NEW YORK - With the broad S&P 500 Index gliding once again into uncharted territory and posting four straight weeks of gains, the talk of Wall Street's rally inevitably hitting a ceiling is starting to get old.
LONDON - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.
Envivio revives IPO plans, to sell more shares
(Reuters) - Video delivery company Envivio Inc, which postponed its initial public offering last year due to uncertain market conditions, said it now expects to price its upsized offering of 7.8 million shares at $10 to $12 each.
The company had expected to sell 6 million shares at $10 to $12 each last June, before turbulent market conditions made several companies hold back their attempts to go public.
At the top end of its range, Envivio will raise $93.6 million in the offering. It had earlier expected to raise $72 million.
Envivio, which helps telecom operators and cable companies deliver high-quality video to consumers, also added Goldman Sachs and Deutsche Bank Securities to its list of underwriters.
Several companies unveiled their expected IPO terms this week, including data analytics company Splunk Inc, making April a likely busy month for public offerings.
(Reporting by Jochelle Mendonca in Bangalore; Editing by Supriya Kurane)
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