iHaveNet.com
IPO Initial Public Offerings, Venture Capital News, IPOs, Venture Capital Jobs & Careers
Online Breaking News Headlines Single Source to Headlines Breaking News Current Events Top Stories. Find out what is happening in News & the World. Check out iHaveNet.com for the latest news & current events articles plus Movie Reviews, Wolfgang Puck Recipes, NFL Previews Analysis and Politics. Your Single Source to News Articles, Current Events & Reviews.
  • HOME
  • WORLD
    • Africa
    • Asia Pacific
    • Balkans
    • Caucasas
    • Central Asia
    • Eastern Europe
    • Europe
    • Indian Subcontinent
    • Latin America
    • Middle East
    • North Africa
    • Scandinavia
    • Southeast Asia
    • United Kingdom
    • United States
    • Argentina
    • Australia
    • Austria
    • Benelux
    • Brazil
    • Canada
    • China
    • France
    • Germany
    • Greece
    • Hungary
    • India
    • Indonesia
    • Ireland
    • Israel
    • Italy
    • Japan
    • Korea
    • Mexico
    • New Zealand
    • Pakistan
    • Philippines
    • Poland
    • Russia
    • South Africa
    • Spain
    • Taiwan
    • Turkey
    • United States
  • USA
    • ECONOMICS
    • EDUCATION
    • ENVIRONMENT
    • FOREIGN POLICY
    • POLITICS
    • OPINION
    • TRADE
    • Atlanta
    • Baltimore
    • Bay Area
    • Boston
    • Chicago
    • Cleveland
    • DC Area
    • Dallas
    • Denver
    • Detroit
    • Houston
    • Los Angeles
    • Miami
    • New York
    • Philadelphia
    • Phoenix
    • Pittsburgh
    • Portland
    • San Diego
    • Seattle
    • Silicon Valley
    • Saint Louis
    • Tampa
    • Twin Cities
  • BUSINESS
    • FEATURES
    • eBUSINESS
    • HUMAN RESOURCES
    • MANAGEMENT
    • MARKETING
    • ENTREPRENEUR
    • SMALL BUSINESS
    • STOCK MARKETS
    • Agriculture
    • Airline
    • Auto
    • Beverage
    • Biotech
    • Book
    • Broadcast
    • Cable
    • Chemical
    • Clothing
    • Construction
    • Defense
    • Durable
    • Engineering
    • Electronics
    • Firearms
    • Food
    • Gaming
    • Healthcare
    • Hospitality
    • Leisure
    • Logistics
    • Metals
    • Mining
    • Movie
    • Music
    • Newspaper
    • Nondurable
    • Oil & Gas
    • Packaging
    • Pharmaceutic
    • Plastics
    • Real Estate
    • Retail
    • Shipping
    • Sports
    • Steelmaking
    • Textiles
    • Tobacco
    • Transportation
    • Travel
    • Utilities
  • WEALTH
    • CAREERS
    • INVESTING
    • PERSONAL FINANCE
    • REAL ESTATE
    • MARKETS
    • BUSINESS
  • STOCKS
    • ECONOMY
    • EMERGING MARKETS
    • STOCKS
    • FED WATCH
    • TECH STOCKS
    • BIOTECHS
    • COMMODITIES
    • MUTUAL FUNDS / ETFs
    • MERGERS / ACQUISITIONS
    • IPOs
    • 3M (MMM)
    • AT&T (T)
    • AIG (AIG)
    • Alcoa (AA)
    • Altria (MO)
    • American Express (AXP)
    • Apple (AAPL)
    • Bank of America (BAC)
    • Boeing (BA)
    • Caterpillar (CAT)
    • Chevron (CVX)
    • Cisco (CSCO)
    • Citigroup (C)
    • Coca Cola (KO)
    • Dell (DELL)
    • DuPont (DD)
    • Eastman Kodak (EK)
    • ExxonMobil (XOM)
    • FedEx (FDX)
    • General Electric (GE)
    • General Motors (GM)
    • Google (GOOG)
    • Hewlett-Packard (HPQ)
    • Home Depot (HD)
    • Honeywell (HON)
    • IBM (IBM)
    • Intel (INTC)
    • Int'l Paper (IP)
    • JP Morgan Chase (JPM)
    • J & J (JNJ)
    • McDonalds (MCD)
    • Merck (MRK)
    • Microsoft (MSFT)
    • P & G (PG)
    • United Tech (UTX)
    • Wal-Mart (WMT)
    • Walt Disney (DIS)
  • TECH
    • ADVANCED
    • FEATURES
    • INTERNET
    • INTERNET FEATURES
    • CYBERCULTURE
    • eCOMMERCE
    • mp3
    • SECURITY
    • GAMES
    • HANDHELD
    • SOFTWARE
    • PERSONAL
    • WIRELESS
  • HEALTH
    • AGING
    • ALTERNATIVE
    • AILMENTS
    • DRUGS
    • FITNESS
    • GENETICS
    • CHILDREN'S
    • MEN'S
    • WOMEN'S
  • LIFESTYLE
    • AUTOS
    • HOBBIES
    • EDUCATION
    • FAMILY
    • FASHION
    • FOOD
    • HOME DECOR
    • RELATIONSHIPS
    • PARENTING
    • PETS
    • TRAVEL
    • WOMEN
  • ENTERTAINMENT
    • BOOKS
    • TELEVISION
    • MUSIC
    • THE ARTS
    • MOVIES
    • CULTURE
  • SPORTS
    • BASEBALL
    • BASKETBALL
    • COLLEGES
    • FOOTBALL
    • GOLF
    • HOCKEY
    • OLYMPICS
    • SOCCER
    • TENNIS
  • Subscribe to RSS Feeds EMAIL ALERT Subscriptions from iHaveNet.com RSS
    • RSS | Politics
    • RSS | Recipes
    • RSS | NFL Football
    • RSS | Movie Reviews

