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PP rises 3.57% on first debut

18 hours ago ago from Insider Stories

PT Pembangunan Perumahan Tbk ( PP ) slightly rose 3.57% from its initial price of Rp560 to a closing level of Rp580 per share on the first debut in Indonesia Stock Exchange today. PP has set its IPO price of Rp560 per share, 5% higher from the lowest level of price range Rp530-Rp900 per share. During its IPO, PP offloaded 1.04 billion shares, grabing Rp580 billion fresh cash from the primary market. PT Mandiri Sekuritas, PT ...

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Valero Energy, the largest U.S. refiner, reported a smaller-than-expected quarterly loss

1 day ago ago from MBendi.com - the global information resource for Business and Travel

It has been reported that Valero Energy, the largest U.S. refiner, reported a smaller-than-expected quarterly loss in the fourth quarter of $1.4 billion, or $2.51 per share, compared with a year-ago loss of $3.3 billion, or $6.36 per ...

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Renewable Energy Shares Drop as Much as 22% in Oslo Trading (Bloomberg) | Why is Alternative Energy Important?

4 hours ago ago from Why is Alternative Energy Important

Feb. 10 (Bloomberg) Renewable Energy Corp. Go here to read the rest: Renewable Energy Shares Drop as Much as 22% in Oslo Trading (Bloomberg) Name (required) Mail (will not be published) (required) Website Comments

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China Agritech Raising Cash (CAGC)

16 hours ago ago from 24/7 Wall St.

CHINA AGRITECH, INC. (NASDAQ: CAGC) was having a great day with gains north of 7%.  But at about 3:09 PM EST we saw a filing from the company.. the S-3 the 'selling securities filing' that often hits stocks if they have made large runs or developed a larger following.  The filing is to raise up to $100,000,000.00 in a mixed securities shelf registration. While there are no assurances a sale of stock or other securities will ever be made, ...

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Telecom New Zealand: How low can it go?

17 hours ago ago from Share Investor Blog

Telecom NZ [ TEL.NZ ] has become a bit of an obsession for me from the end of last week because of its spectacular drop in share price. I picked it as Stock of the Week this week because of its poor share price and opportunities that exist to buy as a result. It is now testing a 52 week low of NZ$2.26 having finished at $2.28 at close of trading yesterday. With market sentiment in the doldrums and a poor quarterly profit to report this ...

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Developers Diversified prices 37.3M stock offering

19 hours ago ago from U.S. News

Developers Diversified prices 37.3M stock offering CLEVELAND (AP) -- Developers Diversified Realty Corp. said Tuesday that it priced a public offering of about 37.3 million shares of its common stock at $8.16 per share. The offering's amount is an increase over the 36 million shares the real estate investment trust said late Monday that it planned to offer. Developers expects to use the offering's proceeds to pay back debt that is due ...

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