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U.S. IPO boom braves market volatility

Weeks of stock market volatility have done little to dent the record-setting pace of U.S. initial public offerings, with capital market insiders forecasting a strong finish to the year and a robust pipeline of listings in 2022.

SoftBank bets on crypto analytics firm Elliptic in $60 mln funding round

Cryptocurrency researcher Elliptic has raised $60 million from investors including SoftBank and Wells Fargo's venture capital arm, the startup said on Monday, as more mainstream investors bet on the blockchain analytics sector.

Personal finance firm NerdWallet reveals jump in revenue in IPO filing

NerdWallet Inc on Friday made public its paperwork for a U.S. initial public offering that showed a more than 32% jump in revenue for the consumer financial advice website.

Sachem Head owns US Foods stake, plans to push for changes

Investment firm Sachem Head Capital Management LP said on Thursday that it owns a stake in US Foods Holding Corp and plans to push for changes at the food service company.

U.S. banks expected to report mixed Q3 results, iffy loan outlook

The largest U.S. lenders are expected to report moderately higher third-quarter profits next week as pandemic-related accounting adjustments that had doubled their earnings earlier this year taper off and business starts to return to normal.

SoftBank-backed Banco Inter hires banks for U.S. listing, shares rise

Brazilian digital bank Banco Inter has hired banks to manage a listing in the United States, itsaid in a securities filing, sending its shares higheron Thursday.

Bank of America raises U.S. minimum hourly wage to $21

Bank of America Corp said on Wednesday it had raised its U.S. minimum hourly wage to $21, as it works to keep its promise of increasing the pay to $25 an hour by 2025.

Starboard's Smith unveils Colfax stake, talks Huntsman, Elanco

Activist investment firm Starboard Value on Wednesday said it owns a stake in Colfax Corp and said the industrial equipment maker is undervalued.

Starboard's Smith says firm has position in Colfax

Activist investment firm Starboard Value has taken a new position in Colfax Corp and its founder, Jeffrey Smith, called the company undervalued.

Fund giant Fidelity putting 'money to work' in China after rout

Fund giant Fidelity is putting money back into Chinese stocks and thinks the recent "indiscriminate" selling caused by the debt crisis at property giant Evergrande is presenting opportunities in the country's beaten up bond markets.