COMPANIES:       INDUSTRIES:  

HOME > FINANCIAL MARKETS > IPOs

 

Venture Capital Jobs & Careers Search

Find your next job in Venture Capital. Search Venture Capital jobs from thousands of job and career search sites. A search engine for jobs with a different approach to job and career searches. In one simple search, job seekers get free access to millions of employment opportunities from thousands of websites. Find your next job in Venture Capital today.

Three out of Four IPOs Traded This Week Post Strong Performance

Out of the four newly public companies that began trading this week, three have posted strong results.

Ancestry.com (ACOM), a popular website that provides family history information for a subscription-based fee, raised $100 million by offering 7.4 million shares at $13.50, within the expected $12.50 to $14.50 range. The NASDAQ stock was up an impressive 12% on its first day of trading on Thursday and has since traded down approximately 6% in the aftermarket, remaining positive at 6%.

Complete Story »

Citi's Life Insurance Unit Primerica Files for IPO

Citi-owned (C) Primerica, a distributor of term life insurance, mutual funds, variable annuities, and other financial products to middle income households, filed on Thursday with the SEC in an initial public offering.

The Duluth, GA-based company, which was founded in 1977 as A.L. Williams & Associates, filed to raise $100 million in its offering; however, we suspect the deal size will increase significantly given the size of the business ($2 billion in sales booked over the last 12 months). Citi is also the sole underwriter on the deal, for which pricing terms were not disclosed.


Complete Story »

STR Holdings Lowers IPO Price Range

STR Holdings (STRI), which provides solar module encapsulants and quality assurance services for consumer products, lowered the proposed deal size for its upcoming IPO. The Enfield, CT-based company now plans to raise $148 million by offering 12.3 million shares at a price range of $11.00 to $13.00.

The company had previously filed to offer the same 12.3 million shares at a range of $13.00 to $15.00. At the mid-point of the revised range, STR Holdings will raise -14% fewer proceeds than previously anticipated, though insiders will represent 73% of deal proceeds instead of 81%.


Complete Story »

Ancestry.com: Finally, a Quality IPO
Brendan Wagner submits:

Ancestry.com's (ACOM) IPO is having a better debut than others recently, for a few main reasons:
1. The current owners are retaining a major stake in the company.
2. The valuation is very reasonable.
We've seen some pathetic IPO's recently. Notably have been the real estate "bank check" IPO's -->> basically raising money to buy up real estate assets they perceive to be cheap. These deals have done poorly because management has had little to no stake in the newly public company.
Ancestry.com (ACOM) shares priced this morning at $13.50 on their first day of trading. They traded as high as $15.50, and are now at $14.50, the high end of the expected offer range.
As I said, the current management will be heavily invested alongside those purchasing shares in the IPO. And most notably, the venture backers seem to be only selling a tenth of their position. VERY positive news. (Click to enlarge.)


Complete Story »

Whitestone REIT Files for IPO

Whitestone REIT (WSR), an equity REIT seeking to own and operate properties in established or developing diverse neighborhoods, filed with the SEC Wednesday to raise up to $50 million in its IPO, making it the third company to file this week. Proceeds will be contributed to Whitestone's operating partnership for the acquisition of new properties and loans and the redevelopment of existing properties.
The Houston, TX-based company, which was founded in 1998 and booked $31 million in sales over the last 12 months, plans to list on the NYSE under the symbol WSR. Wunderlich Securities is the sole bookrunner on the deal. No pricing terms were disclosed.

Complete Story »

Dollar General's IPO: Balancing Solid Growth with a Major Debt Load
Invest With An Edge submits:

By Brandon Clay

Several high profile initial public offerings are scheduled for the next few weeks. One we’re watching with particular interest is Dollar General. A discount retailer, Dollar General is expected to sell 34 million shares between $21-$23 next Friday, November 13th. The stock will trade on the New York Stock Exchange under the ticker DG.


Complete Story »

STR Holdings Looks to Light Up Investors with IPO
Abbi Adest submits:

STR Holdings (STRI), a provider of solar module encapsulants and quality assurance services for consumer products, is planning to float its IPO this week. The company originally filed for this IPO back in August of 2008.

Business Overview (from prospectus)


Complete Story »

PlainsCapital to Float First Bank IPO in 2 Years
Abbi Adest submits:

PlainsCapital Bank Holding Company (PCB), the 9th largest bank in Texas which provides banking, mortgage and advisory services, plans to price its IPO this week. It will be the first U.S. bank to go public in two years.

Business Overview (from prospectus)


Complete Story »

Graham Packaging and 7 Days Group Holdings File for IPO

Two new companies submitted initial filings for their IPOs on Monday.

