• facebook June 20, 2019 4:44 pm

    Work Messaging Service Slack's Value Jumps After Stock Debut

    Slack’s newly public shares aren’t slacking off. The work messaging service’s market value grew 60% after it started trading Thursday under the ticker “WORK.”

  • Microsoft May 21, 2019 6:24 pm

    Slack Changes Ticker Symbol to WORK Ahead of New York Stock Exchange Debut

    Slack is gearing up for its stock market debut and has landed on a new ticker symbol: WORK. In an updated prospectus on Monday, the company said it’s received approval from the New York Stock Exchange to list under that ticker after previously applying to list it shares under the symbol SK. It’s a subtle but notable change in the...

  • facebook April 8, 2019 12:42 pm

    Pinterest Sets Sights on Raising $1.5B in First Public Share Offering

    Pinterest, among a gaggle of tech companies planning to go public this year, hopes to raise as much as $1.5 billion in its initial offering of shares. The digital scrapbooking site said in a regulatory filing Monday that it will put about 75 million shares up for sale at a price between $15 and $17 each. That, at the higher...

  • facebook March 20, 2019 1:24 pm

    Why Levi Strauss, World's Biggest Denim Brand, Is Going Public

    This week denim lovers will get the opportunity to invest in more than just a pair of Levi 501s. For the first time in more than three decades, investors can buy shares of the world’s biggest jeans seller. Levi Strauss & Co. is expected to list nearly 37 million shares on the New York Stock Exchange at a price between...

  • e-commerce September 10, 2018 1:23 pm

    Alibaba Chairman Jack Ma to Step Down in 1 Year

    Jack Ma, who founded e-commerce giant Alibaba Group and helped launch China’s online retailing boom, announced Monday that he will step down as the company’s chairman next September. In a letter released by Alibaba, Ma said he will be succeeded by CEO Daniel Zhang, an 11-year veteran of the company. Ma handed over the CEO post to Zhang in 2013...

  • e-commerce September 8, 2018 3:54 am

    Report: Alibaba Co-Founder Jack Ma to Retire

    The New York Times is reporting that Jack Ma, the co-founder and executive chairman of Chinese e-commerce behemoth Alibaba Group, is retiring. The Times said that in an interview, Ma said he planned to step down as executive chairman on Monday to pursue philanthropy in education. He will remain on Alibaba’s board of directors. Ma started Alibaba in 1999 in...

  • President May 22, 2018 4:30 pm

    New York Stock Exchange to Get 1st Female President in Its 226 Years

    The New York Stock Exchange for the first time in its 226-year history will be led by a woman. Stacey Cunningham, who started her career as a floor clerk on the NYSE trading floor, will become the 67th president of the Big Board. That means that two of the world’s most well-known exchanges will be led by women. Adena Friedman...

  • leader March 19, 2018 6:19 pm

    Music Streaming Service Spotify Files to Go Public

    Streaming service Spotify announced Wednesday its plan to go public, CNBC reported. The company will begin trading on the New York Stock Exchange under the ticker name SPOT. According to the company, shares have traded as high as $132.50 on private markets, which would give the company a valuation over $23 billion based on ordinary shares outstanding as of Feb....

  • New York October 11, 2017 5:49 pm

    Iconic Coach, of Luxury Bag Fame, Announces Surprise Name Change

    To better incorporate all of the brands it now owns, the storied Coach company of New York is changing its name to Tapestry. The luxury goods company that came to prominence in the “Mad Men” era now owns brands like Stuart Weitzman and Kate Spade & Co. as well. CEO Victor Luis said Wednesday that the name Tapestry is more…

  • New York June 29, 2017 11:26 pm

    Blue Apron Delivers Flat First Day on Stock Market

    Wall Street was not hungry for Blue Apron. The meal kit company’s shares ended unchanged Thursday in their first full day on the stock market....
    The stock rose as much as 10 percent after its debut, but it ended Thursday at $10. That’s the same at its initial public offering price....
    On Wednesday, Blue Apron lowered what it expected its shares to...

  • Los Angeles March 3, 2017 8:22 pm

    Mountain View High School Rakes in Millions After Snap's Explosive IPO's First-Day Trading

    A Bay Area high school that counts itself among Snap Inc.’s first investors won big on Thursday after a booming initial public offering and first-day trading.

  • Los Angeles January 20, 2017 1:30 am

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