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Luckin and quickly price their IPO & # 39; s on top of range, $ 17 and $ 16 per share relative to each other

Today, Luckin Coffee and Prism, priced their IPOs at the top of their respective ranges. Luckin Coffee, a fast-growing and profoundly unprofitable Chinese coffee group, sold 33 million shares of $ 17 each in its debut. Fixed, a company that controls the distribution of Internet content, sold 11.25 million shares to $ 16. Subscribe to Crunchbase Daily Twin pricings were …

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Whataburger for sale? Texas-based fast food chain confirms hiring Morgan Stanley to explore sales

SAN ANTONIO – Whataburger has hired a multinational investment bank and financial services company MorganStanley to help investigate any sales, the company confirmed Thursday. In a written statement, Whataburger & # 39; s corporate communications team told the San Antonio Business Journal, "Our Company is growing and is always attractive to investors and we have brought Morgan Stanley to help …

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Why Cisco isn't scared or Trump's tariffs

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Cisco ( CSCO ) executives aren't freaking out over President Trump's tariffs. " data-response time = "15"> Cisco (CSCO) executives aren't freaking out over President Trump's tariffs. "We've been preparing for the China tariffs, we've been doing three things , …

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Tattoo inks recalled after bacteria contamination, FDA says

Tattoo inks recalled after bacteria contamination, FDA says Updated: 1:47 PM CDT May 16, 2019 Six types of tattoo have been recalled because they are contaminated with bacteria, the Food and Drug Administration announced.Several products made by multiple manufacturers were contaminated with microorganisms that could cause serious injury and increased risk of infection during the tattoo process , the FDA …

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Does Aurora Cannabis Look Attractive After Its Earnings?

Is Aurora Cannabis attractive? Aurora Cannabis (ACB) is one of the top marijuana stocks for investors. The company posted its third-quarter earnings on May 14. The company delivered sequential net revenue growth of 20% to $ 65 million from $ 54 million in the previous quarter. Aurora Cannabis delivered net revenue growth of 305% YoY (year-over-year) from $ 16.1 million. …

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FCC may require carrier to block robocalls by default

FCC chairman Ajit Pai is preparing a new set of anti-robotic measures that the commission will vote on during its next public meeting on June 6. The ruling would be a carriers to make automatic call blocking and opt-out feature for customers rather than an opt-in feature. Pai has a couple of suggestions for filtering methods including one based off …

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Stanley Black & Decker announces North Texas plant, 500 jobs

(Photo: Big Stock Photo) Bigstock (Photo: Big Stock Photo) Latest Connecticut News (AP) – Toolmaker Stanley Black & Decker plans to open a manufacturing plant in North Texas and create about 500 jobs. The Connecticut-based company on Wednesday announced groundbreaking will take place this summer on the CRAFTSMAN plant in Fort Worth. [RelatedContent:StanleyBlack&DeckeropensManufactory40inHartford A Stanley Black & Decker statement says …

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Stocks make the biggest moves by hours: Agios, Farfetch, Cisco

Luxury fashion items are on the screen next to tablet devices at the launch of the pop-up exhibition Farfetch "Store of the Future" at the Design Museum in London, UK, Wednesday, April 12, 2017. Luke MacGregor | Bloomberg | Getty Images See the companies making headlines after the clock : The shares in Cisco Systems increased more than 2.5% in …

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