Topic: Stock Activity
Redgate Media cuts expected price for IPO
AP News
Chinese ad agency Redgate Media cuts price range for IPO, boosts number of shares offeredChinese advertising company Redgate Media Group cut its asking price for shares in its initial public offering by 39 percent late Monday and delayed its IPO by a day. The company, which conducts television, radio, billboards ...
Financial Engines prices shares above expectations
AP News
Retirement plan advisory firm Financial Engines prices above expectations; raises $127.2MPortfolio manager and advisory firm Financial Engines Inc. became the first company since late November to price shares of its initial public offering above expectations, raising $127.2 million late Monday. The Palo Alto, Calif., company sold 10.6 ...
Abbott CEO's pay falls on reduced stock options
AP News
Abbott Laboratories gives CEO almost $22 million in pay, down on lower stock optionsThe chairman and CEO at Abbott Laboratories received a 13 percent drop in total compensation last year, mainly as a result of reduced stock options. The North Chicago-based company disclosed in a regulatory filing Monday that Miles ...
Phillips-Van Heusen to buy Hilfiger for $3 billion
Reuters US Online Report Business News
NEW YORK/BANGALORE (Reuters) - Phillips-Van Heusen <PVH.N>, owner of the Calvin Klein label, agreed to buy fashion brand Tommy Hilfiger from London-based Apax Partners <APAX.UL> in a $3 billion cash-and-stock deal to boost its presence in Europe and Asia. The deal would make Phillips-Van ...
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