Category Archives: The IPO Buzz

 

By: John E. Fitzgibbon, Jr.

 

Stocks are bought on hope, held in greed and sold in fear. First Egypt, then Japan and Libya have sprinkled fear over the markets and brought the Nasdaq Composite Index to its knees. It closed on Friday in minus territory for the year. And the IPO market? It has become selective.

 

 

By: John E. Fitzgibbon, Jr.

 

Reading tea leaves to get a glimpse of the future is a waste of time in the cynical eye of a Wall Street professional. Reading the S-1/A filings from the U.S. Securities and Exchange Commission’s filing window is a different story. Over the last 10 days, the S-1/A filings have been giving off a strong message. They’re saying: Get ready for an interesting IPO calendar.

 

 

By: John E. Fitzgibbon, Jr.

 

The IPO train rolls into town this week with bankers looking to raise $3.7 billion. That’s a lot of money, but the spotlight will be on only one deal.

 

 

By: John E. Fitzgibbon, Jr.

 

The saying around the golf links is “drive for show, putt for dough.” There’s a lot of truth in that. Today’s IPO market is a case in point.

 

By: John E. Fitzgibbon, Jr.

 

The financial media had a great time this past week ballyhooing a blockbuster billion-dollar IPO still in the pipeline. Here’s what the flutter was about.

 

 

By: John E. Fitzgibbon, Jr.

 

Old Mother Hubbard’s IPO cupboard looks pretty bare with only one new face on this week’s calendar and nothing on the horizon. But dramatic changes took place Friday that are signaling a turnaround.

 

 

By: John E. Fitzgibbon, Jr.

 

Kinder Morgan’s (KMI – proposed) blockbuster deal of $2.2 billion takes center stage in this week’s IPO Theater. But it’s not the only show in town. Last year’s average volume was slightly over three deals per week. This week’s calendar features 13 IPOs, amounting to a baker’s dozen in the week before Valentine’s Day. A pickup in IPO traffic  doesn’t just happen overnight. Here’s the back story.

 

By: John E. Fitzgibbon, Jr.

 

This week’s IPO calendar can be described as a lot of wing flapping and little flying. A dozen or so deals grace this week’s calendar, but there are no marquee names to grab any headlines. However, there’s an odd duck coming to the U.S. capital markets from the London Stock Exchange’s Alternative Investment Market, or AIM, that’s billed as an “IPO.” It isn’t.

 

 

By: John E. Fitzgibbon, Jr.

 

The 2011 IPO Circus blows into town this week featuring two star performers and a large supporting cast. This week’s IPO traffic of seven deals is expected to raise over $3 billion.

 

By: John E. Fitzgibbon, Jr.

 

Just appearing on the horizon in New York City’s harbor is a small armada carrying cargos of IPOs from near and far. They are expected to start arriving next week and open the front door to 2011’s IPO market. It’s Wall Street’s answer to Fleet Week, albeit a few months early.