Web tide; Initial public offerings aren't the same in era of Internet-stock mania; Globe.com opened up 900%, dismaying online buyers but creating media buzz; the IPO as a 'branding event'

Article Abstract:

Taking a company public is what Wall Street does, and after the analysts do their homework, they come up with a per-share price that should raise money for the company. But when it sets a price of $9 or $18 and then the opening bid on day-one is $90, it boggles their minds. The little Internet companies are reaping the benefit of all the media attention even though they don't get the $90 per share. Perhaps new rules in the old formulas are needed.

Forecasts, trends, outlooks, Organizational history, Capital Management-Stock Sales, Management, Stock-exchange, Stock exchanges, Securities, Going public (Securities), Initial public offerings, New business enterprises, Startups, Stock offerings

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Dow Jones's Burenga plans to retire as president, chief operating officer

Article Abstract:

Kenneth Burenga will retire from the company as president and chief operating officer, not to be replaced. Instead the company is reorganizing upper management. Burenga will retire effective the end of the year. One reason given is that the company is less complicated now that its financial-information unit called Telerate has been sold.

Newspapers, Newspaper Publishers, Executive changes & profiles, Officials and employees, Newspaper publishing, DJ, Dow Jones & Company Inc.

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