RingCentral Delivers a Hot-Shot IPO

Cloud business communications solutions provider RingCentral got off to a red-hot start on its first day as a publicly traded company.

Vodafone Dropping NYSE for Nasdaq Listing

Vodafone Group Plc (VOD), facing tougher competition from the pending merger of Orange and T-Mobile in the UK, is moving to the Nasdaq trading index to cut costs. The service provider expects to save about $400,000 per year in listing fees, a spokesman told Bloomberg. Vodafone, the world’s largest wireless operator, has been trading its American […]

FairPoint Could Get the Boot From NYSE

Shares of FairPoint Communications Inc. (FRP) had plunged 6.1 percent by early afternoon Tuesday on word the company risks being delisted from the New York Stock Exchange (NYSE). FairPoint’s stock has remained below the $1 minimum for 30 straight trading days. The New England LEC has said it’s working to realign its capital structure, a move […]

Virgin Mobile Holds Steady on the NYSE

Virgin Mobile USA Inc. were trading slightly above the target opening price of $15 per share on Friday, a day after the MVNO went public on the New York Stock Exchange. That share price was a little lower than the expected $15-$17 range. Virgin Mobile offered 27.5 million shares of Class A common stock; investors […]

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