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Dow Jones

Business & Lifestyle

Dow survives early losses to close up 260 points

NEW YORK (UPI) -- The Dow Jones ended with a second consecutive day of gains after a roller coaster session that saw it drop more than 600 points Thursday. At its lowest point of the day, the Dow Jones was down 611 points, before rallying back to close up 260.37, or 1.14 percent, to 23,138.82 at the end of trading. The S&P 500 fell as much as 2.8 percent, while the Nasdaq dropped 3.3 percent, but each closed the day […]

todayDecember 27, 2018 34

Business & Lifestyle

Dropbox confidentially files for IPO

SAN FRANCISCO (UPI) -- File-storage company Dropbox confidentially filed for a U.S. initial public offering Thursday, people familiar with the matter said. The company, valued at $10 billion, is expected to make the public offering led by Goldman Sachs Group Inc. and JPMorgan Chase & Co. in the first half of this year, Bloomberg reported. Non-public filings have occurred more often since July, when the U.S. Securities and Exchange Commission began allowing all companies to file early IPO documents confidentially. A total of 26 U.S. […]

todayJanuary 11, 2018 41

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