Quick Facts

Share SHARE

Lack of monitoring of the shadow banking system is a risk to financial stability, the International Monetary Fund, or IMF, said late Wednesday. According to the Global Financial report from IMF, shadow banking amounted to around 7 trillion dollars in emerging markets. This is outpacing the growth...

Graña y Montero S.A.A. (GRAM), a Peruvian engineering and Construction company, announced Wednesday the awarding of $187.57 million contract. The company's Chilean subsidiary Vial y Vives - DSD S.A. has received an adjudication letter with the "Buena Pro" for the project denominated 01-OC: "Construction...

Atento S.A. , a provider of customer relationship management and business process outsourcing services in Latin America and Spain, announced late Wednesday the pricing of its initial public offering of 10 million ordinary shares at a price to the public of $15.00 per share. The gross proceeds from...

Starbucks Coffee Canada, affiliated to Coffee retailer Starbucks Corp (SBUX), Thursday announced its plans to serve Fairtrade certified espresso exclusively at participating Starbucks campus stores at Canadian colleges and universities, beginning in spring 2015. The move reflects growing demand for ethically...

Telecom giant AT&T (T) and Amazon Web Services or AWS are working together to extend AT&T NetBond to AWS. Customers will have a new high performing and highly-secure choice to connect to AWS. This includes the ability to scale their network at the same rate as their enterprise-class applications...

General Motors Co. (GM) CEO Mary Barra Wednesday reaffirmed the company's previously announced near-term financial targets. In North America, the company expects to achieve EBIT-adjusted margins of 10 percent in 2016, and expects to return to profitability in Europe in 2016. In China, the company...

Online home-furnishing retailer Wayfair Inc on Wednesday priced its initial public offering of 11 million Class A common shares at $29 a share, above its expected range of $25 to $28 a share. In addition, the underwriters have been granted a 30-day option to purchase an additional 1.65 million shares. The...

VWR Corp. said Wednesday that it has priced an underwritten initial public offering of 25.532 million shares of its common stock at a price to the public of $21 per share, which is below its previously estimated price range of $22 to $25 per share. In connection with the offering, VWR has granted...

AAC Holdings, Inc. (AAC), the parent holding company of American Addiction Centers, Inc., said Wednesday that it has priced its initial public offering of 5 million shares of common stock at a price to the public of $15 per share, for a total of about $65.6 million of net proceeds after deducting underwriting...

Qihoo 360 Technology Co. Ltd. (QIHU) said Wednesday that its Board of Directors has authorized the repurchase of up to US$200 million of the company's American Depositary Shares. The share repurchases will be funded with the company's existing cash reserves and ongoing cash flow. The company...

Escalade, Inc. (ESCA) said Wednesday that it has completed the sale of its Information Security business. Escalade sold its Information Security business, including the intimus® product line, to an unaffiliated party that is a portfolio company of PHI Fund II, F.C.R. de Regimen Simplificado, a private...

PS Business Parks Inc (PSB), a real estate investment trust, Wednesday completed the sale of two business parks, Cornell Oaks Corporate Center and Creekside Corporate Park, both located in Beaverton, Oregon, for net proceeds of about $160 million. The parks consist of 18 buildings comprising approximately...

JP Energy Partners LP said Wednesday that it has priced its initial public offering of 13.75 million common units representing limited partner interests in JPE at $20 per common unit, which the mid-point of the previously estimated price range of $19 to $21 per common unit. JPE has granted the underwriters...

NewLink Genetics Corp (NLNK), a biopharmaceutical company, Wednesday named Jack Henneman as executive vice president and chief financial officer, effective immediately. Henneman replaces Gordon Link, Jr. Henneman has more than 20 years of financial and operational management experience in the life...

Canadian fertilizer producer Agrium Inc. (AGU.TO, AGU) said Wednesday that it expects third quarter earnings from continuing operations to be in the range of US$0.45 to US$0.55 per share. The company also said it expects fourth quarter earnings from continuing operations to be similar to net earnings...