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evwaeng
evwaeng
·
2021-07-09
damnnnnnnn
Aflac's duck commercials 'doubled its business in three years': CEO
Despite their mundane product, insurance commercials have become one of the wackiest parts of almost
Aflac's duck commercials 'doubled its business in three years': CEO
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evwaeng
evwaeng
·
2021-07-07
impressive
Phillips Edison targets over $3 bln valuation in U.S. IPO
July 7 (Reuters) - Phillips Edison & Company Inc, which owns and operates omnichannel shopping cente
Phillips Edison targets over $3 bln valuation in U.S. IPO
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evwaeng
evwaeng
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2021-07-07
vaccine mkt saturated
COVID-19 vaccine vial maker Stevanato eyes $7 bln valuation in U.S. IPO
July 7 (Reuters) - Italy's Stevanato Group S.p.A., a maker of glass vials for COVID-19 vaccine and o
COVID-19 vaccine vial maker Stevanato eyes $7 bln valuation in U.S. IPO
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evwaeng
evwaeng
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2021-07-07
upup its going up
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Phoenix Suns star Chris Paul turns into a basketball for State Farm, cave men hawk Geico, and Progressive's (PGR) long-running character Flo does absolutely nothing.</p>\n<p>The sector's unlikely penchant for jokes owes in large part to the Aflac (AFL) duck, which made its debut more than 21 years ago and almost immediately transformed the fortunes of the company. But the ad campaign almost never happened.</p>\n<p>Aflac CEO Dan Amos tells Yahoo Finance in a recent interview that he was \"very reluctant\" to go forward with the ad because it risked making light of the company's name. But the ad made Aflac a household name, exploded sales, and was soon released by the company's Japan operation to similar effect, he said.</p>\n<p>\"The advertising agency that we had was sitting on a park bench in New York City, and heard the ducks quacking, and <a href=\"https://laohu8.com/S/AONE.U\">one</a> of them said, 'That is what we need to go for,'\" Amos said. \"I said that I would never do it — at that time you didn't have the Geico ads, you didn't have all of the other ads.\".</p>\n<p>\"We took a big chance making fun of our name, because you're not just doing it, you're actually making fun of your name,\"he says. \"And yet, it forever changed our life and doubled our business in three years in the U.S.\"</p>\n<p>The duck even got the job over actor Ray Romano, then a major TV star on \"Everybody Loves Raymond,\" who taped a test commercial with Aflac.</p>\n<p>\"It tested an 18 — 50% better than anything we had ever tested,\" Amos says. \"The Aflac Duck tested a 27. Three, almost two and a half times better. So which one do you go with?\"</p>\n<p>While Geico's gecko may not have been on screens when Aflac designed its duck, the gecko was the first to be released into the wilderness. It made its television debut in 1999, and the Aflac duck followed soon after on Jan. 1, 2000.</p>\n<p>\"It was Y2K and we thought we were gonna have all these problems,\" he adds. \"So we had all these ads that we had booked on CNN, and other places to be ready for it.\"</p>\n<p>\"Well, then when there were no problems, [and] they didn't have anything to talk about with the news. So our commercials ran over and over and over again. And overnight, we realized that we had a hit. We actually had more hits on the internet the first week than we had the entire year before,\" he says.</p>\n<p>Over the next 14 years, Aflac's brand recognition leapt from 11% to 94%, making it one of the most well-known companies in the world, Aflac says. From January 2001 to January 2014, Aflac's stock rose 85%, far-outpacing the S&P 500 (^GSPC), which rose 35% over that same period.</p>\n<p>Initially, the voice behind the duck was longtime comedian Gilbert Gottfried. But the company fired Gottfried in 2011, after he tweeted a series of insensitive jokes about a tsunami that struck Japan, where Aflac operates a significant portion of its business. He was replaced with Daniel McKeague, a sales manager from Minnesota.</p>\n<p><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-07/569a1db0-e023-11eb-b76f-e5474873c9a8\" tg-width=\"4520\" tg-height=\"3165\" referrerpolicy=\"no-referrer\">NEW YORK, NY - JANUARY 25: Aflac Duck attends 2018 Billboard Power 100 List at Nobu 57 on January 25, 2018 in New York City. (Photo by John Lamparski/WireImage)John Lamparski via Getty Images</p>\n<p>Amos, whose father Paul Amos co-founded Aflac, began at the company in 1973 as a regional sales director. In the ensuing years, he climbed the ranks as president and then CEO. In 2001, he was also named the company's chair.</p>\n<p>Speaking to Yahoo Finance, Amos explained how the company adapted the duck for a Japanese audience, changing the premise of the sketch and even the volume of the quack. The company also has become well known in Japan since the duck ad launched there in 2003, Amos said.</p>\n<p>\"They used a softer duck because they don't like loud noises in Japan,\" he says. \"So we turned around and made it the Japanese style and it took off.