High Return Investments

Initial public offering

An initial public offering or IPO is the initial sale of the common shares
of a corporation to the public. It represents a primary market.

The sale of stock is regulated by authorities of financial supervision and
where relevant by a stock exchange. It is usually a requirement that
disclosure be made of the financial situation and prospects of a company be
made to prospective investors.

In the United States, during the dot-com bubble of the late 1990s, many
venture capital driven companies were started, and seeking to cash in on the
bull market, quickly offered IPOs. Usually, the stock price spiraled upwards
as soon as a company went public, as investors sought to get in at the
ground-level of the next potential Microsoft.

Initial founders could often become overnight millionares, and due to
generous to stock options, employees could make a great deal of money as
well. The majority of IPOs could be found on the Nasdaq stock exchange,
which is laden with companies related to computer and information technology.

This phenomenon was not limited to U.S. In Japan, for example, a similar
situation occurred. Some companies were operated in a similar way in that
their only goal was to have an IPO. Some stock markets were born for those
companies, such as Nasdaq Japan.

Investment FreshNews:

British finance minister paints bleak picture of economy (AFP via Yahoo! News)
Sat, 19 Jul 2008 00:25:20 GMT
Britain's economic downturn is worse than previously thought and there is no extra money available for public spending, finance minister Alistair Darling said in an interview published Saturday.

IAC Raises $2 Billion in Debt to Finance Spinoff Plan (Update2) (Bloomberg.com)
Fri, 18 Jul 2008 21:50:44 GMT
July 18 (Bloomberg) -- IAC/InterActiveCorp , the Internet company controlled by Barry Diller , signed agreements to raise almost $2 billion to finance the spinoffs of three divisions, part of a plan to break up the company.

$2.45b sale to finance major mine expansion (Toowoomba Chronicle)
Fri, 18 Jul 2008 23:36:25 GMT
THE sale of a Central Queensland coal project will help finance a massive expansion of the New Acland coal mine near Oakey.

Fitch Confirms Indiana Finance Authority Lease Bonds, Series 2003C&D at 'AA' (Centre Daily Times)
Fri, 18 Jul 2008 22:55:21 GMT
Fitch Ratings has confirmed its underlying 'AA' rating to the Indiana Finance Authority's (authority) conversion of $71,250,000 facilities revenue refunding bonds, series 2003C and 2003D to term-rate period from auction-rate securities. The bonds are expected to be offered via negotiation on July 24. Fitch also affirms at 'AA' approximately $3 billion of Indiana's appropriation debt. The Rating ...

Leading Structured Finance Lawyers, William "Butch" Cullen and Janet Barbiere Join Kaye Scholer LLP (Centre Daily Times)
Fri, 18 Jul 2008 20:13:33 GMT
Kaye Scholer LLP announced that William J. "Butch" Cullen and Janet A. Barbiere have joined the firm's Corporate & Finance Department, as Partners in its New York office, effective today.

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