Wednesday, July 20, 2011

2011-07-20: SXC, SunCoke Energy

Remark
.

IPO Date & Price
Symbol: SXC, SunCoke Energy
IPO date: 2011-07-20
Offer price/share: $16 x 11.6M = $185.6M

Underwriters
Joint Book Runner: Credit Suisse, BofA Merrill Lynch, Goldman, Sachs & Co., , ,
Co Manager: Barclays Capital, Citi, Wells Fargo Securities, Deutsche Bank Securities, Mitsubishi UFJ Securities, Mizuho Investors

Business
Industry: Energy-Coal
Full time Employee: 980
Founded: 1962

Largest independent producer of high-quality metallurgical coke in the Americas



Yahoo: http://finance.yahoo.com/q/pr?s=SXC

Tuesday, July 19, 2011

2011-07-19: Z, Zillow, Inc.

Remark
. Featured in IPO home

IPO Date & Price
Symbol: Z, Zillow, Inc.
IPO date: 2011-07-19
Offer price/share: $20 x 3.5M = $70M

Underwriters
Book Runner: Citi, , , , ,
Co Manager: Allen & Company, Pacific Crest, ThinkEquity, First Washington Corp., ,

Business
Industry: Comp-Internet-Content/Portal
Full time Employee: 275
Founded: 2004

Operates leading online real estate marketplace in the US



Yahoo: http://finance.yahoo.com/q/pr?s=Z

2011-07-19: SKUL, Skullcandy

Remark
.

IPO Date & Price
Symbol: SKUL, Skullcandy
IPO date: 2011-07-19
Offer price/share: $20 x 9.4M = $188M

Underwriters
Joint Book Runner: BofA Merrill Lynch, Morgan Stanley, , , ,
Co Manager: Jefferies & Co., Piper Jaffray, KeyBanc Capital Markets, Raymond James, ,

Business
Industry: Retail-Consumer Elect
Full time Employee: 200
Founded: 2003

Sells fashion-forward headphones and related accessories in 70 countries



Yahoo: http://finance.yahoo.com/q/pr?s=SKUL

Tuesday, June 28, 2011

2011-06-28: AWAY, HomeAway, Inc.

Remark
. Featured in IPO Home

IPO Date & Price
Symbol: AWAY, HomeAway, Inc.
IPO date: 2011-06-28
Offer price/share: $27 x 8M = $216M

Underwriters
Book Runner: Morgan Stanley, Deutsche Bank Securities, Goldman, Sachs & Co., J.P. Morgan, ,
Co Manager: Stifel Nicolaus Weisel, Pacific Crest, , , ,

Business
Industry: Comp-Internet-Content/Porta
Full time Employee: 842
Founded: 2004

Operates the world's largest online marketplace for vacation rentals



Yahoo: http://finance.yahoo.com/q/pr?s=AWAY

Thursday, June 23, 2011

2011-06-23: KIOR, KiOR

Remark
.

IPO Date & Price
Symbol: KIOR, KiOR
IPO date: 2011-06-23
Offer price/share: $15 x 10M = $150M

Underwriters
Book Runner: Credit Suisse, UBS Investment Bank, Goldman, Sachs & Co., , ,
Co Manager: Piper Jaffray, Citi, Deutsche Bank Securities, , ,

Business
Industry: Energy-Alternatives
Full time Employee: 107
Founded: 2007

Developing a platform to convert non-food biomass into fuel blendstocks



Yahoo: http://finance.yahoo.com/q/pr?s=KIOR

Thursday, June 16, 2011

2011-06-16: RATE, Bankrate, Inc.

Remark
.

IPO Date & Price
Symbol: RATE, Bankrate, Inc.
IPO date: 2011-06-16
Offer price/share: $15 x 20M = $300M

Underwriters
Joint Book Runner: Goldman, Sachs & Co., BofA Merrill Lynch, Citi, J.P. Morgan, ,
Co Manager: Allen & Company, Credit Suisse, Stephens Inc., RBC Capital Markets, Stifel Nicolaus Weisel,

Business
Sector: Technology
Industry: Internet Information Providers
Full Time Employees: 378
Founded: 1976

Leading publisher, aggregator and distributor of online personal finance content

Bankrate, Inc. offers online financial data feed management services. The company’s suite provides information on financial products, including mortgages, credit cards, new and used auto loans, money market accounts and CDs, checking and ATM fees, home equity loans, and online banking fees. Additionally, it offers tools and information via a suite of products and services that helps consumers in financial decisions; offers insurance rates for auto, home, life, health, and long term care; provides information and rates for title, inspection escrow, hazard, and appraisal fees; offers consumer and business credit cards via Internet; provides access to mortgage and financing calculators to help consumers with their home buying and home financing needs; publishes financial rates and information connecting consumers with lenders online; and provides rate information on savings products, such as certificates of deposits, savings accounts, and money market accounts. Bankrate, Inc., was formerly known as ilife.com Inc., and changed its name to Bankrate, Inc. in September, 2000. The company was founded in 1976 and is headquartered in North Palm Beach, Florida with additional offices in New York, Illinois, and California.

Yahoo: http://finance.yahoo.com/q/pr?s=RATE

Tuesday, June 14, 2011

2011-06-14: P, Pandora Media

Remark
.Featured in IPO Home

IPO Date & Price
Symbol: P, Pandora Media
IPO date: 2011-06-14
Offer price/share: $16 x 14.7M = $235.2M

Underwriters
Joint Book Runner: Morgan Stanley, J.P. Morgan, Citi, , ,
Co Manager: William Blair, Stifel Nicolaus Weisel, Wells Fargo Securities, , ,

Business
Sector: ?
Industry: ?
Full Time Employees: 295
Founded: 2000

Leading Internet radio company with 94 million registered users

Pandora Media, Inc. operates as an Internet radio company in the United States. It provides its radio service to traditional computers, Android phones, Blackberry phones, and the iPhone. The company allows listeners to seed personalized stations with artists, composers, songs, and genres or choose stations organized by genre, as well as enables listeners to create up to 100 personalized stations and use combination feature to listen to two or more of their stations at one time. It also offers display advertising, audio advertising, video advertising, and mobile advertising products. The company was formerly known as Savage Beast Technologies Incorporated and changed its name to Pandora Media, Inc. in July 2005. Pandora Media, Inc. was founded in 2000 and is based in Oakland, California

Yahoo: http://finance.yahoo.com/q/pr?s=P

Wednesday, June 8, 2011

2011-06-08: TAOM, Taomee Holdings

Remark
.

