Bankers responsible for floating companies and selling new shares into the market will enjoy a well-earned rest this Christmas after their busiest year since 2007, having notched up business worth almost $865 billion in the last 12 months.Firms flocked to issue shares in 2014 and private equity firms seized the opportunity to sell out of investments, cashing in on renewed confidence in the stock market and investors' hunger for yields at a time of rock-bottom interest rates.Even with jitters that unsettled some European sales in the autumn, market debuts globally rose almost 50 percent, according to Thomson Reuters data published on Tuesday.Tuesday's data showed the U.S. market was among the most successful for new issues, thanks in part to the record-breaking listing of Chinese online retailer Alibaba in September, the largest to date.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.47% or $0.19/share to $40.42. In the past year, the shares have traded as low as $33.21 and as high as $40.66. On average, 795491 shares of TRI exchange hands on a given day and today's volume is recorded at 689036.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.94% or $0.44/share to $47.08. In the past year, the shares have traded as low as $36.86 and as high as $46.96. On average, 780449 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 546430.
Source
