General Motors could be ready for an initial public stock offering as early as the second half of this year, the automaker's new chief financial officer said Wednesday. "I think we have a reasonable chance of being profitable this year," Chris Liddell ...
SEOUL (Reuters) - Korea Life Insurance Co <088350.KS> shares closed up 8 percent in heavy trading on their debut on Wednesday, signaling keen demand ahead of bigger rival Samsung Life's planned $4 billion IPO in May. Korea Life had priced its $1.6 ...
SEOUL (Reuters) - Shin Eun-chul is a four-decade insurance veteran who, into his eighth year in charge of South Korea's No.2 life insurer, has not given any media interviews. That low profile is not unusual for the head of a flagship of ...
Former exec testifies against ex-KB Home chief in LA stock-option backdating trial A former executive of KB Home testified Tuesday against former chairman and Chief Executive Bruce E. Karatz, who is accused of bilking shareholders out of millions of dollars by backdating ...
Developers Diversified prices $300 million public offering of senior notes Developers Diversified Realty Corp., a real estate investment trust, said Tuesday it plans to use about $300 million from a public offering of senior notes to repay debt. The shopping center owner ...
Retirement advisory firm Financial Engines shares soar in IPO debut after raising $127M Shares of Financial Engines Inc. soared nearly 44 percent in their market debut Tuesday, giving the portfolio manager and advisory firm the best first-day IPO performance so far this ...
AP tally shows Prudential CEO's 2009 compensation falls 4.5 pct even as insurer reverses loss The CEO of Prudential Financial Inc. received a 4.5 percent pay cut in 2009, even as the company moved to a profit from a loss. The life ...
Chinese ad agency Redgate Media cuts price range for IPO, boosts number of shares offered Chinese advertising company Redgate Media Group cut its asking price for shares in its initial public offering by 39 percent late Monday and delayed its IPO by ...
Retirement plan advisory firm Financial Engines prices above expectations; raises $127.2M Portfolio manager and advisory firm Financial Engines Inc. became the first company since late November to price shares of its initial public offering above expectations, raising $127.2 million late Monday. The ...
Abbott Laboratories gives CEO almost $22 million in pay, down on lower stock options The chairman and CEO at Abbott Laboratories received a 13 percent drop in total compensation last year, mainly as a result of reduced stock options. The North Chicago-based ...
