IPOs

Teens Love Snapchat But What About Adults?

It no surprise that Snapchat—the photo/video sharing mobile app—is marketing gold for teenagers but as the company is set to debut on Wall Street’s biggest stage on Thursday—the big question for investors is can they gain ground with the 30 + crowd.

Carl Icahn boosts stake in Dell IPO standoff

Dell said earlier this month that it had met with some investment banks to explore an initial public offering if its plan to buy the tracking stock of VMware falls through.

Biopharmaceutical company fined for misleading investors

A Colorado-based biopharmaceutical company has been penalized more than $20 million for misleading investors about the efficacy of a lung cancer drug under development before raising $300 million in a public stock offering.