Explore

Welsh Carson-backed Lumexa Imaging raises $463 million in US IPO

Welsh Carson-backed Lumexa Imaging raises $463 million in US IPO

Dec 10 (Reuters) - Lumexa Imaging, one of the largest U.S. diagnostic imaging services providers, said on Wednesday it has raised $462.5 million in its initial public offering.

Raleigh construction firm Cardinal Infrastructure raises about $241.5 million in US IPO

Raleigh construction firm Cardinal Infrastructure raises about $241.5 million in US IPO

Dec 9 (Reuters) - Construction services provider Cardinal Infrastructure Group said on Tuesday it has raised about $241.5 million in its initial public offering in the United States.

GE Vernova hits record high on bullish 2026 revenue outlook, buyback boost

GE Vernova hits record high on bullish 2026 revenue outlook, buyback boost

By Yagnoseni Das Dec 10 (Reuters) - Shares of GE Vernova surged to a record high on Wednesday after the power-equipment maker forecast higher revenue for 2026 and raised its buyback program by $4 billion.

Lazard CEO says a Washington strategy now essential to get deals done

Lazard CEO says a Washington strategy now essential to get deals done

By Manya Saini and Tatiana Bautzer NEW YORK, Dec 10 (Reuters) - Lazard CEO Peter Orszag said on Wednesday dealmakers now need to have a Washington "White House or Cabinet-level strategy" to be able to complete transactions.

Brokerages stick with US rate cut forecasts despite Fed caution

Brokerages stick with US rate cut forecasts despite Fed caution

By Siddarth S Dec 11 (Reuters) - Most global brokerages predict the U.S. Federal Reserve will reduce interest rates by a cumulative 50 basis points over two cuts in 2026, reiterating their earlier position even as the central bank indicated that near-term cuts were unlikely.

Wall Street is flat as Exxon Mobil climbs and JPMorgan Chase drops

Wall Street is flat as Exxon Mobil climbs and JPMorgan Chase drops

U.S. stocks are drifting as Wall Street waits to hear what the Federal Reserve will say Wednesday about where interest rates are heading

Eli Lilly to build $6 billion Alabama plant as part of US manufacturing push

Eli Lilly to build $6 billion Alabama plant as part of US manufacturing push

Dec 9 (Reuters) - Eli Lilly said on Tuesday it will invest more than $6 billion in a new active drug ingredient manufacturing facility in Huntsville, Alabama, to expand U.S. production and bolster medicine supply chains.

Medical supply firm Medline targets $55 billion valuation in blockbuster IPO

Medical supply firm Medline targets $55 billion valuation in blockbuster IPO

Dec 8 (Reuters) - Medical supplies giant Medline said on Monday it was targeting an up to $55.3 billion valuation in its hotly anticipated U.S. initial public offering that is expected to be 2025's biggest IPO.

Construction tech firm EquipmentShare.com reveals revenue growth in US IPO paperwork

Construction tech firm EquipmentShare.com reveals revenue growth in US IPO paperwork

Dec 9 (Reuters) - Construction equipment rental provider EquipmentShare.com on Tuesday disclosed a rise in nine-month revenue in its paperwork for a U.S. initial public offering.

Tax firm Andersen targets $1.75 billion valuation in US IPO

Tax firm Andersen targets $1.75 billion valuation in US IPO

Dec 8 (Reuters) - Tax advisory firm Andersen Group said on Monday it was targeting a valuation of up to $1.75 billion in its initial public offering in the United States, as companies race to list before the window for fresh listings closes for the year.

KeyCorp CEO doubles down on share buybacks, rules out acquisitions

KeyCorp CEO doubles down on share buybacks, rules out acquisitions

By Manya Saini Dec 9 (Reuters) - U.S. regional lender KeyCorp is not looking to pursue acquisitions despite consolidation in the industry and will use its excess capital for share buybacks, CEO Chris Gorman said on Tuesday.

Wall Street edges back from its record heights

Wall Street edges back from its record heights

U.S. stocks are pulling away from their record heights