IPO Date & Price
Symbol: TAOM, Taomee Holdings
IPO date: 2011-06-08
Offer price/share: $9 x 7.2M = $64.8M

Underwriters
Joint Book Runner: Credit Suisse, Deutsche Bank Securities
Co Manager: Oppenheimer & Co., Pacific Crest, Stifel Nicolaus Weisel, CICC

Business
Sector: Services
Industry: Business Services
Full Time Employees: 467
Founded: 2007

The largest online entertainment platform for children in China

Taomee Holdings Ltd. together with its subsidiaries, operates as a children’s entertainment and media company in the People’s Republic of China. It operates through two segments, Online Business and Offline Business. The Online Business segment engages in developing and operating online virtual worlds and providing other online products and services. This segment offers www.61.com, an online community that offers interactive virtual worlds for children; Taomee Bus, a social network service for information exchange and entertainment among children; and third-party hosted games. The Offline Business segment focuses on merchandise licensing, publishing, and the development of media and entertainment products, such as animated television series, films, and live performance. This segment engages in the development and popularization of children’s books and magazines; and licensing of franchises to consumer goods makers in categories, such as apparel, toys, accessories, stationery, consumer electronics, and food and beverages. The company was founded in 2007 and is headquartered in Shanghai, the People’s Republic of China

Yahoo: http://finance.yahoo.com/q/pr?s=TAOM

2011-06-08: FIO, Fusion-io

Remark
. featured in IPO home

IPO Date & Price
Symbol: FIO, Fusion-io
IPO date: 2011-06-08
Offer price/share: $19 x 12.3M = $233.7M

Underwriters
Joint Book Runner: Goldman, Sachs & Co, Morgan Stanley, J.P. Morgan, Credit Suisse

Business
Sector: Technology
Industry: Data Storage Devices
Full Time Employees: 395
Founded: 2005

Offers a next generation storage memory platform that boosts data access speeds

Fusion-io, Inc. focuses on the development, marketing, and sale of storage memory platforms for data decentralization. The company’s platform enhances the processing capabilities within a datacenter by relocating process-critical or active data from centralized storage to the server where it is being processed. Its storage memory platform includes ioMemory hardware, VSL virtualization software, directCache automated data-tiering software, and ioSphere platform management software. The company sells its products through its direct sales force, original equipment manufacturers, resellers, and other channel partners in the United States, the United Kingdom, Germany, Japan, Hong Kong, Singapore, Australia, and Canada. The company was formerly known as Canvas Technologies, Inc. and changed its name to Fusion-io, Inc. in June 2010. Fusion-io, Inc. was founded in 2005 and is headquartered in Salt Lake City, Utah.

Yahoo: http://finance.yahoo.com/q/pr?s=FIO

Friday, May 27, 2011

2011-05-26: SZYM, Solazyme

Remark
.

IPO Date & Price
Symbol: SZYM, Solazyme
IPO date: 2011-05-26
Offer price/share: $18 x 11M = $198M

Underwriters
Joint Book Runner: Morgan Stanley, Goldman, Sachs & Co.
Co Manager: Jefferies & Co., Pacific Crest, Lazard Capital Markets

Business
Sector: Basic Materials
Industry: Chemicals - Major Diversified
Full Time Employees: 116
Founded: 2003

Transforms plant-based sugars into petroleum-based chemicals and fuels.

Solazyme, Inc. engages in the production of renewable oil. Its proprietary technology transforms a range of plant-based sugars into oils. The company’s industrial biotechnology platform harnesses the prolific oil-producing capability of microalgae. Solazyme utilizes industrial fermentation equipment to scale and accelerate microalgae’s natural oil production time to a few days. The company’s biotechnology platform also helps in the production of bioproducts, which are made from the protein, fiber, and other compounds produced by microalgae. It intends to refine and sell renewable oil as drop-in replacements for marine, motor vehicle, and jet fuels, as well as replacements for chemicals that are traditionally derived from petroleum or other conventional oils. Solazyme also develops microalgae-based food ingredients, including oils and powders that enhance the nutritional profile and functionality of food products; and a portfolio of microalgae-based products comprising Alguronic Acid, which would be formulated into a range of skin care products with significant anti-aging benefits and algal oils as replacements for the essential oils currently used in skin and personal care products. The company was founded in 2003 and is headquartered in South San Francisco, California

Yahoo: http://finance.yahoo.com/q/pr?s=SZYM

Thursday, May 26, 2011

Great article from seeking alpha

from: http://seekingalpha.com/article/271198-profiting-from-a-market-downturn-a-primer-on-short-selling



UltraShort ETFs


  • ProShares UltraShort S&P 500 (SDS)
  • Direxion Daily Small Cap Bear 3X Shares (TZA)
  • ProShares UltraShort Silver (ZSL)
  • ProShares UltraShort 20+ Year Treasury (TBT)
  • Direxion Daily Financial Bear 3X Shares (FAZ)
  • ProShares UltraShort QQQ (QID)
  • ProShares UltraShort Russell 2000 (TWM)
  • ProShares Short S&P 500 (SH)
  • ProShares UltraShort Dow 30 (DXD)
  • Direxion Daily Energy Bear 3X Shares (ERY)
  • ProShares UltraShort Financials (SKF)
  • ProShares UltraShort DJ-UBS Crude Oil (SCO)
  • Direxion Daily Emerging Mkts Bear 3X Shares (EDZ)
  • ProShares UltraShort Real Estate (SRS)
  • ProShares UltraShort Euro (EUO)
  • ProShares UltraShort Yen (YCS)
  • ProShares UltraShort Oil & Gas (DUG)
  • ProShares UltraShort Basic Materials (SMN)
  • ProShares UltraShort MSCI Emerging Mkts (EEV)
  • Direxion Daily Technology Bear 3X Shares (TYP)
  • ProShares UltraShort FTSE China 25 (FXP)

Wednesday, May 25, 2011

2011-05-25: LPR, Lone Pine Resources

Remark
.

