Companies itching to go public face a tough choice as the fall IPO window opens: take the leap with markets near all-time highs, or wait until next year when risks around interest rates and the U.S. election have faded.The window, roughly the nine-week stretch from Labor Day until the Nov. 5 vote, will likely be the last chance this year for a clutch of the best-prepared companies. Initial public offering bankers and advisers expect the election will freeze activity globally, putting a damper on IPO volume, which is unlikely to overtake last year’s even after bouncing back in the first half from the post-pandemic lull.First-time share sales outside mainland China have raised $69 billion so far this year, 50% more than in the same period in 2023, data compiled by Bloomberg show. The current figure is barely more than half the average in the decade before the pandemic, however.Marquee listings like Viking Holdings’s $1.8 billion New York debut and Galderma Group’s $2.6 billion offering in Zurich have performed well in the after-market, as global equity benchmarks sit on the doorstep of record highs. The MSCI All Country World index hit an all-time high Friday and is up 15% in the year to date. Yet many long-touted IPO candidates have stuck to the sidelines amid disagreements with investors over valuation, as well as concerns that risk tolerance for new issues hasn’t fully recovered.In the U.S., the backdrop of markets is “still pretty constructive,” according to Clay Hale,... Continue reading at 'Crains New York'
[ Crains New York | 2024-08-28 16:53:32 UTC ]
Companies itching to go public face a tough choice as the fall IPO window opens: take the leap with markets near all-time highs, or wait until next year when risks around interest rates and the U.S. election have faded.The window, roughly the nine-week stretch from Labor Day until the Nov. 5... Continue reading at Crains New York
[ Crains New York | 2024-08-28 16:53:32 UTC ]
More news stories like this
Publisher of the Monthly and the Saturday Paper says he will no longer be involved in day-to-day operationsFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails,free app or daily news podcastMorry Schwartz has given up his leading role at the company he... Continue reading at The Guardian
[ The Guardian | 2023-12-11 06:44:11 UTC ]
More news stories like this
Barnes & Noble Education reported a 3.7% increase in sales in the quarter ended July 29, which the company took as a sign that its new First Day programs are being embraced by more students—and the first step back toward profitability. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-09-06 04:00:00 UTC ]
More news stories like this
Sarah Crichton will "step back from her duties as editor-in-chief" at Henry Holt & Co., assuming the role of editor-at-large on July 5, Holt president and publisher Amy Einhorn has announced in a letter to staff. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-22 04:00:00 UTC ]
More news stories like this
Entire board resigns over actions of academic publisher whose profit margins outstrip even Google and AmazonMore than 40 leading scientists have resigned en masse from the editorial board of a top science journal in protest at what they describe as the “greed” of publishing giant Elsevier.The... Continue reading at The Guardian
[ The Guardian | 2023-05-07 07:00:16 UTC ]
More news stories like this
My friend Robert Molteno, who has died aged 79, was the editorial director of Zed Books for 27 years and helped build its reputation as the pre-eminent radical academic publisher concerned with the developing world.Robert combined a sharp analysis of current issues with a commitment to scholars... Continue reading at The Guardian
[ The Guardian | 2022-05-01 18:10:50 UTC ]
More news stories like this
The promise of Sharjah Publishing City as a hub for the international book business has taken a step forward with Lightning Source. The post Ingram’s Lightning Source at Sharjah Publishing City appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-04-27 22:26:37 UTC ]
More news stories like this
Christopher Dore says some critics make him ‘cringe’. Plus: ‘Furries’ at elite Brisbane school?Christopher Dore has been the editor-in-chief of the Australian since 2018, and has quite the pedigree in editing Rupert Murdoch’s Australian mastheads. Dorey, as staff call him, has edited the Daily... Continue reading at The Guardian
[ The Guardian | 2022-03-25 03:05:12 UTC ]
More news stories like this
Independent academic publisher Boydell & Brewer has appointed Mark Kavanagh as group publishing director. Continue reading at The Bookseller
[ The Bookseller | 2022-01-12 02:18:00 UTC ]
More news stories like this
Bloomsbury has acquired California-based academic publisher ABC-CLIO in a $22.9m (£17.3m) deal, expanding its academic and digital publishing presence in North America. Continue reading at The Bookseller
[ The Bookseller | 2021-12-15 16:09:02 UTC ]
More news stories like this
Tributes have been paid to academic publisher Michael Holdsworth after his death, aged 73. Continue reading at The Bookseller
[ The Bookseller | 2021-09-15 13:03:36 UTC ]
More news stories like this
Staff at the academic publisher Springer Nature are being given an extra day of holiday on 2nd July to thank them for their "extraordinary efforts" during the Covid-19 pandemic. Continue reading at The Bookseller
[ The Bookseller | 2021-07-01 17:57:04 UTC ]
More news stories like this
Academic publisher Springer Nature has launched a name change policy to enable transgender scholars and writers to update their name on published works. Continue reading at The Bookseller
[ The Bookseller | 2021-06-29 23:20:28 UTC ]
More news stories like this
Independent academic publisher Boydell & Brewer has appointed Antje King to be its new group sales and marketing director. Continue reading at The Bookseller
[ The Bookseller | 2021-02-15 13:51:01 UTC ]
More news stories like this
This week Amazon’s billionaire founder Jeff Bezos said he planned to take a step back at the giant e-commerce business. Continue reading at The Bookseller
[ The Bookseller | 2021-02-05 11:03:27 UTC ]
More news stories like this
In the midst of a multi-pronged crisis, it’s not easy to get a lay of the land – much less predict what tomorrow looks like. But right now publishers are forced to do that every day. At the Digiday Publishing Summit Live, publishers and media execs convened virtually to take a step back, talk... Continue reading at Digiday
[ Digiday | 2020-07-06 04:01:00 UTC ]
More news stories like this
The University of California announced a groundbreaking open access publishing agreement with leading academic publisher Springer Nature, the largest open access agreement in North America to date, and the first for Springer Nature in the U.S. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-06-16 04:00:00 UTC ]
More news stories like this
After weeks of credible speculation and reporting, LSC Communications announced clarity around its reorganization plans, which includes filing for Chapter 11 bankruptcy with the Southern District of New York. The company was left with few option after accumulating at least $893 million in... Continue reading at Folio Magazine
[ Folio Magazine | 2020-04-13 15:00:01 UTC ]
More news stories like this