Kraft shares barely bubble a day after $8.7 billion IPO
Article Abstract:
Kraft Foods Inc's shares on Jun 13, 2001 increased $0.25 to $31.25 after its $8.7-billion initial public offering (IPO). The modest rise in the food giant's shares reflected investors' preference for conservative stocks. Kraft's offering is the second-biggest IPO after the $106-billion sale of AT and T Wireless Services Inc's shares. According to IPO.com CEO Marc Baum, Kraft's first-day performance shows that there is market for established companies.
Publisher: USA Today
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2001
Food Manufacturing, Securities prices, Food & Kindred Products, Kraft Foods Inc.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2001
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Why were analysts so slow to downgrade Enron?
Article Abstract:
The article poses questions as to why Enron's demise was not forecast by analysts.
Publisher: USA Today
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2001
Sales, profits & dividends, Natural Gas Distribution, Gas transmission and distribution, Gas Transmissn & Distributn, Gas industry, Enron Corp., ENE
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Subjects list: United States
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