IPO Date & Price
Symbol: LPR, Lone Pine Resources
IPO date: 2011-05-25
Offer price/share: $13 x 15M = $195M

Underwriters
Joint Book Runner: J.P. Morgan, Credit Suisse, TD Securities
Co Manager: BMO Capital Markets, Scotia Capital, Wells Fargo Securities, CIBC World Markets, RBC Capital Markets, BNP Paribas

Business
Sector: ?
Industry: ?
Full Time Employees: 56
Founded: 1916

Carve-out of Forest Oil's Canadian E&P operations.

?

Yahoo: http://finance.yahoo.com/q/pr?s=LPR

Tuesday, May 24, 2011

2011-05-24: ACTV, The Active Network

Remark
.

2011-05-24: ACTV, The Active Network

IPO Date & Price
Symbol: ACTV, The Active Network
IPO date: 2011-05-24
Offer price/share: $15 x 11M = $165M

Underwriters
Joint Book Runner: BofA Merrill Lynch, Citi
Co Manager: Allen & Company, Stifel Nicolaus Weisel, RBC Capital Markets, ThinkEquity, WR Hambrecht

Business
Sector: Technology
Industry: ?
Full Time Employees: 2,411
Founded: 1998

Provides an online registration platform for sporting events and outdoor activities

The Active Network, Inc., an online community, offers application services technology and marketing access to community service and participatory sports organizations. The company also offers programs, facility, golf course, membership, and revenue management software solutions for parks and recreation, education, and municipal golf courses; Web site content management software solutions; and cashiering and payment, citizen service request, and crisis communication software solutions for government. The company also provides golf course management software, online tee time reservations, and event management services for public, private, municipal golf courses, and multi-course facilities; database management, online registration, online donation, customized Web sites, and technology integration for sports teams, leagues, events, camps, tournaments, scout councils, and reunions; online technology solutions for donation and fundraising campaign management to non-profit organizations; integrated marketing, consumer promotions, and sponsorship program development and management for consumer brands; and marketing partnership programs and management for government, parks and recreation, and education markets. In addition, it provides direct marketing, Web site development, marketing materials, loyalty marketing programs, and online media services for parks and recreation, education, non-profit, government, golf, sports, scout council, and reunion agencies. Further, the company contracts with government agencies to design, host, and operate park reservation services. It serves its clients in New York, New York; Toronto, Canada; Dallas, Texas; and Phoenix, Arizona. The company has strategic alliance with DigitalTown Inc. The company was formerly known as Active.com and changed its name to The Active Network, Inc. in 2001. The Active Network, Inc. was founded in 1998 and is based in San Diego, California with additional offices in Burnaby, Canada; and Sacramento, California.

Yahoo: http://finance.yahoo.com/q/pr?s=ACTV

Monday, May 23, 2011

2011-05-23: YNDX, Yandex N.V.

Remark
. Featured in IPO Home

IPO Date & Price
Symbol: YNDX, Yandex N.V.
IPO Date: 2011-05-23
Offer price/share: $25 x 52.2M = $1305M

Underwriters
Joint Book Runner: Morgan Stanley, Deutsche Bank Securities, Goldman, Sachs & Co.
Co Manager: Piper Jaffray, Pacific Crest

Business
Sector: Technology
Industry: Internet Information Providers
Full Time Employees: 2,677
Founded: 2000

Russia's leading online search engine

Yandex N.V. operates an Internet search engine in Russia. It offers access to a range of information available online; email and personalized services, including email, photo, Website, and blog-hosting services; maps and location-based services comprising map service, road traffic congestion monitoring, maps of metro systems, panoramic photo images of streets and towns, and user-generated map services; and downloadable applications and services for mobile and digital platforms and devices. The company also provides desktop applications consisting of specialized toolbar for Web browsers, Russian-to-English and English-to-Russian keyboard layout switcher, online notification service, and customized browser versions; and server applications for indexing and searching files in various formats, as well as an anti-spam technology designed for corporate users and Internet service providers. In addition, it offers specialized search services, such as news aggregation and information services, price comparison services, image and video search services, directory of Websites, weather reporting services, music streaming services, a reference and multi-language translation tool with spellchecker, a TV program guide, blog search tools, tour planning services, job and property search services, and a search service allowing users to access aggregate classified ads and other information, including user reviews for new and used cars, as well as service for searching for theatrical events. Further, the company provides other specialized search services comprising a financial products service that allows users to search for and compare various financial products and services; a service, which aids users in comparing bank deposit interest rates, credit products, car loans, and mortgages; and a demo version of the Uniform State Exam, the Russian equivalent of the SAT college admission test. Yandex N.V. was incorporated in 2004 and is headquartered in Moscow, the Russian Federation.

Yahoo: http://finance.yahoo.com/q/pr?s=YNDX

The Stock Bandit's IPO strategy

Source http://www.thestockbandit.net/2006/10/18/ipo-trading/


Earlier this week in the Free Newsletter (sign up in the sidebar at TheStockBandit.com) we discussed trading IPO’s, but let’s go a little deeper.
IPO’s are making a comeback these days in the market. With the indexes climbing steadily higher, new issues are garnering attention as sexy trading vehicles once again. Back in the day, trading IPO’s was a wild ride which everyone wanted in on. The trading world was fully aware of what was due to begin trading on a given day, and you were sure to find some heavy action in those stocks once they opened and for the first few days of trading.
Times have changed, and so have the ways which IPO’s are being traded. It’s a given that today’s IPO’s are a far cry from those of 1999 and early 2000, so naturally that means they require different trading methods.
I’m a big proponent of monitoring the “personality” of stocks before I trade them. How else can you set your expectations for how a stock will move, where to place your stops, and how aggressively to trade them?
There are still some great moves out there taking place in IPO’s, but generally I’m finding the best moves are secondary rather than the primary (or initial) move.
The way we trade IPO’s at TheStockBandit.com is to let them make their initial moves, settle down a bit, and get set up for a secondary move. I like to see IPO’s trade for a few days so that I can get a feel for how they’re moving and what kind of volume they have (what is the overall interest in this stock?) and then take them for a trade on a secondary move.
Many IPO’s will have some initial excitement and then begin to consolidate. Volume falls off and the stock moves horizontally, creating a base from which a secondary move can launch. The majority of the time these bases come in the form of a bull flag pattern, a cup and handle pattern or a bullish ascending triangle, and that makes it very clear what the pivot point should be for getting long. Let’s look at a few examples of IPO’s which fit the description.
CVLTCVLT (Click image for full size.)
RVBDRVBD (Click image for full size.)
HBIHBI (Click image for full size.)
DIVXDIVX (Click image for full size.)
BAREBARE (Click image for full size.)
There are a ton of ways to profit in the market, and swing trading IPO’s as they emerge from traditional chart patterns is one of them. We trade some of these at TheStockBandit.com, and even if you’re on the free trial I’ll show you what I’m seeing in the charts and outline my trade parameters along the way. If they fail, my bail out will be close by thanks to the pattern, so it’s no big deal. And if they work, well it’s blue sky above and there’s no telling how far they might run!
Jeff White
President, The Stock Bandit, Inc.

