IPOs and Secondaries

IPOs and Secondaries Articles

DryShips Inc. (NASDAQ: DRYS) has priced a secondary offering of 10 million shares for its majority-owned subsidiary Ocean Rig UDW Inc. (NASDAQ: ORIG), at $16.25, essentially equal to last night’s...
Solar thermal power company BrightSource Energy Inc. today filed a request with the Securities and Exchange Commission to withdraw its Form S-1 registration statement, effectively cancelling the...
Elon Musk, who runs Tesla Motors Inc. (NASDAQ: TSLA), may have two more hot initial public offerings coming down the pipe which are sure to get plenty of media coverage.  Anything with the name...
PPL Corporation (NYSE: PPL) is planning to raise capital via a share sale via a registered underwritten public offering of 9,900,000 shares of common stock.  PPL noted that it plans to use the net...
Luxury baggage maker Tumi Holdings, Inc. has set the terms for its proposed initial public offering.  The company now plans to sell 18,779,865 shares in a price range of $15 to $17 each and it is...
First Solar, Inc. (NASDAQ: FSLR) hit yet a new 52-week low today, but the psychological damage is just about to get a whole lot worse if this stock’s price trajectory remains on its current...
magicJack VocalTec, Ltd. (NASDAQ: CALL) is indicated higher after its earnings results, despite some insider selling into the news.  Just before the long weekend came word that insiders were selling...
Bloomin’ Brands, the owner of Outback Steakhouse, will try to raise $300 million through an IPO. The deal may succeed although the company’s other brands are hardly known–Carrabba’s Italian...
CNBC has reported that Facebook is choosing to list on the NASDAQ rather than on the NYSE.  The move seems a better fit considering the history of technology and internet companies through time. ...
Biotech firm Galena Biopharma Inc. (NASDAQ: GALE) this morning priced a secondary offering of 8.5 million shares at $1.50/share, a discount of nearly 20% to last night’s closing price of $1.87. The...
American International Group Inc. (NYSE: AIG) may have yet one more rabbit to pull out of the hat that could pay back the American taxpayers who funded its bailout during the financial meltdown. ...
Williams Pipeline Partners LP (NYSE: WPZ), a pipeline master limited partnership, announced a secondary offering of 10 million common units this morning at a price of $54.56/unit. The company’s...
The Carlyle Group L.P. is still planning to come public via an initial public offering.  The move will make one more private equity group public.  If you have tracked the trends of small floats at...
American Superconductor Corporation (NASDAQ: AMSC) has entered into a securities purchase agreement with an institutional investor whereby the company will raise about $25 million in gross funds. ...
Burger King, privately held for more than three years, will begin to trade on the New York Stock Exchange again soon. Its current owners must have an eye on the valuations of McDonald’s (NYSE: MCD)...