IPOs

Tencent eyes Warner Music stake

Tencent Holdings Ltd. is in discussions to buy a stake in Warner Music Group as part of the record company’s initial public offering, a key test for a new-issue market that has been hobbled by the coronavirus pandemic.

Warner Music kicks off $1.8B Nasdaq IPO

The recording label, home to artists including Cardi B, Ed Sheeran and Bruno Mars, expects its offering of 70 million shares to be priced between $23 and $26 per share.

Warner Music IPO coming despite coronavirus

Warner Music announced that it had been approved to list its Class A common stock under the symbol "WMG," hinting at what could be a rare initial public offering after the coronavirus outbreak forced a number of companies to put their plans on hold.

When will NYSE reopen?

FOX Business' Charlie Gasparino discusses the New York Stock Exchange and later says municipal bond investors are doubting Illinois can sell debt amid the fiscal calamity.