StockBee's IPO strategy.

Source: http://stockbee.blogspot.com/2007/07/how-to-trade-ipos.html

25% of the stocks in Double Trouble universe have IPOed in last 2 years. Trading IPO's can be profitable for variety of reason. As the universe of stocks to watch in IPO is small, it is easier to catch such IPO's. There are 3 traders I know, who only trade IPO's. By specializing on a narrow segment of the market they get in to all good IPO moves.

Recently I had lunch with one such trader, she had 90% return last year trading only IPO's. There is another trader who specializes in trading IPO's and is regular reader of the blog. From time to time he keeps sending me detailed analysis on IPO's and which one are likely to move. After chatting with these IPO specialist I have learned a lot on trading IPO's and has incorporated their learnings in to trading. One of them has requested me to incorporate IPO as subsection in Opportunity Buffet and which I will do in a day or two.

So what works in IPO's according to these veterans and my experience:

1 IPO's with good earnings or sales growth. This is number one criteria to look for. If an IPO has good IBD ratings I pay special attention to it.
2 IPO underwritten by Goldman Sachs, Morgan Stanley, Merrill Lynch or Credit Suisse
3 IPO's which IPO during market weakness. They really do well. Because unless the company is really solid, who would buy during market weakness. e./g. companies like Coach, it IPOed in the darkest period and went on to great height.
4 IPO's which do not go down more than 35% below first day trading close
5 IPO's with spin offs

The best way to trade IPO is by just running a simple 4% plus breakout scans.
(100*(c-c1)/c1)>=4 and v>=1000 and v>v1
Generally breakout on IPO's have follow through.

The IPO's which do not do well in first year become part of my Virgins strategy.

Q&A: underwriter vs. bookrunner vs. lead manager

Source: http://www.wallstreetoasis.com/forums/ipo-underwriter-vs-bookrunner-vs-lead-manager#comment-191894

Underwriters include all of the banks that sell the IPO shares to institutions. Typically underwriters are segregated into bookrunners and co-managers. Bookrunners do the majority of the work and collect the largest % of fees. Co-managers play a more passive role in the deal execution but usually initiate research coverage on the company afterwards.

Some equity deals will add additional titles and responsibilities to these roles so that fees are split a certain way or so one bank gets more promotional credit. I think this is what a "global coordinator" is: just a way for the lead bookrunner to further separate themselves from the others. Probably means that bank will coordinate all of the roadshow, lead discussions with the company, etc.

Wednesday, May 18, 2011

2011-05-18: LNKD, LinkedIn

Remark
. Featured in IPO Home

IPO Date & Price
Symbol: LNKD, LinkedIn
IPO Date: 2011-05-18
Offer price/share: $45 x 7.8M = $351M

Underwriters
Joint Book Runner: Morgan Stanley, BofA Merrill Lynch, J.P. Morgan
Co Manager: Allen & Company, UBS Investment Bank

Business
Sector: Technology
Industry: Internet Information Providers
Full Time Employees: 1,288
Founded: 2002

World's leading online professional network with more than 100 million members.

LinkedIn Corporation operates an online professional network. The company, through its proprietary platform, allows members to create, manage, and share their professional identity online, build and engage with their professional network, access shared knowledge and insights, and find business opportunities. Its platform also provides members with applications and tools to search, connect, and communicate with business contacts, learn about career opportunities, join industry groups, research organizations, and share information. In addition, LinkedIn Corporation offers LinkedIn mobile applications across a range of platforms and languages, such as the Android, Blackberry, iPad, iPhone, and palm mobile devices; a public Website that allows developers to integrate its content and services into their applications; and a set of embeddable widgets to allow Web developers to include content from the company’s network into their Website or application. Further, it provides hiring solutions, including LinkedIn Corporate Solutions that enable enterprises and professional organizations to find, contact, and hire qualified candidates; LinkedIn Jobs, which allows enterprises and professional organizations to advertise job opportunities on the company’s network; and subscriptions that enable recruiters and hiring managers to find, contact, and manage potential candidates. Additionally, the company offers marketing solutions comprising LinkedIn Ads, a self-service platform that enable advertisers to build and target their advertisement to its members; LinkedIn Ads for Enterprise, which are marketing solutions to target larger advertisers that receive dedicated account management and additional marketing solutions; and premium subscriptions that are subscription packages designed for general professionals to manage their professional identity and connect with talent. LinkedIn Corporation was founded in 2002 and is headquartered in Mountain View, California.

Yahoo: http://finance.yahoo.com/q/pr?s=LNKD

Wednesday, May 11, 2011

2011-05-11: ZX, China Zenix Auto International

Remark
. Chinese
. featured in IBD


IPO Date & Price
Symbol: ZX, China Zenix Auto International
IPO Date: 2011-05-11
Offer price/share: $6 x 12.9M = $77.4M

Underwriters
Joint Book Runner: Morgan Stanley
Co Manager: William Blair, Oppenheimer & Co.

