab Emirates (AP) — Saudi Arabian oil giant Aramco announced Sunday that its initial public offering raised a record $29.4 billion, a figure higher than previously announced, after the company used a so-called “greenshoe option” to sell millions more shares to meet investor demand...
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FILE - In this Nov. 14, 2019, file photo a pair of specialists work on the floor of the New York Stock Exchange. Investments around the world were all winners in 2019 as central banks unleashed more stimulus to bolster the global economy against the damage created by President Donald Trump’s trade war. (AP Photo/Richard Drew, File)
1010 WINS Newsroom
December 26, 2019 - 4:57 pm
NEW YORK (AP) — On January 3, the S&P 500 sank 2.5% when Apple warned of sagging demand for the iPhone, an inauspicious start to 2019 following a 14% drubbing in last year's fourth quarter. On January 4, Federal Reserve Chairman Jay Powell said the central bank would be "patient" with its...
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FILE - In this Feb. 26, 2017, file photo, Uber CEO Travis Kalanick arrives at the Vanity Fair Oscar Party in Beverly Hills, Calif. Former Uber CEO Kalanick will resign from the company's board next week, effectively severing ties with the company he co-founded a decade ago. (Photo by Evan Agostini/Invision/AP, File)
1010 WINS Newsroom
December 24, 2019 - 2:45 pm
NEW YORK (AP) — Travis Kalanick, who built Uber into a ride-hailing giant, only to be ousted as CEO over the company's sexist “bro” culture, is cashing out. Kalanick disclosed Tuesday that he has sold off all his Uber stock — estimated at more than $2.5 billion — and is resigning from the board of...
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This undated image provided by Disney Plus shows a scene from "The Mandalorian," which offered as part of the video streaming channel. (Disney Plus via AP)
1010 WINS Newsroom
December 18, 2019 - 11:49 am
NEW YORK (AP) — 2019 wound up being another big year for news from the business world. There was a leadership transition at Google's parent company, a huge IPO by Saudi Aramco, and more scrutiny for Facebook as the social media company alarmed users and regulators with plans to create a digital...
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