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FRANKFURT Zalando SEs stock market debut was described as disappointing by analysts Wednesday after the online retailers shares swiftly shed their opening gains.
The stock initially rose 12% above its issue price on the Frankfurt exchange but pared those gains within the first hour of trading.
By midmorning locally, Zalandos shares were slightly below 23 euros ($29), compared with their debut of 24.10. The e-commerce companys 21.50 issue price was set at the upper end of its bookbuilding range.
Alpha Wertpapierhandel analyst Stefan de Schutter called it a poor start, as expectations were high after the offer was oversubscribed. He said it would be devastating if Zalando shares were to fall below the issue price on their first day.
An expanded version of this report appears on WSJ.com
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MADISON, Wis. -
The Wisconsin Department of Natural Resources has donated 110 young pheasants to the Richland Center High School after vandalism lead to the death of pheasant chicks, according to a release.
In August the agriculture teacher at Richland Center High School discovered the pheasant-raising sheds had been broken into. Inside the two sheds he found 50 dead birds, another 50 had escaped the enclosure to nearby fields and 50 pheasants were found alive inside the sheds.
The pheasants are raised by students at the school throughout the summer and then released in the fall. The pheasant-raising program has been operated at the school for 16 years.
We were more than happy to help out. These types of school programs provide a great experience for students and really do wonders for getting kids interested in the outdoors, DNR Secretary Cathy Stepp said in the release.
The pheasants being donated by the DNR are from the State Game Farm in Poynette, according to the release. After students raise the young birds, they will release them on wildlife areas throughout Richland County.
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Snake Boy: Sheds his skin every 41 days and must soak himself in water every hour to stay alive
Ari Wibowo sheds his skin like a snake every 41 days and must constantly smear his body with moisturiser to stop it hardening and seizing up. The Indonesian ...
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Report sheds light on food security situation in Kenya
http://bdafrica.com Dr. Elias Mokua, Executive Director of Jesuit Hakimani Centre (JHC) talks about major findings of a new report dubbed #39;Climate Change and Food Security: Predictions from...
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U.S. doctors and teaching hospitals received nearly $3.5 billion from pharmaceutical companies and medical device manufacturers over the last five months of 2013, according to a partial set of data released Tuesday by the federal government.
The data mark the first disclosure of anything approaching comprehensive information on the once-confidential financial ties between doctors and drug- and device-makers.
The data include 4.4 million payments and other transfers of value by drug- and device-makers to some 546,000 U.S. physicians and 1,360 teaching hospitals made between Aug. 1, 2013, and Dec. 31, 2013.
But it is significantly incomplete, and physician and industry groups have raised concerns about accuracy and context.
About 40 percent of the information was "de-identified" essentially redacting a doctor's name and other information because federal officials could not confirm the information's accuracy.
Patient advocates and lawmakers have long pushed to make the data public, saying such arrangements are rife with potential conflicts. Several studies have shown that payments or gifts, however small, alter doctors' prescribing patterns and influence how they practice medicine.
The data were released as a requirement under the federal Physician Payments Sunshine Act, a lesser-known provision of the 2010 Affordable Care Act.
Federal officials hope publication of the data will help consumers make better health care decisions by better understanding their doctors' relationship with industry, said Dr. Shantanu Agrawal, Medicare's deputy administrator and director of the Center for Program Integrity, in a conference call with reporters.
"We are taking a big step forward in shining the light on these financial arrangements," Agrawal said. "Using this new data, it is now possible to conduct a wide range of analyses of payments made by drug and device manufacturers that were never possible before."
Nearly 40 pharmaceutical and medical device companies in Illinois paid more than $100 million to doctors and teaching hospitals across the country, including Illinois, according to the Tribune analysis.
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ABC The ANU's tracking of Leichhardt's expedition (in red) compared to John Arrowsmiths map of the route published in 1847 (in blue).
An Australian National University (ANU) project has shed new light on explorer Ludwig Leichhardt and his landmark expedition through northern Australia in 1844.
The ANU has launched a new paper map, as well as an interactive digital map, showing the precise route taken by Leichhardt on his journey from Moreton Bay, in south-east Queensland, to Port Essington in the Northern Territory.
The new map corrects old maps that were up to 32 kilometres off.
Today marks 170 years to the day, since Leichhardt set of on the journey with his company.
The map includes excerpts from journals kept by Leichhardt and three other members of his party as well as artworks by Bill Gannon and Katharine Nix.
A digital version of the map has been linked to the journals allowing users to take the expedition online.
After having repaired some harness, which had been broken by our refractory bullocks upsetting their loads, and after my companions had completed their arrangements, in which Mr. Bell kindly assisted, we left Jimba, and launched, buoyant with hope, into the wilderness of Australia.
Many a man's heart would have thrilled like our own, had he seen us winding our way round the first rise beyond the station, with a full chorus of 'God Save the Queen,' which has inspired many a British soldier,- aye, and many a Prussian too - with courage in the time of danger.
"You can zoom in and out of the map and to see what it looks like now.
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COLUMBUS, Ohio - Ohio State officials released new statistics Tuesday, providing insight into what's happening on campus from crime to drugs, and alcohol.
The numbers are important especially in light of the three campus-area rapes that were reported this weekend.
Universities around the country will be releasing crime numbers Wednesday, but NBC4 obtained Ohio State's numbers early Tuesday.
The statistics are compiled and published annually as part of the Clery Disclosure Policy.
The 64-page crime section covers a lot of ground, and the biggest issues are related to alcohol and drugs.
More than 1,600 students saw disciplinary action in 2013 related to having alcohol in a residence hall. But that number has decreased in 2014 a two-year trend.
Drug violations are on the rise. There were more than 400 cases on campus in 2013 the vast majority inside residence halls.
Another number highlighted by the report is the number of campus rape reports on campus and inside residence halls.
In 2013, there were 25, which is higher than in 2012, but slightly down from 2011.
The raw numbers don't include the case of a sexual assault that was reported inside a residence hall last weekend. That report will be included in 2015's report.
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College sheds ISIS name for new one -
September 29, 2014 by
Mr HomeBuilder
Reuters
Militant Islamist fighters parade on military vehicles along the streets of northern Raqqa province, June 30, 2014.
Tufts University is the latest victim of an unfortunate name, having to rechristen its new student information portal due to negative connotations with the terrorist group the Islamic State in Iraq and Syria (ISIS). The Tufts Daily reports that the student portal had to be rebranded just over a year after it debuted.
Read MoreWhat's in a name? A lot, with the name 'Isis'
The portal was called 'iSIS,' which stood for Integrated Student Information System, and was launched back in March of last year well before the terrorist group was on the public's radar. 'ISIS' was replaced with the name of the student portal that predated it, SIS or Student Information System.
Read MoreIsis Wallet rebrands to avoid confusion with militants
The portal is used by students of the Boston-area university to check grades and register for classes. So far, it looks like the name will be the only thing that changes, with the system's functionality remaining the same.
For more on the story, click here.
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