Good Information Articles |
Stop Parking Domain Names Develop Your Domain Names |
|||||||
Hoover's IPO Scorecard Business Intelligence Reveals Double-Digit Percentage Increase in New Offerings for Q3 2007
Austin, TX (PRWEB) October 9, 2007 -- According to recent business intelligence (http://www.hoovers.com/global/ipoc/index.xhtml?pageid=4546&cm_ven=HOL&cm_cat=IPO&cm_pla=Scorecard&cm_ite=Scorecard) regarding IPOs (initial public offerings), the number of U.S. IPOs increased 19% for Q3 2007 compared to the same quarter a year ago, as reported today by Hoover's IPO Scorecard. Hoover's, Inc. is a D&B company that gives its customers a competitive edge with insightful information about industries, companies and key decision makers.
In Q3 2007, 38 companies went public on the major U.S. stock exchanges, raising $11.2 billion, compared to the same quarter in 2006 when 32 companies went public, raising $6.1 billion. According to business intelligence (http://www.hoovers.com/global/ipoc/index.xhtml?pageid=4546&cm_ven=HOL&cm_cat=IPO&cm_pla=Scorecard&cm_ite=Scorecard) from Hoover's IPO Scorecard, Q3 started off with strong momentum on the heels of the June 2007 IPO of The Blackstone Group, which raised $4.1 billion. But Blackstone's poor aftermarket performance (it continues to trade down from its offer price) didn't bode well for July's mega IPO of brokerage firm MF Global Ltd., which likely suffered from investor concerns about the subprime mortgage sector. MF Global priced well below its expected range; closed down on its first trading day; and continues to trade down.
Findings from Hoover's IPO Scorecard for the third quarter 2007:
VMWare's highly anticipated IPO took place on the stock exchange (http://www.hoovers.com/free/?cm_ven=HOL&cm_cat=IPO&cm_pla=Scorecard&cm_ite=FreeHP) in August. The company garnered the best first-day gain of 2007 (closing up 76%), but only held the title for a short while, as the reign quickly shifted to Athenahealth's September IPO, which closed up 97% on its first day.
August, already a typically quiet IPO month because of summer vacations, also saw some volatility in the major U.S. stock indexes. Real estate investment trust LNR Capital Corp. withdrew its $750 million IPO plans, and Seattle coffee company Tully's Coffee postponed its IPO.
"Despite the expected summer doldrums for the IPO market, there are still a number of big deals on the horizon. In fact, five of the companies that filed in Q3 are attempting to raise more than $1 billion each," said Tim Walker, Hoover's industry expert. "One particular company that filed in August is Classmates Media Corporation, which runs the Classmates.com site. Investors will likely be watching this one closely, as it could be the harbinger of a rush of IPOs to come from within the social networking space."
Please see the attached table for details about the best first-day gain and worst first-day drop, as well as a list of the top 10 best-returning IPOs for Q3.
Hoover's provides continuously updated business intelligence (http://www.hoovers.com/global/ipoc/index.xhtml?pageid=4546&cm_ven=HOL&cm_cat=IPO&cm_pla=Scorecard&cm_ite=Scorecard) about millions of private and public companies worldwide and analyzes the IPO market daily to produce the quarterly IPO Scorecard, a regular wrap-up of IPO activity released on the IPO Central section of Hoover's. Each IPO Scorecard includes an assortment of facts selected by Hoover's editors for those following the IPO market, including the best- and worst-performing IPOs, the biggest one-day jumps and drops in the first day of stock exchange (http://www.hoovers.com/free/?cm_ven=HOL&cm_cat=IPO&cm_pla=Scorecard&cm_ite=FreeHP) trading, and a breakdown of IPOs by industry sector.
About Hoover's, Inc. Hoover's, a D&B company, gives its customers a competitive edge with insightful business intelligence (http://www.hoovers.com/global/ipoc/index.xhtml?pageid=4546&cm_ven=HOL&cm_cat=IPO&cm_pla=Scorecard&cm_ite=Scorecard) about industries, companies, and key decision makers. Hoover's provides this up-to-date information for sales, marketing, business development, and other professionals who need intelligence on U.S. and global companies, industries, and the people who lead them. This information, along with powerful tools to search, sort, download and integrate the content, is available through Hoover's premier online service. Hoover's business information is also available through corporate intranets and distribution agreements with licensees, as well as via Hoover's books. The company is headquartered in Austin, Texas.
RSS feed (http://www.rsspad.com/rss2/9908.xml)
###
This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
Other Article Sites findabook.com moneycd.info a-mortgage.info
about-lemon-laws.info aboutstudentloans.info |
MORE ARTICLES: Low-Income Families in Portland Will Soon Have Free Broadband Internet at Home Cricket Will Provide Free High-Speed Wireless Internet to 100 Portland Families in Pilot Program with One Economy
SoGoNow.com -- Home of the Best Travel Article Written for the Internet in 2006
Business & Family Safety and Health Rating
Work From Home - Online Resource Center for Home Based Online Jobs and Internet Based Business
Making Time For Your Family and a New Internet Home Business
Internet Marketing Business - Your Home Based Internet Marketing Business and the Freedom Attached with it
Sales of Children's Travel Bed Soar as Summer Travel Hits
Online Magazine is Home to the Best Travel Writing on the Internet
The Best Internet Connection For A Top Home Internet Business
Home Based Internet Marketing Business - Staying Organized In Your Home Office
Internet Based Business: How Single Parents Could Earn Extra Income For The Entire Family
Children's Home Society & Family Services Receives Reaccreditation to Once Again Facilitate Adoptions in Russia
Work At Home Internet Home Business Opportunity
Travel Insurance When Pregnant Or Traveling With Children
Internet Home Based Business : Legitimate Work at Home Jobs Opportunities and Advantages
|
|||||||
| Develop Your Domain Names | Site Map | Home | ||||||||