Pivotal Software (PVTL) IPO Opens 12% Higher

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General Electric (GE) PT Lowered to $14 at Daiwa Securities Following 1Q

April 23, 2018 11:12 AM EDT

Daiwa Securities lowered its price target on General Electric (NYSE: GE) to $14.00 (from $17.00) while maintaining a Neutral rating following the company's 1Q earnings report. GE reported EPS of $0.16, significantly above $0.11 consensus expectations. The upside was led by better than expected margin performance at the Aviation &... More

Pivotal Software, Inc. (PVTL) Prices 37M Share IPO at $15/Sh

April 20, 2018 5:36 AM EDT

Pivotal Software, Inc. (NYSE: PVTL) today announced the pricing of its initial public offering of 37,000,000 shares of its Class A common stock at a price to the public of $15.00 per share. Pivotal is offering 33,117,000 shares of its Class A common stock and General Electric, the selling... More