Business confidence there down for the first time in five months. Our roadmap begins with the nasdaq looking to turn around a second consecutive slide in biotechs, deterioration in what some of these momentum stocks we say. Cloud storage firm box planning to raise over 250 million in an ipo and list under the ticker box. Reports that manager knew of the gm ignition problems prior to the launch of the cobalt and withheld some vehicle data. First up the nasdaq hoping to rebound the morning after the selloff which saw the index closing at 5 1 2 week lows and biotechs took a hit and tesla and netflix. We talked about it yesterday, and wonder if this is a longerterm dynamic in terms of leadership. I think that gilead comeback yesterday was significant but a lot of the others didnt. You know, were going to be talking about box filing and i look at that offering and i say or drop box, too, i say, these are the kind of companies that are putting a lot of pressure on the rest of the companies.
The damage from the record drought. All that and more tonight on nightly Business Report for tuesday, march 25th. Good evening, everyone. Is ipo season on wall street, the number of Companies Going public is soaring. Investors are salivating to get a taste of candy crush. King digital entertainment, the Company Behind that popular smartphone game, is issuing its initial public Stock Offering tomorrow when it begins trading on the new york stock exchange. Its expected to price tonight. When a company decides to go public, its a sign of confidence in the markets and conviction that investor interest to own a piece of their business is high. So with the rush of companies staging ipos, is this the right make sense for investors to add these newbies to their portfolios . Seema mody reports. Reporter an upbeat economy, rally on wall street and a string of successful listings have provided the ideal backdrop for private companies to go public. So far this year, 53 ipos have come to market. Th
The damage from the record drought. All that and more tonight on nightly Business Report for tuesday, march 25th. Good evening, everyone. Is ipo season on wall street, the number of Companies Going public is soaring. Investors are salivating to get a taste of candy crush. King digital entertainment, the Company Behind that popular smartphone game, is issuing its initial public Stock Offering tomorrow when it begins trading on the new york stock exchange. Its expected to price tonight. When a company decides to go public, its a sign of confidence in the markets and conviction that investor interest to own a piece of their business is high. So with the rush of companies staging ipos, is this the right make sense for investors to add these newbies to their portfolios . Seema mody reports. Reporter an upbeat economy, rally on wall street and a string of successful listings have provided the ideal backdrop for private companies to go public. So far this year, 53 ipos have come to market. Th
Award-winning fintech myPOS is announcing today that it has received authorisation as an Electronic Money Institution (EMI) from the Central Bank of Ireland, the country's financial services regulator.