Business events in Utah this week
New economic numbers to be released this week:
National Association of Home Builders • Housing market index for November
National Association of Realtors • Existing home sales for October
Commerce Department • Housing starts for October
Labor Department • Weekly jobless claims
Freddie Mac • Weekly mortgage rates
Conference Board • Leading economic indicators for October
Initial public offerings as provided by Renaissance Capital, Greenwich, Conn., (ipohome.com) and SEC filings:
Alon USA Partners • Dallas, Texas, 10 million shares, priced $19 to $21, managed by Goldman Sachs, Credit Suisse, and Citigroup. Proposed NYSE symbol ALDW. Business: Limited partnership with oil refining and marketing operations in Texas.
Y.Y. Inc. • Guangzhou, China, 7.8 million American depositary shares, each representing 20 common shares, priced $10.50 to $12.50, managed by Morgan Stanley, Deutsche Bank, and Citigroup. Proposed Nasdaq symbol YY. Business: Chinese social platform that enables communication via voice, text and video.
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