Graham Packaging (GP), which supplies plastic containers for nutrition, hygiene and home care products, filed to raise up to $350 million. The York, PA-based company, which booked $2.3 billion in sales over the last 12 months, did not disclose underwriters or pricing terms in its initial filing.


Complete Story »

Hyatt Hotels Hopes Investors Find IPO Inviting
Abbi Adest submits:

Hyatt Hotels (H), a global upscale hotel operator and developer owned by the Pritzker family, is expected to go public this week. Family squabbles and corporate governance issues cloud an eagerly anticipated IPO.

Business Overview (from prospectus)


Complete Story »

China's Duoyuan Printing Expects to Price IPO This Week
Abbi Adest submits:

Duoyuan Printing (DYP), a leading manufacturer of offset printing equipment in China, is expected to price their IPO this week.

Business Overview (from prospectus)


Complete Story »

Ancestry.com Has High Expectations for Upcoming IPO
Abbi Adest submits:

Ancestry.com (ACOM), a subscription-based online community for researching family histories, is expected to go public this week. According to the New York Times: "The genealogy Web site hopes investors will provide $100 million in an initial public offering, valuing the whole thing at $572 million. That seems too high for Ancestry to cement a happy legacy with investors."

[Update: ACOM on Thursday priced midrange at $13.50.]


Complete Story »

Three New IPO Filings Last Week

Three new companies filed registration statements for initial public offerings last week with the SEC.

Alimera Sciences (requated ticker ALIM), which is an Alpharetta, GA-based biopharmaceutical company that focuses on developing products that treat retina-related diseases, filed to raise up to $80 million in its IPO. The company was founded in 2003 and plans to list on the NASDAQ under the symbol ALIM. Credit Suisse, Citi, Cowen & Company and Oppenheimer are the underwriters on the deal.


Complete Story »

IPOs Offer a Mixed Bag of Results
Zachary ScheidtZachary Scheidt submits:

The market melt-down caused a significant decline in the number of IPO transactions over the past two years. While a typical year used to include more than 200 major offerings, there were less than 50 such offerings in 2008 and so far I count 44 major transactions for 2009. However, the pace of deals has picked up as markets once again offer liquidity, and private equity investors and corporations are using that liquidity to cash out and raise capital.

The health of the most recent deals will have a major effect on both the pricing and frequency of upcoming deals. If investors are willing to take on risk and the market has a speculative tone, then underwriters will likely have little trouble in pricing deals and getting top dollar for the selling shareholders. But as we start to see a shift to more caution on the street, underwriters will have to adjust terms in order to get shares sold. This doesn’t necessarily mean the rate of deals will decline, but it may mean that sellers will have to settle for lower prices and for selling smaller allocations in order to match market demand.


Complete Story »

China's Trony Solar Files for U.S. IPO
Greentech Media submits:

By Ucilia Wang

Trony Solar is seeking to raise up to $200 million through an initial public offering in the United States.


Complete Story »

Six New IPOs This Week

IPO activity is expected to pick up next week with six U.S. companies scheduled to go public, beginning with Aviv REIT (AVI), a Chicago-based company that specializes in owning, acquiring and developing healthcare properties. The company plans to raise $299 million by offering 16.6 million shares on the NYSE on Tuesday at a price range of $17.00 to $19.00.

Aviv REIT will be followed by Ancestry.com and PlainsCapital, both of which are expected to price next Wednesday on the NASDAQ and NYSE, respectively. Ancestry.com (ACOM), an online community that provides family histories for a subscription-based fee, plans to raise $100 million by offering 7.4 million shares at a price range of $12.50 to $14.50. The Provo, UT-based company will be highlighted as our Featured IPO. PlainsCapital (PCB), the 9th largest bank in Texas, plans to raise $225m by offering $15 million shares at a price range of $14.00 to $16.00.


Complete Story »

Update on This Week's Varied IPO Results

Vitamin Shoppe (VSI), a leading retailer of health and wellness products, completed its much anticipated IPO this week, raising $155 million by offering 9.1 million shares at $17 each, above the expected $14.00 to $16.00 range. The NYSE stock was up 5.6% on its first day of trading on Wednesday and has since remained positive with its current price at $17.57.
Addus Home Care (ADUS), in comparison, was down 15% on its first day of trading, although it has since climbed 8% to its current price of $9.15. The company, which provides home-based personal care, skilled nursing, and rehabilitative therapies, raised $54 million by offering 5.4 million shares on the NASDAQ at $10.00, below its proposed $11.00 to $13.00 range.
AEI (AEI), an international company that owns, operates, and develops energy infrastructure, was also scheduled to go public this week but postponed the IPO yesterday after slashing the deal size by 65% earlier in the day.

Complete Story »

LogMeIn Logs Strong Third Quarter
Zachary ScheidtZachary Scheidt submits:

This week LogMeIn Inc. (LOGM) reported earnings for the first full quarter that the company was public. The stock has been a rousing success with the initial investors receiving stock on July 1 at a price of $16. Initially, the stock began trading near $20 for a 25% initial premium to the deal price. As is usually the case, the stock backed off a bit once the hype of the deal dissipated, and by August the stock was testing the $16. IPO level. By the middle of this month the stock had successfully tested the initial price and broke to new highs in the low $20’s which is where the stock was positioned coming into the earnings announcement.

