Greece’s second-biggest lender, the National Bank of Greece (ADR) (NYSE:NBG) has unveiled the terms of a planned share capital increase that must be approved by the shareholders’ general meeting on May 10. National Bank of Greece (ADR) (NYSE:NBG) stock performance was 0.23% in last session and finished the day at $4.44. Traded volume was 1.49million shares in the last session and the average volume of the stock remained 3.10million shares. The beta of the stock remained 2.28. National
Forecasts for a rebound in first-time share sales come as secondary offerings surge, buoyed by rising fuel and share prices. More receptive equity markets would allow private investors such as Warburg Pincus LLC, Riverstone Holdings LLC and NGP Capital Resources Company (NASDAQ:NGPC) Management LLC, to capture profits through IPOs after making a push into Calgary’s financing market in 2006. NGP Capital Resources Company (NASDAQ:NGPC) rose 4.73 percent to $7.09 Tuesday on volume of 394,718.00million shares. The intra-day range of the stock was $6.80 to $7.26. NGP Capital Resources Company (NASDAQ:NGPC) has a market capitalization of $145.34million.
WH Group follows Japanese hotel owner Seibu Holdings Inc. and Weibo Corp. (ADR) (NASDAQ:WB), operator of a Chinese microblogging service, in paring their IPOs this month. Beijing-based Weibo raised 40 percent less than it originally sought in the U.S., according to data compiled by Bloomberg. Weibo Corp (ADR) (NASDAQ:WB)’s stock on Apr 22, 2014 reported a increase of 2.39% to the closing price of $23.15. Its fifty two weeks range is $16.26 -$24.48. The total market capitalization recorded $4.63billion. The overall volume in the last trading session was 10.47million shares. In its share capital, WB has 207.30million outstanding shares.
SINA Corp (NASDAQ:SINA), a major web portal, temporarily suspended operations of its online reading section after “works containing inappropriate content” appeared the company said in a statement. Some foreign critics of the Chinese government’s actions contend the suppressions are the latest attempt to tightening control of the internet and lead to broader censorship. On Tuesday, shares of SINA Corp (NASDAQ:SINA) dropped -0.30% to close the day at $55.85. Company return on investment (ROI) is 0.40% and its monthly performance is recorded as -15.55%. SINA Corp (NASDAQ:SINA) quarterly revenue growth is -26.83%.