On Thursday, May 23 executives and guests of Constellium N.V., a Netherlands-based global leader in the design and manufacture of specialty downstream aluminum products and solutions for the aerospace, packaging and automotive industries, will visit the New York Stock Exchange (NYSE) to celebrate the completion of the company’s initial public offering and first day of trading. Constellium N.V. began trading today on the NYSE and on NYSE Euronext Paris under the ticker symbol “CSTM”. In honor of the occasion, CEO Pierre Vareille, joined by the members of Constellium’s leadership team, will ring the NYSE Closing Bell.
About Constellium N.V.
Constellium is a global sector leader that develops innovative, value added aluminum products and solutions for a broad scope of markets and applications, including aerospace, automotive, packaging and industry. With around 8,900 employees Constellium generated €3.61 billion of revenue in 2012....
Executives and guests of Research Triangle Park, N.C.-based ChannelAdvisor, cloud-based e-commerce solutions that enable retailers and manufacturers to integrate, manage and optimize their merchandise sales across hundreds of online channels including Amazon, Google, eBay and Facebook, will visit the New York Stock Exchange (NYSE) to celebrate the company’s initial public offering. ChannelAdvisor will begin trading today on the NYSE under the ticker symbol “ECOM”.
In honor of the occasion, ChannelAdvisor Chief Executive Officer, Chairman of the Board and Co-Founder Scot Wingo, joined by members of the company’s management team, will ring the NYSE Opening Bell.
About ChannelAdvisor (NYSE: ECOM)
ChannelAdvisor is a leading provider of cloud-based e-commerce solutions that enable...
From The Trading Floor: A contraction in Chinese factory activity in addition to uncertainty about when the Federal Reserve will taper their bond purchases has the market trading in negative territory this morning as investors book profits.
Jobless Claims decreased by 23,000 to 340,000 in the week ending May 18th, a sign that the job market is maintaining recent gains.
U.S. March Home Price Index rises 1.3% vs. previous month
New Home Sales for April rose by 454,000 vs. March at 444,000
ChannelAdvisor (ECOM) rang the opening bell and went public on the NYSE this morning pricing 5.75 million shares at $14.00. The opening print was $17.60 on 579,842 shares.
Consumer sentiment advanced last week, a sign that the housing and stock markets are boosting investor’s outlook on the economy.
The Kansas City Fed Manufacturing Index is at 11:00
Ahead of the Bell: Dow futures are trading down 105 points and S&P futures are trading down 14 points on worries the Federal Reserve could taper its stimulus program and Chinese growth fears. In testimony before congress yesterday, Fed Chairman, Ben Bernanke said the central bank could scale back the pace of its bond purchasing as early as June if economic momentum was maintained. According to a preliminary survey, the flash HSBC Purchasing Managers' Index showed China's factory activity fell for the first time in seven months which renewed fears the economic recovery has stalled, as the second largest economy in the world might be heading for a sharper cooldown.
On the economic calendar today, jobless claims for the week ended 5/18 will be released before the market opens and 345K is expected, compared to 360K the week before. May PMI manufacturing data is due out before...
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