Stock offerings

FILE- In this Dec. 11, 2019, file photo, the Saudi stock market officials watch the stock market screen displaying Saudi Arabia's state-owned oil company Aramco after the debut of Aramco's initial public offering (IPO) on the Riyadh's stock market in Riyadh, Saudi Arabia. Saudi Arabian oil company Aramco's initial public offering raised $29.4 billion, more than previously announced after the company said Sunday it used a so-called "greenshoe option" to sell an additional 450 million shares to satiate investor demand. (AP Photo/Amr Nabil)
January 12, 2020 - 4:21 am
DUBAI, United Arab Emirates (AP) — Saudi Arabian oil giant Aramco announced Sunday that its initial public offering raised a record $29.4 billion, a figure higher than previously announced, after the company used a so-called “greenshoe option” to sell millions more shares to meet investor demand...
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FILE - In this Nov. 14, 2019, file photo a pair of specialists work on the floor of the New York Stock Exchange. Investments around the world were all winners in 2019 as central banks unleashed more stimulus to bolster the global economy against the damage created by President Donald Trump’s trade war. (AP Photo/Richard Drew, File)
December 26, 2019 - 3:23 pm
NEW YORK (AP) — On January 3, the S&P 500 sank 2.5% when Apple warned of sagging demand for the iPhone, an inauspicious start to 2019 following a 14% drubbing in last year's fourth quarter. On January 4, Federal Reserve Chairman Jay Powell said the central bank would be "patient" with its...
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FILE - In this Feb. 26, 2017, file photo, Uber CEO Travis Kalanick arrives at the Vanity Fair Oscar Party in Beverly Hills, Calif. Former Uber CEO Kalanick will resign from the company's board next week, effectively severing ties with the company he co-founded a decade ago. (Photo by Evan Agostini/Invision/AP, File)
December 24, 2019 - 1:45 pm
NEW YORK (AP) — Travis Kalanick, who built Uber into a ride-hailing giant, only to be ousted as CEO over the company's sexist “bro” culture, is cashing out. Kalanick disclosed Tuesday that he has sold off all his Uber stock — estimated at more than $2.5 billion — and is resigning from the board of...
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This undated image provided by Disney Plus shows a scene from "The Mandalorian," which offered as part of the video streaming channel. (Disney Plus via AP)
December 18, 2019 - 10:49 am
NEW YORK (AP) — 2019 wound up being another big year for news from the business world. There was a leadership transition at Google's parent company, a huge IPO by Saudi Aramco, and more scrutiny for Facebook as the social media company alarmed users and regulators with plans to create a digital...
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Saudi Arabia's state-owned oil company Saudi Armco and stock market officials celebrate during the official ceremony marking the debut of Aramco's initial public offering (IPO) on the Riyadh's stock market in Riyadh, Saudi Arabia, Wednesday, Dec. 11, 2019. (AP Photo/Amr Nabil)
December 11, 2019 - 4:01 pm
RIYADH, Saudi Arabia (AP) — Saudi Arabian oil company Aramco surpassed Apple as the world's most valuable public company Wednesday when its shares made their debut on the Saudi stock exchange, part of an ambitious shift away from the very fossil fuels the country's economy depends on. The shares'...
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FILE - In this Nov. 3, 2019, file photo, a man walks past a compound for Saudi Aramco in Jiddah, Saudi Arabia. Saudi Arabia's state-owned oil company Aramco on Thursday, Dec. 5, set a share price for its IPO, that puts the value of the company at $1.7 trillion, more than Apple or Microsoft. (AP Photo/Amr Nabil, File)
December 05, 2019 - 3:07 pm
DUBAI, United Arab Emirates (AP) — Saudi Arabia's state-owned oil company Aramco on Thursday set a share price for its IPO — expected to be the biggest ever — that puts the value of the company at $1.7 trillion, more than Apple or Microsoft. The company said it will sell its shares at 32 riyals ($8...
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FILE - This Oct. 15, 2019, file photo shows a WeWork logo at the entrance to one of their office spaces in the SoHo neighborhood of New York. WeWork is slashing nearly 20% of its work force in the wake of its failed stock market debut. The shared-office company said it has laid off 2,400 of its approximately 12,500 employees to “create a more efficient organization.” (AP Photo/Mary Altaffer, File)
November 21, 2019 - 1:45 pm
NEW YORK (AP) — WeWork is slashing nearly 20% of its workforce, embarking on a painful restructuring of its money-losing operation that doomed its stock market debut and left the office-sharing company on the brink of bankruptcy. WeWork said it has laid off 2,400 of its approximately 12,500...
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FILE - In this May 27, 2016, file photo, a woman rides a bike past the company logo outside the Alibaba Group headquarters in Hangzhou, in eastern China's Zhejiang province. The Chinese e-commerce giant Alibaba has raised about $11 billion in a share offering in Hong Kong, the city’s biggest offering since 2010. Alibaba said Wednesday that it has set the price for the offering at 176 Hong Kong dollars ($22.50) per share. (AP Photo/Ng Han Guan, File)
November 20, 2019 - 8:53 pm
BEIJING (AP) — The Chinese e-commerce giant Alibaba has raised at least $11 billion in a share offering in Hong Kong, netting the city’s biggest offering since 2010 despite recent political turmoil. Alibaba on late Wednesday set the price for the secondary share offering at 176 Hong Kong dollars ($...
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A man walks near a compound for Saudi Aramco in Jiddah, Saudi Arabia, Sunday, Nov. 3, 2019. Saudi Arabia formally started its long-anticipated initial public offering of its state-run oil giant Saudi Aramco on Sunday, which will see a sliver of the firm offered on a local stock exchange in hopes of raising billions of dollars for the kingdom. (AP Photo/Amr Nabil)
November 10, 2019 - 3:51 am
DUBAI, United Arab Emirates (AP) — Saudi Arabia's state-owned oil giant Aramco released a lengthy document late Saturday that lays the ground for investors to buy into the world's most profitable company, but it remains unknown how much is on offer. In its preliminary prospectus, Aramco revealed...
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A man walks near a compound for Saudi Aramco in Jiddah, Saudi Arabia, Sunday, Nov. 3, 2019. Saudi Arabia formally started its long-anticipated initial public offering of its state-run oil giant Saudi Aramco on Sunday, which will see a sliver of the firm offered on a local stock exchange in hopes of raising billions of dollars for the kingdom. (AP Photo/Amr Nabil)
November 03, 2019 - 4:55 am
DHAHRAN, Saudi Arabia (AP) — Saudi Arabia formally began an initial public offering Sunday of a sliver of oil giant Saudi Aramco after years of delay, hoping international and local investors will pay billions of dollars for a stake in the kingdom's crown jewels. An approval by Saudi Arabia's...
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