initial public offerings (IPOs) trading on American exchanges

Thursday, August 12, 2010

MakeMyTrip Ltd. (MMYT) started trading on the NASDAQ




MakeMyTrip Limited is an online travel company in India. The Company conducts its business principally through its Indian subsidiary, MakeMyTrip (India) Private Limited (MMT) India. Through its primary Website, www.makemytrip.com, and other platforms, travelers can research, plan and book a range of travel services and products in India, as well as overseas. Its services and products include air tickets, hotels, packages, rail tickets, bus tickets, car hire and ancillary travel requirements, such as facilitating access to travel insurance. The Company provides its customers with access to all major domestic full-service and low-cost airlines operating in India and all major airlines operating to and from India, over 4,000 hotels in India and a selection of hotels outside India, Indian Railways and several major Indian bus operators.

Friday, August 6, 2010

NXP Semiconductors NV (NXPI) started trading on the NASDAQ




NXP Semiconductors N.V. (NXP) is a global semiconductor company and a supplier. The Company provides High-Performance Mixed-Signal and Standard Products solutions. NXP’s product solutions are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. It is engaged with original equipment manufacturers (OEMs) worldwide and over 58% of its sales are derived from Asia Pacific (excluding Japan).

The Company operates in four segments: High- Performance Mixed-Signal, Standard Products, Manufacturing Operations and Corporate and Other. On February 23, 2010, NXP acquired the 50% stake owned by Sony Corporation (Sony) in Moversa GmbH (Moversa), and merged Moversa with its subsidiary NXP Semiconductors Austria GmbH. On February 8, 2010, Trident Microsystems, Inc. (Trident) completed its acquisition of its television systems and set-top box business lines. As a result of the transaction, NXP owns 60% of Trident.

Tuesday, August 3, 2010

Glossary

  • IPO -- The initial public offering (IPO) is the first sale of a stock by a private company to the public. IPOs are generally used by smaller companies raising capital to expand, but can be done by large private companies who want to be publicly traded.