LNG exporter Venture Global cuts target valuation for US IPO to $65.33 billion
(Reuters) -LNG exporter Venture Global on Wednesday slashed the valuation it was seeking from its U.S. initial public offering to as much as $65.33 billion, significantly lower than the more than $100 billion it had initially aimed. The company also
Consumer lender Ally Financial to sell credit card business to CardWorks
(Reuters) – Consumer lender Ally Financial (NYSE:ALLY) has agreed to sell its credit card business to credit and payments firm CardWorks, the companies said on Wednesday. This post appeared first on investing.com
JD Sports Fashion downgraded by Citi analysts amid softer growth outlook
Investing.com — JD Sports Fashion (LON:JD) has been downgraded by analysts at Citi Research, reflecting a more cautious outlook on the retailer’s growth trajectory and profitability. The downgrade comes as the group faces a challenging consumer environment,
Energy player Venture Global slashes IPO price
Investing.com — Venture Global Inc . has announced it will be selling 70 million shares of Class A common shares in its upcoming initial public offering (IPO). The company expects the IPO to range from $23.00 to $27.00 per
Apple stock correction likely to extend- Fairlead Strategies
Apple stock is likely to experience more losses on Wednesday after dropping 3.2% on Tuesday. Shares are down 0.6% in pre-market trade. On Tuesday, Apple stock fell after two Wall Street analysts issued downgrade calls with Jefferies analysts adjusting their rating