The third quarter looked very positive with the company reporting revenue of $19 million which is up 32%. Earnings were also strong with non-GAAP earnings per share of $0.12 compared to $0.05 last year. During the quarter the company generated operating cash flow of $7.1 million compared to $4.3 million last year, so the business model is certainly strong with the only question being how quickly and effectively management can scale in the future.


Complete Story »

BioMed News Bytes: Dyax, Human Genome Sciences, Aldagen
Mike Havrilla submits:

The BioMedReports.com FDA Calendar service includes a database with over 400 entries of (1) pending new drug, biological agent, or medical device new product decisions at the FDA (e.g. NDA, BLA, 510k, PMA, sNDA, and sBLA filings); (2) pending new submissions to the FDA; (3) pending complete response letter (CRL) re-submissions to the FDA; and (4) pending clinical trial results.
On 6/8/09, Dyax Corp. (DYAX) announced today that the FDA accepted the Company’s submission in response to the FDA’s March 2009 Complete Response Letter (CRL), which outlined requirements for approval of DX-88 for the treatment of acute attacks of hereditary angioedema (HAE). In connection with the acceptance, the FDA assigned Dyax’s BLA a new PDUFA action date of 12/1/09, which represents a six-month, Class 2 Review. In the CRL received 3/25/09, the FDA requested submission of a Risk Evaluation and Mitigation Strategy (REMS) and additional information with respect to the chemistry, manufacturing and controls (CMC) section of the BLA. Dyax believes these issues are fully addressed in its reply, which was submitted 6/1/09.
On 10/28/09, DYAX reported that its medical and regulatory teams have continued to respond to inquiries from the FDA as the Agency finalizes its review of the pending BLA for DX-88. The FDA has informed DYAX that certain elements of its proposed REMS to assure safe use, particularly the concept of a closed distribution system, will not be required and the Company believes that an approvable REMS will consist primarily of two components, including a medication guide and a communication plan.
On 5/21/09, Human Genome Sciences (HGSI) announced that it submitted a Biologics License Application (BLA) to the FDA for its human monoclonal antibody drug ABthrax (raxibacumab) for the treatment of inhalation anthrax. Raxibacumab is a first-in-class treatment for anthrax, and is being developed under a contract entered into in 2006 with the Biomedical Advanced Research and Development Authority of the Office of the Assistant Secretary for Preparedness and Response, U.S. Department of Health and Human Services (HHS). On 10/27/09, the Anti-Infective Drugs FDA Advisory Committee voted 16-7, with one abstention, that evidence from animal studies predicted the response in humans. However, the FDA Advisory Panel provided guidance that additional data is needed to show benefit over antibiotics.
On 10/28/09, Aldagen made a preliminary SEC S-1 filing as part of plans for an IPO seeking to raise up to $80.5 million as part of a NASDAQ stock listing under ticker ALDH. Aldagen is a regenerative medicine company which is developing adult stem cell therapies that express high levels of the enzyme aldehyde dehydrogenase (ALDH) which has demonstrated the ability to promote the regeneration of a variety of cells in previous studies.
Aldagen is developing ALD-101 to improve engraftment following umbilical cord blood transplants. In March 2008, Aldagen began a pivotal Phase 3 clinical trial of ALD-101 to evaluate its efficacy in improving engraftment following cord blood transplants used to treat a group of progressive, degenerative and often fatal inherited metabolic diseases in children. These diseases develop because blood-forming stem cells in the patient’s bone marrow do not make a particular enzyme. ALD-101 is the population of ALDHbr stem cells that the Company produces from a portion of a cord blood unit using its proprietary technology.
ALD-101 is infused into the patient shortly after the transplant of the remaining portion of the cord blood unit. In a 24-patient Phase 1 clinical trial, Aldagen observed a reduction in the time to platelet and neutrophil engraftment in patients receiving ALD-101 following their cord blood transplant, as compared to similar patients who had received a cord blood transplant without ALD-101 in an earlier independent clinical trial. Aldagen’s pivotal Phase 3 clinical trial of ALD-101 is designed to further evaluate its ability to accelerate engraftment following cord blood transplants in pediatric patients with inherited metabolic diseases. Aldagen expects to complete enrollment of this trial during 1Q11 and to receive the efficacy results of the trial during 2Q11.
Aldagen is developing ALD-301 to treat critical limb ischemia. In 2008, Aldagen completed a 21-patient Phase 1/2 clinical trial of ALD-301 to assess its safety and potential efficacy as a treatment for advanced critical limb ischemia in patients with no treatment options for restoring blood supply to the affected limb, or revascularization. Critical limb ischemia is a condition characterized by significant impairment of blood flow to the legs and feet caused by a blockage of the arteries. Patients with severe cases of critical limb ischemia may experience persistent pain in their lower extremities and may also suffer from severe tissue damage in the affected area.
There are no drugs currently approved by the FDA for the treatment of this condition. For advanced critical limb ischemia patients with no other therapeutic options for improving blood flow, amputation of the affected limb is often the only available clinical option. ALD-301 is the population of ALDHbr stem cells produced using the Company’s proprietary technology to sort a specified quantity of bone marrow collected from the patient receiving the therapy. In August 2009, Aldagen received an SPA concurrence letter from the FDA for the design of a pivotal Phase 3 clinical trial of ALD-301 for the treatment of critical limb ischemia and the Company plans to commence enrollment of the pivotal trial during 2010.
Aldagen is developing ALD-201 to treat ischemic heart failure. Investigators have completed a 20-patient Phase 1 clinical trial of ALD-201 to assess its safety and potential efficacy as a treatment for ischemic heart failure. ALD-201 is the population of ALDHbr stem cells produced using the Company’s proprietary technology to sort a specified quantity of bone marrow collected from the patient receiving the therapy. ALD-201 is injected directly into the patient’s heart muscle. This procedure is currently performed using a specialized catheter. Aldagen is also developing ALD-151 to improve engraftment following cord blood transplants used to treat leukemia and is currently enrolling patients in a Phase 1 clinical trial for this compound.
Disclosure: No positions

