Equity Financing

HSBC poised to be first firm to issue Chinese Depositary Receipts:…

HSBC poised to be first firm to issue Chinese Depositary Receipts:…

Published 18/10/2018

HONG KONG (Reuters) - HSBC Holdings PLC (HSBA.L) is set to be the first company to issue Chinese Depositary Receipts (CDRs), through a link between [more…]

‘Despondent’ Musk’s Tesla resembles Lehman, Greenlight’s Einhorn says

‘Despondent’ Musk’s Tesla resembles Lehman, Greenlight’s Einhorn says

Published 05/10/2018

NEW YORK (Reuters) - Hedge fund manager David Einhorn lambasted Tesla Inc (TSLA.O) and its “despondent” Chief Executive Elon Musk on Friday, comparing the electric [more…]

Fidelity’s asset management chief Morrison to retire

Fidelity’s asset management chief Morrison to retire

Published 05/10/2018

BOSTON (Reuters) - Fidelity Investments said on Friday that its asset management chief, Charles Morrison, is leaving the company and that it plans to name [more…]

ISS says renegotiating Dell tracking stock offer would be best option

ISS says renegotiating Dell tracking stock offer would be best option

Published 05/10/2018

(Reuters) - Shareholder advisory firm Institutional Shareholder Services Inc (ISS) said on Friday that Dell Technologies Inc should renegotiate an offer to acquire a tracking [more…]

Lenovo and ZTE tumble on fears over China hack report

Lenovo and ZTE tumble on fears over China hack report

Published 05/10/2018

HONG KONG (Reuters) - Lenovo and ZTE Corp shares slid on Friday, hurt by worries about overseas sales after Bloomberg reported that the systems of [more…]

SiriusXM to buy Pandora in $3.5 billion streaming push

SiriusXM to buy Pandora in $3.5 billion streaming push

Published 24/09/2018

(Reuters) - Satellite radio firm Sirius XM Holdings Inc (SIRI.O) will buy music streamer Pandora Media Inc (P.N) in a $3.5 billion all-stock deal, as [more…]

Dell revisits IPO option amid tracking stock deal pushback -sources

Dell revisits IPO option amid tracking stock deal pushback -sources

Published 23/09/2018

(Reuters) - Dell Technologies Inc (DVMT.N) is exploring an initial public offering (IPO) after shelving this option earlier this year in favor of going public [more…]

As its trading debut looms, China’s Meituan locked in battle of…

As its trading debut looms, China’s Meituan locked in battle of…

Published 17/09/2018

(This version of the story corrects $100 million to $100 billion in 13th paragraph) By Pei Li and Adam Jourdan BEIJING/SHANGHAI (Reuters) - Meituan Dianping, [more…]

Volvo Cars drops IPO citing trade tensions and downturn

Volvo Cars drops IPO citing trade tensions and downturn

Published 10/09/2018

BEIJING/PARIS (Reuters) - Volvo Cars and its owner Geely said on Monday they had postponed plans to float shares in the Swedish carmaker, blaming trade [more…]

Richemont chairman says group has ample liquidity and flexibility

Richemont chairman says group has ample liquidity and flexibility

Published 10/09/2018

GENEVA (Reuters) - Luxury goods group Richemont (CFR.S) has ample liquidity and financial flexibility after raising 4 billion euros ($4.63 billion) in capital markets this [more…]