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Economic News, Data and Analysis

No IPOs

Interesting factoid of the day:
“For the first time since 1974, last month saw no initial public offerings (IPOs) – those new stock offerings that sometimes resemble Roman candles.”
New CEO motto: think profitable, not big | csmonitor.com
Why not?
Looming war with Iraq? Better market environment ahead? Lagging effect of the stock market bust? Corporate scandals? Increased accounting scrutiny?
Anyone have any good ideas on this one?

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Filed under: Economics, Finance

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