JPMorgan Chase to centralize energy controls for 4,500 branches
NEW YORK, June 28 JPMorgan Chase & Co is shifting control of heating, air-conditioning and lighting in 4,500 of its branches to an operations center hosted in the internet cloud.
April 9 Splunk Inc, which makes software that collects and indexes data, said it expects its initial public offering of 13.5 million shares to be priced between $8 and $10 apiece.
In a filing with the U.S. Securities and Exchange Commission, the company said it plans to sell about 12.5 million shares, with its selling stockholders offering the rest.
At the top of its expected price range, the company would have a market value of about $925.3 million.
Splunk's revenue has nearly doubled each year for the last five years, but the company has not posted a full-year profit in the period.
The company, which expects to list its stock on the Nasdaq under the symbol 'SPLK', is backed by private equity firms Sevin Rosen, August Capital and Ignition Partners.
As of Jan. 31, the company had over 3700 customers, including Autodesk, Bank of America, Comcast , Harvard University, Viacom and Zynga .
Morgan Stanley, Credit Suisse, J.P.Morgan, BofA Merrill Lynch are lead underwriters to the offering.
SINGAPORE, June 28 Oil price agency S&P Global Platts, a unit of S&P Global Inc, is proposing to remove restrictions it had placed on Qatari crude in its pricing assessment from July 3, a spokeswoman said on Wednesday.