Alibaba IPO – FAQs

Jun 19, 2014, 4:43 pm EDT
Alibaba IPO – FAQs


The buzz is that Alibaba, the Chinese ecommerce powerhouse, will pull off its IPO on August 8th. The reason: the number “8” symbolizes good fortune.

Regardless of the Alibaba IPO date – which is far from certain – the fact is that the deal will be massive. It could even be the biggest one in history. Consider that various analysts think the Alibaba IPO will raise a haul in excess of $20 billion.

If anything, the timing may be pretty good. JD.com (JD), which is China’s No. 2 ecommerce operator, recently launched a successful IPO, up about 40%. At the same time, the US markets are getting back on track. Just look at various successful tech IPOs like Arista Networks (ANET) and Zendesk (ZEN). Read 

Amazon Fire Phone – What You Need to Know About the 3D Smartphone

Jun 18, 2014, 4:20 pm EDT

Today Amazon (AMZN) took the wraps off of one of the worst-kept “secrets” in the tech world: the Fire Phone. Source: Amazon

Speculation of an Amazon smartphone has been ramping up for months and it hit a fevered pitch after Amazon announced the Seattle unveil and plastered its website with video of people reacting to a mystery device. After building up to the announcement by noting Amazon’s Prime ecosystem, its world-class hardware expertise and “hundreds of millions of engaged customers,” CEO Jeff Bezos finally held up the Fire Phone.

It’s not the cheap device we were expecting. Read 

Uber Legal Fight Gets Contentious

Jun 16, 2014, 1:53 pm EDT
Uber Legal Fight Gets Contentious Source: ©iStock.com/Aleutie

Much of Uber’s $1.2 billion in funding will be spent on legal and lobbying efforts against taxi regulators around the world

Destination Wealth Management CEO Michael Yoshikami believes Uber’s impressive $17 billion valuation is justifiable because it’s identified a sustainably profitable marketplace.

I think that latest valuation is definitely debatable, but much less so is the fact Uber’s legal and lobbying efforts are costing the company some serious coin. Read 

11 New Stocks to Watch – Biotech, Energy Deals Aplenty

Jun 16, 2014, 1:02 pm EDT
11 New Stocks to Watch – Biotech, Energy Deals Aplenty

Last week, the IPO market showed signs that it’s getting its footing back, with seven new stocks hitting the market. Some of the more notable deals included MobileIron (MOBL), which increased 22% on its first of trading, and Abengoa Yield (ABY), which shot up 27%. Source: ©iStock.com/pichet_w

As for the upcoming week, expect the volume to be turned up even more as 11 new stocks should hit the markets — many of them from the biotech and energy sectors.

Here’s a quick look at 11 new stocks to watch this week. Read 

GoDaddy Gives the IPO Road Another Shot

Jun 13, 2014, 12:29 pm EDT
GoDaddy Gives the IPO Road Another Shot

GoDaddy.com, which operates a cloud platform for small businesses, has filed for an initial public offering. However, while the market for new stocks has perked up lately — see Arista Networks (ANET) and Zendesk (ZEN) — the GoDaddy IPO might ultimately be a lackluster deal.

GoDaddy.com isn’t your typical youthful, up-and-coming offering — in fact, the company got its start back in 1997. At the time, founder Bob Parsons saw a big opportunity to provide tools to help build websites as well as register domain names.

A key to his strategy — and one that eventually became well known in the public domain — was going big on marketing. The web business quickly became a commodity, so Parsons spent massive amounts on television commercials and Super Bowl spots. By using shock ads featuring girls in bikinis instead of servers, Parsons created GoDaddy’s unique and well-known brand. He also signed celebrities, such as race car driver Danica Patrick and supermodel Bar Refaeli (also featured in bikinis). Read 

Michaels IPO Date Expected This Summer

Jun 13, 2014, 11:24 am EDT
Michaels IPO Date Expected This Summer

Michaels Stores, which is a top crafts retailer, has been trying to pull off an IPO for the past two years. Although Michaels’ SEC filings do not currently reflect it, according to a report in Reuters, it looks like an offering will finally happen — perhaps in the next couple weeks. With the overall equities markets bullish, the environment is certainly ideal for a Michaels IPO.

Michaels Craft Stores IPO Date Summer 2014

Founded in 1973, the company now has 1,145 Michaels locations as well as 118 Aaron Brothers stores. Each has about 36,000 stock-keeping units (“SKUs”) in arts, crafts, scrapbooking, floral, framing, home décor and seasonal offerings. This scale will certainly be a big attraction for investors looking at the Michaels IPO. Read 

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