After pricing higher than expected at $13 per share, Guidewire Software Inc. raised $115 million in its initial public offering, the first technology IPO of the year. The software provider for property and casualty insurance companies listed on the NYSE on Wednesday, Jan. 25, under the ticker GWRE. In this video, CEO Marcus Ryu shares his outlook for the company. Says Ryu, "Year over year, we expect and have been showing growth very consistently." - Katie Roof
NewOak Capital LLC launched a nonqualified mortgage support services platform as part of its credit services division, which is led by partner Chad Burhance. For other updates launch today's Movers & shakers slideshow.
Competition Commissioner Margrethe Vestager said that mergers in the sector would continue to get close scrutiny in Brussels, particularly those that reduce the number of players in a market from four to three. More video