World Kinect Corp V.INT

Primary Symbol: WKC

Energy Oil & Gas Refining & Marketing

World Kinect Corporation is a global energy management company. The Company is engaged in offering fulfillment and related services across the aviation, marine, and land-based transportation sectors. It also supplies natural gas and power in the United States and Europe along with a suite of other sustainability-related products and services. Its segments include Aviation, Land and Marine. Its Aviation segment provides aviation-related service offerings, which include fuel management, price risk management, ground handling, 24/7 global dispatch services, and trip planning services, including flight planning and scheduling, weather reports and overflight permits. Its Land segment offers fuel, lubricants, heating oil, and related products and services to commercial, industrial, residential and government customers, as well as retail petroleum operators. Its Marine segment markets fuel, lubricants, and related products and services to a base of marine customers.

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World Kinect Corp

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Post by ORTSBOon May 19, 2011 12:19pm

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Post# 18600921

NEWS!!!

5/19/2011 10:34:05 AM
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So, traders today seem pretty enthusiastic about the public trading debut of LinkedIn Corp. (LNKD - 85.86). After the initial public offering (IPO) priced at $45 -- the top of its range -- shares of the social media specialist opened today at a whopping $83 per share. LinkedIn sold 7.84 million shares in its initial offering.

In a CNBC interview today, LinkedIn CEO Jeff Weiner downplayed the initial frothiness, saying it's up to markets to decide the stock's valuation. However, he did assert that social media platforms are "clearly here to stay." (Mark Zuckerberg, are you listening?)

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