LSE: Hubertus Vath from Frankfurt Main Finance said Euro clearing businesses have begun moving accounts to Frankfurt and would be naïve to think the UK could continue to dominate t
The stream of U.S. energy companies going public at the start of 2017 has dried up on concerns over the future direction of oil prices, but private buyers seeking mergers and acquisitions are ready to take advantage of the volatility to secure cheap deals.
Snap Inc, the owner of messaging app Snapchat, received top ratings from a number of its IPO underwriters on Monday, sending its shares up more than 3 percent in premarket trading.
Shares of Snap Inc jumped 9 % on Wednesday after the owner of messaging app Snapchat received a second analyst "buy" rating following a red-hot public listing this month and with the financial market skeptical about its lofty valuation.
Shares in Snap Inc hit a fresh low on Wednesday, falling as much as 2.6% before clawing back some losses in choppy trading as analysts questioned the company's prospects.
The 2017 advertising revenue forecast for Snap Inc’s Snapchat has been trimmed by $30 million due to higher than expected revenue sharing with its partners, digital marketing firm eMarketer said in its latest ad spending forecast on Tuesday.
NBCUniversal, a unit of Comcast Corp, invested $500 million in Snap Inc. during its IPO as part of a strategic investment and partnership, CNBC reported on Friday, citing sources familiar with the matter.
The New York Stock Exchange (NYSE) sees technology companies driving a revival in new Asian listings and expects double-digit initial public offerings (IPOs) through the end of 2017 from the region, the exchange's global head of capital markets said in an interview.
U.S. initial public offerings by venture-backed companies fell to a two-year low in the first quarter of 2015, according to data from the National Venture Capital Association and Thomson Reuters.
