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underwriter
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Latest Headlines
Analyst issues negative research before deal is priced
Despite the reforms instituted in the wake of the dotcom implosion, it sometimes seems that little has changed in the IPO markets.
One thing that you could--and still can-- count on was solid analyst coverage, especially from the underwriters. So when a sell-side analyst comes out with negativ
Morgan Stanley not sold on Pandora
Just when you think nothing ever changes when it comes to sell-side research, something happens that prompts you to rethink. I am referring to a Deal Journal item about Morgan Stanley research analysts coming out with a hold recommendation on would-be Internet darling Pandora, which went publi
Morgan Stanley, Goldman Sachs battle for Facebook
While Goldman Sachs got a lot of press for its brow-raising investment banking work on behalf of Facebook, the big winner so far in the social media sweepstakes has been Morgan Stanley. It has locked in the cream of the crop as far as web 2.0 deals are concerned, including the IPOs of LinkedIn , P
AIG re-IPO shuns Morgan Stanley
On the surface, the lead underwriters for what some are calling the AIG re-IPO are the top dogs in the industry: Goldman Sachs, JPMorgan Chase, Bank of America Merrill Lynch and Deutsche Bank. Conspicuous by its absence was Morgan Stanley and Citigroup, which have been relegated to secondary under
Small banks to benefit most from IPO boom
Who will benefit the most from the hot IPO market? The domestic market has been sizzling this year, as nine deals that raised $4.4 billion have already hit the market, according to DealLogic. That's perhaps the best January ever.
This rising market will certainly lift a lot of ships. One of th
Who got the better deal: Facebook or Goldman Sachs
People can't stop talking about Goldman Sachs' deal with Facebook.
It seems like a blockbuster on several levels. Many think Goldman Sachs has struck a savvy deal. The conventional wisdom holds that the deal allows the bank to make a relatively early investment in a company that many thin
Goldman Sachs' shrewd Facebook moves
So, what are Goldman Sachs' intentions regarding its large Facebook investment? The conventional wisdom is that it is positioning itself to snag the lead underwriter role when the company goes public, which many regard as inevitable. The hope is to cash out and reap some fat fees, not to mention b
Goldman Sachs fares well in IPOs
In the wake of the SEC's charges against Goldman Sachs (NYSE: GS ), there was some talk that Goldman Sachs would have a tougher time winning business mandates. Some suggested that its IPO performance was starting to slide just a bit . After all, the bank had apparently missed out on so
Primerica IPO bodes well for Citi stock sales
Recall that the government is planning a massive, year-long move to sell its 27 percent stake in Citigroup ( NYSE: C ). Does the recently priced Primerica IPO bode well for the coming stock sale? TheStreet.com apparently thinks so. The offering was priced on the high side and raised $320 mil
AIG's big losses on CDOs dissected
There has been a lot of ink spilled on the issue of all those poorly performing CDOs ( CDO news ) insured by AIG ( NYSE: AIG ), which resulted in a massive, hugely controversial bailout effort that flowed through to Goldman Sachs ( NYSE: GS ) and other firms.
Bloomberg weighs in with
