Category: Tech IPO

Analysis, BioTech, Commodities, Diversified Tech, Finance, Global Equity, Mergers & Acquisitions, Semiconductors, Services Sector, software, Software, Tech IPO

Credit Suisse Reports a Strong First Quarter

Credit Suisse CS earned CHF 1,026 million (CHF 0.76 per diluted share) in the first quarter compared with CHF 41 million in the year-ago quarter and CHF 221 million in the trailing quarter on better trading results and lower expenses. This quarter’s reported profit, which included CHF 80 million of noncash own-debt losses, amounted to an 11% return on equity. On a management-provided underlying basis, … Continue reading Credit Suisse Reports a Strong First Quarter

John MeadyLeave a comment
Analysis, BioTech, Commodities, Diversified Tech, Finance, Global Equity, Mergers & Acquisitions, Semiconductors, Services Sector, Software, software, Tech IPO

Kirby’s Coastal Operations Continue to Improve in the First Quarter

Kirby’s KEX first-quarter revenue fell 1% from last year. The decline was driven by anemic demand for United’s pressure pumping units, tempered by solid inland trends and improvement in coastal operations. The marine transportation business (75% of first-quarter sales) saw revenue increase 25%, thanks to persistent petrochemical and crude oil shipment demand, which is supporting 90%- plus inland-fleet utilization and favorable pricing. Market conditions in … Continue reading Kirby’s Coastal Operations Continue to Improve in the First Quarter

John MeadyLeave a comment
Software, Tech IPO

Box, Inc. Files for IPO

Box, Inc. disclosed tonight it filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. The number of shares to be sold and the price range for the proposed offering have not yet been determined. Box has developed a content sharing platform for companies and individuals using cloud services, an industry that encompasses a broad … Continue reading Box, Inc. Files for IPO

Ryan Holtz
Tech IPO

Yahoo! Climbs Pre-Market With Alibaba IPO Announcement

Yahoo Inc. (NASDAQ:YHOO) shares are up between $38.40 and a high of $39.79 in early Monday pre-market trade after China-based Alibaba said it will hold its Initial Public Offering (IPO) in the U.S. The e-commerce company is reportedly in talks with about six banks to underwrite the IPO. The listing could bring in about $15 billion to the company, and it would be significant to … Continue reading Yahoo! Climbs Pre-Market With Alibaba IPO Announcement

Adam Keintzel
Services Sector, Stock Movers, Tech IPO

After-Market News: WAIR, GME, CADX, DVA

Wesco Aircraft Holdings Inc. (NYSE:WAIR) has closed on its purchase of Haas Group Inc., a privately held supply-chain management firm previously owned by The Jordan Company LP. WAIR funded the $550 million transaction using proceeds from a new, $525 million syndicated term loan added to the company’s existing senior secured credit facilities as well as a $40 million draw under WAIR’s revolving credit facility and … Continue reading After-Market News: WAIR, GME, CADX, DVA

John Meady
Analyst Actions, Tech IPO

Analyst Pre-Market Upgrades and Downgrades: EPE, BOOM, LNKD, HELI, SQI

LinkedIn (NYSE:LNKD) is higher this morning after RBC upgraded the shares to Outperform from Sector Perform and set a price target of $250 per share, up from $225 per share. JPMorgan analysts have downgraded their coverage of industrial manufacturer Dynamic Materials Corporation (NASDAQ:BOOM) to a Neutral rating from Overweight. The firm also lowered its price target on the stock to $21 from $25 a share. … Continue reading Analyst Pre-Market Upgrades and Downgrades: EPE, BOOM, LNKD, HELI, SQI

Ryan Holtz