\"</p>\n<p>\"Today, our name recognition is even higher in Japan than it is in the U.S.,\" he adds.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Aflac's duck commercials 'doubled its business in three years': CEO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAflac's duck commercials 'doubled its business in three years': CEO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 21:16 GMT+8 <a href=https://finance.yahoo.com/news/how-aflacs-duck-commercials-doubled-its-business-in-three-years-ceo-131656538.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Despite their mundane product, insurance commercials have become one of the wackiest parts of almost any TV ad break. Phoenix Suns star Chris Paul turns into a basketball for State Farm, cave men hawk...</p>\n\n<a href=\"https://finance.yahoo.com/news/how-aflacs-duck-commercials-doubled-its-business-in-three-years-ceo-131656538.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/how-aflacs-duck-commercials-doubled-its-business-in-three-years-ceo-131656538.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2150727413","content_text":"Despite their mundane product, insurance commercials have become one of the wackiest parts of almost any TV ad break. Phoenix Suns star Chris Paul turns into a basketball for State Farm, cave men hawk Geico, and Progressive's (PGR) long-running character Flo does absolutely nothing.\nThe sector's unlikely penchant for jokes owes in large part to the Aflac (AFL) duck, which made its debut more than 21 years ago and almost immediately transformed the fortunes of the company. But the ad campaign almost never happened.\nAflac CEO Dan Amos tells Yahoo Finance in a recent interview that he was \"very reluctant\" to go forward with the ad because it risked making light of the company's name. But the ad made Aflac a household name, exploded sales, and was soon released by the company's Japan operation to similar effect, he said.\n\"The advertising agency that we had was sitting on a park bench in New York City, and heard the ducks quacking, and one of them said, 'That is what we need to go for,'\" Amos said. \"I said that I would never do it — at that time you didn't have the Geico ads, you didn't have all of the other ads.\".\n\"We took a big chance making fun of our name, because you're not just doing it, you're actually making fun of your name,\"he says. \"And yet, it forever changed our life and doubled our business in three years in the U.S.\"\nThe duck even got the job over actor Ray Romano, then a major TV star on \"Everybody Loves Raymond,\" who taped a test commercial with Aflac.\n\"It tested an 18 — 50% better than anything we had ever tested,\" Amos says. \"The Aflac Duck tested a 27. Three, almost two and a half times better. So which one do you go with?\"\nWhile Geico's gecko may not have been on screens when Aflac designed its duck, the gecko was the first to be released into the wilderness. It made its television debut in 1999, and the Aflac duck followed soon after on Jan. 1, 2000.\n\"It was Y2K and we thought we were gonna have all these problems,\" he adds. \"So we had all these ads that we had booked on CNN, and other places to be ready for it.\"\n\"Well, then when there were no problems, [and] they didn't have anything to talk about with the news. So our commercials ran over and over and over again. And overnight, we realized that we had a hit. We actually had more hits on the internet the first week than we had the entire year before,\" he says.\nOver the next 14 years, Aflac's brand recognition leapt from 11% to 94%, making it one of the most well-known companies in the world, Aflac says. From January 2001 to January 2014, Aflac's stock rose 85%, far-outpacing the S&P 500 (^GSPC), which rose 35% over that same period.\nInitially, the voice behind the duck was longtime comedian Gilbert Gottfried. But the company fired Gottfried in 2011, after he tweeted a series of insensitive jokes about a tsunami that struck Japan, where Aflac operates a significant portion of its business. He was replaced with Daniel McKeague, a sales manager from Minnesota.\nNEW YORK, NY - JANUARY 25: Aflac Duck attends 2018 Billboard Power 100 List at Nobu 57 on January 25, 2018 in New York City. (Photo by John Lamparski/WireImage)John Lamparski via Getty Images\nAmos, whose father Paul Amos co-founded Aflac, began at the company in 1973 as a regional sales director. In the ensuing years, he climbed the ranks as president and then CEO. In 2001, he was also named the company's chair.\nSpeaking to Yahoo Finance, Amos explained how the company adapted the duck for a Japanese audience, changing the premise of the sketch and even the volume of the quack. The company also has become well known in Japan since the duck ad launched there in 2003, Amos said.\n\"They used a softer duck because they don't like loud noises in Japan,\" he says. \"So we turned around and made it the Japanese style and it took off.