Offerings

Herbalife Ltd. (NYSE: HLF) announced Monday that it has commenced a modified Dutch auction, a self-tender offer to purchase up to $600 million shares of its common stock using cash. The pricing was fixed between $60 and $68. The company also said, for each share tendered, shareholders would...

Genpact Limited (NYSE: G) announced Monday a secondary offering of 10 million shares by certain shareholders. These shareholders include entities affiliated with Bain Capital Investors and its co-investor GIC Private Ltd. The shares earmarked for sale represent about 15 percent of Genpact share...

Tesla Inc (NASDAQ: TSLA) has upped its recent bond offering to $1.8 billion to help fund the new Model 3 and other necessities. Initially, Tesla planned to raise $1.5 billion. Gene Munster of Loup Ventures made sure to note that Tesla was not raising capital to fund the Model 3, but instead is...

Some of the stocks that may grab investor focus today are: Wall Street expects FedEx Corporation (NYSE: FDX) to post quarterly earnings at $3.86 per share on revenue of $15.54 billion after the closing bell. FedEx shares rose 0.11 percent to $211.19 in after-hours trading. Analysts are...

Tesla Inc (NASDAQ: TSLA) is being handed a near monopolistic opportunity to gain market share in the automotive industry, according to a Berenberg research report. “Despite more talk of developing electric vehicles (EVs) for mass-market adoption, a lack of real action and strategic...

Wall Street wasn't too thrilled by Corium International Inc (NASDAQ: CORI)'s common stock offering. Corium offered 5.6 million shares priced at $6.25 per share and expected gross proceeds of about $35 million. Also revealed Thursday morning, Perceptive Advisors purchased nearly 2 million...