Trader Talk
- Stocks Lurking Near New Highs Again
- Risk Trade Is Back On
- This Week's Biggest Story: The Dollar
- Corporate Issuance Continues at Torrid Pace
- The Bernanke Dollar Bounce & Gross Says Forget About Rate Hike
- Colgate Really Sparkles After Hours
- Light Volume Has Traders Complaining
- Gold Shatters Another Record
- Have Retailers Reached Their Limits?
- The Retail Mind Game
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- Longer Lines, Fuller Carts This Black Friday
- Dubai Stock Market Fear Has 'Legs': Dennis Gartman
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- Is Super Bowl Halftime Act Too Old?
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- UAE Markets Seen Limit Down on Monday Open
- Dubai's Debt Woes Signal New Era for Creditors
- US Treasury Wants Banks to Do More to Ease Mortgages
- Fed Audit Would Hurt Economic Prospects: Bernanke
- Next Week: Cash In Now Or Wait For A Santa Rally?
- Dubai Stock Selloff May Bring Buying Opportunity
- Black Friday Sales Rise by 0.5%: ShopperTrak
- Longer Lines, Fuller Carts This Black Friday
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CNBC Reporter
One more try: Hyatt tries to beat the IPO jinx with its offering this week.
Another important week for IPOs, as hotel giant Hyatt Hotels (symbol: H) is expected to price Thursday for trading Friday at the NYSE; seeking to raise over $900 million: 38 million shares at $23-$26. Lots of drama here, surrounding the Pritzker family infighting.
A couple of well-known retail names have also announced terms for their IPO, though not clear when they will begin trading:
1) Hot teen retailers rue21 (proposed symbol RUE) announced terms of its IPO at the NASDAQ, seeking to sell 6.77 million shares at $16-$18 per share (about $115 million). They operate 500 stores in 43 states.
2) Dollar General also announced details of its IPO: 34.1 million shares at $21-$23.
October was not a great month for IPOs. While Vitamin Shoppe [VSI
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] did well:
1) Dole Foods [DOLE
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] is under water;
2) RailAmerica [RA
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] is HALF its $22 initial price of $22;
3) Banco Santander Brasil [BSBR
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], the biggest IPO of the year in the U.S., is trading nearly $2 below its initial price of $13.40;
4) and last week natural gas giant AEI just walked away from its IPO when they could not get the price they wanted.
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POPULAR TRADER TALK POSTS
- Stocks Lurking Near New Highs Again
- Risk Trade Is Back On
- This Week's Biggest Story: The Dollar
- Corporate Issuance Continues at Torrid Pace
- The Bernanke Dollar Bounce & Gross Says Forget About Rate Hike
- Colgate Really Sparkles After Hours
- Light Volume Has Traders Complaining
- Gold Shatters Another Record
- Have Retailers Reached Their Limits?
- The Retail Mind Game