\"\n\"Today, our name recognition is even higher in Japan than it is in the U.S.,\" he adds.","news_type":1,"symbols_score_info":{"AFL":0.9}},"isVote":1,"tweetType":1,"viewCount":646,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140470879,"gmtCreate":1625670544091,"gmtModify":1633938487629,"author":{"id":"3570269548399266","authorId":"3570269548399266","name":"evwaeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570269548399266","authorIdStr":"3570269548399266"},"themes":[],"htmlText":"impressive ","listText":"impressive ","text":"impressive","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/140470879","repostId":"2149313387","repostType":4,"repost":{"id":"2149313387","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1625669529,"share":"https://ttm.financial/m/news/2149313387?lang=&edition=full","pubTime":"2021-07-07 22:52","market":"us","language":"en","title":"Phillips Edison targets over $3 bln valuation in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2149313387","media":"Reuters","summary":"July 7 (Reuters) - Phillips Edison & Company Inc, which owns and operates omnichannel shopping cente","content":"<p>July 7 (Reuters) - Phillips Edison & Company Inc, which owns and operates omnichannel shopping centers, is aiming for a valuation of about up to $3.4 billion, according to a regulatory filing on Wednesday.</p>\n<p>The company, which manages more than 300 shopping centers of which 278 are wholly owned by the company, plans to sell 17 million shares priced at between $28 and $31 per share, raising about $527 million.</p>\n<p>Adjusting for a <a href=\"https://laohu8.com/S/AONE\">one</a>-for-three reverse stock split that was executed on July 2, 2021, the IPO price would be expected to be between $9.33 and $10.33 per share, the company said.</p>\n<p>Phillips Edison has 5,500 tenants including Trader Joe's, Walmart , Walgreens , Starbucks , Burger King and T.J. Maxx.</p>\n<p>Phillips Edison purchased its first shopping center in Danville, Virginia in the early 1990s.</p>\n<p>The company in its present form was born after Phillips Edison Grocery Center REIT I Inc acquired Phillips Edison Limited Partnership's real estate assets and asset management business in 2017.</p>\n<p><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, BofA Securities and J.P. Morgan are the lead joint book-running managers for the offering. The company will be listed under the ticker symbol \"PECO\" on the Nasdaq after the offering.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Phillips Edison targets over $3 bln valuation in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPhillips Edison targets over $3 bln valuation in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-07 22:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>July 7 (Reuters) - Phillips Edison & Company Inc, which owns and operates omnichannel shopping centers, is aiming for a valuation of about up to $3.4 billion, according to a regulatory filing on Wednesday.</p>\n<p>The company, which manages more than 300 shopping centers of which 278 are wholly owned by the company, plans to sell 17 million shares priced at between $28 and $31 per share, raising about $527 million.</p>\n<p>Adjusting for a <a href=\"https://laohu8.com/S/AONE\">one</a>-for-three reverse stock split that was executed on July 2, 2021, the IPO price would be expected to be between $9.33 and $10.33 per share, the company said.</p>\n<p>Phillips Edison has 5,500 tenants including Trader Joe's, Walmart , Walgreens , Starbucks , Burger King and T.J. Maxx.</p>\n<p>Phillips Edison purchased its first shopping center in Danville, Virginia in the early 1990s.</p>\n<p>The company in its present form was born after Phillips Edison Grocery Center REIT I Inc acquired Phillips Edison Limited Partnership's real estate assets and asset management business in 2017.</p>\n<p><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, BofA Securities and J.P. Morgan are the lead joint book-running managers for the offering. The company will be listed under the ticker symbol \"PECO\" on the Nasdaq after the offering.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149313387","content_text":"July 7 (Reuters) - Phillips Edison & Company Inc, which owns and operates omnichannel shopping centers, is aiming for a valuation of about up to $3.4 billion, according to a regulatory filing on Wednesday.\nThe company, which manages more than 300 shopping centers of which 278 are wholly owned by the company, plans to sell 17 million shares priced at between $28 and $31 per share, raising about $527 million.\nAdjusting for a one-for-three reverse stock split that was executed on July 2, 2021, the IPO price would be expected to be between $9.33 and $10.33 per share, the company said.\nPhillips Edison has 5,500 tenants including Trader Joe's, Walmart , Walgreens , Starbucks , Burger King and T.J. Maxx.\nPhillips Edison purchased its first shopping center in Danville, Virginia in the early 1990s.\nThe company in its present form was born after Phillips Edison Grocery Center REIT I Inc acquired Phillips Edison Limited Partnership's real estate assets and asset management business in 2017.\nMorgan Stanley, BofA Securities and J.P. Morgan are the lead joint book-running managers for the offering. The company will be listed under the ticker symbol \"PECO\" on the Nasdaq after the offering.","news_type":1,"symbols_score_info":{".