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May 22, 2012 3:01 AM EDT
Updated: Jul 26, 2010 1:08 PM EDT  
Market Commentary

IPOs

Sal Morreale    310-282-6500
 
Chesapeake Midstream Partners
RATING: *
SYMBOL: CHKM
EXPECTED RANGE($): 19-21
BUSINESS: An L.P. formed by Chesapeake and GIP to operate natural gas gathering systems.

NUMBER OF SHARES(MIL): 21.25
UNDERWRITER: UBSW, SBSH, MSCO, BOFA, BCAP, FBCO, GSCO, WELS, BMOC, DBAB, RAJA
Envestnet
RATING: **
SYMBOL: ENV
EXPECTED RANGE($): 12-14
BUSINESS: Provides outsourced web-based investment solutions to financial advisors.

NUMBER OF SHARES(MIL): 7.7
UNDERWRITER: MSCO, UBSW & BCAP, WBLR, RBCM, STFL, SDLR
Molycorp
RATING: *
SYMBOL: MCP
EXPECTED RANGE($): 15-17
BUSINESS: The only rare earth oxide (REO) producer in the Western Hemisphere.

NUMBER OF SHARES(MIL): 28.125
UNDERWRITER: MSCO & JPMS, CIBC, FBCO, STFL, DAHL, PIPR
Trius Therapeutics
RATING: *
SYMBOL: TSRX
EXPECTED RANGE($): 12-14
BUSINESS: Developing an antibiotic for serious gram-positive Staph infections.

NUMBER OF SHARES(MIL): 6.0
UNDERWRITER: FBCO, PIPR, ADAM, JMPS

5 Stars = Up 3+

4 Stars = Up 1-3

3 Stars = Up 1/2 - 1

2 Stars = Up 1/4 - 1/2

1 Star = Up 1/4

 

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