IPO FILING: Eyeblaster, Inc. (EYEB)
Eyeblaster, Inc. has filed a registration statement with the SEC for a proposed initial public offering of its common stock. Eyeblaster plans to list up to $115 million in stock ($100 million before the…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 339So Far, CMGI Passes Earnings Test (CMGI)
CMGI, Inc. (NASDAQ: CMGI) shares are trading up slightly in after-hours trading after earnings. The supply chain manager and internet incubator posted a 14.4% drop in revenues to $278.0 million, but gross margins improved…
Market So Bad, Even Ex-Spitzer Target Stocks Close Much Lower (NYSE, AIG, JNS, MMC, MER)
By now you have heard news of New York Governor Eliot Spitzer’s involvement in a prostitution ring. So much for crime and ethics fighters being immune from temptation. But what we wanted to see…
The 52-Week Low Club (LVLT)(FNM)(C)(LEH)
Lehman (NYSE: LEH) hit by concerns about huge Q1 write-offs. Falls to $42.77 from 52-week high of $82.05. Citigroup (NYSE: C) sells off because bank may have to raise more money. Down to $19.74…
Biotech Monday (CRIS, CGRB, EXEL, MNKD, PDLI, SQNM, TCM)
Curis Inc. (NASDAQ: CRIS) shares down 18% after development partner Wyeth terminated their contract that focused on cancer treatment developments. Shares are down $0.29 to $1.14. The 52 week range is $0.86 to $2.35.…
Citigroup, Now A Teenager (C)
Shares of Citigroup (NYSE: C) have done what some would have thought impossible. Last year that $40.00 floor was the imaginary hurdle, then $30.00 became the last hurdle. But today the stock managed to…
CMGI Braces For Earnings (CMGI, SFE)
Today we’ll get to see earnings out of CMGI Inc. (NASDAQ: CMGI). First and foremost, we’d note that the actual estimates are a guide and that this one almost seems like it acts on…
SPAC IPO FILING: PJSC Acquisition Corp.
PJSC Acquisition Corp. is another SPAC, or special purpose acquisition corporation, that has submitted an IPO filing to come public. The filing shows a target of $150 million from 15 million units at the…
Metal Commodity Price To Eat Car Company Margins, If They Had Any
Ford (NYSE: F) is trading near its 52-week low at $5.75. GM (NYSE: GM) came within a dime of its nadir today, trading at $21.43. These figures are not very different from where the…
IPO FILING: Bostwick Laboratories, Inc. (BOST)
Bostwick Laboratories, Inc. submitted an IPO filing Friday, March 7. The filing shows a proposed maximum amount in securities as $100 million. The underwriters are listed as Banc of America, Wachovia Securities, William Blair,…
Fed: An Emergency Rate Cut
The Fed may cut rates between now and its scheduled meeting on March 18, according to Goldman Sachs. The firm said it had previously expected the cuts to come later. Reuters reports "Goldman said…
Citigroup See $9 Billion Write-Downs At Investment Banks
The first quarter should be another brutal right of passage for big investment banks. Citigroup is forecasting that they will have to write-down another $9 billion in Q1. According to Reuters the damage will…
Tiptree, A Filing For Private Vulture Fund
Tiptree Financial Partners, L.P. has submitted a filing to sell securities, although this is not a traditional IPO. This is a limited partnership holding company managed by Tricadia Capital that we’d describe on our…
EMC’s Value In Iomega Snubbed (IOM, EMC)
If you have followed mobile storage solutions for computing for more than a decade, you know Iomega Corp. (NYSE: IOM). The company used to be the leader for its Zip Drives, but by now…
Blackstone Shows Muted 2008 For Private Equity (BX)
The Blackstone Group, LP (NYSE: BX) has posted earnings of $0.08 EPS before charges, while First Call had $0.19 as consensus. The private equity giant also posted revenues of $447.5 million, compared to consensus…