Paul Bard News
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Zynga Inc. and Michael Kors Holdings Ltd. are leading the biggest week for U.S. initial public offerings in nine months, betting their surging sales will attract investors.
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Priceline.com Inc. , the top performer in the Standard & Poor’s 500 Index over the past two years, will encounter more competition for fund managers’ dollars as initial public offerings double the number of online travel stocks.
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LinkedIn Corp. held most of its gains after more than doubling yesterday in its debut, leaving investors in the first initial public offering of a major U.S. social-media site with a 107 percent gain.
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More than half of the U.S. initial public offerings planned for this year are from private equity firms as KKR & Co. , Blackstone Group LP and Carlyle Group try to sell some of their biggest leveraged buyouts.
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Ed Whitacre has General Motors Co. in better shape now than it’s been in years. Pushing ahead with an initial public offering this year may be tougher to manage.
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Zipcar Inc. , the car-sharing company that rents vehicles by the hour, said it will seek to raise as much as $75 million in an initial public offering.
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McDonald’s Corp.’s biggest independent franchise operator, Arcos Dorados Holdings Inc., is seeking to sell shares at almost twice the valuation of the U.S. fast-food chain as its restaurants in Brazil spur growth.
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LinkedIn Corp. plans to raise as much as $175 million in what’s likely to be the first public offering for a major U.S. social-networking site.
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Liberty Mutual Agency Corp. will lead the busiest day for U.S. initial public offerings in eight weeks as it seeks to raise $1.3 billion in the country’s biggest IPO of 2010.
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LinkedIn Corp.’s plan to raise as much as $175 million in an initial public offering may be the first in a wave of share sales for U.S. social-networking companies.
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