5 Things to Watch on Wall Street This Week
From the latest program out of the leading video streaming service to an IPO that's more than a little wet, there will be plenty of news breaking in the coming days.
IPOs
Blackstone-Owned SeaWorld Readies IPO
The theme park operator is going public, probably launching its IPO this month. SeaWorld will offer 20 million shares, expecting to price them between $24-27 apiece.
IPO Activity Heats Up Again
Investor uncertainty, the fiscal cliff debate, and the misadventures of some high-profile initial public offerings last year have led to a lack of new issues recently. But that's about to change.
Congress to America: Sorry. Gone Fishin'
Did you lose money on last month's Facebook IPO? How about on Groupon or Zynga? Perhaps something seemed a little off when you logged on to your brokerage account and either couldn't place an order or couldn't get confirmation that your order was placed? Congress couldn't care less.
What to Watch This Week: Funds, 'Flix, Photocopies and Freshmen
This week on Wall Street, everyone will be watching Netflix; mutual funds will talk assets under management; we'll see earnings from some stock freshmen; NFL teams will pick their own fresh stock; and a few companies are likely to issue deja vu quarterly reports.
Could Mark Zuckerberg Make $24 Billion?
A million dollars isn't cool. You know what's cool? Being as wealthy as a quarter of the households in the United States combined. That may soon be the state of the Facebook founder's finances; the company plans to go public at a valuation of $100 billion dollars.
10 IPOs You Can Buy at VIP Prices
IPOs can leave your average retail investor feeling left out -- a bunch of powerful bankers and their friends getting first dibs on a hot new company. But herein lies an advantage of the recent market turmoil: Many of the most noted recently-public companies are now trading for less than their original values.
Look Out for Dot-Bomb 2.0
The red-hot success of recent IPOs by internet companies has investors feeling lucky. But like every bubble, Dot-Bomb version 2.0 will leave investors bruised and banker laughing. Here's how you can avoid getting burned, and cash in on the trends driving these stocks without taking on all the risk.
Last Week's Biggest Market Head-Scratchers
Wall Street can be fickle, leaving investors scratching their heads in bewilderment. Some of last week's biggest surprises, blunders, and flat-out bone-headed moves included Morgan Stanley's downgrading of Google, another step toward a LivingSocial IPO, and irrational exuberance with respect to Wendy's stock.
LinkedIn Raises Price Range on IPO By Nearly 30%
Fueled by strong investor demand, LinkedIn bumped up its IPO pricing range by nearly 30% to between $42 and $45 a share on Tuesday, according to its filing with the SEC. The business-focused social networking giant previously had set its initial pricing range at $32 to $35 a share on May 9.
As IPOs Revive, Should You Be Joining In?
After a few comatose years following the financial crisis, the IPO market is roaring back. And with names like Facebook and Groupon driving the rumor mill, smaller investors are wondering how to get in on the action. The answer: Carefully, thanks to the many risks.
Where's the Surge in Social Media IPOs?
Given recent valuations for the likes of Zynga, you'd think investors would be frothing at the mouth for any IPOs in this sector. But only a few players look serious about going public soon, and investors aren't putting as much pressure on them to jump as you'd expect.
Gevo: Richard Branson's New Age Chemical Company Goes Public
Gevo, part of Richard Branson's Virgin Group companies, went public this week on Nasdaq. The firm sold 7.15 million shares at $15 each, which was at the high end of its estimated range of $13 to $15. On its first day of trading, the stock shot up about 16%.
Groupon CFO Jason Child: 'I Don't See Any Limits'
Although he says he's "not exactly certain what" Groupon's appeal is, Jason Child has plenty of possibilities. And he's certain that even given the online coupon company's explosive growth, there's plenty of room for further expansion. But don't expect an IPO anytime soon.
LinkedIn: A Small Player Tests the IPO Waters
Will a LinkedIn IPO test the waters for public offerings by other social networks? Or is the company just too small to be a real player in the sector?
Daily Blogwatch: 50 Cent's Investment Library
Among the top online stories for investors: Is there really a cupcake bubble? In defense of for-profit education; and what might 50 Cent's investment library might look like?
Chinese Firms Will Be IPO Fixtures in the U.S. in 2011
Look for Chinese companies to keep the U.S. IPO pipeline primed in 2011, coming off a year when they accounted for nearly a third of U.S. offerings. But they'll be less prominent on private exchanges like SharesPost, Second Market and Xpert Securities.
The Year in Tech: Top 10 Highlights of 2010
A broad array of technology news helped define 2010, from the launch of Apple's iPad to the arrival of the app to a supernova of Internet stock gains. Here's a look back at those major stories -- and a glimpse of some highlights you can expect next year.
Inside Wall Street: After an Early Stumble, SMART May Be a Smart Buy Now
The newly public company, which makes digital whiteboards for schools and business, started out with a hot IPO but quickly ran afoul of investors' expectations. But several analysts now see its beaten-down stock as a good opportunity.
A Love Story That Could Break Investors' Hearts
Youku, the highly promising Chinese online-video site, had the strongest first-day rally of anyone on a U.S. exchange since China's Baidu in 2005. But the flip side to promise is risk -- and the risks of pinning big hopes on Youku are also big.
Launched in China, Youku.com's Stock Goes Into Orbit
Have the markets entered an IPO time warp? This week, Chinese deals were red-hot. Take a look at Youku.com. In Wednesday's debut, itsstock soared 161% to $33.44, raising $203 million. It marked the best return since Baidu hit the markets five years ago.
Hot IPO: Dangdang, the Amazon of China, Soars 86.9% in Debut
In the latest of many recent successful Chinese IPOs, E-Commerce China Dangdang -- often called the Amazon of China -- saw its shares soar in its New York Stock Exchange debut Wednesday.
A New Record: Six Chinese IPOs to Hit U.S. Markets in a Week
As China's economy continues to grow, Chinese companies are flooding the U.S. IPO market. Six of the nine companies scheduled to go public on U.S. exchanges this week hail from China, and one Taiwanese company is also planning its debut.
Groupon Rejects Google: Is It Aiming for a Big IPO Instead?
Groupon has turned down Google's acquisition offer of roughly $6 billion. It might be holding out for more money, but columnist Alex Salkever thinks it's more likely to be aiming for a big IPO. Here's why he believes its offering could launch a whole new wave of Internet IPOs.
Energy Delivery Company Kinder Morgan Files for $1.5 Billion IPO
Three years after it went private in a management buyout, Texas-based Kinder Morgan, which provides transportation and storage for oil and natural gas, has filed for an initial public offering worth as much as $1.5 billion. Is stock-market appetite returning?
SodaStream Pops the Tab on a Promising IPO
Daniel Birnbaum, CEO of SodaStream, is betting he can turn carbonated-drink dispensers (100 flavors -- mix your own) into a household necessity. Based on his company's initial stock offering in early November, it looks like Wall Street agrees. [Video]
GM to Shed Government Control with $10 Billion IPO
General Motors's IPO later this month is expected to raise about $10 billion -- of between $26 and $29 per share -- and to reduce the U.S. government's stake of the company to a minority portion, the Associated Press reports.