Complete Story »

Verisk Analytics: A Successful IPO
Zachary ScheidtZachary Scheidt submits:

Over the past two months, the IPO market has heated up, allowing companies and private investors to access liquidity by selling new shares to the public. While the performance of these deals have varied from company to company, Verisk Analytics (VRSK) turned out to be one of the better managed, more profitable transactions for investors. The stock was offered to the public on October 7th at $22 per share and closed above $28.50 on Tuesday for an attractive gain of nearly 30%

The deal was underwritten by Bank of America (BAC) and Morgan Stanley (MS) along with a syndicate of supporting cast. Although Bank of America was not considered one of the top tier underwriters for the majority of this decade, their acquisition of Merrill Lynch during the financial meltdown has given them access to a large pool of retail and institutional investors which makes placing IPOs and secondary offerings a bit easier.


Complete Story »

IPO Analysis from Seeking Alpha
'IPO Analysis' Tag RSS Syndication from SeekingAlpha.com

 

IPO market is stuck in neutral
The IPO market hasn't exactly been running at full throttle this year. And lately, it can't seem to get out of first gear.

JPMorgan Chase makes $1B-plus on Visa IPO
Thanks to its stake in Visa's initial public offering this week, JPMorgan Chase & Co. has enough money to pay for its Bear Stearns purchase and still have about a billion dollars left over.

Visa prepares for near-$19B IPO
Read full story for latest details.

Here come the hot IPOs of '08
Just because the U.S. economy might be looking at a recession, doesn't mean a few good tech IPOs can't light up the market. While no company is fully immune to economic retraction, he most promising technology companies have the advantage of a global marketplace in which to sell their wares. So if U.S. markets hit the skids, companies can always focus their efforts on Asian or European customers.

Venture capital at 6-year high - report
Read full story for latest details.

India's Reliance eyes record $3B IPO
Read full story for latest details.

Classmates.com cancels IPO
Read full story for latest details.

Companies skittish about going public
As financial markets go, so go initial public offerings.

A dunce cap for Classmates.com
Investors will have to wait a little while longer for the first pure-play social networking initial public offering in the United States.

Chinese firm shelves IPO, takes buyout
CGEN's larger competitor Focus Media announced it was buying CGEN in a deal that could ultimately wind up being worth $350 million.

Citadel's risky play in E*Trade
Citadel has made its reputation through shrewd, well-timed investments. But is its $2.55 billion infusion into E*Trade a wise move for it - and for shareholders?

'Tis the season for hot IPOs
Classmates.com and CGEN Digital Media Company Limited could hit the public markets in December filed updates about their upcoming IPOs.

Fortune's 2007 investment scorecard
We had our share of winners and losers, including a solar power play that shined, an IPO that soared, and a mortgage insurer that tanked.

Meet the PayPal mafia
An inside look at the hyperintelligent, superconnected pack of serial entrepreneurs who left the payment service and are turning Silicon Valley upside down. Fortune's Jeffrey O'Brien reports.

Blackstone skids on quarterly loss
Stock tumbles 6% after IPO charges hit private equity firm's bottom line; management sees opportunities in weak mortgage market.

Google or Yahoo?
Which web giant best nurtures its upstart acquisitions?

PetroChina begins planning $9B IPO
Read full story for latest details.

Akela Pharma plans IPO
Read full story for latest details.

Bioheart cuts IPO price range in half
Read full story for latest details.

Virgin Mobile stock debuts at $15 per share
Read full story for latest details.

IPO news - CNNMoney.com
From CNN and Money magazine, CNNMoney.com combines business news and in-depth market analysis with practical advice and answers to personal finance questions.

 

TPG's IPO exit is echo of buy-out glory days
TPG is set to complete one of private equity's most successful Asian deals on Monday when Australian department store Myer debuts in Sydney with a market value of A$2.4bn

Merlin theme park group eyes listing
Merlin Entertainments, the Blackstone-owned theme park group whose assets include Madame Tussauds, Legoland, and the London Eye, is preparing a stock market flotation, setting the stage for a flurry of UK listings in the new year

Reliance Life eyes India listing
Reliance Life, controlled by billionaire businessman Anil Ambani, is aiming to break even in its next fiscal year and make a profit the year after as the group seeks to become the first life insurer to list in India

Telecoms IPO raises $71m in Bangladesh
The initial public offering this week of Bangladesh's biggest telecommunications company has been heralded as the long-awaited coming-of-age of the Dhaka Stock Exchange