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":705,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140444216,"gmtCreate":1625670506435,"gmtModify":1633938488734,"author":{"id":"3570269548399266","authorId":"3570269548399266","name":"evwaeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570269548399266","authorIdStr":"3570269548399266"},"themes":[],"htmlText":"vaccine mkt saturated ","listText":"vaccine mkt saturated ","text":"vaccine mkt saturated","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/140444216","repostId":"1128740137","repostType":4,"repost":{"id":"1128740137","kind":"news","pubTimestamp":1625668639,"share":"https://ttm.financial/m/news/1128740137?lang=&edition=full","pubTime":"2021-07-07 22:37","market":"us","language":"en","title":"COVID-19 vaccine vial maker Stevanato eyes $7 bln valuation in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1128740137","media":"Reuters","summary":"July 7 (Reuters) - Italy's Stevanato Group S.p.A., a maker of glass vials for COVID-19 vaccine and o","content":"<p>July 7 (Reuters) - Italy's Stevanato Group S.p.A., a maker of glass vials for COVID-19 vaccine and other healthcare products, said on Wednesday it was seeking a valuation of over $7 billion in its U.S. initial public offering (IPO).</p>\n<p>Founded by billionaire Sergio Stevanato, the company said in its filing that a total of 40 million shares would be offered for sale priced between $21 and $24 each. The IPO would raise $960 million at the top end of that range.</p>\n<p>About 30% of those shares will be offered by the Stevenato family holding, an existing investor. The proceeds from those shares will not go to the company.</p>\n<p>Padua-based Stevanato Group started in 1949 as Soffieria Stella, a specialty glass manufacturer that was the precursor to the medical packaging company.</p>\n<p>The company started its international expansion in 2015 after the purchase of a primary packaging company in Slovakia.</p>\n<p>Stevanato, whose IPO plans were reported by Reuters in February, will list on the New York Stock Exchange under the symbol \"STVN\".</p>\n<p>Morgan Stanley, BofA Securities and Jefferies are the lead underwriters for the offering.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>COVID-19 vaccine vial maker Stevanato eyes $7 bln valuation in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCOVID-19 vaccine vial maker Stevanato eyes $7 bln valuation in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 22:37 GMT+8 <a href=https://www.reuters.com/business/healthcare-pharmaceuticals/stevanato-group-maker-covid-19-vaccine-vials-eyes-7-bln-valuation-us-ipo-2021-07-07/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>July 7 (Reuters) - Italy's Stevanato Group S.p.A., a maker of glass vials for COVID-19 vaccine and other healthcare products, said on Wednesday it was seeking a valuation of over $7 billion in its U.S...</p>\n\n<a href=\"https://www.reuters.com/business/healthcare-pharmaceuticals/stevanato-group-maker-covid-19-vaccine-vials-eyes-7-bln-valuation-us-ipo-2021-07-07/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite"},"source_url":"https://www.reuters.com/business/healthcare-pharmaceuticals/stevanato-group-maker-covid-19-vaccine-vials-eyes-7-bln-valuation-us-ipo-2021-07-07/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128740137","content_text":"July 7 (Reuters) - Italy's Stevanato Group S.p.A., a maker of glass vials for COVID-19 vaccine and other healthcare products, said on Wednesday it was seeking a valuation of over $7 billion in its U.S. initial public offering (IPO).\nFounded by billionaire Sergio Stevanato, the company said in its filing that a total of 40 million shares would be offered for sale priced between $21 and $24 each. The IPO would raise $960 million at the top end of that range.\nAbout 30% of those shares will be offered by the Stevenato family holding, an existing investor. The proceeds from those shares will not go to the company.\nPadua-based Stevanato Group started in 1949 as Soffieria Stella, a specialty glass manufacturer that was the precursor to the medical packaging company.\nThe company started its international expansion in 2015 after the purchase of a primary packaging company in Slovakia.\nStevanato, whose IPO plans were reported by Reuters in February, will list on the New York Stock Exchange under the symbol \"STVN\".\nMorgan Stanley, BofA Securities and Jefferies are the lead underwriters for the offering.","news_type":1,"symbols_score_info":{".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":662,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140538263,"gmtCreate":1625665602152,"gmtModify":1633938581701,"author":{"id":"3570269548399266","authorId":"3570269548399266","name":"evwaeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570269548399266","authorIdStr":"3570269548399266"},"themes":[],"htmlText":"upup its going up","listText":"upup its going up","text":"upup its going up","images":[{"img":"https://static.tigerbbs.com/850e5357f74310ec00d8ad5c4dac97d6","width":"1125","height":"3522"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/140538263","isVote":1,"tweetType":1,"viewCount":1070,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}