Google Cuts Its IPO Price Range
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SAN JOSE, Calif. - In a sign that Google Inc.'s initial public offering will not be as hot or big as expected, the Internet search giant reduced the number of shares to be sold by insiders and slashed its estimated per-share price range...
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U.S. shares were expected to open lower on Wednesday after crude oil pushed to a fresh high overnight, while Web search engine Google Inc. dented sentiment as it slashed the price range on its initial public offering. In a statement posted on its IPO Web site, Google said it had cut the range on its IPO to &#36;85-&#36;95 per share from &#36;108-&#36;135 previously, a 26 percent reduction at the mid-point of the range.
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Aug. 19 (Bloomberg) -- James Huguet shunned Google Inc.&#39;s initial public offering when the company sought as much as $135 a share. The money manager was no more inclined to own the stock yesterday, when Google sold shares at $85.
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SAN JOSE, California - On the cusp of its voyage into public trading, Google's initial stock price was set at $85 and its market value calculated at $23 billion - less than originally expected, but still impressive for a 6-year-old dot-com dreamed up in a garage.    The final initial public offering price, set through an unorthodox auction that alienated many on Wall Street, means the stock will likely debut Thursday under the symbol "GOOG" on the Nasdaq Stock Market...
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As reports FinanceGates.com, the largest Web search engine Google Inc. is going to reach $1.67 billion in its initial public offering on Thursday selling 19.6 million shares at $85 each. Still, analysts consider shares to be overpriced.
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Google Inc.'s GOOG.O initial public offering of 19.6 million shares priced at &#36;85 each, the low end of their projected range, a source familiar with the auction said on Wednesday, raising &#36;1.67 billion and making it the fourth-largest U.S. IPO this year.
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Google Inc., the world&#39;s most popular Web search engine, slashed the price of its share offering Wednesday, as what had been touted as the hottest dot-com listing in years fell prey to worry about a slump in ...
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news analysis Google&#39;s decision to cut back its public offering by as much as 30 percent represents a stinging rebuke for a deal once heralded as a surefire windfall not only for the company but the technology industry at large.
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Google Inc. on Wednesday said it priced its long-awaited initial public offering at &#36;85 per share, far below initial expectations, ending a tumultuous process beset by poor market conditions and a series of missteps.
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MOUNTAIN VIEW, CALIF. - Google?s initial public offering could hit the Nasdaq Stock Market as early as Wednesday if US securities regulators let the Internet search engine close its auction on Tuesday.
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NetSuite has raised the estimated price range for its IPO (initial public offering) to $16 to $19, from the original $13 to $16.The company made the disclosure in a document filed Tuesday with the U.S. Securities and Exchange Commission.The company is&#160;following the lead of Google in conducting an online, auction-style IPO, instead of having underwriters set the price.&#160;The auction opened on Dec. 10&#160;and NetSuite said at the time it expects the stock&#39;s price to be finalized on Wednesday.NetSuite, which sells a line of hosted business software, is putting up 6.2 million shares of common stock. NetSuite expects to net about $98.4 million after expenses from the IPO, it said in the filing. That estimate assumes the stock will price at $17.50.NetSuite has said it plans to use money generated by the IPO to pay off an $8 million balance on a line of credit with Tako Ventures, an entity controlled by Oracle CEO Larry Ellison, and to possibly make acquisitions.Ellison controls about 60 percent of NetSuite&#39;s outstanding stock, which works out to about 31.9 million shares. He plans to put those shares into a &quot;lockbox&quot; limited-liability company, a move that would &quot;effectively eliminate&quot; his voting control and thereby avoid potential conflicts of interest, NetSuite has said.
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NEW YORK/SEATTLE  - Google Inc. shares jumped 18 percent in their long-awaited stock market debut on Thursday, after a scaled-down $1.67 billion IPO marked by missteps and lackluster market conditions.
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Aug. 19 (Bloomberg) -- Google Inc., the most-used Internet search engine, sold shares at $85 each in its initial public offering, the bottom of the range the company had suggested the stock would fetch in the biggest auction-style IPO.
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NEW YORK/SAN FRANCISCO  - Google Inc. GOOG.OQ on  Wednesday got the green light to go ahead with a downsized  version of its much-hyped initial public offering, meaning its  shares could trade on Nasdaq as early as Thursday.
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When investors heard that Google Inc. had cut the price range for shares in its closely watched initial public offering they said they took it in stride and did not make any massive last-minute adjustments.
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Google Inc.'s initial public offering took a major step forward as the company notified investors that Tuesday may be their last chance to submit, withdraw or change bids in the unusual $3 billion electronic auction for stock in the Internet giant. -The Washington Post
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GOOGLE, the web search engine, has slashed the price range on its eagerly awaited initial public offering to between £47 and £52 per share from £59 to £74 per share.