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The Swiss-based financial firm is preparing to transition from a partnership to a public company - a long-anticipated offering that will help Glencore stabilize its capital base and fund its growth strategy.
filing to the Securities and Exchange Commission — typically, 21 days before they begin a public-relations campaign to drum up support for their impending offering — that will be visible to all investors before they buy shares.
The move is intended to further simplify what remains of the rescue package granted to A.I.G., the insurance company, before it begins selling off the government's 92.1 percent stake in an offering that will probably be held in May.
Morgan Stanley was named the lead underwriter last week for the initial stock offering of JetBlue Airways of New York -- an offering that will surely be one of the more high-profile deals of the year.
The offering that will probably be added, in a new Los Angeles office, is in the area of branded entertainment — that is, assisting marketers to develop content like television shows, music and Web series in which brands and products are integrated.
It also noted the impact of Intel's (nasdaq: INTC) competing server product offering that will launch by mid-2004.
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"Importantly, we will be able to offer a broader set of offerings that will enable our customers to capitalize on the value of their data".
If web services take off, they will form a giant array of electronic offerings that will permeate every aspect of modern life.
Mr. Armstrong said he liked to describe the period as "the AOL dot" because "the dot is the pivot point for what comes after AOL," whether it is e-mail, Web sites or coming offerings that will "surprise people".
Microsoft has long understood the upward trend of mobile technology and has continuously strived to create credible mobile offerings that will capture the consumer imagination and secure its foothold in this growth market.
While upgrading existing services, Terra Networks also plans to introduce new sophisticated offerings that will carry charges.
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