What Time Is the Blue Apron IPO?

Some Blue Apron lovers who rely on the food delivery service to fuel their week are wondering when they can get a slice of this company ahead of its highly anticipated IPO. More importantly, they want to know how much that slice will cost them. Many institutional investors have already put their names down and are expected to pay around $10-$11 a share for an offering of about 30 million shares, which is down from the initial $15-17 a share. But they aren’t expected to get a piece of the action until Blue Apron goes public on the New York Stock Exchange Thursday. Blue Apron reportedly lowered its IPO price… Read More

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Fed OKs PNC capital plan, bank could raise dividend 36 percent to new high

PNC Financial Services Group Inc. may take its quarterly cash dividend to new heights. Pittsburgh’s biggest bank on Wednesday said the Federal Reserve System’s board accepted its capital plan and didn’t object to its proposed actions, including a recommendation to boost the payout on common stock by 36 percent, or 20 cents, to 75 cents per share, in the third quarter. The previous high for PNC (NYSE:PNC) was 66 cents per share but the bank reduced its dividend to a dime in early 2009 to preserve‚Ķ …read more Source:: Pittsburgh Business News

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