IPOs and Secondaries

IPOs and Secondaries Articles

2009 has been far from an IPO-packed year compared to other years in this decade.  Ditto for mergers and acquisitions.  Many of the IPOs that price earlier in 2009 have done well while many of the...
The DJIA went above 10,500 for the first time in fourteen months yesterday.  That is an impressive move from under 6,550 in early March. It is easy to argue that such a surge is too much too fast....
It seems that the long quest of the Chicago Board Options Exchange is going to end up in an IPO.  The demutualization process has been an ongoing one and a filing from the company today confirmed...
It looks like the SPDR Gold Shares (NYSE: GLD) is about to get some new competition, albeit far a far smaller trading vehicle.  A F-1 filing at the SEC was made today by Sprott Physical Gold Trust,...
Language Line Services Holdings, Inc. is the latest company which has filed to come public via an initial public offering.  The terms were not disclosed, but for filing purposes it listed a sale of...
This was a wild week, and perhaps a disappointment that the news did not propel stocks even higher.  There were many key movers though, and we have a very active panel of very active and widely held...
Bank of America Corporation (NYSE: BAC) was all over the news for repaying the TARP and for its huge $15.00-equivalent stock offering of more than $19 billion.  The S&P rebalance helped Bank of...
Bank of America Corporation (NYSE: BAC) will soon be out of the TARP.  The report was first out by CNBC’s Charlie Gasparino right after 5 PM that Bank of America is about to do a large capital...
This morning we have another flurry of secondary offerings that are hitting the market.  Today’s tally comes to what looks like more than $500 million being absorbed by the public equity...
There is still a flood of secondary offerings coming down the pipe.  We have secondaries from Consolidated Edison Inc. (NYSE: ED), Kinder Morgan Energy Partners, L.P. (NYSE: KMP), Vanguard Natural...
Human Genome Sciences, Inc. (NASDAQ: HGSI) is rasing cash.  The company announced that it is selling up to 12.5 million shares of common stock. The company earmarked funds for general corporate...
Las Vegas Sands Corp. (NYSE: LVS) failed to see any huge boost of its Asian asset IPO in Hong Kong.  Shares fell 10% on its debut that raised about $2.5 billion.  Sands China Ltd. closed down at...
Telegent Systems, Inc. has just become the latest company to file to come public via an Initial Public Offering.  No terms were listed, but the initial prospectus filing is for up to $250 million in...
Vanguard has just launched seven new bond exchange traded funds today.  We are seeing very thin trading volume, and that will be the single biggest benchmark used for whether or not these become a...
This morning we have a syndicate bonanza with a very solid IPO pricing and many secondary offerings getting priced.  Fortinet, Inc. (NASDAQ: FTNT) priced 12.5 million shares in IPO at $12.50, above...