New York Stock Exchange suspends USD 1 listing rule
Good news for the NYSE listed companies which are struggling in these tough economic times.
New York Stock Exchange has announced that they are suspending the rule related to the USD 1 share price till June 30 this year.
NYSE has a rule that requires the listed companies [...]

FriendFinder Networks files for an IPO
FriendFinder Networks is behind a popular social network and the publisher of Penthouse adult magazine.
The company has now filed for a $460 million initial public offering.
They are going to use the funds generated from this IPO to pay off debt as per their filing with the U.S. Securities and Exchange [...]

Visa to file for an IPO to raise $17 billion

Visa Inc is the world’s largest credit-card network and they are preparing to launch their IPO.
The company has filed to raise up to $17 billion through this IPO which is expected to become the largest initial public offering ever.
They are planning to list its share on [...]