Twitter, Inc. (TWTR) PT Raised to $50 at Argus; Will Join S&P 500

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Twitter, Inc. Announces $1.0 Billion Convertible Notes Offering

June 6, 2018 7:00 AM EDT

SAN FRANCISCO, June 6, 2018 /PRNewswire/ -- Twitter, Inc. (NYSE: TWTR) today announced its intention to offer, subject to market conditions and other factors, $1.0 billion aggregate principal amount of convertible senior notes due in 2024 (the "notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Act"). Twitter also expects to grant the initial purchasers of the notes a 30-day option to purchase up to an additional $150.0 million aggregate principal amount of the notes, to cover over-allotments, if any.

The notes... More

Netflix Set to Join S&P 100; Twitter to Join S&P 500; REGENXBIO to Join S&P SmallCap 600

June 4, 2018 6:03 PM EDT

NEW YORK, June 4, 2018 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 100, S&P 500 and S&P SmallCap 600 effective prior to the open of trading on Thursday, June 7:

Netflix Inc. (NASD: NFLX) will replace Monsanto Company (NYSE: MON) in the S&P 100, and Twitter Inc. (NYSE: TWTR) will replace Monsanto in the S&P 500. Bayer Aktiengesellschaft is acquiring Monsanto in a deal expected to be completed soon... More