If the market grapevine is to be believed, some of the IPL T20 20-20 Cricket Teams will soon go for an IPO and will be listed and traded on the Indian stock markets in a year or two. The funds generated from the IPO will be used to manage the teams and for the purchase of international as well as domestic cricketers. The funds will also go towards insurance needs of the team and its players. From next year, it is likely that the price of the players is expected to rise exponentially. So funds generated through the IPO would certainly be very helpful to the IPO T20 team owners to purchase good players for their teams. More on the IPL T20 20-20 Cricket Teams IPO will be updated here soon.

Popularity: 8% [?]

Essar Steel Delisting Offer Price has been fixed at Rs. 48 per share. This is the price at which the shareholders of Essar Steel can surrender their shares. Investors can refuse to surrender the shares by not participating in the open offer. However, in this case investors will have no exit option since the shares of Essar Steel will soon be delisted from the Indian stock exchanges. Earlier in December last year SAT had stayed the original delisting of shares on the earlier planned date. A hearing was heard on the 12th of December by SAT and a ruling was passed after the hearing.

Popularity: 8% [?]

TurboTax is a cool new software which helps tax payers in USA file their tax returns without any hassles or delays. This helps them get their tax refunds processed quickly. TurboTax is basically an accounting software which is very simple but extremely effective to use. Turbo Tax takes into consideration all the calculations that IRS requires. Turbo Tax is available in various versions for Window and Mac. The sellers of this software are so confident on the features and benefits of TurboTax that they’ve decided to throw in a Money Back Guarantee. Turbo Tax is definitely worth a buy.

Popularity: 40% [?]

Indus Towers Limited which was formed after the merger of the tower assets of Bharti Airtel, Vodafone-Essar and Idea is planning to raise funds from the Indian stock markets through an IPO issue in the next calender year. Indus Towers IPO will raise funds for the cellular companies which will be used to install more towers and help improve the cellular network connectivity in India. Pre-IPO Indus Towers will have about 70,000 towers which is likely to be doubled post IPO. Indus Towers is targetting 200,000 towers by 2010. It is to be noted that both reliance and tata have their own independent tower networks which might also look at the IPO route to raise funds.

Popularity: 6% [?]

My friend, working as a stock market analyst for a leading Investment bank in China sent me these pictures. They were taken in a job fair held in China earlier this year. Its hard to believe that a country, which is the fastest growing economy in the world and who’s stock markets are making new highs every year, has its citizens desparately flocking to such job fairs. This suggests that, even though China may tip USA as the largest economy in the world, in a few years time, the standard of living of the citizens of China is still likely to be lower than most American and European countries.

Popularity: 100% [?]

Nasdaq has received commitment from two of the leading Banks in US, JPMorgan Chase and the Bank of America for funding $2.2 billion USD which will be used by NASDAQ to acquire Nordic market operator OMX. After acquiring OMX, NASDAQ is likely to focus on acquiring Philadelphia Stock Exchange for $652 million and the Boston Stock Exchange for $61 million. The OMX deal has been jointly struck by NASDAQ along with Borse Dubai for a cash consideration of USD 4.9 Billion.

Popularity: 41% [?]

Atlas Industries Holding LLC have floated 13.3 million shares in their Initial Public Offering (IPO). The price range of Atlas industries IPO is between $14 to $16. Atlas Industries was mainly formed for acquiring other small and mid range companies and the IPO proceeds are expected to be used mainly for acquiring companies in the paper industry. Atlas Industries IPO has been underwritten by top notches like Oppenheimer & Co, Ferris Baker Watts Inc, JMP Securities LLC, W.L . Lyons Inc, SMH Capital Inc and J.J.B Hilliard with Ferris Baker Watts being the lead manager. Atlas industries shares are proposed to be listed on the Nasdaq stock exchange.

Popularity: 36% [?]

Minnesota based industry and construction supplier Fastenal reported its Third Quarter results with its Net earnings a solid 14.9% higher than last year. But investors have not been very impressed with Fastenal’s results as it did not meet the analyst’s expectations. Analyst’s had expected that each Fastenel share would earn 42 cents whereas it was missed by 1 cent in reality by Fastenal. Moreover the downward trend in the home construction industry is also causing the share prices to fall.

Popularity: 40% [?]