Business

Square IPO: Payments Company Stock Jumps In Market Debut

Market observers noted that Square's offering price was not only below its proposed range, but also far lower than its$15.46 stock price during its last private funding round. The company's Chief, Jack Dorsey, was upbeat about the great beginning of the stock in the bourse. That round valued the company at $6 billion. The shares are listed on the New York Stock Exchange.

Business

John Deere to layoff 220 workers

But the company's recent announcement indicated that this is an indefinite layoff, effective February 15, 2016, with no callback date. Deere officials say the layoffs will align the size of the workforce at individual factories with market demand for products made at each location.

Business

Company Shares of Computer Sciences Corporation (NYSE:CSC) Drops by -1.68%

One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the company's stock. In this transaction , 198,109 shares were sold at $68 per share. Following the completion of the transaction, the chief financial officer now owns 42,472 shares of the company's stock, valued at approximately $2,888,096.

Business

Wells Fargo Given "A" Credit Rating by Morningstar

Sell-side brokerages had anticipated earnings of 1.04, a difference of 0.01, to the actual reported number. Wells Fargo is the largest bank in the country based on its market value. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and sixteen have assigned a buy rating to the company.

Business

Police Searching For VFX Producer Eric Kohler, Missing Since Last Week

Family members told KNTV-TV that Kohler never missed work, especially because he had been working on a major project with a strict deadline. Kohler's family posted a picture of his auto, a black Range Rover Evoque with black rims, black tail pipes and a small dent above the driver's side rear wheel.

Business

Indian Railways signs deals with Alstom, GE

Railways Minister Suresh Prabhu said that the locomotive factories in Bihar would help in boosting manufacturing activities in the country that will contribute to the overall economic growth. While the electric locomotive factory at Madhepura, will supply 800 electric locomotives of 12,000 HP over the period of 11 years at a basic cost of Rs 19,904 crore.


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