Santander raises $7bn in Brazil IPO
Santander has raised $7bn from the listing of its Brazilian subsidiary in the world's largest initial public offering this year

Aviva prepares to sell Delta Lloyd stake
Aviva was set to launch a listing of its Dutch subsidiary, Delta Lloyd, in which it hopes to raise about £1bn before the end of the year, the biggest IPO in Europe for at least 18 months

S Korea pursues IPOs as markets pick up
South Korean companies are returning for new equity listings as the market opens up after a two-year hiatus caused by the global financial crisis

Healthy appetite for recapitalisation issues
Global issuance hit $197.3bn, with much of the supply driven by emerging markets, in particular China, with the surge set to continue as companies globally deleverage after years of debt-fuelled expansion

Shanda Games prices IPO at top of range
Shanda Games, China's leading online gaming company, priced its initial public offering in the United States at the top of the range late despite increasing investor jitters over a potential IPO bubble

China's IPOs leave Europe and US behind
Chinese companies have raised $21.9bn this year compared to a combined $5.4bn raised by European and US issuers, according to figures from Dealogic. Asian issuers have raised a total of $28.4bn since January

Istanbul listing drought ends
Several medium-to-large sized companies have applied for listings on Istanbul's stock exchange, signalling an end to a drought in IPOs since the global crisis began

Hong Kong investors flock to Chinese IPOs
Sinopharm, China's largest pharmaceutical distributor, and Metallurgical, one of its biggest construction groups, have raised a combined $3.5bn in initial public offerings in Hong Kong

America's IPO pipeline starts to unclog
The market is brightening for companies that want to become publicly traded, which is giving renewed power to sellers of assets by returning a key bargaining chip

Glorious plans $1.5bn Hong Kong IPO
The Chinese developer hopes that recent surges in the stock market will revive interest in its listing, which was postponed from last year due to unfavourable market conditions

Myer presses on with IPO as listings rebound
Australia's biggest initial public offering in more than two years gets green light from board as the country's largest department store group unveils plans for a flotation

FT.com - IPOs
FT.com - IPOs

 

Trius Therapeutics Files Registration Statement for Proposed Initial Public Offering
SAN DIEGO, Nov. 6 /PRNewswire/ -- Trius Therapeutics, Inc. announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering of shares of its common stock. All shares of the common stock to be sold in the offering will be offered by the Company.

Sinclair Announces Completion and Results of Tender Offers
BALTIMORE, Nov. 6 /PRNewswire-FirstCall/ -- Sinclair Television Group, Inc. ("Sinclair"), a wholly-owned subsidiary of Sinclair Broadcast Group, Inc. (the "Company") (Nasdaq: SBGI) today announced the completion of its tender offers for any and all of the Company's outstanding 3.0% Convertible Senior Notes due 2027 (CUSIP No. 829226AW9) (the "3.0% Notes") and 4.875% Convertible Senior Notes due 2018 (CUSIP No. 829226AU3) (the "4.875% Notes" and, together with the 3.0% Notes, the "Notes"). As of 12:00 midnight, New York City time on November 5, 2009 (the "Expiration Date"), holders representing approximately 90.60% ($266.6 million) in principal amount of the 3.0% Notes and 74.21% ($106.5 million) in principal amount of the 4.875% Notes had validly tendered and not validly withdrawn their Notes.

China Integrated Energy, Inc. Announces Closing of Public Offering of Five Million Shares of Common Stock
XI'AN, China, Nov. 6 /PRNewswire-Asia-FirstCall/ -- China Integrated Energy, Inc. (Nasdaq: CBEH; the "Company"), a leading non-state-owned integrated energy company in the People's Republic of China, today announced the closing of its previously announced public offering of 5,000,000 shares of its common stock. The Company received net proceeds of approximately $26.9 million from the offering, after deducting underwriting discounts and commission and estimated offering expenses. The Company has granted the underwriters an option to purchase up to an additional 750,000 shares of common stock to cover over-allotments, if any.

Duoyuan Printing, Inc. Announces Pricing of Initial Public Offering
BEIJING, Nov. 6 /PRNewswire-Asia-FirstCall/ -- Duoyuan Printing, Inc. ("Duoyuan" or the "Company") (NYSE: DYP), a leading offset printing equipment supplier in China, today announced the pricing of its initial public offering of 6,455,918 shares at a price of $8.50 per share, including 955,918 shares being offered by the selling shareholders. The Company has granted the underwriters an option to purchase up to an additional 968,388 shares of common stock to cover over-allotments, if any. Duoyuan's common stock is expected to begin trading on November 6, 2009 on the New York Stock Exchange under the symbol "DYP."

Service Corporation International Announces Pricing of Senior Notes Offering
HOUSTON, Nov. 5 /PRNewswire-FirstCall/ -- Service Corporation International (NYSE: SCI) ("SCI"), which owns and operates funeral service locations and cemeteries, announced today that it has priced an underwritten public offering of $150.0 million of senior notes due 2021, which will bear interest at a rate of 8.00% per annum. The notes are being sold at 98.115% of par, which equates to an effective yield to maturity of approximately 8.25%. SCI expects to close the sale of the notes on November 10, 2009, subject to the satisfaction of customary closing conditions.

