September 23, 2019
  • September 23, 2019
Breaking News

Business

Aramco Has Hired Bookrunners for $20 billion IPO

by on September 22, 2019 0

Aramco has hired Deutsche and UBS Group as bookrunners for its IPO (initial public offering). The Saudi state oil company signs a deal despite a recent attack on Saudi oil facilities and Aramco has also started informing the banks about the bookrunners’ roles.   The Saudi state oil company also finalised 9 banks for...

Read More

Lowe’s Upgraded to “Outperform” at Wedbush

by on September 16, 2019 0

Lowe’s Companies, Inc. (NYSE: LOW) stock was upgraded to “outperform” from “neutral” at Wedbush, merely based on the growth signals that resulted from the Chief Executive Marvin Ellison’s growth plan for home improvement retailer. The Wedbush analysts led by Seth Basham had also raised the Lowe’s Companies, Inc. (NYSE: LOW)’s price target from $115...

Read More

Virgin in Negotiations to Acquire Affinity’s 35% Stake

by on September 15, 2019 0

Virgin Australia has entered into the exclusive negotiations, to acquire the Affinity’s 35% stake, with minority shareholder Affinity Equity Partners. Up till now nothing has been finalized, but an expected deal is likely to value the business at around $A2 billion, or around $A700 million for stake Virgin is looking to acquire. Virgin Australia...

Read More