Latest Stock offerings News

Trump plan for new media venture gets investors' thumbs up

Oct. 21, 2021 17:46 PM EDT

NEW YORK (AP) — Some investors aren’t waiting to see if former President Donald Trump’s plans for a media company to challenge the likes of Facebook, Twitter and even Disney can actually become reality — they’re all in. Trump said Wednesday that he’s launching...

Trump announces launch of media company, social media site

Oct. 21, 2021 00:39 AM EDT

NEW YORK (AP) — Nine months after being expelled from social media for his role in inciting the Jan. 6 Capitol insurrection, former President Donald Trump said Wednesday he's launching a new media company with its own social media platform. Trump says his goal in...

Sweden's Volvo Cars launches IPO, seeks Stockholm listing

Oct. 18, 2021 13:12 PM EDT

HELSINKI (AP) — The Chinese-controlled Swedish car maker Volvo Cars will make a return as a listed company after a hiatus of more than two decades following an initial public offering and share listing in Sweden later this month. The Goteborg, Sweden-based Volvo Cars...

Goldman Sachs' profits jump 60% helped by deal-making frenzy

Oct. 15, 2021 10:34 AM EDT

NEW YORK (AP) — Goldman Sachs' profits jumped 60% in the third quarter, as the deal-making bonanza that dominated financial markets this summer brought in hundreds of millions of dollars in fee revenue for the investment bank. The New York-based firm said Friday that...

Bank profits soar, helped by merger frenzy, fewer bad loans

Oct. 14, 2021 13:57 PM EDT

NEW YORK (AP) — It's good to be a bank right now. Four of the largest U.S. banks said their profits grew by double-digits last quarter, as a healthier U.S. economy has helped reduce the number of loans in default or that the bank won't likely recoup. The results for...

Volvo plans $2.9B IPO to fund electric vehicle ambitions

Oct. 04, 2021 12:20 PM EDT

LONDON (AP) — Swedish automaker Volvo said Monday it plans to raise at least 25 billion kroner ($2.9 billion) by selling shares to fund its electric vehicle transformation strategy. Volvo Cars and its parent company, Chinese carmaker Geely, have applied to hold an...

Once-hot SPAC investments return to earth

Sep. 23, 2021 08:31 AM EDT

NEW YORK (AP) — The spectacular run for the investing phenomenon known as SPACs, once the hottest thing on Wall Street, has fizzled so much that many have been relegated to the bargain bin. These special-purpose acquisition companies are often called “blank-check...

After humble beginnings, Oregon's Dutch Bros launches IPO

Sep. 15, 2021 17:59 PM EDT

SALEM, Ore. (AP) — After humble beginnings as a pushcart operation in an Oregon town and growing into a company with hundreds of drive-thru coffee shops, Dutch Bros Coffee launched an initial public offering Wednesday on the New York Stock Exchange. The offering drew an...

Pennsylvania targeting doctors over blanket mask exemptions

Sep. 10, 2021 17:21 PM EDT

Some Pennsylvania physicians are offering stock doctor's notes for use by parents wishing to have their children exempted from wearing masks in school, according to state health officials who say they have referred the matter for possible disciplinary action. A statewide,...

Rivian, an EV startup with big backers, files to go public

Aug. 27, 2021 12:38 PM EDT

Rivian, an electric vehicle startup backed by Amazon, Ford, and other deep-pocketed investors, confidentially filed to become a publicly traded company this week. The initial public offering is expected to take place after the Securities and Exchange Commission completes...