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Bloomberg9d agoneutral
China Memory Champion CXMT Set to Debut After $9.8 Billion IPO

(Bloomberg) -- CXMT Corp. is set to begin trading in Shanghai on Monday after raising 66.6 billion yuan ($9.8 billion) in the second-largest initial public offering in China’s history, with potential for a first-day gain that would make it the largest company in the country.Most Read from BloombergDeepSeek Said to Tell Backers of Funding Pause After Viral PostsSpaceX at $100 Would Imply Zero AI Value, Morgan Stanley SaysUS, Iran Extend Pause in Strikes as Oman Holds Hormuz TalksTrump Seethes as

Investing.com10d agoneutral
CXMT set for historic Shanghai debut after $9.8 billion IPO

Investing.com -- Chinese memory-chip maker CXMT Corp. could become the mainland’s most valuable listed company shortly after its Shanghai debut, following a heavily oversubscribed 66.6 billion yuan ($9.8 billion) initial public offering, Bloomberg reported.

BNSF: New UP-CN deal ‘undermines’ case for merger
FreightWaves12d agoneutral
BNSF: New UP-CN deal ‘undermines’ case for merger

A deal by Union Pacific to win over a key competitor for its merger with Norfolk Southern actually undermines its proposal, says BNSF The post BNSF: New UP-CN deal ‘undermines’ case for merger appeared first on FreightWaves.

Starbucks CEO silently repeats Chipotle's playbook
TheStreet12d agoneutral
Starbucks CEO silently repeats Chipotle's playbook

Starbucks CEO Brian Niccol built his reputation at Chipotle Mexican Grill by following one formula: fix operations, rebuild customer traffic, and wait for margins to follow. That playbook produced a stock return of more than 770% during a six-year tenure that more than doubled annual revenue and ...