Business
Sector: N/A
Industry: N/A
Full Time Employees: 5,185
Founded: 2003

China's largest manufacturer of commercial vehicle wheels

China Zenix Auto International Ltd. , an investment holding company, engages in the research, development, production, and sale of commercial vehicle wheels to after market and original equipment manufacturer market in the People’s Republic of China. It offers approximately 80 series of tubed steel wheels, 70 series of tubeless steel wheels, and 80 series of off-road steel wheels. The company markets its products under Zhengxing, Zhengxing Prince, Haixia, Zhengchang, Lianxing, and CZX brands. China Zenix Auto International Ltd. sells its products directly and through distributors. It also exports its products to 30 countries worldwide, including Indonesia, Malaysia, and Thailand. The company was formerly known as Richwheel Limited and changed its name to China Zenix Auto International Ltd. in November 2010. The company was founded in 2003 and is headquartered in Zhangzhou, China

Yahoo: http://finance.yahoo.com/q/pr?s=ZX

2011-05-11: FENG, Phoenix New Media Limited

Remark
. Chinese

IPO Date & Price
Symbol: FENG, Phoenix New Media Limited
IPO Date: 2011-05-11
Offer price/share: $11 x 12.8M = $140.8M

Underwriters
Joint Book Runner: Morgan Stanley, Deutsche Bank Securities, Macquarie Capital
Co Manager: Cowen & Company, CICC

Business
Sector: Services
Industry: Business Services
Full Time Employees: 836
Founded: 2000

Operates a leading news and premium content web site (ifeng.com) in China.

Phoenix New Media Limited provides content on an integrated platform across Internet, mobile, and TV channels in the People’s Republic of China. It offers content and services through three channels, including online channel at ifeng.com, video channel, and mobile channel, as well as transmits content to TV viewers, primarily through Phoenix TV. The company, through its Website, ifeng.com, provides approximately 40 interest-based verticals, such as news, finance, entertainment, fashion, military affairs, history, commentary, real estate, digital books, philanthropy, and Buddhism; interactive services, including blog, micro-blog, user surveys, comment posting, and discussion forum; and personalized features at ucenter.ifeng.com. Its video channel services comprise v.ifeng.com vertical that offers free online video on demand, live Phoenix TV broadcasts, subscription online video service, and pay-per-view online video service; mobile subscription and pay-per-view video services; mobile video application; and video content sales. The company’s mobile channel consists of 3g.ifeng.com mobile Website; and mobile Internet and value-add services, including mobile newspaper service, digital books service, digital reading applications, and mobile game services, as well as wireless value-added services comprising SMS-based, music, IVR-based, WAP-based services, and MMS-based services. The company was incorporated in 2007 and is based in Beijing, the People’s Republic of China. Phoenix New Media Limited is a subsidiary of Phoenix Satellite Television (B.V.I.) Holding Limited.

Yahoo: http://finance.yahoo.com/q/pr?s=FENG

Tuesday, May 10, 2011

2011-05-10: DATE, Jiayuan.com International Ltd.

Remark
. Chinese
. Featured in IPO Home

IPO Date & Price
Symbol: DATE
IPO Date: 2011-05-10
Offer price/share: $11 x 7.1M = $78.1M

Underwriters
Joint Book Runner: BofA Merrill Lynch, Citi
Co Manager: CICC, Oppenheimer & Co., Stifel Nicolaus Weisel

Business
Sector: Technology
Industry: Internet Information Providers
Full Time Employees: 382
Founded: 2003

China's largest online dating site with over 40 million registered users

Jiayuan.com International Ltd. operates an online dating platform in the People's Republic of China. The company, through its Website, Jiayuan.com, provides single adults with opportunities to meet, interact, and form a long-term relationship aimed towards marriage. It online dating platform allows users to post their own profiles and pictures and have those profiles and pictures viewed by other users, as well as enables users to browse the profiles and pictures of other users, save their preferences, and send messages to other users. The company also offers a range of value-added services, including purchasing virtual gifts for another user, improving one's search ranking, priority rankings for sent messages, online chatting, and premium display of their pictures and profiles, as well as advanced memberships that allow a user access to enhanced features on the Website, such as seeing the users who have reviewed their user profile, seeing the time of another user's last log-in, and more refined profile searches. In addition, it provides certain features of online dating services accessible through mobile browsers, such as sending and reading messages, viewing and modifying profiles, and purchasing certain value-added services. Further, the company offers traditional dating services consisting of hosting and organizing offline events; and VIP services, such as placement of targeted ads on the Website, conducting face-to-face interviews of potential companions, and hosting VIP offline events. Additionally, it sells advertising space on online dating Website. The company was founded in 2003 and is based in Beijing, the People’s Republic of China.

Yahoo: http://finance.yahoo.com/q/pr?s=DATE

2011-05-10: RLJ, RLJ Lodging Trust

Remark
. Hotel REIT

IPO Date & Price
Symbol: RLJ
IPO Date: 2011-05-10
Offer price/share: $18 x 27.5M = $495M

Underwriters
Joint Book Runner: BofA Merrill Lynch, Barclays Capital, Wells Fargo Securities
Co Manager: Deutsche Bank AG, Goldman, Sachs & Co., KeyBanc Capital Markets, Raymond James, RBC Capital Markets

Business
Sector: Financial
Industry: REIT - Hotel/Motel
Full Time Employees: 50
Founded: 2000

Self-managed REIT with a portfolio of 140 limited-service urban hotels.

Boingo Wireless, Inc., together with its subsidiaries, provides mobile Wi-Fi Internet solutions. The company installs, manages, and operates wireless network infrastructure to provide Wi-Fi services at its managed and operated hotspots, such as airports, hotels, coffee shops, shopping malls, arenas, stadiums, and quick service restaurants in North America, South America, Europe, the Middle East, Africa, and Asia. Its solution includes software for Wi-Fi enabled devices comprising smartphones, laptops, and tablet computers, as well as back-end system infrastructure that detects and enables access to Wi-Fi network. The company provides its solutions to individual users and partners consisting of telecom operators, network operators, cable companies, technology companies, enterprise software and services companies, and communications companies. In addition, it provides billing system and customer support services. Boingo Wireless, Inc. was founded in 2001 and is headquartered in Los Angeles, California.

Yahoo: http://finance.yahoo.com/q/pr?s=RLJ

Tuesday, May 3, 2011

2011-05-03: WIFI, Boingo Wireless

Remark
.

IPO Date & Price
IPO Date: 2011-05-03
Offer price/share: $13.5 x 5.8M = $78.3M

Underwriters
Joint Book Runner: Credit Suisse, Deutsche Bank Securities
Co Manager: Pacific Crest, William Blair

Business
Sector: Technology
Industry: Information Technology Services
Full Time Employees: 135
Founded: 2001

Leading provider of mobile Wi-Fi software and services with 325,000 hotspots.

