The Super Bowl, the Iowa caucus and another down week for the U.S. stock market dominated the news last week, but 2016’s IPO production line finally kicked into gear. Two out of an expected six IPOs got out the door. The two IPOs that made their debuts last week were from the health-care sector. Each […]
February 7, 2016 Read MoreHey, January, don’t let the door hit you in the rear on the way out. It’s been widely reported that January 2016 went into the history books producing no IPOs. The last time a January failed to price an IPO was in 2009, but that wasn’t the first time. Going back to 1974, it has […]
January 31, 2016 Read MoreWall Street’s investment bankers will give the IPO market another shot to launch 2016 this week. On tap are four deals, looking to raise about $234 million. Last week, there were two offerings: One was pushed into this week and the other postponed due to “market conditions.” That’s the key to IPOs – “market conditions.” […]
January 24, 2016 Read MoreOver the weekend, a New York City radio station broadcast that stocks are in a bear market, “according to analysts.” They got it wrong. A bear market happens when the market sells off 20 percent or more from its previous high. A correction happens when the market sells off 10 percent or more from its […]
January 18, 2016 Read MoreThe stock market got off to a memorable start last week. It began the year like no other. With Chinese stocks plunging and oil prices falling, the major U.S. stock market indexes got pounded. The Dow Jones Industrial Average lost 1,078.58 points to close at 16,346.45, DOWN 6.19 percent for the week and the year […]
January 10, 2016 Read More