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News Of KPMG Audit Triggers Spike In Wirecard Shares
News Of KPMG Audit Triggers Spike In Wirecard Shares
October 21, 2019  |  Security & Fraud

Shares in digital payment company Wirecard went up almost 7 percent on Monday (Oct. 21), following news of an independent audit by KPMG. Bloomberg is...

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Wells Says Today’s Costly Investments Is Tomorrow’s Innovation In Progress
Wells Says Today’s Costly Investments Is Tomorrow’s Innovation In Progress
October 15, 2019  |  Earnings

Wells Fargo managed to a slight beat when it came revenue predictions when it announced earnings earlier today (Oct. 15) — but on the whole,...

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SoftBank Losses From WeWork, Uber Failed IPOs Top $5B
SoftBank Losses From WeWork, Uber Failed IPOs Top $5B
October 08, 2019  |  Investments

Analysts are starting to weigh in on the mounting damages SoftBank could incur after such mishaps as WeWork and Uber, Bloomberg reported on Monday (Oct....

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Kazakh FinTech Defers London IPO On ‘Unfavorable’ Market Conditions
Kazakh FinTech Defers London IPO On ‘Unfavorable’ Market Conditions
October 08, 2019  |  IPO

Kazakh FinTech group Kaspi.kz has decided to postpone its U.K. initial public offering (IPO), which was poised to be the biggest IPO by a central...

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Uber, Lyft Shares Plummet To Record Lows Amid Investors’ Scrutiny
Uber, Lyft Shares Plummet To Record Lows Amid Investors’ Scrutiny
October 01, 2019  |  Ridesharing

Shares of Uber and Lyft hit new lows Tuesday (Oct. 1) as both rideshare giants struggle after going public. CNBC reported that Uber closed down...

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Peloton Stock Backpedals, Closes 11.2 Percent Below IPO Price
Peloton Stock Backpedals, Closes 11.2 Percent Below IPO Price
September 27, 2019  |  IPO

Digital fitness brand Peloton ended its first day of trading down 11 percent from its IPO price of $29 a share, Marketwatch reported on Thursday...

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On-Demand Fitness Startup Peloton Pursues $8.2B Valuation 
On-Demand Fitness Startup Peloton Pursues $8.2B Valuation 
September 26, 2019  |  IPO

Fitness startup Peloton is hoping for an $8.2 billion valuation as it goes public, The Financial Times reported on Wednesday (Sept. 25). Under the PTON...

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Nike Earnings Beat The Street With Digital As Growth Driver
Nike Earnings Beat The Street With Digital As Growth Driver
September 25, 2019  |  Retail

With digital as an important growth driver for the sportswear brand, Nike reported quarterly estimates per share that beat The Street’s most bullish estimate. The...

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Silicon Valley Investors Seek IPO Funding Substitute 
Silicon Valley Investors Seek IPO Funding Substitute 
September 24, 2019  |  IPO

Investors and attorneys from Silicon Valley are pressing for an initial public offering (IPO) alternative to help new businesses raise funds, The Financial Times reported...

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