|Bid||3,811.57 x 100|
|Ask||0.00 x 100|
|Day's Range||3,894.50 - 3,900.00|
|52 Week Range||2,960.50 - 5,372.00|
|PE Ratio (TTM)||207.51|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Chinese courier ZTO Express and the underwriters of its New York stock market listing have been sued by a U.S. pension fund that alleges the firm exaggerated its profit margins to lure investors into its $1.4 billion initial public offering. Morgan Stanley and Goldman Sachs Group Inc, which spearheaded ZTO's IPO, are named in the class-action suit filed in Alabama state court by the city of Birmingham's pension fund which says that they failed to do adequate due diligence.
Goldman’s 450 or so partners own just 4.8% of the firm today, according to a securities filing. That’s the lowest level since its IPO and slips under a 5% regulatory threshold that for years has mandated ...
Transportation officials on Thursday approved a revised $4 billion plan from Delta Air Lines (DAL.N) to renovate its terminal at New York's LaGuardia Airport after Goldman, Sachs & Co (GS.N), a financial partner in the project, exited the deal. Delta now plans to pay for nearly the entire project by itself, although the Port Authority of New York and New Jersey will still contribute up to $600 million as previously agreed.