CVR Energy Announces Secondary Public Offering of 7,376,264 Shares of Common Stock
SUGAR LAND, Texas, Nov. 5 /PRNewswire-FirstCall/ -- CVR Energy, Inc. (NYSE: CVI) today announced that one of its stockholders has commenced a registered underwritten public offering of 7,376,264 shares of CVR Energy's common stock.

Associated Materials, LLC Announces Completion of 9.875% Senior Secured Second Lien Notes Offering and Call for Redemption and Discharge of 9 3/4% Senior Subordinated Notes and 15% Senior Subordinated Notes
CUYAHOGA FALLS, Ohio, Nov. 5 /PRNewswire/ -- Associated Materials, LLC ("Associated") announced today that it has completed its previously announced issuance of $200 million aggregate principal amount of 9.875% Senior Secured Second Lien Notes due 2016 (the "New Notes") in a private offering. The New Notes were co-issued by Associated Materials Finance, Inc., a wholly owned subsidiary of Associated ("Associated Finance").

Service Corporation International Announces Senior Notes Offering
HOUSTON, Nov. 5 /PRNewswire-FirstCall/ -- Service Corporation International (NYSE: SCI) ("SCI"), which owns and operates funeral service locations and cemeteries, announced today that it intends to offer $150 million aggregate principal amount of its senior notes due 2021, subject to market and other conditions. The offering will be made by means of an underwritten public offering pursuant to an automatic shelf registration statement filed with the Securities and Exchange Commission. SCI intends to use the net proceeds from the offering, together with available cash, to fund SCI's acquisition of Keystone North America Inc.

Ancestry.com Inc. Prices Initial Public Offering at $13.50 Per Share
PROVO, Utah, Nov. 4 /PRNewswire/ -- Ancestry.com Inc. today announced the pricing of its initial public offering of 7,407,407 shares of common stock at a price of $13.50 per share. A total of 4,074,074 shares are being offered by Ancestry.com, and a total of 3,333,333 shares are being offered by selling stockholders.

Equifax Prices $275 Million Senior Notes Offering
ATLANTA, Nov. 4 /PRNewswire-FirstCall/ -- Equifax Inc. (NYSE: EFX) announced today that it has priced a registered public debt offering of investment-grade senior unsecured notes. The offering consisted of $275 million aggregate principal amount of 4.450% notes due December 1, 2014. The transaction is expected to close on November 9, 2009.

Superior Well Services, Inc. Announces Closing of Public Offering of Common Stock and Exercise of Over-allotment
INDIANA, Pa., Nov. 4 /PRNewswire-FirstCall/ -- Superior Well Services, Inc. (Nasdaq: SWSI) today announced the closing on November 3, 2009 of its previously announced public offering of 6,900,000 shares of common stock, which includes the full exercise of the underwriters' over-allotment option of 900,000 shares. All shares were sold at a price of $10.50 per share. The net proceeds of the offering, after deducting underwriting discounts and commissions but before estimated offering expenses, were approximately $68.8 million. All of the shares were offered by Superior Well Services pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission.

Northern Oil and Gas, Inc. Closes $59.3 Million Registered Direct Common Stock Offering
WAYZATA, Minn., Nov. 4 /PRNewswire-FirstCall/ -- Northern Oil and Gas, Inc. (NYSE Amex: NOG) ("Northern Oil") today announced that it has closed on its previously-announced registered direct offering of 6,500,000 shares of its common stock at $9.12 per share, resulting in gross proceeds of approximately $59.3 million. Canaccord Adams Inc. acted as lead placement agent for the offering. FIG Partners, LLC acted as co-placement agent for the offering.

Ford Motor Company Announces Pricing Results of Convertible Notes Offering
DEARBORN, Mich., Nov. 3 /PRNewswire-FirstCall/ -- Ford Motor Company (NYSE: F) today announced the pricing of its offering of senior convertible notes due Nov. 15, 2016. Notes in the aggregate principal amount of $2.5 billion will be offered, an increase from the $2 billion previously announced. The notes will be senior unsecured obligations of Ford and will bear interest at a fixed rate of 4.25 percent per year. Ford has granted the underwriters an option to purchase an additional $375 million in aggregate principal amount of notes.

MasTec Announces Proposed Private Offering of Senior Convertible Notes Due 2014
CORAL GABLES, Fla., Nov. 3 /PRNewswire-FirstCall/ -- MasTec, Inc. (NYSE: MTZ) today announced that it is planning a private offering of $100 million in aggregate principal amount of Senior Convertible Notes due 2014 to qualified institutional buyers. The convertible notes are expected to be guaranteed by the MasTec subsidiaries that guarantee MasTec's existing senior notes due 2017 and existing senior convertible notes due 2014. MasTec intends to use the net proceeds from the offering to fund its previously announced acquisition of Precision Pipeline LLC and Precision Transport Company, LLC and for general corporate purposes.

Dollar Thrifty Automotive Group Completes Public Offering of Common Stock
TULSA, Okla., Nov. 3 /PRNewswire-FirstCall/ -- Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) announced today that it has completed its previously announced public offering of 5,750,000 shares of its common stock at a price to the public of $19.25 per share. In connection with the offering, the Company has also granted the underwriters a 30-day option to purchase up to an additional 862,500 shares of common stock.

