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 (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 »
U.S. refiners could face a continued squeeze on profit margins in the months ahead as dwindling supplies of heavy crude from Venezuela and elsewhere are leading several to switch to higher-priced but easier-to-refine light, sweet crude. More »
