Ipo | featured news

Professional networking website LinkedIn Corp. plans to sell shares to investors for $32 to $35 each in an initial public offering, one of the first for a major U.S. social networking site.

Chinese social-networking Web site Renren sold shares in its IPO at $14 apiece.

Shanghai Pharmaceuticals is seeking to raise up to US$2.22 billion in an initial public offering on the Hong Kong stock exchange on May 20.

Instead of seeking another round of financing, Yelp is considering an IPO. After announcing in 2010 that Yelp would not likely go public for several years, CEO Jeremy Stoppelman told the Wall Street Journal on Tuesday that the company had put an IPO back on the table.

Groupon is expected to pick Goldman Sachs and Morgan Stanley as its two lead underwriters for an IPO planned later this year. The IPO is expected to value the Chicago company at between $15 billion and $20 billion, these people said. The valuation could change depending on market conditions at the time of the IPO.

Zipcar Inc., the car-sharing company that rents rides for as little as an hour, is expected to get a warm reception from Wall Street for its planned initial public offering this week.

The company behind the Angry Birds mobile phone game sensation wants to list on the stock market.

For a company on the brink of a $15 billion IPO, Groupon is still awfully young. A 30-second spot during the Super Bowl was likely the first exposure many viewers had to the company, which offers bulk discounts online.

LinkedIn Corp., the company behind the largest website for professional networking, plans to raise at least $175 million in an initial public offering of stock that could open the IPO floodgates for other widely used online services that connect people with common interests....

Consumer-behavior specialist Nielsen Holdings rose nearly 8% on its first trade as a public company. Shares priced above the expected range in the biggest private-equity backed deal to hit the U.S. in nearly four years.