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countryside-ipo-021216.jpgUK-based homebuilder Countryside Properties said Friday that its initial public offering values the company at 1.013 billion pounds, or about $1.46 billion. The company priced its 135 million shares in the IPO on the London Stock Exchange at 225 pence per share, at the low end of its previously forecast range of 225 pence to 275 pence per share.
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Canyon Creek Recalls Meatball Soup Due To Lack Of Inspection



Canada-based food processing company Canyon Creek Soup Co. is recalling about 7,275 pounds of meatball soup products due to risk of adverse health effects as they were not inspected at the U.S. point of entry.
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Interpublic Q4 Results Beat View; Sets New Stock Buyback Program, Lifts Dividend



Advertising and marketing services provider Interpublic Group of Companies, Inc. (IPG) reported a decline in profit for the fourth quarter on slightly lower revenues. However, both revenue and adjusted earnings per share for the quarter beat analysts' estimates. In addition, the company's board of...
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RBI's Rajan Says Weaker Rupee Needed To Ensure Competitiveness



The rupee has remained flat against global currencies in real terms and some weakening of the currency is required to ensure competitiveness until inflation reaches lower levels, Reserve Bank of India Governor Raghuram Rajan said Saturday. The rupee is actually flat, Rajan said, citing the real effective exchange rate.
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M&A

Baidu Receives Non-Binding Offer For Qiyi.com - Quick Facts



Baidu Inc. (BIDU) announced its board has received a non-binding proposal from Mr. Robin Yanhong Li, CEO of Baidu, and Yu Gong, CEO of Qiyi.com Inc., proposing to acquire all of the outstanding shares of Qiyi beneficially owned by Baidu based on an enterprise valuation of $2.8 billion. Baidu currently...
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SS&C Technologies Holdings (SSNC) Has Dropped To A New Low After Q4 Report



SS&C Technologies Holdings (SSNC) reported fourth quarter adjusted EPS of $0.72 after the close Thursday, compared to $0.62 last year. SS&C Technologies Holdings has been falling since the open of trade Friday and is now down 3.96 at $51.35. The stock has been declining for the past week and a half...
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countryside-ipo-021216.jpg

IPO Watch: Countryside Grabs $1.4 Bln Market Cap



UK-based homebuilder Countryside Properties said Friday that its initial public offering values the company at 1.013 billion pounds, or about $1.46 billion. The company priced its 135 million shares in the IPO on the London Stock Exchange at 225 pence per share, at the low end of its previously forecast range of 225 pence to 275 pence per share.
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Portland General Electric Q4 15 Earnings Conference Call At 11:00 AM ET



Portland General Electric Company (POR) will host a conference call at 11:00 AM ET on February 12, 2016, to discuss its Q4 15 earnings results. To access the live webcast, log on at http://investors.portlandgeneral.com/ A replay of the call can be heard by dialing (855) 859-2056 (US) or (404) 537-3406...
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Economic Calendar
DateIndicatorPeriodCountry
02/14/16 ExportsJAN China
02/14/16 ImportsJAN China
02/14/16 Trade BalanceJAN China
02/12/16 13:0Baker Hughes - Rig CountFEB 12 United States
02/12/16 11:0CB Leading IndexDEC Mexico
02/12/16 11:0CB Coincidence IndexDEC Mexico
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