Virgin America Posts Yearly Loss; Eyes Possible IPO
Virgin America said it's close to turning around its financial losses and could be ready for an initial public offering as early as next year.
IPO
Claire's Stores: All Dressed Up and Ready to IPO
Claire's Stores, beloved by tween mall shoppers everywhere, has filed an IPO with the goal of raising $100 million for the seller of costume jewelry and accessories.
NY Judge Clears Path to IPO for Empire State Building
A Manhattan judge on Thursday backed a $55 million settlement in a court battle over the Empire State Building, good news for the owners' effort to raise $1 billion in an IPO.
Pfizer Spins Off Zoetis, Biggest IPO Since Facebook, Shares Soar
Pfizer's animal health business Zoetis has raised about $2.2 billion in its initial public offering of 86.1 million shares, and the stock is expected to begin trading Friday. Merck & Co.'s fourth-quarter profit fell 7 percent as generic competition slashed sales of its blockbuster allergy drug Singulair.
SeaWorld Files to Go Public with $100 Million IPO
SeaWorld's owner, Blackstone Group LP, will likely sell some of its stake in the deal. But the private equity firm will still own a majority of the voting power of the company's shares after the IPO, the company said in a filing with the Securities and Exchange Commission.
What Private-Equity Firms and Vampires Have In Common
The answer: dividend recaps. You see, you may think that when private-equity firms buy troubled companies, their plan is to fix them up and resell them. But often, the real plan is to load the companies up with debt, suck huge sums out of them, and stick the next set of investors with the bill.
3 Rules for Kick-Starting a Crowdfunded Business
Crowdfunding -- in which several investors put up cash for a project or business idea posted to the Web -- has become a major source of capital for start-up entrepreneurs. But just because you can go to the Web to raise seed money fast doesn't mean you should, or that it'll be easy.
Realogy Soars in 1st Day of Trading on NYSE
Shares of real estate services provider Realogy, whose brands Century 21, Coldwell Banker and The Corcoran Group, soared more than 22 percent in their first day of trading on the New York Stock Exchange.
How the JOBS Act Turns Ordinary Joes Into Venture Capitalists
On Thursday afternoon, President Obama signed the JOBS Act, and among the changes it will bring to the world of business startups is one that makes use of a rising trend: The power of crowdsourcing.
Outback Serves an IPO; Benihana Asks for a Private Table
The tables are turning in the casual dining industry. Outback Steakhouse, which sold itself to a private equity group, is gearing up to go public. At the same time, publicly held Benihana is looking for a way out.
Maker of Fender Guitars Files for $200M IPO
The company that makes Fender guitars is going public with a $200 million IPO. The iconic guitar maker was founded in 1946 by Leo Fender, and Fender guitars were played by some of the world's biggest music stars, from The Beatles to Jimi Hendrix to Eric Clapton.
Mark Zuckerberg's 6 Secrets for Success Revealed
Facebook's IPO has focused yet another spotlight on its founder, Mark Zuckerberg. But beyond the hoopla, there's another, quieter story to be found in the wunderkind CEO -- the lessons that can be gleaned from his life.
The 10 Most Important IPOs to Watch in 2012
After a year which featured lingering economic uncertainty, and underperformance from many popular IPOs, 2012 should see some exciting activity from the more than 200 companies hoping to go public. Here are 24/7 Wall St.'s picks for the top IPOs to watch.
Yelp IPO's Profit Enigma: Is the Site Making Money?
After reading the breathless media coverage about the rumored $2 billion Yelp IPO, I have one question: Does the online-review site make money? None of the articles made any mention, but profitability is the issue that should be first on investors' minds.
Most Expensive Groupon? The One You Forget to Use
As Groupon prepares for its IPO, here's a gentle reminder to the company's original public investors: the bargain buyers. If you don't redeem those Daily Deals -- and many of us forget to after we buy them -- they're just money down the drain for you, and pure profit for the company.