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WHAT TO LOOK
The audience is about to get a piece of Uber.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The tower sharing company is about to start to trade Friday on the New York Stock Exchange, under the symbol "UBER. "This offering gives retail investors a first chance to acquire shares of the market leader beacons." Data-reactid = "19"> The carpool company will position itself on the New York Stock Exchange on Friday, as part of the symbol "UBER." This offer gives private investors a first chance to acquire shares of the market leader.
<p class = "canvas-atom-text-canvas Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Thursday, & nbsp;Uber Award& nbsp; its initial public offering at US $ 45 per share, at the lower end of the target range of US $ 44-50 per share. This involves a market valuation of about $ 82.4 billion on a fully diluted basis. However, it is down sharply from the estimate of about $ 120 billion & nbsp;floated earlier& nbsp; while the company was seeking to be listed on the stock market. "data-reactid =" 20 "> On Thursday, Uber evaluated its initial public offering at $ 45 per share, falling to its target range of $ 44 to $ 50 per share, which means a market valuation of approximately $ 82.4 billion on a fully diluted basis, which is, however, down sharply from the valuation of up to $ 120 billion previously announced when the company requested a stock exchange listing.
Uber's offer was arguably the most anticipated of the wave of major IPOs in the tech sector – but it is also one of the most controversial.
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TOP NEWS
President Donald Trump presents pricing examples on Thursday, January 24, 2019, while he was speaking in front of the White House Cabinet Room in Washington. (AP Photo / Jacquelyn Martin)
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "US boosts tariffs on $ 200 billion worth of Chinese products: President Donald Trump raised the $ 200 billion tariff of goods from China and was preparing others in its most dramatic stages to gain trade concessions, further undermine financial markets and darken the economy. Mondial economy. China immediately declared in a statement that it was forced to retaliate, without however specifying how. [Bloomberg]"data-reactid =" 35 ">US boosts tariffs on $ 200 billion worth of Chinese products: President Donald Trump raised the $ 200 billion tariff of goods from China and was preparing others in its most dramatic stages to gain trade concessions, further undermine financial markets and darken the economy. Mondial economy. China immediately declared in a statement that it was forced to retaliate, without however specifying how. [Bloomberg]
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Also: Why are commercial rates likely to plunge the United States into a recession? [Yahoo Finance]"data-reactid =" 36 ">Also: Why are commercial rates likely to plunge the United States into a recession? [Yahoo Finance]
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Brexit stocks and consumer spending boost the UK economyAccording to new data, UK economic growth picked up early in the year. GDP grew 0.5% in the first quarter of 2019, according to a first estimate from the Office of National Statistics (ONS) released Friday. This is in line with consensus forecasts by economists for quarterly growth and is an acceleration from the 0.2% growth in GDP recorded in the last quarter of 2018. [Yahoo Finance UK]"data-reactid =" 37 ">Brexit stocks and consumer spending boost the UK economyAccording to new data, UK economic growth picked up early in the year. GDP grew 0.5% in the first quarter of 2019, according to a first estimate from the Office of National Statistics (ONS) released Friday. This is in line with consensus forecasts by economists for quarterly growth and is an acceleration from the 0.2% growth in GDP recorded in the last quarter of 2018. [Yahoo Finance UK]
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "AOC and Bernie Sanders present plan to limit credit card ratesSenators Bernie Sanders and Alexandria Ocasio-Cortez on Thursday presented a plan to limit the profits that banks can collect from consumers, proposing to cap credit card interest rates at 15%. [Yahoo Finance]"data-reactid =" 38 ">AOC and Bernie Sanders present plan to limit credit card ratesSenators Bernie Sanders and Alexandria Ocasio-Cortez on Thursday presented a plan to limit the profits that banks can collect from consumers, proposing to cap credit card interest rates at 15%. [Yahoo Finance]
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Also: Why AOC, Bernie Sanders misses note on credit card rates [Yahoo Finance]"data-reactid =" 39 ">Also: Why AOC, Bernie Sanders misses note on credit card rates [Yahoo Finance]
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Etsy's CEO forgets the start of the difficult first quarter: According to Refinitiv consensus estimates, the online retailer recorded a turnover of $ 169.3 million, less than a million dollars compared to analysts' expectations, and a profit of 24 cents a share, 10 cents more than Wall Street's expectations. Etsy (ETSYThe CEO, Josh Silverman, has stepped down, telling CNBC's Jim Cramer that the mixed results in the first quarter were better than what he expected in March. [CNBC]"data-reactid =" 40 ">Etsy's CEO forgets the start of the difficult first quarter: According to Refinitiv consensus estimates, the online retailer recorded a turnover of $ 169.3 million, less than a million dollars compared to analysts' expectations, and a profit of 24 cents a share, 10 cents more than Wall Street's expectations. Etsy CEO (ETSY), Josh Silverman, dismissed the decline, telling CNBC's Jim Cramer that the mixed first-quarter results were better than those he projected in March. [CNBC]
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