Business & Economy

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Business & Economy
7:19 pm
Sat May 18, 2013

Syngenta Greenhouse: Think Cool Wear Shades

Credit Leoneda Inge
Sunflowers growing in Syngenta greenhouse in new RTP Advanced Crop Lab.
Business & Economy
7:44 am
Wed May 15, 2013

Raleigh Development Flourishes Thanks To Resilient Economy

Credit City of Raleigh
Business & Economy
5:36 pm
Thu May 9, 2013

Strong Demand For Quintiles Its First Day On NYSE

Credit Wikimedia commons
Quintiles was publicly traded on the New York Stock Exchange for the first time today.

There seems to be strong investor demand on the New York Stock Exchange for North Carolina-based Quintiles.

Trading began today for the drug-testing company at $40 a share, and by mid-day – shares were up to almost $44.  The price closed at $42.

Phil Bridges, a spokesman for Quintiles, says this is an iconic moment in the company's history.

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Business & Economy
8:12 am
Thu May 9, 2013

Quintiles Goes Public, Sets Share Price At $40

Credit Quintles

  • Leoneda Inge reports on Quintiles and trading on the NYSE.

Trading on the New York Stock Exchange begins Thursday for North Carolina-based Quintiles.

The company announced late Wednesday that it is selling about 23.7 million shares of its common stock to the public at $40 a share. That would raise nearly $950 million in this initial public offering for the bio-pharmaceutical services company.

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