Archive for the 'Initial Public Offerings' Category
Penthouse to launch a $250 million IPO
When I heard that Penthouse was planning to launch a $250 million IPO, my first response was that it sounded like a great buy. After all, as towering as America’s stocks of 16-year-olds, hand lotion, and kleenex remain high, it seems likely that Penthouse will continue to do solid trade.
Then I c…
IPO Market, RIP
Something that’s been lost that year? Initial public offerings (IPOs).
In fact, we are seeing only a handful of new filings - and lots of withdrawals of registrations. According to a piece in Reuters, there have been about $21.4 billion in withdrawals so far that year (which involves 61 compa…
Julius Baer: Looking for a $1 billion IPO pickup
Julius Baer, which is a major Swiss financial firm, has undergone a big transformation by the past few years.
And the latest move came nowadays: the IPO filing of its US asset management division. After the deal, the firm will be called Artio Global Investors (which, by the way, doesn’t seem …
Prada to go forward with IPO
Last month there was speculation that Prada would put off its much-anticipated IPO in light of consumer confidence concerns and weakened investor interest in retail-related companies.
But now Gaetano Micciche, head of Intesa Sanpaolo’s corporate and investment banking division, which is manag…
IPOs hit 50-month low
Blame the tight credit markets and fear of recession: IPOs hit a 50-month low in January. According to the Telegraph, “figures showing the extent of the slump comes as investment banks across the world are cutting jobs on expectations of a continued lull in activity by the coming year. ” M&A act…
Societe Generale’s meltdown works in RiskMetrics IPO’s favor
With the turbulence in the markets, it was looking risky for the RiskMetrics Group (NYSE: RMG) IPO. The company even priced its offering at $17.50, at the low end of its proposed $17-$19 range.
But RMG turned out to be a good deal for investors. RiskMetrics’ stock price is now trading at abou…
Is American Express warning bearish for Visa IPO?
One of the years most touted and anticipated IPOs is certain to be that of Visa. The credit card company has filed for the IPO and investors were eagerly awaiting the debut. That was until yesterday. News from American Express Co. (NYSE: AXP) that customers are having trouble paying back loans, …
Blank check IPOs soar in popularity, and what you need to remember
in 2007, special purpose acquisition companies, or blank-checks, made up 23% of the total number of IPOs. In other words, nearly a quarter of IPOs that year have been for businesses with no trade. A blank check IPO exists to raise money, and next seeks to use that money to acquire another compan…
NetSuite: Santa comes early for Larry Ellison
Over the past couple years, I’ve met with Zach Nelson several times. He’s a veteran of the software world and is currently the CEO of NetSuite (which starts trading tomorrow as NYSE: N). The company develops on-demand software for the small-to-mid size commerce (SMB) segment, essentially allowing fo…
ExactTarget looks for an IPO bull’s-eye
Constant Contact (NASDAQ: CTCT) launched its IPO back in early October, and the stock is since up about 35%. The company provides on-demand mail marketing solutions primarily to small businesses.
Now, investors will have another e mail play — ExactTarget has filed for an IPO.
However, Ex…
K12 aces its IPO
Not that towering ago, citizens thought going to an online school was second-rate. But it’s now fitting common - and widely accepted.
For the most part, online education has been mostly for adults (especially those who already have engaged careers). But things are changing; take a look at K12…
Digital Domain wants an IPO blockbuster
For more than 14 years, Digital Domain has created stunning special effects for Hollywood. The company’s wizardry in films like Titanic, Apollo 13, The Fifth Element, I, Robot, Flags of our Fathers, Letters from Iwo Jima, and Transformers has snagged it two Academy Awards. Now, Digital Domain h…
New York set to pass London in IPO race
One of the only reasonably intelligent arguments against Sarbanes-Oxley and other regulations that would require greater transparency on the part of public companies was the notion that it would build our public markets less competitive.
But for now, things are looking up. According to the Fi…
Internet types’ bland IPO
No doubt, Web advertising is red hot. Unfortunately, in the case of final week’s IPO of Internet Brands (NASDAQ: INET), things were mostly cold. The price range on the offering was $10-$12, but the company was only able to price its deal at $8.
Internet makes develops and acquires consumer websit…
