2011 U.S. Filing Activity Matches 2010 Levels, Setting Stage For Active 2012

By Renaissance Capital IPO Research: Three months removed from a dreadful 2011, the global IPO market struggled to get back on track in 1Q12. Global IPO proceeds declined 69% year-over-year to $11.4 billion and deal activity fell 53%. Despite this weak activity, the IPO market made progress in the first quarter as strong overall returns helped facilitate growing investor confidence in the asset class and as US deal activity picked up.

Renaissance Capital IPO Research submits: The U.S. IPO market has gained momentum with a total of 21 deals completed so far this month, raising an aggregate of $5.6 billion and posting an average return of 18%.

By Renaissance Capital IPO Research: Although February was a subpar month for IPO pricings, heavy filing activity and a rebuilding calendar offered encouraging signs for the U.S. IPO market.

By Renaissance Capital IPO Research: With New Year's Day breaking up the week, only one new company, New Source Energy Partners (NSLP), filed for an IPO to start off the new year. This tepid start to 2013 is in stark contrast to the starts of 2012 and 2011, which saw seven and five deals, respectively, file in the first week of January.

By Renaissance Capital IPO Research: Several companies updated filings last week in what was otherwise a quiet period in the U.S. IPO market. One micro-cap IPO was added to the IPO calendar as Professional Diversity Network (IPDN), a group of online job posting sites for minorities, launched a $20 million offering.

Just a few days ago we noted the massive surge in physical gold coin sales from the US Mint, with silver surprisingly lagging. Today, we see an even more dramatic surge in the sales of physical Silver Coins in the first week of January, which in a few short days hit 3.94 million oz, already surpassing the entire December total of 1.64 million ounces.

By Renaissance Capital IPO Research: Workday (WDAY), an on-demand provider of enterprise software, filed on Friday with the SEC to raise up to $400 million in an initial public offering.

By IPOdesktop: Comparing Annie's (BNNY) IPO with HAIN Celestial (HAIN), BNNY appears to be fully priced at $38.75, the close on Tuesday, April 3, 2012.P/E Ratio Comparison On a trailing 12 months basis through the December 2011 quarter BNNY at $38 is priced 50% higher than HAIN, with a P/E of 51 versus 33. The price-to-sales comparisons are, respectively, 4.7 to 1.6.