Related topics: company

Pandora sings happy tune: IPO fetches $16 a share

(AP) -- Pandora Media Inc. sold its initial public offering of stock at $16 per share late Tuesday, fetching twice as much as the popular but unprofitable Internet radio service expected less than two weeks ago.

Study shows investors lose, insiders win when IPOs involve analysts

When equity analysts are more involved in a firm's initial public offering, investors who purchase stock based on these analysts' reports lose more than 3 percent of their investment, according to a new study from the University ...

The pivot toward sustainability finance

At the start of the year, it's always a good idea to look around and see what has changed during the previous 12 months. In mid-December, energy consultant Amy Myers Jaffe examined the state of sustainability finance in a ...

Permira buys Ancestry.com for $1.6 bn

European private equity group Permira will take over the popular Nasdaq-listed genealogy website Ancestry.com for $1.6 billion in cash, Permira announced on Monday.

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