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Oddity Shares Jump 40% in Stock Market Debut
Investors scooped up shares of the direct-to-consumer beauty and tech company. Source link
Governments in China are Propping Up Hong Kong's Ailing IPO Market
Municipalities and state-backed investors that want to drum up more economic activity are buying shares in companies going public. Source link
Oddity Prices Closely Watched IPO Above Expectations
Beauty company sells more shares than planned, signaling investors may be ready to write checks for new companies again. Source link
Brazilian Meatpacker JBS to Pursue U.S. Listing
The company intends to list its shares on the NYSE and the São Paulo Stock Exchange using Brazilian Depository Receipts by the end of 2023.
Johnson & Johnson Posts Higher Quarterly Sales, Raises 2023 Outlook
First-quarter earnings were largely wiped out by a $6.9 billion charge tied to litigation and other costs from its Covid-19 vaccine commitments. Source link
Teck Resources Again Rebuffs Glencore's $23 Billion Approach
The Canadian miner said its own plan to split into two independent companies was in the best interest of its shareholders. Source link
LVMH's Paris Headquarters Stormed by Protesters
The nationwide protest movement against President Emmanuel Macron’s pension overhaul morphed into a populist rebuke of France’s establishment. Source link
China's Ant Gives Trapped Investors an Opportunity to Cash Out
China's Ant Gives Trapped Investors an Opportunity to Cash Out Source link