Boingo Wireless, Inc., together with its subsidiaries, provides mobile Wi-Fi Internet solutions. The company installs, manages, and operates wireless network infrastructure to provide Wi-Fi services at its managed and operated hotspots, such as airports, hotels, coffee shops, shopping malls, arenas, stadiums, and quick service restaurants in North America, South America, Europe, the Middle East, Africa, and Asia. Its solution includes software for Wi-Fi enabled devices comprising smartphones, laptops, and tablet computers, as well as back-end system infrastructure that detects and enables access to Wi-Fi network. The company provides its solutions to individual users and partners consisting of telecom operators, network operators, cable companies, technology companies, enterprise software and services companies, and communications companies. In addition, it provides billing system and customer support services. Boingo Wireless, Inc. was founded in 2001 and is headquartered in Los Angeles, California.

Yahoo: http://finance.yahoo.com/q/pr?s=WIFI

2011-05-03: RENN, Renren Inc.

Remark
. Chinese
. Featured in IPO Home

IPO Date & Price
IPO Date: 2011-05-03
Offer price/share: $14 x 53.1M = $743.4M

Underwriters
Joint Book Runner: Morgan Stanley, Deutsche Bank Securities, Credit Suisse, BofA Merrill Lynch, Jefferies & Co.
Co Manager: Pacific Crest, Oppenheimer & Co.

Business
Sector: Services
Industry: Business Services
Full Time Employees: 1570
Founded: 2002

Operates the leading online social network in China with 117 million users

Renren Inc. operates a social networking Internet platform in China. Its platform enables users to connect and communicate with each other; share information and user-generated content; play online games; listen to music; and shop for deals. The company’s platform includes Renren.com, a social commerce site; Nuomi.com, a social Q&A Website focused on the auto industry; Game.renren.com, an online games center; and Jingwei.com, a professional and business SNS Website. It also develops and operates Web-based games. The company was formerly known as Oak Pacific Interactive and changed its name to Renren Inc. in December 2010. The company was founded in 2002 and is headquartered in Beijing, China.

Yahoo: http://finance.yahoo.com/q/pr?s=RENN

2011-05-03: RPXC, RPX Corporation

Remark
.

IPO Date & Price
IPO Date: 2011-05-03
Offer price/share: $19 x 8.4M = $159.6M

Underwriters
Joint Book Runner: Goldman, Sachs & Co., Barclays Capital
Co Manager: Allen & Company, Baird, Cowen & Company

Business
Sector: Services
Industry: Business Services
Full Time Employees: 76
Founded: 2008

Acquires and licenses client patent assets to defend against patent trolls

RPX Corporation provides patent risk management solutions in the United States, Europe, and Asia. It offers a subscription-based patent risk management solution that facilitates exchanges of value between owners and users of patents. The company provides a defensive patent aggregation solution in which it acquires patents or licenses to patents and licenses these patents to clients to protect them from patent infringement assertions. It also allows its clients access to the company’s proprietary patent market intelligence and data. The company’s clients include companies that make or sell technology-based products and services, as well as companies that use technology in their businesses. RPX Corporation was founded in 2008 and is based in San Francisco, California

Yahoo: http://finance.yahoo.com/q/pr?s=RPXC

Wednesday, April 20, 2011

VNET:2011-04-20: 21Vianet Group

Remark
. Chinese company
. Featured in IPO Home

IPO Date & Price
IPO Date: 2011-04-20
Offer price/share: $15 x 13M = $195M

Underwriters
Joint Book Runner: Morgan Stanley, Barclays Capital, J.P. Morgan
Co Manager: Piper Jaffray, William Blair, Pacific Crest

Business
Sector: Technology
Industry: Application Software
Full Time Employees: 582
Founded: 1999

Largest carrier-neutral Internet data center services provider in China

21Vianet Group, Inc. provides carrier-neutral Internet data center services in China. The company hosts and offers interconnectivity for customers’ servers and networking equipment to enhance the availability and security of their Internet infrastructure. Its hosting and related services include managed hosting services that dedicate data center space to house customers’ servers and networking equipment and provide tailored server administration services; interconnectivity services, which allow customers to connect their servers with Internet backbones in China and other networks through Border Gateway Protocol network, or single-line, dual-line, or multiple-line networks; and value-added services comprising firewall services, server load balancing, data backup and recovery, data center management, server management, and backup server services. The company also provides managed network services that allow customers to deliver data across the Internet through a hosting area network, data transmission network, and proprietary BroadEx smart routing technology; and cloud infrastructure services, which enables businesses to run their applications over the Internet without having an information technology infrastructure on their own premises. Its customers include Internet companies, government entities, blue-chip enterprises, and small-to mid-sized enterprises. The company was founded in 1999 and is headquartered in Beijing, the People’s Republic of China

Yahoo: http://finance.yahoo.com/q/pr?s=VNET

MKTG:2011-04-20: Responsys

Remark
.

IPO Date & Price
IPO Date: 2011-04-20
Offer price/share: $12 x 6.6M = $79.2M

Underwriters
Joint Book Runner: Morgan Stanley, Credit Suisse
Co Manager: William Blair, JMP Securities, Pacific Crest

Business
Sector: Technology
Industry: Application Software
Full Time Employees: 488
Founded: 1998

Responsys, Inc. provides on-demand software and professional services to enterprise and larger mid-market companies. Its Responsys Interact suite provides marketers a solution to create, execute, optimize, and automate marketing campaigns across email, mobile, social, and Web channels. The company’s Interact Suite comprises various integrated applications that enable the design, management, and automation of tasks and processes for executing email and cross-channel marketing campaigns. Its platform also integrates and leverages third-party applications and real-time data sources allowing customers to segment and deliver targeted content to their customers and known prospects as part of their interactive marketing campaigns. The company’s professional services comprise strategic, creative, deliverability, campaign, and education services. It serves retail and consumer, travel, financial services, and technology industries. Responsys, Inc. was founded in 1998 and is headquartered in San Bruno, California.

Yahoo: http://finance.yahoo.com/q/pr?s=MKTG

Tuesday, April 19, 2011

SGNT:2011-04-19: Sagent Pharmaceuticals

Remark
.

