The current year has brought quite a few large primary placements, but the next one promises to be fruitful in this regard. Now investors are most interested in what companies have the best chances to become the favorites of the market. Among the most anticipated are IPOs of Uber Technologies Inc. and Lyft Inc. The rival companies engaged in similar activities will compete to receive money from...

Anglo-Australian mining giant BHP Billiton Ltd announced completion of a $ 5.2 billion OTC repurchase of shares. On November 1, 2018, the company announced plans to return $ 10.4 billion to its shareholders via buy back and pay special dividends. As a result, the mining giant bought out about $ 265.8 million shares (8.3% of the share capital of BHP Group Limited) for $ 5.2 billion. The buyback...

French luxury goods manufacturer LVMH Moet Hennessy Louis Vuitton SE reached an agreement to acquire the operator of hotels Belmond Ltd for $ 2.6 billion ($ 3.2 billion including debt). According to a press release from LVMH, the company offered $ 25 per share to Belmont, which is 42% higher on Thursday close. It is expected that the transaction will be closed in the first half of 2019....

Despite vivid media headlines about strengthening the US economy, increasing demand for labor, tax cuts and growing incomes of American corporations, 2018 as a whole was a failure for the stock market. Many investors do not expect to see favorable changes in the near future. 2018 is nearing its end, so it's time to find out which companies showed the best results and which remained among the...

Tone of economic news makes it possible to predict state of stock markets more accurately than traditional volatility indices, found the International Monetary Fund study. At the same time, global news has a more significant and lasting effect on quotes than local ones. Researchers, who analyzed 4.5 million messages over 15 years, calculated that the impact of international news was four times...

The Chinese company has priced its own shares at the bottom of the pre-range. Tencent Music, the largest music streaming service in China, conducted pricing of its papers for an IPO, evaluating them at the lower end of the preliminary range. As a result, the price was $ 13 per one. The initial placement of the company will be held on the NYSE from December 12 to December 14. Tencent plans to...

Founder of Huawei, Ren Zhengfei, built an outstanding career in the People’s Liberation Army of the PRC before creating the telecommunications giant, writes Asia Times. Ren Zhengfei's contacts were helpful in setting up the company. Cheap loans from state-owned banks helped Huawei expand at first after Ren founded the company with the capital of 21,000 yuan (about $ 4,400 at the time) of his own...

The Chinese court banned sale of old versions of the iPhone, including the iPhone X. The Chinese court demanded that Apple stop selling the old iPhone models in the country. Thus, it satisfied Qualcomm’s claim against Apple Inc.’s four Chinese subsidiaries. The court decided to immediately stop import and sale of the iPhone 6S, iPhone 6S Plus, iPhone 7, iPhone 7 Plus, iPhone 8, iPhone 8 Plus and...

ALM Intelligence presented another research of the consulting services market. The company's analysts identified ten market leaders, including PwC, BCG, Deloitte, KPMG, McKinsey, EY. Consulting companies rated quality of organization of the process, the ability to assess customer needs, geographical coverage and other criteria. As follows from a report published by ALM Intelligence and dedicated...