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Renaissance IPO Index - Notice of March 2015 Quarterly Changes

ZTS

The Renaissance IPO Index (Ticker: IPOUSA), the underlying index for the Renaissance IPO ETF (Ticker: IPO), will implement the following constituent changes at the market’s close on Friday, March 20, 2015: Additions: Juno Therapeutics Shell Midstream Partners LP Cnova N.V. Removals: Zoetis Norwegian Cruise Line Pinnacle Foods Bright...read more

US IPO Weekly Recap: Boots, barrels and busts

Four IPOs raised $1.2 billion during the past week, the third week in a row with five or less. Year-to-date, the IPO market has seen 235 initial public offerings raise $75 billion. The week's energy, health care, finance and consumer IPOs saw moderate returns, led by the year's largest and best-performing MLP, Shell Midstream Partners LP, which upsized its $920 million offering and...read more

Shell Midstream Partners prices upsized IPO above the range at $23

Shell Midstream Partners LP, a Shell-backed MLP that owns crude oil and refined products pipelines, raised $920 million in an upsized IPO by offering 40 million shares at $23, above the range of $19 to $21. Shell Midstream Partners LP plans to list on the NYSE under the symbol SHLX. Barclays, Citi, Morgan Stanley and UBS Investment Bank acted as lead managers on the deal....read more

Week Ahead: 3 IPOs planned for the week of October 27 include boots, breast implants and pipelines

Just three deals are on the IPO calendar for the week of October 27, with total proceeds expected to reach $900 million. Last week saw ...read more