Stock Market

  • Aemetis Files Preliminary Proxy For Consent Solicitation to Approve 1-for-10 Reverse Stock Split Business Wire - 2 hours 39 minutes ago

    CUPERTINO, Calif.--(BUSINESSWIRE)-- Aemetis, Inc. (OTC.QB:AMTX - News), a renewable fuels and biochemicals company with operating plants in California and India, today filed a preliminary proxy for a consent solicitation seeking approval from its stockholders for a 1-for-10 reverse stock split of Aemetis common stock in anticipation of listing on a national exchange. “We believe that a national exchange listing will allow a broad range of institutional investors to participate in the continued growth and success of the company,” said Eric McAfee, Chairman and Chief Executive Officer of Aemetis, Inc. Assuming that the stockholders vote to approve the reverse stock split, upon the effectiveness of the reverse stock split, every ten shares of issued and outstanding Aemetis common stock will be automatically combined into one issued and outstanding share of common stock without any change in the par value per share.

  • Abu Dhabi Securities Exchange (ADX) Goes Live With New Trading Engine Powered by NASDAQ OMX GlobeNewswire - 5 hours ago

    NEW YORK and ABU DHABI -- Abu Dhabi Securities Exchange (ADX) and NASDAQ OMX Group, Inc. , today announced that ADX has gone live with X-stream Trading technology. The upgrade, started in 2012, provides ...

  • SDRL - Mandatory notification of trade GlobeNewswire - 8 hours ago

    HAMILTON, Bermuda -- Seadrill Limited ("the Company") has through market purchases executed on April 22, repurchased 300,000 of the Company's own common stock at an average price of NOK196.80 ...

  • China pork firm scales down HK listing on volatility concerns AFP - 14 hours ago
    China pork firm scales down HK listing on volatility concerns

    Chinese pork producer WH Group has slashed a planned initial public offering in Hong Kong by almost two-thirds blaming concerns about the strength of the city's stock market, a report said Wednesday. The firm, which last year bought US giant Smithfield Foods in a landmark multi-billion-dollar deal, said this month it hoped to raise up to US$5.3 billion with a share sale and listing on April 30. It would have made it the biggest IPO globally in a year and Hong Kong's largest since US insurer AIA raised $20.5 billion in 2010. However, it now plans to raise up to US$1.88 billion and list on May 8, Dow Jones Newswires said, citing people close familiar with the situation.

  • These 3 small caps have moved into the buy zone The Motley Fool Australia - 16 hours ago

    The NASDAQ rout in the US took huge chunks out of the share prices of some pretty significant US tech stocks. Companies with little or no earnings, priced for growth, or without proven technologies behind the business saw sharp share price declines. The share prices of these three small-cap stocks have fallen sharply recently without any meaningful company-specific announcements. The share price has fallen from a high of 35 cents early in the year to 22 cents at the close on Friday, seemingly due to the US aversion to tech stocks.

  • Five9 Announces Exercise of the Underwriters' Option to Purchase Additional Shares GlobeNewswire - 18 hours ago

    SAN RAMON, Calif. -- Five9, Inc. announced today the underwriters of its initial public offering have exercised in full their option to purchase 1,500,000 shares of common stock from Five9 at a purchase ...

  • Einhorn: Bubble brewing, shorting momentum stocks CNBC - 20 hours ago
    Einhorn: Bubble brewing, shorting momentum stocks

    In a letter to investors David Einhorn of Greenlight Capital said he's witnessing a tech bubble and has bet against a number of momentum stocks.

  • Stocks to watch at close on Tuesday AAP - Tue, Apr 22, 2014 4:19 PM AEST

    Mining giant BHP Billiton has been given until 2016 to go ahead with the expansion at the Olympic Dam mine in South Australia.

  • 'China's Twitter' Chairman: We priced our IPO too low CNBC - Tue, Apr 22, 2014 12:30 PM AEST
    'China's Twitter' Chairman: We priced our IPO too low

    Following the stellar debut of Weibo, the company's chairman Charles Chao said that in retrospect the initial public offering was priced too low.

