By Clare Baldwin and Phil WahbaNEW YORK (Reuters) - Investors bet on growth on Friday, bumping up shares in two newly listed companies with strong trajectories while remaining neutral or down on two others whose prospects are murkier.Mining giant Rio Tinto's spin-off Cloud Peak Energy Inc CLD edged down in...
By Clare Baldwin and Phil WahbaNEW YORK (Reuters) - Investors proved to be selective as four U.S.-listed initial public offerings priced either below or at their expected ranges on Thursday evening.The largest IPO came from Cloud Peak Energy Inc CLD, the U.S. coal mining unit of Anglo-Australian miner Rio Tinto...
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.
One of the arguments that the optimists have been making is that corporate balance sheets are strong and businesses are therefore in good enough shape to weather a downturn.
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UP
Standard Pacific Corp.
(SPF) Sun-Times Media Group, Inc.
(SVN) Thornburg Mortgage, Inc.
(TMA) Illumina, Inc.
(ILMN) SAVVIS, Inc.
(SVVS)
DOWN
Public Service Enterprise Group Inc.
(PEG) SiRF Technology Holdings Inc.
(SIRF) VCA Antech, Inc.
(WOOF) National Semiconductor Corporation
(NSM) Sigmatel, Inc.
(SGTL)
TWC Time Warner Cable Inc 31.83 TRBN Trubion Pharmaceutica l 11.30 SVN Sun-Times Media Group Inc 2.56 KFY Korn Ferry Intl 16.35 JBSS John B Sanfilippo & Sons 7.92 FFHS First Franklin Corp 12.93 FFFD North Central Bancsha re 38.00 POOL Pool Corporation 24.85 PLCE Childrens Place Retail S 25.02 PEIX Pacific Ethanol Inc 9.80
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