Vedanta Resources plans to raise $500 million to refinance costly debt
The senior notes, issued via Vedanta Resources Finance II, will be guaranteed by parent VRL and subsidiaries including Twin Star Holdings, Welter Trading, and Vedanta Holdings Mauritius II. The deal, launched under Rule 144A/Reg S, is expected to be priced as early as September 30 with preliminary ratings of B2 (Moody’s) and B+ (Fitch), and […]
Jennifer Garner’s baby food company Once Upon a Farm files for IPO on NYSE
Jennifer Garner’s baby food company Once Upon a Farm files for IPO.
Wealthfront files for IPO, joining wave of fintech firms going public in 2025
Wealthfront, the startup that helped popularize the robo-advisor style of automated investing, filed for a U.S. initial public offering Monday.
Odds of a government shutdown rise to 70% in prediction markets
Users on Kalshi and Polymarket upped their bets on a government closure after the Labor Department said it won’t release a key jobs report in a shutdown.
Startup founder Charlie Javice to be sentenced for defrauding JPMorgan Chase
Charlie Javice, founder of college financial aid platform Frank, was arrested in 2023 on charges she defrauded JPMorgan Chase in the sale of the fintech firm.
Why an analyst downgrade of Wells Fargo does not change our conviction in the stock
Morgan Stanley analysts cut Wells Fargo to a hold-equivalent rating from a buy Monday, citing limited upside ahead for shares.
A possible risk to markets from a shutdown getting chatter on trading floors
Wall Street is questioning some of the tail risk from a government shutdown and how it might differ from what’s happened in prior closures.
Stocks making the biggest moves midday: CSX, Electronic Arts, Pony AI, Merus & more
These are the stocks posting the largest moves midday.
Stocks making the biggest premarket moves: Electronic Arts, Novo Nordisk, Lam Research, Oracle & more
These are the stocks posting the largest moves in premarket trading.
Dhariwal Buildtech files draft papers for Rs 950 cr IPO
Infrastructure construction company Dhariwal Buildtech Ltd has filed draft papers for a Rs 950 crore Initial Public Offering, comprising entirely a fresh issue. Proceeds will fund equipment purchases, debt repayment for the company and its subsidiaries, and general corporate purposes. The firm, with a Rs 4,767 crore order book, reported Rs 1,153 crore revenue and […]
