The market for initial public offerings is thawing, but retail investors shouldn't expect to find access to this notoriously exclusive market any easier -- though a few back doors are open for those who know where to look.
Dollar General (DG) hit a new high of $23.30 so far today, a little over a week after the stock made its debut following an IPO. Currently the st...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)
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BloggingStocks: Analyst upgrades:
Pali Capital upgraded Lazard (LAZ) to buy from neutral, citing a healthy restructuring environment, improving M&A and strength in the asset management segment. The firm has a $46 target on shares.
Baird upgraded Scansource ... Read more
BloggingStocks: Dollar General Store (DG) started as a wholesaler in 1939 and then became a retailer in 1955, when the company setup its first store. Since then, the company has grown rapidly. Now, Dollar General is the largest discount retailer in the U.S. -- that ... Read more
Asian stocks fall, government bonds rally as oil drops; Yuan forwards rise.China this year rejected requests to build 47 projects worth 200B to curb excessive capacity.Copper prices falls as dollar gains for second day, stockpiles at six-month high.Dollar falls versus Krone, Aussie; Europe GDP growth optimism spurs yield demand.European Stocks Advance; Richemont, British Airways, Iberia Shares climbEurozone out of recession after 0.4% growthFHA reserves fall below legal limitHealth legislation being considered would force drug makers to disclose amount spent on continuing medical education classes for doctors.[More...]
Several high profile initial public offerings are scheduled for the next few weeks. One we’re watching with particular interest is Dollar General. A discount retailer, Dollar General is expected to sell 34 million shares between $21-$23 next Friday, November 13th.[More...]
In September, new orders for Durable Goods (DG) rose by 1.0%, the up-leg of a recent seesaw pattern in this series. In August, DG orders fell by 2.6% following a 4.8% rise in July.
The results were comfortably ahead of the 0.5% consensus expectations. However, over the last year, the seesaw pattern has mostly been a [...]
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