Three small deals are scheduled for the week ahead, two of which are hold-overs from last week.
We expect IPO activity to remain muted until late February, driven by a combination of the upcoming President's Day holiday and companies getting in full 2017 numbers. New filing activity in the coming weeks will indicate whether current market conditions have impacted the anticipated pick-up in late February and early March.
U.S. IPO Calendar IssuerBusiness Deal Size
Market Cap Price Range
Shares Filed Pricing
Date Top
Bookrunners Biofrontera
Leverkusen, Germany $15M
$266M $11-$13
1,249,667 Tue
02/13 Benchmark Sells treatments for skin conditions caused by sun damage. DFB Healthcare Acq.
New York, NY $250M
$313M $10
25,000,000 Thu
02/15 Goldman
Deutsche Bank Blank check company backed by Deerfield and led by the former CEO of Universal American. Aspen REIT
New York, NY $34M
$68M $20
1,700,000 Thu
02/15 Maxim Group Single-asset REIT formed to own Colorado's St. Regis Aspen Resort. Leo Holdings
London, United Kingdom $200M
$250M $10
20,000,000 Wk of
02/12 Citi Blank check company formed by Lion Capital executives to acquire a consumer business. Motus GI
Tirat Carmel, Israel $26M
$102M $5-$7
4,250,000 Wk of
02/12 Piper Jaffray
Oppenheimer Developing a medical device to assist with intraprocedural colonoscopy cleaning.
German Skin
Best Gold Stocks To Invest In Right Now: Statoil ASA(STO)
Advisors' Opinion:- [By Shane Hupp]
Statoil (NYSE: STO) and Delek US (NYSE:DK) are both oils/energy companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, earnings, valuation, analyst recommendations, dividends, profitability and risk.
- [By Matthew DiLallo]
Another highlight in April was that Shell gave the green light to the Vito project, which is a joint venture with Statoil (NYSE:STO) in the Gulf of Mexico. Shell and Statoil were able to cut that project's cost estimate by 70% from the original design so that it's now profitable at $35 a barrel. The partners expect the project to produce 100,000 BOE/D of low-cost oil and gas when it comes online in 2021.
- [By Tyler Crowe]
Anyone that has watched oil prices tick up recently has probably expected oil producers to report some impressive earnings results this past quarter, and Statoil (NYSE:STO) did just that with a 21% boost to the bottom line. At the same time, management is using all of its additional cash to do some wheeling and dealing that should help boost its growth possibilities in the nearer term.
Best Gold Stocks To Invest In Right Now: Owens Corning Inc(OC)
Advisors' Opinion:- [By Stephan Byrd]
Zurcher Kantonalbank Zurich Cantonalbank grew its position in Owens Corning (NYSE:OC) by 32.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 160,750 shares of the construction company’s stock after buying an additional 39,623 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank owned 0.15% of Owens Corning worth $12,924,000 at the end of the most recent reporting period.
- [By Joseph Griffin]
Here are some of the media stories that may have impacted Accern Sentiment’s analysis:
Get Owens Corning alerts: Q3 2018 Earnings Forecast for Owens Corning Issued By Northcoast Research (OC) (americanbankingnews.com) Owens Corning to Post Q2 2018 Earnings of $1.38 Per Share, Northcoast Research Forecasts (OC) (americanbankingnews.com) Is it time to Follow Now? Owens Corning (OC) (connectinginvestor.com) Checking on the Projections for Owens Corning Inc (NYSE:OC) (andovercaller.com) Global Automotive Composites Market Share 2018 �� SGL Group, Owens Corning, Johns Manville, Toray Industries and … (chemicalreport24.com)NYSE:OC opened at $64.71 on Tuesday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.93 and a current ratio of 1.61. The company has a market capitalization of $7.07 billion, a price-to-earnings ratio of 14.71, a price-to-earnings-growth ratio of 0.66 and a beta of 1.04. Owens Corning has a 12-month low of $61.00 and a 12-month high of $96.52.
- [By Ethan Ryder]
Swiss National Bank lessened its position in shares of Owens Corning (NYSE:OC) by 13.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 355,400 shares of the construction company’s stock after selling 54,800 shares during the period. Swiss National Bank owned about 0.32% of Owens Corning worth $28,574,000 as of its most recent SEC filing.
- [By Travis Hoium]
Shares of building products company Owens Corning (NYSE:OC) fell as much as 12.5% in early trading after reporting first-quarter earnings that fell short of expectations. Shares recovered slightly as the day went on and were down 8.7% as of 12:30 p.m. EDT.
- [By Shane Hupp]
OceanChain (CURRENCY:OC) traded 9.8% lower against the dollar during the 24 hour period ending at 19:00 PM ET on June 15th. One OceanChain coin can now be purchased for $0.0029 or 0.00000046 BTC on major exchanges including Coinnest, Bit-Z and Allcoin. OceanChain has a market cap of $0.00 and approximately $3.60 million worth of OceanChain was traded on exchanges in the last day. In the last seven days, OceanChain has traded down 29.1% against the dollar.
Best Gold Stocks To Invest In Right Now: Schweitzer-Mauduit International Inc.(SWM)
Advisors' Opinion:- [By Logan Wallace]
TRADEMARK VIOLATION WARNING: “Schweitzer-Mauduit International (SWM) Earns News Sentiment Rating of 0.13” was originally reported by Ticker Report and is owned by of Ticker Report. If you are viewing this piece of content on another publication, it was stolen and republished in violation of United States & international trademark & copyright legislation. The legal version of this piece of content can be read at https://www.tickerreport.com/banking-finance/3359360/schweitzer-mauduit-international-swm-earns-news-sentiment-rating-of-0-13.html.
