PNSN News

Penson Worldwide, which provides securities clearing and related services to broker/dealers and institutions, priced its IPO of 7.5 million shares at $17, the high end of its proposed $15 to $17 price range, on Tuesday night. Of the shares sold in the offering,...read more

Penson Worldwide, a provider of securities-processing infrastructure products and services, plans to offer 7.5 million shares (1.2 million insider shares) at a range of $15 to $17. Assuming the stock prices at the midpoint, the company will have an initial...read more

Penson Worldwide, a provider of a range of securities-processing infrastructure products and services to the securities and investment industry, plans to offer 6.25 million shares in its upcoming IPO. JPMorgan and Credit Suisse will lead manage the deal. A...read more

Penson Worldwide, a provider of a range of securities-processing infrastructure products and services to the securities and investment industry, registered for an initial public offering Wednesday afternoon. The company generated $116 million in total revenue...read more