AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
BUSINESS BRIEFS.(TO THE POINT)
AGRICULTURE
Monsanto Q3 profit rises 39%
The agriculture firm made 93 cents a share, up 26 cents over the year-ago quarter and 8 cents over views, on a 14% rise in revenue to $1.7 bil. But analysts fret over bad-debt reserve increases and declining herbicide sales; Monsanto says it's refocusing on seed sales, which are expected to fuel 10% EPS growth in '05-'06. Shares rose 3.5% to 38.50.
RETAIL
AutoZone drops on weak comps
Shares in the No. 1 auto parts retailer fell 9% to 80.10, a day after AutoZone said same-store sales fell 1% in the first seven weeks of its Q4, and same-store retail sales fell 3%. Analysts say the company isn't refilling stock fast enough or improving customer service and a new advertising campaign is not resonating ...
- Bank of Internet seeks a Dutch treat for its IPO: auction IPO opens bidding to...
- Magazine article from: San Diego Business Journal Allen, Mike January 10, 2005 700+ words
...process, also called the Open IPO. The largest stock auction ever was August's $1.9 billion IPO for Google Inc., the Internet...based in Mountain View. The IPO was so immense, Hambrecht had...trading on Aug. 18, Google's shares rose to $100.33, an 18 percent...
- Spain's Inditex IPO sets a record.
- Newspaper article from: Financial News January 7, 2002 700+ words
...perfect at the start of the IPO - the EuroStoxx 50 index had...institutional demand ever for a Spanish IPO. The issue priced near the...the bookbuilding range and the shares rose 22% on their first day of trading...It was also the largest IPO ever for any retail company...
- Bankers cold on IPO revival.
- Newspaper article from: Financial News July 20, 2003 700+ words
...is not an indication that the IPO market is wide open. I expect...Benfield as the reopening of the IPO market and Yell as the confirmation...than 50% when it priced. Its shares rose 12.2% on its first day of...for the revival of Yell's IPO was Hicks, Muse, Tate &...
- All IPO to ease access to floats.
- Magazine article from: Investors Chronicle August 12, 2005 700+ words
...resources sector. Seed money and IPO finance is often raised on favourable...and interest has been strong. All IPO's parent company, ADVFN, already...audience of retail investors. All IPO shares rose 20 per cent to 32.5p on news of...
- Asia, Middle East Leading IPO Thaw
- Magazine article from: Global Finance Platt, Gordon June 1, 2009 700+ words
...from BristolMyers Squibb. The IPO raised $828 million on the...128 million in April in an IPO of American depositary shares on Nasdaq. The best-performing IPO so far this year came from Arlington...learning software. The company's shares rose 40% in their April 16 debut...
- Morgan Stanley faces IPO lawsuit.
- Newspaper article from: Financial News May 5, 2002 700+ words
...allegations of improperly allocating IPO shares. In January, CSFB was...the SEC for its handling of IPO allocations after an 18-month...the $165m offer. Webmethods shares rose 507% on their first day of...share price is now below the IPO price at $11.50 each. The...
- Verisk Analytics IPO soars in trading debut
- News wire article from: AP Online TALI ARBEL October 7, 2009 700+ words
...that had been expected. The shares rose $5.12, or 23 percent, to...in late morning trading. The IPO market has been heating up recently...morning trading. Verisk's IPO is one of the largest U.S...Verisk. Instead, cash from the IPO will go the insurance companies...
- San Jose, Calif.-Area Software Firm Ends Eight-Month IPO Drought.
- Newspaper article from: Knight Ridder/Tribune Business News July 18, 2003 700+ words
...parching Silicon Valley, where IPO money was flowing freely only a few years ago. The IPO of InterVideo, a leading...and digital home movies: Shares rose more than 33 percent their...million shares at $14 apiece to IPO investors, and once the stock...
