May 31, 2013, 1:16 pm EDT
May was awesome for IPO investors. Thirty deals hit the market — only the fourth month in the past decade with that many offerings.
During May, the Dow clocked an impressive 4% return, which no doubt helped offerings — the average return for IPOs this month was an impressive 12.62%. Of the 30, only nine transactions had negative returns, with the worst being Ambit Biosciences (AMBI), falling 11.6%. A total of 14 deals had double-digit returns during the month, including Marketo (MKTO), which topped all other May IPOs by posting a gain of 86.8%.
And as you’ll see, there were a couple of sectors that had a very good time with May IPOs … and one that decidedly didn’t. Read
May 30, 2013, 12:51 pm EDT
It’s been a year since Nasdaq OMX Group (NDAQ) launched the Facebook (FB) IPO — a deal that turned out to be dud in many ways, but early on because the exchange’s computers went haywire. The result was a deluge of orders that did not get confirmed, costing investors millions of dollars.
It also recently cost the Nasdaq millions.
The exchange operator has agreed to a $10 million settlement with the Securities and Exchange Commission. Read
May 30, 2013, 9:51 am EDT
According to the S&P Case-Shiller U.S. National Home Price Index, home prices in March were up 1.2% over the last three months and 10.2% in the past year. And as those prices march upward, home buyers face a daunting task in valuing potential purchases.
As a result, real estate information sites Trulia (TRLA) and Zillow (Z) have become indispensable. With plenty of room left for home prices to grow, though, there’s a dogfight between the two data providers.
Who will win? Well … more importantly, which stock should you own? Let’s discuss. Read
May 30, 2013, 9:32 am EDT
Starting an airline in late 2008 might seem like a textbook example of terrible timing.
But it worked for Brazilian operator Azul Brazilian Airlines.
The company’s founder, JetBlue (JBLU) mastermind David Neeleman, not only got Azul off the ground, but has been met with enormous success. Now, he’s taking his company public in the U.S. and in Brazil. Read
May 29, 2013, 7:00 am EDT
Online video ad network operator Tremor Video has been a much-rumored IPO candidate, but the recent filing of an S-1 puts some truth behind the buzz.
Founded in 2005, the company has turned into one of the top players in its space. Tremor’s platform, called VideoHub, allows customers to display ads across many platforms, including desktop computers, smartphones, tablets and even connected TVs. It also does this in a brand-safe way; i.e., ads do not appear on obscene or offensive videos!
Tremor also leverages rich analytics to monitor the ROI on campaigns. For example, Tremor has sophisticated technology that measures engagement (the interaction of a viewer with a video ad), brand lift and time spent. Read
May 28, 2013, 5:05 pm EDT
While it’s difficult to keep up with the latest trends in cosmetics, that’s hardly been an issue for Coty, which has been alive and kicking for almost a century.
Now the company is looking for another important chapter in its long history: an initial public offering in the U.S. market.
In the global market for fragrances, Coty is ranked No. 2 among competing brands from Calvin Klein, adidas, Davidoff, Playboy and Sally Hansen. Read