IPO Date & Price
IPO Date: 2011-04-19
Offer price/share: $16 x 5.8M = $92.8M

Underwriters
Joint Book Runner: Morgan Stanley, BofA Merrill Lynch, Jefferies & Co.
Co Manager: Needham & Co., RBC Capital Markets

Business
Sector: N/A
Industry: N/A
Full Time Employees: N/A
Founded: 2006

Sagent Pharmaceuticals, Inc., a specialty injectables company, engages in developing, manufacturing, sourcing, and marketing injectable pharmaceutical products in the United States and internationally. It offers injectable products in the therapeutic areas of cardiovascular, anti-infective/antibacterial, antineoplastic agent, and antiemetic. The company’s products also include heparin sodium injections; and ANEclear, a disposable anesthesia recovery device that enables clinicians to remove unwanted anesthetic gases from their patients' brain, blood, and lungs at the end of the surgical procedure. It offers various packaging options, including premix bags, prefilled syringes, single-dose vials, and pharmacy bulk package vials. Sagent Pharmaceuticals, Inc. was founded in 2006 and is based in Schaumburg, Illinois. Sagent Pharmaceuticals, Inc. operates as a subsidiary of Sagent Holding Co

Yahoo: http://finance.yahoo.com/q/pr?s=SGNT

Monday, April 18, 2011

AL:2011-04-18: Air Lease Corporation

Remark
.

IPO Date & Price
IPO Date: 2011-04-18
Offer price/share: $26.5 x 30.3M = $802.95M

Underwriters
Joint Book Runner: J.P. Morgan, Credit Suisse
Co Manager: Barclays Capital, FBR Capital Markets, RBC Capital Markets, Wells Fargo Securities, Macquarie Capital, Scotia Capital, Societe Generale

Business
Sector: Services
Industry: Rental & Leasing Services
Full Time Employees: 34
Founded: 2010

Global aircraft leasing company with a fleet of 46 commercial aircraft.

Air Lease Corporation engages in the purchase and leasing of aircraft. It leases its aircraft to airline customers in Asia, the Pacific Rim, Latin America, the Middle East, and eastern Europe. The company also plans to provide fleet management and remarketing services to third parties. As of December 31, 2010, its aircraft fleet consisted of 36 narrow body aircraft and 4 wide body aircraft. The company was founded in 2010 and is based in Los Angeles, California.

Yahoo: http://finance.yahoo.com/q/pr?s=AL

Thursday, April 14, 2011

STIR:2011-04-14: STAG Industrial.

Remark
. REIT

IPO Date & Price
IPO Date: 2011-04-13
Offer price/share: $13 x 13.8M = $179.4M

Underwriters
Joint Book Runner: BofA Merrill Lynch, J.P. Morgan, UBS Investment Bank
Co Manager: RBC Capital Markets, Evercore Partners, Keefe Bruyette Woods, RBS

Business
Sector: Financial
Industry: REIT - Industrial
Full Time Employees: 25
Founded: 2003

Newly formed REIT with a portfolio of 91 single-tenant industrial properties.

STAG Industrial, Inc. is based in United States

Yahoo: http://finance.yahoo.com/q/pr?s=STIR

Wednesday, April 13, 2011

ARCO:2011-04-13: Arcos Dorados Holdings Inc.

Remark
. Large IPO
. well-established since 1967

IPO Date & Price
IPO Date: 2011-04-13
Offer price/share: $17 x 73.5M = $1249.5M

Underwriters
Joint Book Runner: BofA Merrill Lynch, J.P. Morgan, Morgan Stanley, Itau BBA, Citi
Co Manager: None

Business
Sector: Services
Industry: Restaurants
Full Time Employees: 86,002

World's largest McDonald's franchisee with 1,755 locations in Latin America

Arcos Dorados Holdings Inc. operates and franchises McDonald’s restaurants. The company has operations in 19 territories, including Argentina, Aruba, Brazil, Chile, Colombia, Costa Rica, Curacao, Ecuador, French Guyana, Guadeloupe, Martinique, Mexico, Panama, Peru, Puerto Rico, Uruguay, the U.S. Virgin Islands of St. Croix and St. Thomas, and Venezuela. As of December 31, 2010, it operated 1,292 company-operated restaurants and 463 franchised restaurants. The company was founded in 2007 and is headquartered in Buenos Aires, Argentina.

Yahoo: http://finance.yahoo.com/q/pr?s=ARCO

TMS:2011-04-13: TMS International

Remark
. Nothing ?

IPO Date & Price
IPO Date: 2011-04-13
Offer price/share: $13 x 11.2M = $145.6M

Underwriters
Joint Book Runner: BofA Merrill Lynch, Credit Suisse, J.P. Morgan
Co Manager: KeyBanc Capital Markets, RBC Capital Markets, Raymond James, BMO Capital Markets, CIBC World Markets, Griffiths McBurney, NBF Securities (USA) Corp.....

Business
Sector: Services
Industry: Staffing & Outsourcing Services
Full Time Employees: 3900

TriMas Corporation designs, manufacturers, and distributes various products for commercial, industrial, and consumer markets worldwide. It operates in five segments: Packaging, Energy, Aerospace & Defense, Engineered Components, and Cequent. The Packaging segment offers steel and plastic closure caps, drum enclosures, and rings and levers, as well as dispensing systems, such as pumps and specialty sprayers for industrial and consumer packaging applications. The Energy segment provides natural gas engines, compressors, gas production equipment, and chemical pumps for the oil and gas industry, as well as metallic and non-metallic industrial sealant products and fasteners for the petroleum refining, petrochemical, and other industrial markets. The Aerospace & Defense segment offers a range of products, including engineered specialty fasteners and screws for the commercial and military aerospace industries, and military munitions components for the defense industry. The Engineered Components segment provides high-pressure and low-pressure cylinders for the transportation, storage, and dispensing of compressed gases; specialty fittings for the automotive industry; precision cutting instruments for the medical industry; and specialty precision tools, such as center drills, cutters, end mills, and countersinks for the industrial metal-working market. The Cequent segment offers custom-engineered towing, trailering, and electrical products comprising trailer couplers, winches, jacks, trailer brakes and brake control solutions, lighting accessories, and roof racks for the recreational vehicle, agricultural, utility, marine, automotive, and commercial trailer markets; and functional vehicle accessories and cargo management solutions, including vehicle hitches and receivers, sway controls, weight distribution and fifth-wheel hitches, hitch-mounted accessories, and other accessory components. The company is based in Bloomfield Hills, Michigan.

