DoorDash Prices IPO At $102/shr, Above Estimated Range – Quick Facts On-demand prepared food delivery service DoorDash Inc. said that it has priced its initial public offering of 33 million shares of its Class A common stock at $102.00 per share, which is above its previously estimated $90.00 and $95.00 per share range. The offering […]
Cramer's lightning round: Quest Diagnostics is good to own It's that time again! "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed. Sea Ltd: "I can't analyze that company. [It] doesn't make any money. It's got all the appeal of a […]
Britain Launches Mass Vaccination Against COVID-19 Britain’s 90-year-old Margaret Keenan became the first person in the world to get coronavirus vaccine after completing clinical trials. The nonagenarian was given the vaccine through injection at University Hospital in Coventry as part of the mass vaccination program launched in the United Kingdom Tuesday. “It’s the best early […]
Interactive Brokers Hit by ‘Significant Failure’ on Platform Interactive Brokers Group Inc. said it was experiencing “a significant failure” across multiple parts of its data storage system as several hundred users complained that they had lost service. “We recognize the dislocation this has caused to our clients, and express our apologies,” the Greenwich, Connecticut-based company […]
Foley Trasimene To Combine With Paysafe Foley Trasimene Acquisition Corp. II (BFT), a special purpose acquisition company, and Paysafe Group Holdings Limited have announced a plan of merger. Paysafe will become a publicly traded entity under the name, Paysafe Limited and symbol PSFE. The deal reflects an implied pro-forma enterprise value at closing of approximately […]
Oil Prices Fall On Covid-19 Worries Oil prices fell on Monday as rising Covid-19 cases prompted more lockdowns around the world, threatening a global economic recovery. Benchmark Brent crude dropped 0.7 percent to $48.89 a barrel, while West Texas Intermediate oil futures were down nearly 1 percent at $45.83. Both benchmarks gained for a fifth […]
Telit Continuing Commercial Talks With U-blox, DBAY Regarding Possible Offer Telit Communications Plc (TCM.L) issued a statement regarding the announcements made by DBAY on 4 December 2020. The Board of Telit believes that an offer at 1.948 pounds per Telit share would fundamentally undervalue Telit. The Board said the industrial logic in a combination with […]
Broncos Report Card: Competitive in all phases, but still another loss to the Chiefs – The Denver Post Offense — C Defense — B Special teams — B Coaching — B German Industrial Production Rose for Sixth Month in October German industrial production rose for a sixth month in October, highlighting the sector’s relative resilience […]
Bavaria Tightens Covid Lockdown and Declares Disaster Situation Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. The German state of Bavaria is tightening its coronavirus lockdown regime, mostly banning people from leaving their homes starting from Dec. […]
Herald morning quiz: December 7 Test your brains with the Herald’s morning quiz. Be sure to check back on nzherald.co.nz at 3pm for the afternoon quiz. IPO Lockup Expiration Alert: Pliant Therapeutics (PLRX) The lockup period of Pliant Therapeutics Inc. (PLRX) ends today, i.e. on November 30, 2020. Pliant is a clinical-stage biopharmaceutical company, with […]