Initial public offerings

October 01, 2019 - 2:55 pm
NEW YORK (AP) — In a story Sept. 30 about WeWork's withdrawing its initial public offering, The Associated Press reported erroneously that the company went through $198.7 billion to fund its operations in the first six months of the year. It went through $198.7 million. Also, the last name of...
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The letters with the name of German tech company Teamviewer, a maker of the eponymous screen sharing and conferencing software, is displayed in front of the exchange in Frankfurt, Wednesday, Sept. 25, 2019. Teamviewer has made the biggest initial public offering for a German tech company since the dot-com boom. Andreas Arnold/dpa via AP)
September 25, 2019 - 4:57 am
BERLIN (AP) — Teamviewer, the maker of the eponymous screen-sharing and conferencing software, has held the biggest initial public offering for a German tech company since the dot-com boom. Shares in Teamviewer began trading at 26.25 euros ($28.88) on the Frankfurt exchange Wednesday, valuing the...
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FILE - In this Tuesday, Jan. 16, 2018, file photo, Adam Neumann, co-founder and CEO of WeWork, attends the opening bell ceremony at Nasdaq, in New York. Some members of the WeWork board are unhappy with its leadership and plan to push WeWork CEO Adam Neumann to give up that title, according to media reports. (AP Photo/Mark Lennihan, File)
September 24, 2019 - 5:38 pm
WeWork's charismatic but controversial CEO is stepping aside from the communal office-space company he founded, another moment of reckoning between the fast-growing startup and its disenchanted investors. The New York-based company said Tuesday that Adam Neumann will be replaced by two co-CEOs:...
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September 22, 2019 - 5:19 pm
NEW YORK (AP) — Some members of the WeWork board are unhappy with its leadership and plan to push WeWork CEO Adam Neumann to give up that title, according to several media reports. The reports say the board members are connected to Japanese firm SoftBank Group, WeWork's biggest investor. The Wall...
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FILE - In this Feb. 22, 2018, file photo, Airbnb co-founder and CEO Brian Chesky speaks during an event in San Francisco. Home-sharing company Airbnb Inc. says it will go public in 2020. It’s a long-awaited move for the company, which was founded in 2008 in San Francisco. (AP Photo/Eric Risberg, File)
September 19, 2019 - 11:12 am
NEW YORK (AP) — Home-sharing company Airbnb Inc. said Thursday it plans to go public in 2020. It's a long-awaited move for the San Francisco company, which was founded in 2008 by Brian Chesky and Joe Gebbia, who needed some extra cash so they put air mattresses on their apartment floor and charged...
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FILE - In this Jan. 16, 2018 file photo, Adam Neumann, co-founder and CEO of WeWork, attends the opening bell ceremony at Nasdaq, in New York. WeWork is delaying its IPO, saying it now expects the offering to be completed by the end of the year. The office-sharing company is hoping to restore investor confidence amid doubts about its ability to make money and decisions that’ve raised concerns about its CEO. (AP Photo/Mark Lennihan, File)
September 17, 2019 - 2:01 pm
NEW YORK (AP) — WeWork's parent company put its stock market debut on the backburner Tuesday, struggling to drum up investor enthusiasm for a fast-growing enterprise that spread trendy communal office spaces across the globe while piling up massive losses and drawing concerns about its CEO's...
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From left, Frank Wang, Executive Director, Jan Craps, Executive Director and CEO and Guilherme Castellan, Chief Financial Officer of Budweiser Brewing Company APAC Limited pose with products in Hong Kong Tuesday, Sept. 17, 2019. AB InBev, the world's largest brewer that produces Budweiser and Corona, has revived plans to list its Asian business in Hong Kong despite persistent pro-democracy protests but halved the size of its initial public offering. (AP Photo/Vincent Yu)
September 17, 2019 - 7:50 am
HONG KONG (AP) — AB InBev, the world's largest brewer that produces Budweiser and Corona, on Tuesday revived plans to list its Asian business in Hong Kong but halved the size of its initial public offering to $4.8 billion. The move comes two months after it temporarily shelved plans to raise $9.8...
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Storage tanks are seen at the North Jiddah bulk plant, an Aramco oil facility, in Jiddah, Saudi Arabia, Sunday, Sept. 15, 2019. The weekend drone attack in Buqyaq on one of the world's largest crude oil processing plants that dramatically cut into global oil supplies is the most visible sign yet of how Aramco's stability and security is directly linked to that of its owner -- the Saudi government and its ruling family. (AP Photo/Amr Nabil)
September 16, 2019 - 1:55 am
DUBAI, United Arab Emirates (AP) — The weekend drone attack on the world's largest crude oil processing plant in Saudi Arabia that dramatically cut into global oil supplies is the most visible sign yet of how Aramco's stability and security is directly linked to that of its owners — the Saudi...
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FILE - In this Jan. 16, 2018 file photo, Adam Neumann, center, co-founder and CEO of WeWork, attends the opening bell ceremony at Nasdaq in New York. WeWork's parent company is revealing more of its initial public offering plans, saying it expects to list shares on the Nasdaq. The company also announced corporate governance changes in response to market feedback, including limiting the role of the founder's family on its board of directors. The We Co. disclosed the information in a regulatory filing on Friday, Sept. 13, 2019. (AP Photo/Mark Lennihan, File )
September 13, 2019 - 4:40 pm
NEW YORK (AP) — WeWork's parent company announced major changes in its corporate governance practices Friday as it revealed plans to list shares on the Nasdaq. The office-sharing company is pressing on with its highly anticipated stock market debut — expected later this month — despite doubts about...
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Amin Nasser, the chairman and CEO of the state-run oil giant Saudi Aramco, speaks to journalists at the World Energy Congress in Abu Dhabi, United Arab Emirates, Tuesday, Sept. 10, 2019. Nasser told journalists Tuesday a planned initial public offering of a sliver of the oil company's worth would happen "very soon." (AP Photo/Jon Gambrell)
September 10, 2019 - 4:51 am
ABU DHABI, United Arab Emirates (AP) — The chief executive of Saudi Aramco, the state-owned oil firm that is seen as the kingdom's crown jewel, said Tuesday that the company is ready for a local listing on the kingdom's stock exchange and that it will happen "very soon." Amin Nasser declined to say...
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