Television Company Belo Corp. (BLC) Announces Offering of Senior Notes
DALLAS, Nov. 3 /PRNewswire-FirstCall/ -- Belo Corp. (NYSE: BLC), one of the nation's largest pure-play, publicly-traded television companies, announced today the offering of $250 to $275 million in senior notes due 2016, subject to the completion of an amendment to its bank credit facility. The amendment is expected to allow for additional capacity under the credit facility's leverage and interest coverage covenants and also extend the term of a portion of the commitments under the facility. Belo intends to use the net proceeds from the offering, which is expected to close by the end of November, to reduce the outstanding balance and commitments under its current $550 million credit facility. J.P. Morgan Securities Inc. is acting as lead book-running manager for the offering.

Holly Energy Partners, L.P. Announces Pricing of Public Offering of 1,900,000 Common Units
DALLAS, Nov. 3 /PRNewswire-FirstCall/ -- Holly Energy Partners, L.P. (NYSE: HEP) (the "Partnership") announced today the pricing of the public offering of 1,900,000 common units representing limited partner interests in the Partnership. The common units were priced at $35.78 per common unit. In connection with the offering, the Partnership granted the underwriters a 30-day option to purchase up to 285,000 additional common units. The Partnership expects to close the sale of the common units on November 6, 2009, subject to customary closing conditions. The Partnership intends to use a portion of the net proceeds from the offering to fund the cash portion of the purchase price for the pending acquisition of tankage, loading racks and pipeline assets at a refining facility in Tulsa, Oklahoma from Sinclair Tulsa Refining Company. The Partnership intends to use the remainder of the net proceeds either to pay a portion of the purchase price for the Partnership's potential acquisition from Holly Corporation of its investments in two pipeline projects (the recently constructed pipeline from Centurion Pipeline L.P.'s Slaughter station in west Texas to Lovington, New Mexico and a pipeline that connects the Partnership's Artesia crude gathering system to Holly Corporation's Lovington facility) pursuant to the Partnership's option to purchase those investments at prices to be negotiated with Holly Corporation or, instead, to repay bank debt, for other potential future acquisitions or for general partnership purposes. If the acquisition of the Sinclair assets does not close, the Partnership intends to use the net proceeds for one or more of the following: to pay for all or substantially all of the purchase price and related costs for the potential acquisitions from Holly Corporation described above, to repay bank debt incurred under the Partnership's credit agreement, for other potential future acquisitions or for general partnership purposes.

PLD International Finance LLC Announces Fixed Price Cash Tender Offer to Holders of Any and All of Its Outstanding 4.375 Percent Notes Due in April 2011 and Guaranteed by ProLogis (the 'Notes')
LUXEMBOURG, Nov. 3 /PRNewswire-FirstCall/ -- PLD International Finance LLC (the "Issuer"), a wholly owned indirect subsidiary of ProLogis (NYSE: PLD), today announced the commencement of a cash tender offer for any and all of the Notes. There is currently euro 252,350,000 aggregate principal amount of the Notes outstanding. The Offer is made to holders of the Notes on the terms of and subject to the conditions set forth in the Offer to Purchase dated 3 November 2009.

Ambassadors International, Inc. Announces Special Meeting of Stockholders to Vote on Share Issuance in Connection With Previously Announced Exchange Offer
SEATTLE, Nov. 2 /PRNewswire-FirstCall/ -- Ambassadors International, Inc. (Nasdaq: AMIE) (the "Company") today announced that a special meeting of stockholders will be held at 9:00 a.m., local time, on Thursday, November 12, 2009, at 1071 Camelback Street, Newport Beach, California 92660 for the following purposes:

Image Sensing Systems Files $15 Million Shelf Registration
SAINT PAUL, Minn., Nov. 2 /PRNewswire-FirstCall/ -- Image Sensing Systems, Inc. (Nasdaq: ISNS), announced today that it has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission.

Stock Offering
Press Releases from PR Newswire about Stock Offering

 

 

Search Powered By Google

Google Search   

Job & Career Search

career & job search                    job title, keywords, company, location

ADVERTISEMENT

Advertisement

Investing Jobs

Finance Jobs

Advertisement

MARKET INDICATORS

 

    Stock Markets Overview
    Volume Leaders
    Percent Advances
    Percent Declines
    Daily 52 Week Highs
    Daily 52 Week Lows
    Market Indices
    S&P 500
    NASDAQ 100
    Exchange Traded Funds - ETF Watch
    FOREX FX Exchange Rates
    Futures Prices by Exchange
    Futures Prices by Type
    US Morning Call Commentary


Stock Market News, Indicators, Market and Industry Articles Source. Find out what is happening in the Stock Markets. Visit iHaveNet.com for the latest Stock Market News by Sector and Industry. Your Single Source to Stock Market, Economic, Business and Industry News Articles.

ADVERTISEMENT

Job & Career Search

career & job search                    job title, keywords, company, location

Search Powered By Google

Google Search   

Advertisement

  • HOME
  • WORLD
  • USA
  • BUSINESS
  • WEALTH
  • STOCKS
  • TECH
  • HEALTH
  • LIFESTYLE
  • ENTERTAINMENT
  • SPORTS

 

Stock Market News & Financial Markets Investing Current Events

  • Services:
  • RSS Feeds
  • Shopping
  • Email Alerts
  • Site Map
  • Privacy