Deals help to restore sizzle to biotechs

Article Abstract:

The biotechnology industry is undergoing a mini-merger trend that could benefit investors. These mergers are not as large or high-profile compared to those in the telecommunications and financial services industries that occured in 2000. US Bancorp Piper Jaffray analyst Peter Ginsberg noted that there have been eight major biotech acquisitions worth more than $100 million apiece since Jun 2000. Added to the merger deals which occurred between Jan 2000-Jun 2000, this figure may surpass the 17 deals worth $100 million or more that were announced during 1999. This is partly why biotech stocks have once again become popular since spring 2000.

Acquisitions & mergers, Research and Development in the Physical, Engineering, and Life Sciences, Biochemistry

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Coach hopes success carries over to IPO

Article Abstract:

Sara Lee Corp has sold 7.4 million shares, or 17%, of Coach in an initial public offering. the shares, priced at $16 on Oct 4, 2000, could rise as much as 25% or more on Oct 5. The offering raised $118 million and valued Coach, with 42.4 million total outstanding shares, at $678 million. Some motivated investors could push the stock sharply higher and demnd could also be boosted by investors seeking a safe haven from hard-hit tech stocks.

Organizational history, Apparel & Related Products, Leather and Allied Product Manufacturing, Leather & Products, Women's and Girls' Cut and Sew Blouse and Shirt Manufacturing, Coach

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Dow jumps over 10,000: The first time, it was cool, but this time, investors don hats of skepticism

Article Abstract:

The Dow Jones industrials again closed above 10,000, rising 86 points to 10,008 on December 12, 2003, nearly five years after it first closed above 10,000. However, investors greeted the news with a mix of caution and healthy skepticism, awaiting the time until the Dow surpasses its all-time high.

Newspapers, Securities issued, listed, Labor Distribution by Employer, Stocks, Newspaper publishing, Statistics, Securities, Stock prices, DJ, Company securities, Dow Jones & Company Inc.

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