initial public offerings (IPOs) trading on American exchanges

Saturday, September 19, 2015

Friday, September 18, 2015

Penumbra (PEN) prices IPO above range

Penumbra (PEN) which designs and markets devices for the treatment of strokes and other vascular conditions, priced its initial public offering at $30 a share

The company sold 4 million shares, valuing it at about $1 billion. The IPO had been expected to price in a range between $25 a share to $28 a share. The Alameda, Calif., company plans to list on the New York Stock Exchange under the ticker symbol PEN.
  • The company last year generated $2.2 million of net income on $125 million in revenue, and already has reported $81 million in revenue for the first half of 2015.

Address

1 Penumbra
ALAMEDA, CA 94502-7610
United States

Key stats and ratios

Q1 (Mar '17)2016
Net profit margin-4.24%5.63%
Operating margin-2.79%-0.51%
EBITD margin-0.36%
Return on average assets-3.43%5.18%
Return on average equity-3.89%5.94%
Employees1,500

Wednesday, September 16, 2015

SynCardia files for IPO



SynCardia Systems (TAHT) filed for an initial public offering of 2.5 million shares, to raise up to $30 million. The medical technology company, which makes temporary artificial hearts, expects the IPO to price between $10 and $12 a share. SynCardia has applied to have its stock listed on the Nasdaq Global Market under the ticker symbol "TAHT." Roth Capital Partners is the sole book-running manager of the IPO, while Maxim Group and Monarch Capital Group are co-managers. If the underwriters exercise options to purchase additional shares, SynCardia could raise up to $34.5 million. The company plans to use the proceeds from the IPO for research and development, for sales and distribution, to pay down debt and for general corporate purposes.


Thursday, September 3, 2015

AOL to buy Millennial Media for about $250 million

Fresh off its $4.4 billion acquisition of AOL, Verizon Communications Inc. is beefing up its ad technology with the purchase of mobile advertising company Millennial Media Inc.
Executives at AOL say the deal, valued at $238 million including net debt, cements a great ad-technology offering.

weekly

With Verizon’s data on its wireless customers, AOL’s large base of advertisers and ad-selling software and Millennial Media’s access to a big pool of mobile ad inventory, “we can offer an alternative to Facebook and Google,” said AOL President Bob Lord.
The deal’s price is a sign of how some of the hype around mobile ad networks has faded. Millennial Media was valued at more than $1 billion a few years ago. Its initial public offering price in 2012 was $13 and it is selling to Verizon for $1.75 a share.

monthly

The offer is a 31% premium to Millennial Media’s closing price on Wednesday of $1.34 a share. On Thursday, Millennial Media’s shares rose almost 30%, or 40 cents, to $1.74 in 4 p.m. trading.

Millennial Media share price history

IPO sale price - $13

Peak price - $27.90 on March 29, 2012, the day it first traded

Latest 52-week high - $2.40

Latest 52-week low - $1.18

Wednesday's close - $1.34

AOL's cash offer - $1.75

Thursday's close - $1.74

Fogo De Chao (FOGO) : 2-month performance


  • Fogo de Chao to open five new Company-owned restaurant locations in the United States
  • Over the next five years, Fogo plans to grow the company-owned restaurant count by at least 10% annually, with the long term goal of at least 100 additional churrascarias in the United States, in addition to international expansion with qualified joint venture partners.


Wednesday, September 2, 2015

Five Below (FIVE) reported earnings on Wed 2 Sepember 2015 a/h

** charts before earnings **



** after earnings **
Five Below Inc. FIVE, -8.50% said Wednesday it earned $7.1 million, or 13 cents a share, in the fiscal second quarter, compared with 15 cents a share a year ago. Revenue rose 19.5% to $182.2 million in the quarter, while comparable-store sales rose 3%. The company opened 32 new stores in the quarter to end it with 417 stores, or 18% more than a year ago. Analysts polled by FactSet had expected the teen-oriented retailer to report earnings of 13 cents a share on sales of $185 million. Shares of Five Below dropped as much as 12% in after-hours trading after ending the regular session up 1.4%.