  • ChinaNet Online Holdings Receives Nasdaq Notification of Non-Compliance With Listing Rules GlobeNewswire - Mon, Apr 21, 2014 9:30 PM AEST

    BEIJING -- ChinaNet Online Holdings, Inc. (the "ChinaNet" or "Company"), a leading B2B (business to business) Internet technology company focusing on providing online-to-offline ("O2O") ...

  • Why Coca-Cola Amatil Limited could be a once in a generation opportunity The Motley Fool Australia - Mon, Apr 21, 2014 2:24 PM AEST

    Coca-Cola Amatil Limited (CCL.AX) is a fallen angel that many investors have been quick to write off. But what if now is actually a once in a generation opportunity to buy? Shares in CCA have always commanded a premium price because, until recently, it was a quality company which had proven its performance year-in, year-out. Newly installed CEO Alison Watkins will lead a strategic review of the company which will be a catalyst for change.

  • Providence, RI, sues firms over stock trades Associated Press - Sat, Apr 19, 2014 10:05 AM AEST

    Providence, R.I., is suing dozens of Wall Street banks and other financial companies over high-frequency trading. The federal complaint was filed Friday in New York on behalf of city investment funds that ...

  • Earnings season starts rough for health insurers Associated Press - Sat, Apr 19, 2014 1:02 AM AEST

    Health insurers that easily outpaced the broader market in trading last year nosedived this week after UnitedHealth released shaky first-quarter earnings. That dip may be short-lived if the performance ...

  • Minerals Technologies Extends Tender Offer for Outstanding Shares of AMCOL International ACN Newswire - Fri, Apr 18, 2014 9:02 PM AEST

    NEW YORK, NY -April 18, 2014-Minerals Technologies Inc. (NYSE:MTX - News) announced today that it has extended its tender offer to purchase all outstanding shares of AMCOL International Corporation (NYSE:ACO - News) for $45.75 per share in cash. All terms and conditions of the tender offer, other than the expiration date, remain the same. Unless extended further, the tender offer will now expire at 9:00 a.m., New York City time, on May 2, 2014. The tender offer was previously scheduled to expire at 9:00 a.m., New York City time, on April 18, 2014.

  • Shares of Travelocity owner Sabre rise after IPO Associated Press - Fri, Apr 18, 2014 7:58 AM AEST

    Shares of Sabre Corp. ended higher Thursday, but the provider of technology services to the travel industry raised less money than it had projected in its initial public offering. The company had offered ...

  • Weibo shares jump in market debut Associated Press - Fri, Apr 18, 2014 6:44 AM AEST

    Chinese social media company Weibo Corp.'s shares soared in their U.S. market debut Thursday. Weibo was launched four years ago by Chinese online media company Sina Corp. Weibo provides a Twitter-like ...

  • Mid-cap stocks are getting some love, finally Associated Press - Fri, Apr 18, 2014 4:11 AM AEST

    Maybe the middle child really should be the favorite. Just like families sometimes overlook the middle kid, investors all too often pay attention to just the smallest and largest stocks. Managers of mid-cap ...

  • Sina Weibo shares jump more than 10% after IPO AFP - Thu, Apr 17, 2014 4:16 PM AEST
    Sina Weibo shares jump more than 10% after IPO

    Shares of Sina Weibo, China's answer to Twitter, jumped more than 10 percent in initial trade Thursday after an undersubscribed initial public offering. Weibo's parent, the Chinese Internet giant Sina Corp, sought to raise as much as $380 million listing the subsidiary on the Nasdaq exchange, but only pulled in $286 million as it ran into a market jittery over both tech and Chinese company shares.

  • Sina Weibo shares jump more than 6% after IPO AFP - Thu, Apr 17, 2014 4:12 PM AEST
    Sina Weibo shares jump more than 6% after IPO

    Shares of Sina Weibo, China's answer to Twitter, began trading sharply higher Thursday after an undersubscribed initial public offering. Minutes into trade the shares were over $18, compared with the $17 ...

