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Reuters News

Dutch gene therapy pioneer raises $82 mln in U.S. IPO-Reuters

A small Dutch company behind the Western world's first approved gene therapy priced its shares above the expected range in a U.S. stock offering on Wednesday, showing the current investor appetite for biotechnology.

2 min read · 06 February 2014

Canadian Pension Plan names Ed Cass chief investment strategist

1 min read · 06 February 2014

Icahn Enterprises names Cozza as new chief executive-Reuters

Icahn Enterprises L.P., activist investor Carl Icahn's publicly traded investment vehicle, said on Thursday that Keith Cozza will take over as president and chief executive officer, replacing Daniel Ninivaggi, Reuters reported.

1 min read · 06 February 2014

Circassia seeks $285 mln in bumper UK biotech IPO-Reuters

Circassia, a company developing allergy treatments based on a discovery by scientists at Imperial College in London, aims to raise about 175 million pounds ($285 million) of new funds in one of Europe's biggest biotechnology IPOs, Reuters reported.

2 min read · 06 February 2014

KKR's fourth-quarter earnings jump 127 percent-Reuters

KKR & Co LP on Thursday reported fourth-quarter profit that soared by 127 percent, beating most analysts' expectations, as the value of its private equity portfolio rose and it earned more fees from its credit investments.

2 min read · 06 February 2014

Twitter's sputtering user growth unnerves investors -- Reuters

Twitter Inc on Wednesday reported its slowest pace of user growth in recent company history, dimming hopes that the social media phenomenon can sustain its torrid pace of expansion and wiping out nearly a fifth of the company's value in after-hours trading.

3 min read · 06 February 2014

Josh James's Domo raises $125 mln from TPG, others - Reuters

SAN FRANCISCO, Feb 5 (Reuters) - Enterprise-software startup Domo has raised another $125 million in funding, it announced Wednesday, doubling the capital that investors have put into the company.

1 min read · 05 February 2014

Sony in talks to sell PC business to investment fund - Nikkei

Sony Corp is in talks to sell its poorly performing personal computer business to investment fund Japan Industrial Partners for up to 50 billion yen ($490 million), the Nikkei daily reported.

1 min read · 05 February 2014

Online ad provider Rubicon Project files for IPO of up to $100 mln-Reuters

The Rubicon Project Inc, which provides online advertising services, filed with U.S. regulators on Tuesday to raise up to $100 million in an initial public offering of its common stock, Reuters reported.

2 min read · 05 February 2014

Wilbur Ross-backed Diamond S Shipping files for IPO of up to $100 million-Reuters

Diamond S Shipping Group Inc, which is backed by billionaire-investor Wilbur Ross, filed with U.S. regulators to raise up to $100 million in an initial public offering of its common stock, Reuters reported.

2 min read · 05 February 2014

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