IPO News
Market turmoil will not stop Visa IPO: analysts (Reuters)
Visa Inc, which plans to float its shares on the New York Stock Exchange on Wednesday in the biggest U.S. initial public offering ever, will not be deterred by market turmoil that has taken a severe toll in recent days, analysts said on Monday.
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LCC International Files for Automatic Extension of the Filing Deadline for Form 10-K (Business Wire)
MCLEAN, Va.----LCC International, Inc., announced today that it has filed a notice on Form 12b-25 with the Securities and Exchange Commission to extend the March 17, 2008 filing deadline for its annual report on Form 10-K for the year ended December 31, 2007 by 15 days in order to give LCC additional time to complete the 2007 Form 10-K.
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Russell Global Index to Add 70 IPOs (Business Wire)
TACOMA, Wash.----Russell Investments will add 70 initial public offerings to the Russell Global Index at the close of equity markets on Monday, March 31. This total includes 12 IPOs that will be added to the U.S. broad-market Russell 3000® Index.
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Saul Centers, Inc. Announces Offering of Series B Cumulative Redeemable Preferred Depositary Shares.
Saul Centers, Inc. today announced the launch of an underwritten public offering of depositary shares, each representing a 1/100th fractional interest in a share of the Company's Series B Cumulative Redeemable Preferred Stock, under a newly effective shelf registration statement.
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Hillenbrand Industries Announces Formal Board Approval of Separation by Means of Share Distribution.
Hillenbrand Industries, Inc. announced today that on March 14, 2008, its Board of Directors formally approved the previously announced tax-free spin-off of Batesville Holdings, Inc., to be the post separation holding company for the Batesville Casket funeral service business.
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Grupo Posadas, S.A.B. de C.V. Announces an Offer to Purchase For Cash Any and All of its...
Grupo Posadas, S.A.B. de C.V. , a variable capital corporation organized under the laws of the United Mexican States , today announced the commencement of its offer to purchase for cash any and all of its outstanding 8 3/4% Senior Notes due 2011 ) , upon the terms and subject to the conditions set forth in the Offer to Purchase and Consent Solicitation Statement and in the related Consent and Letter of Transmittal .
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Hillenbrand Industries, Inc. Announces Early Tender Results of its Pending 'Any and All' Cash...
Hillenbrand Industries, Inc. announced today the early tender results of its previously announced cash tender offer to purchase any and all of its outstanding 4.50 percent Senior Notes due 2009 , of which $250 million in aggregate principal amount was outstanding as of February 29, 2008.
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ALDAR Support Abu Dhabi's 2030 Plan With Developments Showcased at World Property Market MIPIM (PR..
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National City Sees Gain With Visa Sale (AP)
National City Corp. says it will post a $450 million gain by selling its stake in the newly public Visa Inc. The move is a comfort to investors in the regional bank. The bank has been struggling with mortgage-related debt and a stock that has plunged.
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Steven Madden, Ltd. Announces Preliminary Results of 'Dutch Auction' Tender Offer (PR Newswire)
Steven Madden, Ltd. , a leading designer, wholesaler and marketer of fashion footwear and accessories for women, men and children, today announced the preliminary results of its modified "Dutch Auction" tender offer, which expired at 12:00 midnight, Eastern Time on Tuesday, March 18, 2008.
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Visa Inc., Largest IPO in U.S. History, Lists on the NYSE (Business Wire)
NEW YORK----Today, Visa Inc., the world's largest retail electronic payment network, began trading on the New York Stock Exchange under the ticker symbol "V" after its historic initial public offering in which it raised $17.86 billion.
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  • UPDATE 1-Court forces rethink of UK Alzheimer

    &quot;As soon as we have reviewed their cost-effectiveness calculations we will submit any new findings to NICE,&quot; Nick Burgin, managing director of Eisai&#039;s UK business, said.

  • MGIC Announces Plans to Sell Common Shares in a Public Offering (PR Newswire)

    MGIC Investment Corporation has announced that it intends, subject to market and other conditions, to initiate a public offering of approximately $350 million of its common shares, plus up to approximately $53 million of additional common shares that are subject to a 30-day option granted to the underwriters of the offering.