The money network:

The money network:

Why crowdfunding threatens traditional bank lending

Euromoney’s 2012 FX survey results

Euromoney’s 2012 FX survey results

Access the results now

December 2008

Equity market round up: IPO – Hooray for Grand Canyon Education!

by Peter Koh

In November, Grand Canyon Education, a provider of online education services, broke the US market’s 15-week drought of IPOs with a $126 million deal, ending the US’s driest spell since 1975.


The deal, led by Merrill Lynch and Credit Suisse, priced at $12 a share at the bottom of its revised offer range, an estimated 2009 PE ratio of...


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