IPOs and Secondaries

IPOs and Secondaries Articles

We have two initial public offerings today.  We have a poor pricing from Addus HomeCare Corporation (NASDAQ: ADUS) and a solid pricing from a Blackstone interest in the Vitamin Shoppe Inc. (NYSE:...
Dole Food Company, Inc. (NYSE: DOLE) is making its re-return this morning and is joining in a long line of a very disappointing IPO market.  Dole may be the largest producer and seller of fresh...
We have many key secondary offerings on deck today.  Brigham Exploration (NASDAQ: BEXP), Macerich Co. (NYSE: MAC), Marshall & Ilsley (NYSE: MI), Nara Bancorp (NASDAQ: NARA), and Whitney Holding...
It was just over the weekend that we noted how cautious the initial public offering market has become.  What a difference a couple months can make.  Today marks the debut of AGA Medical Holdings,...
The IPO market has not been going well. Over the weekend we gave a detailed run down of how many busted IPOs we had seen occur in the last couple of months, and this is setting the market up for...
GSME Acquisition Co. became the second Special Purpose Acquisition Company (SPAC) this year to file paperwork with the SEC to go public. The blank check wants to assemble a China-based dealmaking...
It was just in August that practically every single initial public offering was trading above its IPO price.  The market had rallied significantly, and still rallied after that to just this week...
Level 3 Communications, Inc. (NASDAQ: LVLT) has just disclosed in an SEC filing the “Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a...
An initial public offering filing has been made by a company called Golden Minerals Company, although we would rate this as a quasi-IPO that looks more like a secondary offering and not a full blown...
Last night there was an initial public offering filing from a company called BJB Career Education Company, Limited.  This is a Chinese IT training company and it plans to list its ADS’s on the...
DragonWave Inc. (NASDAQ: DRWI) is not exactly a new company nor is it exactly an initial public offering.  The stock has traded on the Toronto Stock Exchange under the ticker “DWI” since 2007. ...
Conseco, Inc. (NYSE: CNO) was a mixed blessing today after the close.  The firm is diluting shareholders with a secondary offering, but it also announced that the esteemed firm Paulson & Co. is...
Private equity firms keep exiting their old buyouts when they can.  This morning we have an initial public offering from RailAmerica, Inc. (NYSE: RA) for some 22,000,000 shares of common stock. ...
DOLE FOOD COMPANY, INC. has set the terms for its IPO, which is a Re-IPO after going private back in 2003.  The offering is expected to raise close to $575 million, up from $500 million originally...
We have seen at least four different secondary offerings this morning, and there are some others that are pending to be priced for trading today.  The offerings are from Lithia Motors Inc. (NYSE:...