Wednesday, April 16, 2008

Record IPO cancellations as stocks fall

(LONDON) A record number of companies cancelled initial public offerings (IPOs) in the first quarter as stock markets fell and concerns about a recession sapped demand for new shares, a survey by Ernst & Young said.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,275259,00.html?

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