The KUIK Closing Market Report for Tuesday, September 3: |
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Markets finished up. |
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Direction |
Change |
Units |
Last |
Time |
Change |
|
Dow |
Up |
24 |
points |
14,810 |
2:21 PM |
|
|
S&P500 |
Up |
0.42% |
percent |
1,640 |
|
6.80 |
|
Nasdaq Composite |
Up |
0.63% |
percent |
3,613 |
|
22.74 |
|
30 Year Treasury |
Up |
10 |
Basis Points |
3.78 |
Annual Yield |
|
|
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LinkedIn announce it will issue a public offering of $1 billion worth of shares of its Class A common stock. The professional social network said the offering is meant “to increase LinkedIn’s financial flexbility and to further strengthen its balance sheet.” the proceeds will be used for “general corporate purposes,” |
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Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. |
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http://www.marketwatch.com/story/linkedin-to-offer-1b-in-secondary-offering-2013-09-03?dist=markets |
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For today’s Closing Market Report click to listen-> |
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