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 ]
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Christie’s auction house is extending its sizeable lease at Rockefeller Center for another 25 years, landlord Tishman Speyer announced Tuesday. It’s a significant win for an older office complex whose peers have struggled to retain tenants.Christie’s American headquarters at 20 Rockefeller Plaza... Continue reading at Crains New York
[ Crains New York | 2024-08-20 15:35:35 UTC ]
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Can anyone unseat Kristin Hannah as the bestselling historical fiction book of the moment? Continue reading at Book Riot
[ Book Riot | 2024-08-20 10:15:00 UTC ]
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For some regional bookseller associations, joint trade shows are a winning formula. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-08-16 04:00:00 UTC ]
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This season’s noteworthy offerings feature time loops, psychoactive booze, the Big Bang, and a hermit on a mission from God. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-08-16 04:00:00 UTC ]
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Independent presses keep up the good fight in a fall season full of bold and inventive offerings. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-08-16 04:00:00 UTC ]
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Although the 2024 election season won’t shift into high gear until after Labor Day, booksellers across the country are making plans for what Lissa Muscatine, co-owner of Politics & Prose in Washington, D.C., describes as a “dramatic and historic” presidential campaign. Not only are... Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-08-16 04:00:00 UTC ]
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This fall, Broadleaf Books will publish 'Justice for Marcus Garvey: Look for Me in the Whirlwind,' a compilation of essays edited by Garvey's son that includes contributions by Black authors, booksellers, and publishers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-08-05 04:00:00 UTC ]
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This season’s crop of notable nonfiction debuts tackle the nature of life, the role of religion in American culture, Indigenous histories, and book bans Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-08-02 04:00:00 UTC ]
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Former first lady, who has been mostly absent as her husband campaigns, has never told her own story at length beforeThe former first lady Melania Trump has a memoir coming out this fall, Melania, billed by her office as “a powerful and inspiring story of a woman who has carved her own path,... Continue reading at The Guardian
[ The Guardian | 2024-07-26 13:42:09 UTC ]
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Whodunit? That's the question at the heart of these compelling and engaging 2024 YA mysteries. That, plus this week's YA book news. Continue reading at Book Riot
[ Book Riot | 2024-07-25 15:00:00 UTC ]
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Stocks that traded heavily or had substantial price changes on Friday: CrowdStrike, Scholastic fall, Intuitive Surgical, SLB rise Continue reading at ABC News
[ ABC News | 2024-07-19 20:21:50 UTC ]
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This week's new science fiction and fantasy reads include two that explore fantastical worlds about literature. Continue reading at Book Riot
[ Book Riot | 2024-07-19 16:00:00 UTC ]
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After posting lackluster financial results for the first nine months of fiscal 2024, Scholastic’s hopes for a good fourth quarter did not materialize, with the company posting a 10% decline relative to last year’s record quarter and finishing the year down 7% from 2023. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-07-19 04:00:00 UTC ]
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The company, which is headquartered in Miramar, Florida, and focuses exclusively on Christian titles, has seen significant growth in the U.S. market over the past quarter-century, with the U.S. now accounting for 52% of its total business, a testament to the growing Spanish-speaking population... Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-07-16 04:00:00 UTC ]
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With stories set in Bosnia, El Salvador, Iran, and Scotland, this fall’s notable fiction debuts have a distinctly international flavor. There’s also a New Orleans ghost story and a behind-the-scenes dive into the NFL. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-07-12 04:00:00 UTC ]
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Big names like Ryan Estrada, Derek Kirk Kim, and Jen Wang headline a fall lineup that’s full of fresh takes on familiar coming-of-age and romance themes—plus super-futuristic mermaids. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-07-12 04:00:00 UTC ]
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Our fall 2024 Children’s Preview issue spotlights innovate approaches to getting kids jazzed about reading, our comprehensive A–Z listings of children’s and YA titles being released between August 1 and January 31, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-07-05 04:00:00 UTC ]
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A woman accidentally buys a bookstore apparently, Libro at 10, cool library spaces are all in today's most interesting book news. Continue reading at Book Riot
[ Book Riot | 2024-06-20 17:06:13 UTC ]
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The theft of 400 kilograms of gold from Toronto's Pearson Airport in April 2023 played out like a Hollywood movie. But even after police charged 12 men in connection with the heist, tens of millions in gold is still missing, raising the question of whether investigators have really cracked the case. Continue reading at CBC
[ CBC | 2024-06-20 08:00:46 UTC ]
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Sara Goodman and Eileen Rothschild, VPs and editorial director and associate publisher, respectively, at the young adult imprint Wednesday Books, will also head up Saturday, which will publishing 10–12 titles annually for readers aged 18–30. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-06-17 04:00:00 UTC ]
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