Stock Activity

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HRPT Properties boosts size of public offering

AP News 4 hours ago

HRPT Properties Trust increases size of public stock offering by 10M shares to 30M shares HRPT Properties Trust increased the size of a public offering of common stock by 10 million shares to 30 million shares. The real estate investment trust also ...

EMC CEO gets $9M pay package in 2009, down 23 pct

AP News 20 hours ago

EMC CEO gets $9M pay package in 2009, down 23 percent from last year The pay package last year for EMC Corp. CEO Joe Tucci was 23 percent lower than in 2008, a reflection of lower equity awards and cuts to the ...

Scorpio Tankers increases size of expected IPO

AP News yesterday

Shipper Scorpio Tankers boosts size of expected IPO, now hopes to raise about $187.5 million Shipper Scorpio Tankers Inc. on Thursday increased how much it hopes to raise from its expected initial public offering to about $187.5 million from $150 million. The ...

MGM Mirage NJ exit greases wheels for HK listing

Reuters US Online Report Domestic News yesterday

LOS ANGELES/HONG KONG (Reuters) - MGM Mirage's plan to exit the mature Atlantic City market in favor of booming Macau removes a year of overhang from the company and should clear the way for a share offering in Hong Kong by June. ...

IHS 1st-qtr profit slips 1 pct on charges

AP News 2 days ago

IHS fiscal 1st-quarter profit slips 1 percent, weighed down by stock options expenses IHS Inc., a provider of energy and security information to governments and large companies, said Wednesday that its fiscal first-quarter earnings edged down 1 percent, hurt by charges. For ...

GM sees profit, possibly IPO this year: official

AFP Global Edition 2 days ago

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 ...

Korea Life gains; buoys hopes for Samsung Life IPO

Reuters US Online Report Business News 2 days ago

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 ...

Shin shuns limelight as Korea Life goes public

Reuters US Online Report Top News 2 days ago

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 ...

Ex-exec testifies in KB Home fraud trial in LA

AP News 2 days ago

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 to use offering to pay debt

AP News 3 days ago

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 ...

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