stocks

GoPro Seeks $3 Billion Valuation Ahead of IPO

GoPro pulled in more than $1 billion last year, and as the company prepares to go public, all eyes are on the action cam king to see what kind of price tag it receives. Well, now we have a figure, and according to Bloomberg, it rings to the tune of $3 billion.

Surfing Camera Turned Action Cam Empire GoPro Files for $100 Million IPO

The story of GoPro's humble beginnings is an interesting one, and if you've not heard it we definitely suggest you click on this link and watch the video there before going on. But today's news isn't about those humble beginnings. It's about the meteoric heights to which the company has climbed.

Announced at market close yesterday, the former one-man surf camera operation and current action cam king has officially filed for a $100 million IPO.

Nikon Stock Hits Three Year Low, Prompts Company to Restructure

Last week, Nikon released its financial results for the last fiscal year (ending in March) and things aren’t looking good. The company missed financial forecasts yet again, closing at a three-year low that, it seems, has prompted Nikon to do some serious restructuring within the company.

GoPro to Go Public, Files for a Confidential IPO

GoPro's rise to the undisputed title of action camera king has been nothing short of meteoric. The company has gone from an operation out of founder and CEO Nick Woodman's van, to a massive company that expects revenue to top 1 billion this year (a great story that you can find out about here) and now they're hoping to make the jump to a publicly traded company.

The Backstory to the Scandal That May Bring Down Olympus

The financial scandal rocking Olympus is one that the company may not survive. The company's stock price plunged another 17% today, and the Tokyo Stock Exchange has informed the company that it will be delisted if it doesn't meet a December 14th deadline for reporting earnings. The New York Times has a great piece on how Olympus got itself into this mess.

Kodak Adopts ‘Poison Pill’ to Protect Against a Hostile Takeover

If you look at the price of Kodak's stock, you'll see that the company is currently worth about $600 million -- a figure that may be significantly lower than what its digital imaging patents could sell for. With the risk looming that a buyer might try to acquire the patents by simply taking over the company, Kodak is taking evasive maneuvers.