Financial Services
The largest initial public offering in U.S. history is in the books. Credit card king Visa priced 406 million shares at $44 apiece, according to various media reports, exceeding its original estimate of a $37 to $42 trading range. The stock will begin trading Wednesday under the symbol V. The company, which raised $17.9 billion from the IPO, plans to use about $10.2 billion in proceeds to redeem shares held by selling stakeholders, including JP Morgan ChaseJPM, National CityNCC, Bank of AmericaBAC and CitigroupC. Another $3 billion will be set aside to cover litigation costs and general corporate purposes.
The mortgage insurer, like other financial guarantors, has been hit hard by capital concerns.
Here's why the company could get a warm welcome from Wall Street.
The exchange also increased its dividend and announced a new partnership with a Middle Eastern exchange.
Apple and AT&T were among the most searched stocks on TheStreet.com Friday. Here's what Cramer had to say about them recently.
Catch up on his thinking on the hottest topics of the past week.
Investors will have to deal with a Fed meeting and another flood of earnings and economic data.
Looking for deep value with Defiance Asset Management, polling big investors about where the market's headed, plus much more.
See who made what calls.
3 Stocks I Saw On TVDan Fitzpatrick examines three stocks viewed on Fast Money and Mad Money Today's stocks include Deere & Co., Petrobras and MBIA
TheStreet.com Ratings checks in on First Community Bancorp and First Niagara Financial Group two months after recommending the stock.
Take-Two's latest hit receives a perfect score from industry reviewers.
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