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Twitter raises share price target

2013-11-04 22:40:16| BBC News | Business | UK Edition

The micro-blogging company Twitter increases its estimate of its shares' value and demand leads it to end the offer a day early.

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Twitter raises IPO price range

2013-11-04 16:09:00| Telecompaper Headlines

(Telecompaper) Twitter has raised the price range for its initial public offering of shares, following strong demand from investors. The company will now sell stock for USD 23-25 per share, up from an earlier indicated range of USD 17-20, according to an amended prospectus filed with the SEC. The offering remains 70 million shares, with an option for an additional 10.5 million shares, putting the potential proceeds at a maximum USD 2.01 billion. The sale will see around 13.5 percent of Twitter's shares listed on the stock market. The shares will be allocated on 06 November, and trading is expected to start on 07 November on the New York Stock Exchange.

Tags: price range ipo raises

Switch to Pork Raises Price Fears

2013-08-02 02:00:00| ThePigSite - Industry News

HONG KONG - There are fears that markets will increase the price of pork as consumers turn to the meat instead of chicken amid worries about avian flu outbreaks.

Tags: price switch fears raises