Streaming device maker Roku has filed for an initial public offering at a proposed maximum offering price of US$100 million. Loss-making Roku filed a registration statement with the US Securities and Exchange Commission on Friday, but said that the number of shares to be offered and the price range for the proposed offering have not […]
Swedish cable operator Com Hem has unveiled plans to raise about SEK5.5 billion (US$832.7 million) through an IPO on the Stockholm stock exchange. Com Hem said the goal of the offering is to reduce the company’s debt levels and provide additional financial flexibility. The company aims to reduce its net leverage to about 4.15 times […]
Netflix’s potential US market could extend well beyond the 40 or 50 million households that some investors believe will mark the limits of its reach, according to Morgan Stanley. Raising its share price target from US$270 to US$314 and reiterating its overweight rating on Netflix stock, the investment bank said that continued innovation in internet-connected […]