  • Japara Healthcare Ltd gives IPO investors a 27.5% stag profit – what investors need to know The Motley Fool Australia - Thu, Apr 17, 2014 3:13 PM AEST

    Freshly floated aged care operator Japara Healthcare Ltd (ASX: JHC) has surged 27.5% to $2.55 by early afternoon on Thursday after debuting on the stock market this morning. It's an amazing immediate profit ...

  • 'Chinese Twitter' firm Weibo to go public in US AFP - Thu, Apr 17, 2014 1:23 PM AEST
    'Chinese Twitter' firm Weibo to go public in US

    Sina Weibo, widely known as China's version of Twitter, is to go public in the United States Thursday at a price below expectations after a recent sell-off in technology stocks. The microblogging subsidiary of Chinese Internet behemoth Sina was to make its debut on the Nasdaq exchange under the symbol "WB" in an initial public offering (IPO) expected to raise at least $340 million. Sina Weibo -- launched in August 2009 to provide services similar to Twitter, which is banned in China -- is a leading social media site in a country with 618 million Internet users -- the world's largest online community. But the estimated value of the IPO, filed by Weibo with the US Securities and Exchange Commission this month, was down on the sum of up to $500 million indicated in March -- reflecting a gloomy market outlook after the Nasdaq index suffered more than three weeks of declines.

  • Stocks to watch at noon on Thursday AAP - Thu, Apr 17, 2014 12:05 PM AEST

    Stocks to watch on the Australian stock exchange at noon on Thursday: API - AUSTRALIAN PHARMACEUTICAL INDUSTRIES - down 1.5 cents, or 2.65 per cent, at 55 cents Australian Pharmaceutical Industries is ...

  • Weibo, a Chinese Answer to Twitter, Prices Its Offering at $17 The New York Times - Thu, Apr 17, 2014 11:20 AM AEST

    The microblogging service set a price at the bottom of its expected range, and will carry a value well below that of Twitter when it begins trading on the public markets.

  • Weibo IPO below expectations, raises $285.6 mn AFP - Thu, Apr 17, 2014 9:54 AM AEST
    Weibo IPO below expectations, raises $285.6 mn

    Sina Weibo sold fewer shares than expected in its US IPO which was priced below expectations ahead of a Thursday listing that takes place after tech selloffs on Wall Street. The firm, often described as China's version of Twitter, sold 16.8 million US depositary shares, according to Dow Jones Newswires, while a person familiar with the deal told AFP each share was priced at $17. In March, Weibo had estimated the value of its initial public offering at as much as $500 million. The offering comes as Chinese e-commerce giant Alibaba -- a shareholder in Weibo -- is preparing its own eagerly anticipated IPO later in the year, which is expected to be the biggest in the tech sector since Facebook's in 2012.

  • McAleese Ltd plunges 15.5% – Should you sell too? The Motley Fool Australia - Thu, Apr 17, 2014 8:47 AM AEST

    If you were unlucky enough to receive an allocation in the McAleese Ltd (MCS.AX) initial public offering (IPO) last November, or unfortunate enough to have decided to purchase stock on market since the IPO you are no doubt bewildered by the transport company's second profit warning which has sent the share price down 15.5% to close at a new all-time low of 43.5 cents. Perhaps one comforting factor for investors is that Chairman and now CEO Mark Rowsthorn - who was previously CEO at rail freight company Asciano Ltd (AIO.AX) and before that a senior director at freight and logistics group Toll Holdings Limited (TOL.AX) - owns around 30% of McAleese, so at least he is feeling the pain of the company's dismal performance too! McAleese has certainly been the worst of the recent bundle of floats to hit the market and a far cry from Beacon Lighting Group Ltd's (ASX:BLX) 60% gain on debut. It's a good reminder that IPO investing does not guarantee profits and sooner or later - in McAleese's case sooner - the stock price will be driven by fundamentals not hype.

