- Santander Consumer USA (SC) - the American lending unit of Banco Santander (SAN) - priced the offering last night at $24 per share, reports the NYT, the top end of the previously expected $22-$24 range (which had been bumped to $24-$25 yesterday).
- The company's P-E investors - including KKR, Robers, Centerbridge, and Warburg Pincus - plan to sell about 75M shares, up from previous estimates of 65M.
- Santander will allow small investors the chance to invest through Loyal3 - an online startup allowing individuals to invest as little as $10 per month to purchase stock.
- BTIG's Mark Palmer initiates the stock with a Buy rating and $31 price target, based on 12x his expected 2014 EPS.
From other sites
at Nasdaq.com (Mar 25, 2015)
at Nasdaq.com (Feb 24, 2015)
at Nasdaq.com (Jan 22, 2015)
at CNBC.com (Oct 1, 2014)
at CNBC.com (Jun 16, 2014)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs