• Week ahead on Wall Street

    11 days ago - By Reuters

    A Federal Reserve interest rate decision, housing data, and details on Barnes and Noble's sale will be the market's focus next week. Fred Katayama reports.
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  • Slack just hinted at how many shares could be for sale in its direct listing next week

    Slack just hinted at how many shares could be for sale in its direct listing next week

    11 days ago - By Business Insider

    A new filing from Slack gives insight into how many shares may be available for sale when the office chat company goes public in its direct listing next week.
    180 million company executives, investors and employees have converted their high-vote Class B stock into Class A stock since April 30, the company disclosed on Friday.
    CEO Stewart Butterfield and Chief Financial Officer Allen Shim are among the Slack insiders who have converted their equity.
    While these insiders aren't obligated to sell the shares in the direct listing, shares have to be converted to Class A before they can be sold...
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