IPO hype fades as IPOs top 35 billion in 1993 boom
IPOs pulled in 35.77 billion in the United States during the first 11 months of 1993, with many issues rising on opening day but showing modest gains by day two. Analysts warn that inflated valuations and eager private companies may flood the market with weaker offerings. Linda Killian of Renaissance Capital notes deteriorating quality as more firms go public. Boston Chicken and other names illustrate the surge amid caution.
MENTIONED IN THIS ARTICLE
Holland
United States
Wall Street
Boston Chicken
Discovery Zone
Vermont Teddy Bear
Talbots
Susan Hirsch
Lehman Brothers
Lehman
Linda R. Killian
Renaissance Capital Corp
Ms. Killian
Taco Cabana
Oil and gas industries urge import cap action
Independent producers press Clinton to curb cheap imported oil to stop price declines. DOE to unveil a domestic energy initiative focusing on exploration tech, natural gas markets, and cutting red tape, but it omits an import fee and marginal-well tax breaks.
MENTIONED IN THIS ARTICLE
Washington
Clinton
U.S
Energy Department
DOE
LOCAL STOCKS MARKET UPDATE FOR SATURDAY JOURNAL-WORLD
IP 73 6623599 DIAL 865-5000 prompts readers to watch for a complete market wrapup in Saturday Journal-World. The notice directs readers to the Local Stocks section and stock market update. It lists a stock quote line and contact number. The item appears as a brief market teaser in the newspaper collection.
MENTIONED IN THIS ARTICLE
Journal-World
U.S. livestock and grain prices in Midland and Omaha markets
Market quotes from Midland Elevator Lawrence list wheat at 3.74, corn 2.83, milo 4.64, soybeans 6.64. Omaha live stock quotes show hogs up modestly with US 1 3 220-260 lb at 41.50-42.00 and cattle and calves demand steady to lower, with slaughter steers 68.00-70.00 and heifers 67.00-72.00.
MENTIONED IN THIS ARTICLE
Midland Elevator
Lawrence
Omaha
Nes
USDA
Ted Choice
Frida
Mellon and Dreyfus merge to broaden bank mutual funds reach
Mellon Bank Corp will acquire The Dreyfus Corp for 1.85 billion dollars creating a combined firm with more than 3 billion dollars in annual revenue and about 215 billion dollars in assets under management. The deal signals banks expanding into mutual funds while planning product crossovers across their networks.
MENTIONED IN THIS ARTICLE
New York
Mellon Bank Corp
Dreyfus Corp. Mutual Fund Company
Mellon
Dreyfus
Mellon and Dreyfus
U.S
Pennsylvania
Delaware
Maryland
Gould Evans Opens Tampa Office Expanding Florida Presence
Gould Evans Associates, an architectural firm from Lawrence, opens a Tampa, Florida office to serve the southeastern United States. Projects include a National Hurricane Center building in Miami, a business park near Tampa International, and a 24 unit cinema complex for Ameri can Multi-Line. The 93 person firm has nine Tampa staff and plans to reach 15 by year end 1994 with potential future offices as growth dictates.
MENTIONED IN THIS ARTICLE
Gould Evans Associates
Lawrence
Tampa
Fla
United States
Bob Gould
Gould Evans
Florida
National Weather Service
Miami
American
Cinema Inc
Gould
Kansas City
Hallmark teams with The New Yorker for About Town cards
Hallmark Cards Inc announced a test line with The New Yorker cartoons and covers titled About Town. The program reaches 50 stores in Kansas City New York Atlanta Chicago and Los Angeles with more than 60 Christmas cards and 190 other occasion cards. Test runs through May.
MENTIONED IN THIS ARTICLE
Hallmark
New Yorker
Hallmark Cards Inc
The
About Town
Kansas City
New York
Atlanta
Chicago
Los Angeles
Lawrence
Dow Jones to deliver The New York Times via network service
Dow Jones & Co will begin computer delivery of The New York Times stories targeting business professionals. The spring 1994 launch, using The New York Times News Service, aims to bring fresh morning Times content to subscribers electronic doorsteps.
MENTIONED IN THIS ARTICLE
Dow Jones & Co. Inc
New York Times
Arthur Ochs Sulzberger
The
New York Times Co
Dow Jones
Wall Street Journal
Times
Also Mentioned on This Page
IPO
Houston Chronicle
Department of Energy
George Alcorn
Independent Petroleum Association of America
Alcorn
Organization of Petroleum Exporting Countries
New York Mercantile Exchange
Ay Jones
Oeetenseanes
Allied Sig Applebee’s
Buckle Inc
Coca-Cola Ea Eeenere
CommBancsh
Dayton-Hud
Fleming
Fmcassene
Goodyear
Hercules
HORS
Kmart
Kroger
Lone Star Sticks
Mercantile
Merck
Office Depot
O'Reilly Auto
JC Penney
Pepsico
Quakersane
Sallie Mae
Santa Fe
Seafield
Sealright
Sears Vavenee
Omaha Livestock
Dodge City
Kansas
Commerce Bank of
N.A
Commerce Bank
Canada
France
Great Britain
Italy
Japan
Mexico
Switzerland
Howard Stein
Ers Eile
United
United Airlines Inc
Washington Post
Douster County Bank
National Weather
KU Activ
StockQuote Hotline
Aah Ee
N.Y
Treasury
Federal Reserve
Coenen
Beyeadl