KIM: Is Beyond Meat’s IPO valuation beyond rational?
Just like Clara Peller in the 1984 Wendy’s commercial, investors should be asking, “Where’s the beef?” at Beyond.
IPO
Articles
Hostess Brands, four years after bankruptcy, planning IPO
The maker of Twinkies and Ding Dongs, which operates a major plant in Indianapolis, has been reborn under new ownership after crashing in 2012 under a barrage of labor issues and rapidly changing appetites.
Coveted cloud consultancy Appirio shuns talk of sale
Appirio Inc., a global cloud-consulting firm that transplanted to Indianapolis last year, might soon get a few acquisition offers. A wave of buyouts has swept through the so-called “cloud services” sector in recent years, including International Business Machines Corp.’s deal on March 31 to acquire Bluewolf Group LLC for $200 million. Appirio is one of […]
Former Republic unit Frontier Airlines exploring IPO
Frontier Airlines Inc.—a no-frills carrier that was sold off by Indianapolis-based Republic Airways Holdings Inc. two years ago is considering starting a formal IPO process as early as next year.
Fast-growing tech companies slow to go public
Indiana hasn’t seen a company launch an initial public offering in nearly two years. When the next IPO comes, it likely won’t be a technology company.
Biotech with unproven Alzheimer’s drug now worth billions
Axovant Sciences Ltd., a company without a finished product or a dime of sales, has an almost $3 billion valuation after its public-market debut. The IPO shows the staggering potential for any company that can develop a successful Alzheimer’s treatment.
Eli Lilly says it has ‘no intention’ to spin off animal health unit
Eli Lilly stock rose 5.4 percent per share on Tuesday, its biggest daily increase since March 2009, after Elanco President Jeffrey Simmons was asked if Lilly might one day shed the unit in an initial public offering.
Biomet files to sell shares in IPO to pay down debt
Indiana-based Biomet Group Inc., a closely held maker of orthopedic medical devices, had been publicly traded until 2007 when it was acquired by the group of private equity firms.
Skarbeck: Decline in listed stocks not likely to continue
The number of traded stocks has been shrinking, but as both the economy and stock market continue to recover, private equity firms will seek to list their holdings as IPOs and the number of publicly traded stocks may once again expand.
Five tech firms with varied niches are on promising trajectories
Reaching the publicly traded level might not happen for anyone in the next year or two, but Indianapolis has several companies (including Jeff Ready’s Scale Computing) that have hoisted themselves out of the often-shaky startup phases and are ready to take off.
Indiana-based Springleaf’s shares rise after $336M IPO
Springleaf Holdings Inc. provides non-prime consumer loans through a network of 834 offices and online.
Stonegate expects to raise up to $156M in IPO
The Indianapolis mortgage originator will debut Thursday on the New York Stock Exchange, the first local firm to go public since ExactTarget in 2012.
Kim: Twitter using JOBS Act to alter IPO playbook
The Sept. 12 tweet read, “We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale.” Twitter thus made a very public announcement that it had made a private filing with the Securities and Exchange Commission. In 140 characters or fewer, Twitter instantly […]
Stonegate Mortgage IPO a test of housing recovery
Stonegate Mortgage—potentially the first company in Indianapolis to go public since ExactTarget in 2012—plans to entice investors with a nationwide expansion, a diversified income stream, and the prospect that federal reforms will benefit such loan aggregators.
Simon competitor hoping to raise $750 million in IPO
An offering of at least $750 million by Brixmor Property Group Inc. would be the largest IPO by a retail real estate investment trust since Simon Property Group raised $840 million in 1993.
Skarbeck: IPO of N.Y. skyscraper is a real landmark deal
Investors soon will have the opportunity to own a piece of an American landmark. The Empire State Realty Trust, whose signature property is the Empire State building, will offer shares to the public.
Kim: What investors should learn from Facebook’s IPO fiasco
Facebook’s initial public offering on May 17, 2012, was the most highly anticipated IPO since Google’s in 2004. As we know now, Facebook’s $38-a-share IPO turned out to be a fiasco from the moment NASDAQ catastrophically botched the opening of trading.
JONES: Lessons for the 2013 IPO market from Facebook
With the Dow Jones industrial average and the Standard & Poor’s 500 index hovering at or near all-time highs, one would think the stock markets would be highly receptive to initial public offerings in 2013, even if the economy disappoints.
LEADING QUESTIONS: Mainstreet CEO masters efficiency
What are Zeke Turner's top five strategies for keeping his work week under 40 hours? Do you really need work e-mail on your smart phone? What's it like to take a company public? The real estate exec has answers.