Overall new corporate share offerings, which include follow-on, convertible and initial public offerings, soared to $48.6 billion for the month, the most in a month since March 2015, according to TrimTabs Investment research data.“New offerings skyrocketed in September, suggesting U.S. companies are trying to take advantage of lofty market average before there is a more dramatic slowdown in the equity markets or the economy,” TrimTabs said in a research report to clients.
September also marked the sixth month this year that insider selling has topped $10 billion, which is already the most months to cross above that 8-figure threshold in a year since 2006, TrimTabs said. “U.S. companies committed very little cash to shrink the float in the third quarter,” TrimTabs said. “While there are seasonal factors that influence this, there has also been some softening in economic data, and the threat of a global slowdown to cash a shadow over future business conditions.”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Schwab to drop commissions on U.S. stock, ETF and options trades, slamming online broker stocksCharles Schwab Corp. shares fell sharply in premarket trade Tuesday, after the company said it is planning to drop commission on U.s. stocks, ETFs and...
Source: MarketWatch - 🏆 3. / 97 Read more »
Kyle Bass says investments in Chinese firms are not safe: 'Imagine what kind of fraud is behind these companies'“Forget about delisting. We should deregister these securities.” Hayman Capital Management founder Kyle Bass says that Chinese companies should have to adhere to U.S. standards to raise money in the U.S. The momentum is building, keep up the good work Kyle. America first should mean don't buy Chinese (except takeaways) commonsense All publicly traded companies in the US should provide full financial transparency, i.e., 10-Q’s, 10-K, 8-K’s on time unless an NT is filed. If that’s too much to ask of public companies selling shares to the public, stay private.
Source: CNBC - 🏆 12. / 72 Read more »
ConEd CEO explains how utility stocks react to interest rates — It's 'a knife that cuts both ways'Consolidated Edison CEO John McAvoy tells Jim Cramer how utility stocks are related to the bond market and where the company is investing in renewable energy. Our mission at is to build the social media platform that ends fake news
Source: CNBC - 🏆 12. / 72 Read more »