Business events in Utah this week
of Plumbing and
IAPMO Technology Meeting
Sheraton Salt Lake
Runs through • Saturday
Attendance • 100
New economic numbers to be released this week:
Commerce Department • Personal income and spending for March
Labor Department • First -quarter employment cost index
Conference Board • Consumer confidence index for April
Institute for Supply Management • Manufacturing index for April
Commerce Department • Construction spending for March
Labor Department • Weekly jobless claims
Labor Department • First-quarter productivity data
Labor Department • Employment data for April
Institute for Supply Management • Service sector index for April
Commerce Department • Factory orders for March
The following is a list of initial public offerings planned for the coming week. Sources include Renaissance Capital, Greenwich, CT (http://www.renaissancecapital.com) and SEC filings.
BioAmber • Montreal, Canada, 8 million shares, priced $15 to $17, managed by Credit Suisse, Societe Generale and Barclays. Proposed NYSE symbol BIOA. Business: Converts renewable feedstocks into bio-succinic acid and other chemicals.
Ellington Residential Mortgage REIT • Old Greenwich, Conn., 6.5 million shares, priced $20, managed by Credit Suisse, Deutsche Bank and Citi. Proposed NYSE symbol EARN. Business: Real estate investment trust that invests in agency and non-agency residential mortgage backed securities.
GW Pharmaceuticals • Wilshire, United Kingdom, 3.5 million shares, priced $10.79, managed by Lazard Capital Markets and Cowen & Co. Proposed Nasdaq symbol GWPH. Business: Develops and commercializes cannabinoid-based therapeutics.
ING U.S. • New York, N.Y., 64.1 million shares, priced $21 to $24, managed by Morgan Stanley, Goldman Sachs. Proposed NYSE symbol VOYA. Business: ING's U.S. retirement, insurance and investment management operations.
Insys Therapeutics • Phoenix, Ariz., 4 million shares, priced at $16 to $18, managed by Wells Fargo Securities and JMP Securities. Proposed Nasdaq symbol INSY. Business: Commercial stage pharmaceutical company with products for breakthrough cancer pain and chemotherapy-induced nausea and vomiting.
QIWI • Nicosia, Cyprus, 12 million shares, priced at $16 to $18, managed by J.P. Morgan and Credit Suisse. Proposed Nasdaq symbol QIWI. Business: Provides payment services in Russia through kiosks and mobile wallets.
Conference • Wells Fargo will host the Brazil Utah Conference, 7:30 a.m. to 11:45 a.m., at the Marriott Hotel Downtown at City Creek, 75 S. West Temple, Salt Lake City. The conference will bring together business people who will hear from leading international economist, top international lawyers from Chicago and Brazil, Utah companies doing business in Brazil, the honorary Consul of Brazil, trade representatives and global bankers. Registration is free, but seating is limited. RSVP at bit.ly/Zt0oEt.
Seminar • Goldman Sachs 10,000 Small Businesses at Salt Lake Community College will present the Salt Lake Entrepreneurial Ecosystem Seminar, 8 a.m. to 1 p.m., at the Salt Lake Chamber, 175 E. 400, Suite 600, Salt Lake City. The free half-day event is tailored to meet the needs of businesses in early stages of development. Call 801-957-5200 for information and to register.
Submit information about upcoming events to firstname.lastname@example.org. Put biz calendar in the subject line.