Yahoo: http://finance.yahoo.com/q/pr?s=TMS

ZIP:2011-04-13: Zipcar

Remark
. Featured in IPO Home

IPO Date & Price
IPO Date: 2011-04-13
Offer price/share: $18 x 9.7M = $174.6M

Underwriters
Joint Book Runner: Goldman, Sachs & Co., J.P. Morgan
Co Manager: Cowen & Company, Needham & Co., Oppenheimer & Co.

Business
Sector: Services
Industry: Consumer Services
Full Time Employees: 474

Zipcar, Inc. operates a car sharing network for its members in metropolitan areas and on university campuses in the United States, Canada, and the United Kingdom. The company provides its members with self-service vehicles that are located in reserved parking spaces throughout the neighborhoods where they live and work. Its members include individuals, universities, businesses, and government agencies. The company was founded in 2000 and is headquartered in Cambridge, Massachusetts.

Yahoo: http://finance.yahoo.com/q/pr?s=ZIP

Thursday, April 7, 2011

UAN:2011-04-07: CVR Partners, LP

Remark
. Spin-off

IPO Date & Price
IPO Date: 2011-04-07
Offer price/share: $16 x 19.2M = $307.2M

Underwriters
Joint Book Runner: Morgan Stanley, Barclays Capital, Goldman, Sachs & Co.
Co Manager: Dahlman Rose & Co., RBS, Simmons & Co., Suntrust Robinson Humphrey

Business
Sector: Basic Materials
Industry: Agricultural Chemicals
Full Time Employees: 122

CVR Partners, LP engages in the production of nitrogen fertilizers including ammonia and urea ammonium nitrate. The company was incorporated in 2007 and is based in Sugar Land, Texas. CVR Partners, LP operates as a subsidiary of CVR Energy, Inc.

Yahoo: http://finance.yahoo.com/q/pr?s=UAN

Thursday, March 31, 2011

GNC:2011-03-31: GNC Holdings

Remark
. Good start

IPO Date & Price
IPO Date: 2011-03-29
Offer price/share: $16 x 22.5M = $360M

Underwriters
Joint Book Runner: Goldman, Sachs & Co., J.P. Morgan, Deutsche Bank Securities, Morgan Stanley
Co Manager: Barclays Capital, Morgan Stanley, Wells Fargo Securities, Wells Fargo Securities

Business
Sector: Services
Industry: Drug Stores
Full Time Employees: 5,308

GNC Parent Corporation manufactures and markets nutritional products including vitamin, mineral, herbal and other specialty supplements and sports nutrition, diet and energy products. The company was incorporated in 2006 and is headquartered in Pittsburgh, Pennsylvania

Yahoo: http://finance.yahoo.com/q/pr?s=GNC

Thursday, March 24, 2011

SREV:2011-03-24: ServiceSource International

News
1. Featured in IPO Home

IPO Date & Price
IPO Date: 2011-03-24
Offer price/share: $10 * 11.9M = $119M

Underwriters
Joint Book Runner: Morgan Stanley, Deutsche Bank Securities
Co Manager: William Blair, Lazard Capital Markets, Piper Jaffray, JMP Securities

Business
Sector: Technology
Industry: Information Technology Services
Full Time Employees: 1,536

ServiceSource International, LLC provides service revenue management solutions that drive renewals of maintenance, support, and subscription agreements for technology companies. Its integrated solution consists of a suite of cloud applications; dedicated service sales teams working under its customers’ brands; and a proprietary Service Revenue Intelligence Platform, a data warehouse of transactional, analytical, and industry data. The company provides end-to-end management and optimization of the service contract renewals process, including data management, quoting, selling, and service revenue business intelligence. It serves technology based hardware, software, and healthcare companies. ServiceSource International is headquartered in San Francisco, California with additional offices in Denver, Colorado; Nashville, Tennessee; Dublin, Ireland; Liverpool, United Kingdom; Kuala Lumpur, Malaysia; and Singapore, Singapore

Yahoo: http://finance.yahoo.com/q/pr?s=SREV

Wednesday, March 23, 2011

APO:2011-03-29: Apollo Global Management

Remark
. One of the most famous LBO

IPO Date & Price
IPO Date: 2011-03-29
Offer price/share: $19 * 29.8M = $566M

Underwriters
Joint Book Runner: Goldman, Sachs & Co., J.P. Morgan, BofA Merrill Lynch, Citi, Credit Suisse, Deutsche Bank Securities, UBS Investment Bank
Co Manager: Barclays Capital, Morgan Stanley, Wells Fargo Securities

Business
Sector: Financial
Industry: Diversified Investments
Full Time Employees: 500

Apollo Management, L.P. is a privately owned investment manager. The firm primarily provides its services to pension and endowment funds, institutional investors, individual investors, pooled investment vehicles, and corporations. It manages client focused portfolios, hedge funds, real estate funds, and private equity funds for its clients. The firm invests in the fixed income and alternative investment markets across the globe. Its alternative investments include investment in private equity and real estate markets. The firm's private equity investments include traditional buyouts, distressed buyouts and debt investments, corporate partner buyouts, distressed asset, turnaround, corporate restructuring, special situation, acquisition, and industry consolidation transactions. Its fixed income investments include distressed debt, senior bank loans, and value oriented fixed income securities. The firm seeks to invest in chemicals; commodities; consumer and retail; oil and gas, metals, mining, agriculture, commodities, distribution and transportation; financial and business services; manufacturing and industrial; media, cable, and leisure; packaging and materials; and satellite and wireless. It seeks to invest in companies based in across North America with a focus on United States, and Europe. The firm employs a combination of contrarian, value, and distressed strategies to make its investments. It conducts an in-house research to create its investment portfolio. The firm seeks to acquire minority positions in its portfolio companies. Apollo Management, L.P. was founded in 1990 and is headquartered in New York, New York with nine additional offices in North America, Europe, and Asia.

Yahoo: http://finance.yahoo.com/q/pr?s=APO