New Issues

U.S. judge in Texas invalidates Allergan patents on Restasis

U.S. judge in Texas invalidates Allergan patents on Restasis

Published 16/10/2017

A U.S. judge on Monday invalidated patents on Allergan Plc's dry-eye medicine Restasis on grounds that the patents cover ideas that are obvious, sending shares of the pharmaceutical company down 3.5 percent. [more…]

Ivascyn`s Pimco Income fund surpasses $100 billion despite fee hike: sources

Ivascyn`s Pimco Income fund surpasses $100 billion despite fee hike: sources

Published 13/10/2017

The Pimco Income Fund (PIMIX), widely seen by investors and analysts as Pacific Investment Management’s new flagship fund, surpassed $100 billion in assets under management this week, even as fees were hiked on Oct. 2, two sources familiar with the matter said Friday. [more…]

Telecoms and cable group Altice strikes debt refinancing deal

Telecoms and cable group Altice strikes debt refinancing deal

Published 09/10/2017

Altice, the acquisitive telecoms and cable group founded by billionaire Patrick Drahi, announced on Monday a debt refinancing deal which it said would lead to cost savings on interest payments and extend its debt maturity. [more…]

Data-center provider Switch surges in debut

Data-center provider Switch surges in debut

Published 06/10/2017

Shares of Switch Inc, which provides data center services to Amazon, eBay and JP Morgan among others, rose as much as 45 percent in their market debut on Friday, giving the company a market capitalization of more than $5.6 billion. [more…]

Switch Inc`s IPO prices at $17 per share

Switch Inc`s IPO prices at $17 per share

Published 05/10/2017

Switch Inc (SWCH.N) raised about $531.3 million from its initial public offering which was priced at $17 per share, making the data-center operator the second-largest U.S. technology listing this year. [more…]

Uber board set for contentious meeting over ex-CEO`s power

Uber board set for contentious meeting over ex-CEO`s power

Published 03/10/2017

The board of Uber Technologies Inc [UBER.UL], including two new appointees of former Chief Executive Travis Kalanick, will meet on Tuesday to consider proposals that diminish the co-founder's influence, strip early investors of supervoting power and secure a multibillion-dollar investment, sources said. [more…]

Angry Birds maker Rovio`s shares in high-flying debut

Angry Birds maker Rovio`s shares in high-flying debut

Published 29/09/2017

Angry Birds maker Rovio Entertainment's shares got off to a flying start on the Finnish firm's stock market debut. [more…]

From Chinese giants to new frontiers: emerging dollar bond sales boom

From Chinese giants to new frontiers: emerging dollar bond sales boom

Published 27/09/2017

Frontier economies including Tajikistan and Iraq along with credit-hungry Asian firms led emerging market borrowing in the July-September quarter, as 2017 shapes up to be another record year for debt sales. [more…]

Britain`s Deliveroo raises $385 million for food fight

Britain`s Deliveroo raises $385 million for food fight

Published 24/09/2017

British food delivery company Deliveroo has raised $385 million in private funding, it said on Sunday, as it prepares for expansion to help it compete with publicly traded rivals such as Delivery Hero and Just Eat. [more…]

Institutional portion of ZhongAn`s HK IPO oversubscribed: sources

Institutional portion of ZhongAn`s HK IPO oversubscribed: sources

Published 18/09/2017

ZhongAn Online Property and Casualty Insurance Co, China's first internet-only insurer, has covered the institutional tranche of its up to $1.5 billion initial public offering (IPO) multiple times over, sources close to the deal said on Monday. [more…]