  • Denbury Announces Pricing and Upsizing of Its Senior Subordinated Notes Offering GlobeNewswire - Thu, Apr 17, 2014 8:15 AM AEST

    PLANO, Texas -- Denbury Resources Inc. ("Denbury" or the "Company") today announced that it has priced its public offering of senior subordinated notes due May 2022 and increased the ...

  • CORRECTING and REPLACING -- Sonoco Board Increases Common Stock Dividend GlobeNewswire - Thu, Apr 17, 2014 6:19 AM AEST

    Please replace the release with the following corrected version due to a revision.

  • Weibo IPO below expectations, raises $285.6 mn: report AFP - Thu, Apr 17, 2014 3:43 AM AEST
    Weibo IPO below expectations, raises $285.6 mn: report

    Sina Weibo has sold fewer shares than expected in its US IPO which has been priced below expectations, a report said Thursday, ahead of its listing which takes place after selloffs on Wall Street. The Beijing-based firm, often described as China's version of Twitter, sold 16.8 million US depositary shares at $17, raising $285.6 million before the sale of any additional shares to underwriters, Dow Jones Newswires said, quoting two people familiar with the deal. Those figures are well below the 20 million shares and $340 million which it had been aiming for -- reflecting a cautious mood after the tech-weighted Nasdaq index tumbled for more than three weeks. Sina Weibo -- launched in August 2009 to provide services akin to Twitter which is banned in China -- is a leading social media site in a country with the world's largest population of Internet users at 618 million.

  • Moelis & Co. prices initial public offering at $25 Associated Press - Wed, Apr 16, 2014 8:58 PM AEST

    Moelis & Co. priced its initial public offering at $25 per share, which was below expectations. The New York investment bank plans to offer 6.5 million shares to raise $162.5 million. Underwriters have ...

  • Statoil's share saving plan allocates shares GlobeNewswire - Wed, Apr 16, 2014 7:59 PM AEST

    STAVANGER, Norway -- The shares purchased by DNB on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 15 April 2014 for use in the group's share saving plan have on 16 April 2014 been distributed to the employees ...

  • Aussie shares close higher AAP - Wed, Apr 16, 2014 4:17 PM AEST

    The Australian share market closed higher on Thursday, with positive manufacturing data out of the US overnight and China during the day promoting positive investor sentiment.

  • Alibaba steals Yahoo's thunder ahead of IPO AFP - Wed, Apr 16, 2014 3:09 PM AEST
    Alibaba steals Yahoo's thunder ahead of IPO

    If Yahoo appears back in favor, it can thank Alibaba, the Chinese Web giant in which it holds a big stake and which is set for a public stock offering. Yahoo shares soared 7.3 percent to $36.71 at the opening Wednesday on the heels of a better-than-expected quarterly report, but some were more focused on the Alibaba financial results buried in the document. "The salient point of Yahoo's first quarter results was the very strong December quarter results from Alibaba," said Jordan Rohan, analyst at the brokerage Stifel. "Alibaba's results paint a favorable picture for a favorable IPO despite the recent period of weakness in the Internet sector."

  • Is hot market for IPOs cooling? AAP - Wed, Apr 16, 2014 12:01 PM AEST

    Car financing company Ally Financial and hotel operator La Quinta Holdings had lukewarm receptions for their recent IPOs. La Quinta priced its shares at $US17 each, lower than its expected range of $US18 to $US21, which suggested less demand. Ally, the largest IPO this year, priced its shares at $US25 each, the bottom of its expected range of $US25 to $US28. Some companies delayed their IPOs last week as the stock market turned bumpy.

  • Coca-Cola and MasterCard are big market movers Associated Press - Wed, Apr 16, 2014 7:01 AM AEST

    Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE The Coca-Cola Co., up $1.45 to $40.18 The first global sales volume decline for ...

  • Tuesday's Top Upgrades (and Downgrades) Motley Fool - Wed, Apr 16, 2014 5:40 AM AEST

    Analysts shift stance on Pier 1, New York & Co., and PetSmart.