Box, Inc. Files for IPO

Box, Inc. disclosed tonight it filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. The number of shares to be sold and the price range for the proposed offering have not yet been determined. Box has developed a content sharing platform for companies and individuals using cloud services, an industry that encompasses a broad … Continue reading Box, Inc. Files for IPO

Yahoo! Climbs Pre-Market With Alibaba IPO Announcement

Yahoo Inc. (NASDAQ:YHOO) shares are up between $38.40 and a high of $39.79 in early Monday pre-market trade after China-based Alibaba said it will hold its Initial Public Offering (IPO) in the U.S. The e-commerce company is reportedly in talks with about six banks to underwrite the IPO. The listing could bring in about $15 billion to the company, and it would be significant to … Continue reading Yahoo! Climbs Pre-Market With Alibaba IPO Announcement

After-Market News: WAIR, GME, CADX, DVA

Wesco Aircraft Holdings Inc. (NYSE:WAIR) has closed on its purchase of Haas Group Inc., a privately held supply-chain management firm previously owned by The Jordan Company LP. WAIR funded the $550 million transaction using proceeds from a new, $525 million syndicated term loan added to the company’s existing senior secured credit facilities as well as a $40 million draw under WAIR’s revolving credit facility and … Continue reading After-Market News: WAIR, GME, CADX, DVA

Analyst Pre-Market Upgrades and Downgrades: EPE, BOOM, LNKD, HELI, SQI

LinkedIn (NYSE:LNKD) is higher this morning after RBC upgraded the shares to Outperform from Sector Perform and set a price target of $250 per share, up from $225 per share. JPMorgan analysts have downgraded their coverage of industrial manufacturer Dynamic Materials Corporation (NASDAQ:BOOM) to a Neutral rating from Overweight. The firm also lowered its price target on the stock to $21 from $25 a share. … Continue reading Analyst Pre-Market Upgrades and Downgrades: EPE, BOOM, LNKD, HELI, SQI

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Panasonic Talks Boost Tesla (NASDAQ:TSLA) Pre-Market

Tesla (NASDAQ:TSLA) is posting gains in early pre-market trade Wednesday, gaining momentum in the wake of reports the company is in talks with Panasonic about investing nearly $1 billion in a battery factory in the U.S. Panasonic said it was considering various options to strengthen its ties with Tesla, according to multiple media reports citing the Japanese newspaper Nikkei. In Other Pre-Market News Offshore drilling … Continue reading Panasonic Talks Boost Tesla (NASDAQ:TSLA) Pre-Market

Zulily (NASDAQ:ZU) Posts Stunningly Good Fourth Quarter

Zulily (NASDAQ:ZU) needed to deliver upside to consensus projections in the fourth quarter, and the magnitude of the top- and bottom-line beat was more than adequate.. The doubling of the active customer base year-to-year is encouraging, and the leverage on marketing spending highlights that there is still significant untapped demand. Flow-through to profitability on higher revenues was exceptional; adjusted EBITDA were double consensus estimates. The … Continue reading Zulily (NASDAQ:ZU) Posts Stunningly Good Fourth Quarter