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Shadows of people holding mobile phones are cast onto a backdrop projected with the Twitter logo in Warsaw

Twitter boosts IPO range amid strong investor demand

Reuters NEW YORK/SAN FRANCISCO (Reuters) - Twitter Inc raised the top end of its IPO price range by 25 percent and will close its books a day early, signaling strong demand for the most closely watched Silicon Valley debut since Facebook Inc last year. Amid a red-hot market for initial public offerings and soaring equity markets, Twitter raised its price range to $23 to $25 per share on Monday, b…

  • Hedge fund manager Steven Cohen of SAC Capital Advisors responds to a question during an interview in Las Vegas
    U.S. to put SAC hedge fund out of business over insider trading Reuters

    Steven A. Cohen faces an abrupt end to his career as one of the world's most successful traders after his SAC Capital Advisors became the largest Wall Street firm in years to agree to plead guilty to criminal charges of insider trading, and pay $1.2 billion …

    Hedge fund manager Steven Cohen of SAC Capital Advisors responds to a question during an interview in Las Vegas

    Steven A. Cohen faces an abrupt end to his career as one of the world's most successful traders after his SAC Capital Advisors became the largest Wall Street firm in years to agree to plead guilty to criminal charges of insider trading, and pay $1.2 billion in fines. But Cohen, a multi-billionaire and renowned modern art …

  • An illustrative photo shows Blackberry smartphone
    BlackBerry calls off sale, spurring doubts and stock plunge Reuters

    BlackBerry Ltd abandoned on Monday its plan to sell itself and said its CEO is stepping down, sparking a 16 percent dive in its share price and raising fears the struggling smartphone maker is running out of options. After a two-month review of strategic …

    An illustrative photo shows Blackberry smartphone

    BlackBerry Ltd abandoned on Monday its plan to sell itself and said its CEO is stepping down, sparking a 16 percent dive in its share price and raising fears the struggling smartphone maker is running out of options. After a two-month review of strategic options and talks with potential buyers that included Facebook, Lenovo …

  • Logo on headquarters of American International Group Inc. (AIG) in New York
    AIG may sue Morgan Stanley over mortgage securities: SEC filing Reuters

    American International Group Inc may file a lawsuit against Morgan Stanley related to $3.7 billion worth of mortgage securities that the investment bank sponsored or underwrote from 2005 to 2007, and which AIG purchased, according to a regulatory filing …

    Logo on headquarters of American International Group Inc. (AIG) in New York

    American International Group Inc may file a lawsuit against Morgan Stanley related to $3.7 billion worth of mortgage securities that the investment bank sponsored or underwrote from 2005 to 2007, and which AIG purchased, according to a regulatory filing on Monday. AIG has terminated a "tolling agreement" with Morgan Stanley, …

 
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      6.495-1.275-16.41%
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      FB
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      AA
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      OXBT
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      CERE
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