The IPO Buzz: New Year and High Yield
The 2013 IPO Express is pulling into the Wall Street Station this week. The train is on time and in sync with past years – mid-January arrival – and this week’s theme is income. People are thirsty for yield.
Category Archives: The IPO Buzz
The IPO Buzz: Message in the IPO Median
Averages can be misleading. That’s what former Secretary of Labor Robert Reich told an investment bankers’ convention in 1994. He gave an example. He said if he (about 5 feet tall) got on an elevator with Kareem Abdul-Jabbar (about 7 feet tall), the average height of the occupants would be 6 feet. He made his point.
The IPO Buzz: IPO Drama in 2012
There were three noteworthy stories in 2012’s IPO market. The first was the year’s most dramatic IPO. The next was a major change in how companies go public. And the third was this year’s stock market – it wrote the script to the IPO calendar.
The IPO Buzz: 2012 IPO Game Not Over
“It ain’t over ‘til it’s over,” said baseball Hall of Fame member Yogi Berra. And those words of wisdom apply to today’s IPO calendar. Three of last week’s proposed offerings were pushed into this week. By Friday, the 2012 IPO market just might be over.
The IPO Buzz: Sunset for the IPOs of 2012
This week, the 2012 IPO Express prepares to make its last run of the year. Today’s timetable is only following schedules from past years when the IPO traffic comes to its end by mid-December.
The IPO Buzz: Ride a White Horse
December’s IPO calendar opens with WhiteHorse Finance (WHF – proposed) – and it’s the only deal expected this week. But most don’t consider this a true initial public offering. This deal was filed under the U.S. Securities and Exchange Commission’s (SEC) N-2 form, which is submitted by closed-end management investment companies under the Investment Company Act of 1940.
The IPO Buzz: Behind the Bare IPO Shelves
Don’t look now, but this week’s IPO calendar is clean and green. There’s nothing on it – much like the shelves of Old Mother Hubbard’s cupboard. But there are reasons for the vanishing faces of IPOs. One is the stock market. The other is a change in the rules.
The IPO Buzz: An IPO Wet Blanket
A two-month retreat in the Nasdaq Composite Index has rained on Wall Street’s IPO parade. Last week started with four deals on the calendar. In the end, two were withdrawn, one was postponed and the one that made it to market crashed on take-off. This week’s calendar features just two IPOs in a three-day workweek due to the Thanksgiving Day holiday break.
The IPO Buzz: Shorter Path to the IPO Calendar
When the 2012 U.S. presidential election moved into the history books last week, Wall Street turned its attention to the present – the fiscal cliff, Greece, Spain and, to a lesser degree, “What looks good in the IPO pipeline?”
The IPO Buzz: An IPO Rebound After Sandy
Hurricane Sandy stormed through New Jersey and reportedly knocked out power to 2.6 million customers. IPOScoop.com was one. A week later, it was reported that 445,000 PSE&G customers remained without power. IPOScoop.com is one.