IPO & secondary preview -- Week of Sept. 24, 2007

Posted Sep 24th 2007 6:30PM by Joseph Lazzaro
Filed under: SEC Filings, Other Issues, Deals, Initial Public Offerings

Wall Street's equity market offers full slate this week - with 5 IPOs and 6 Secondaries on the docket.

Those deals tentatively scheduled to price include:

IPOs:

Tuesday

Venture Financial Group (VNBK), a 1.8M-share IPO for this bank holding company. Keefe, Bruyette & Woods and D.A. Davidson are the lead managers. Filing range: $21.00-$23.00

Zars Pharma (ZARS), a 5.75M-share IPO for this pharmaceuticals company. Cowen and Co. and CIBC are the lead managers. Filing range: $14.00-$16.00.

Wednesday

Bioheart (BHRT), 3.75-share IPO for this heart treatments company. Merriman is the lead manager. Filing range: $14.00-$16.00.

Thursday

Babcock & Brown Air (FLY), a 18.9M-share IPO for this aircraft leasing.com. Morgan Stanley, Citigroup, and Merrill Lynch. Filing range: $22.00-$24.00.

Friday

Duff & Phelps (DYF), a 9.545M-share IPO for this financial services company. Goldman Sachs and UBS Investment are the lead managers. Filing range: $16.50-$18.50.

Secondaries:

Tuesday

USEC (NYSE: USU), an 18M-share Secondary for this uranium enrichment company. Goldman Sachs and Merrill Lynch are the lead managers.

Wednesday

Empresas ICA SAB de CV (NYSE: ICA), a 78.2M-share Secondary for this construction services company. Credit Suisse, Goldman Sachs, and UBS Investment are the lead managers.

Thursday

Capstead Mortgage (NYSE: CMO), a 8.5M-share Secondary. Bear Stearns, Keefe, Bruyette & Woods and JMP Securities are the lead managers.

Sigma Designs (NASDAQ: SIGM), a 4.6M-share Secondary for this multimedia displays company. Deutsche Bank and UBS Investment are the lead managers.

Concur Technologies (NASDAQ: CNQR), a 4.7M-share Secondary for web human resource services company. Credit Suisse and Deutsche Bank are the lead managers.

Friday

Environmental Power (AMEX: EPG), a 4.5M-share Secondary for this utilities company.

For the latest market intelligence on IPOs, Syndicate, and after-market trades, check out The Fly Syndicate at http://www.theflyonthewall.com/. (Subscription required.)

Tags: bhrt, bioheart, venture financial, VentureFinancial, vndk, zars, zars pharma, ZarsPharma

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Reader Comments (Page 1 of 1)

9-24-2007 @ 11:38PM

Edward said...

SLT (Sterlite Industries, India) currently @ $18.00 (170% growth in one year) According to SLT's Financial reports, it should be between $28.00 and $39.00 as it reports 3rd quarter Earnings:

SLT ACH RIO

P/E 7.91 4.91 15.08
EPS 12.80 2.24 2.02
Rev/Share 10.92% 18.03% 5.87%
Earn/Share 2.13% 3.43% 2.03%
Dividend -- $ 2.75 0.34%

Growth 23% -14% 41%
Sales 6.1B. 8.25B. 28.35B.
Return 62.94% 30.51% 53.47%

10-08-2007 @ 11:29PM

Edward said...

SLT ($18.98) and RIO ($33.29) are very similar in the way they diversify their industry in order to become energy- sufficient, cut operation's costs and increase profit margins. According to five studies done by Fidelity's and Ameritrade's analysts, both hold a "Most Desirable" and "Strong Buy" ratings. RIO is considered the #1 mining company in the world, and SLT the #1 mining company in India.

10-11-2007 @ 2:16AM