Urban Company plans Rs 1,900 crore IPO

Gurgaon based at-home beauty and lifestyle services business Urban Company has filed preliminary documents with the Securities and Exchange Board of India to raise Rs 1,900 crore through an initial public offering.  Screenshot from Urban Company’s website – Urban Company The mobile app-based beauty and home services platform aims to generate Rs 429 crore via […]

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Alibaba boosts share buy back as revenues miss estimates

By Reuters Published Feb 9, 2024 China’s Alibaba Group Holding on Wednesday missed analysts’ estimates for third-quarter revenue, hurt by a weak retail environment and faltering economic recovery in the world’s second-largest economy. Reuters U.S.-listed shares of Alibaba fell 4% in early trading after the company flagged an increase of $25 billion to its share […]

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New Hermes bull Morgan Stanley sees more gains for record rally

By Bloomberg Published Feb 8, 2024 After years on the sidelines, Morgan Stanley is finally joining the bulls pushing Hermes International shares to record highs. See catwalkHermes – Fall-Winter2024 – 2025 – Menswear – France – Paris – ©Launchmetrics/spotlight The broker upgraded the maker of Birkin and Kelly handbags to overweight on Wednesday, its first […]

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Wilson racket maker Amer Sports rises up to 6% after $1.37 billion IPO

By Bloomberg Published Feb 2, 2024 Amer Sports Inc. stock rose as much as 6.2% above its US initial public offering price after its first-time share sale priced below a marketed range. Arc’teryx Shares in the maker of Wilson tennis rackets and Salomon ski boots were trading at $13.61 each as of 1:14 p.m. on […]

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