QuickStockAnalysis.com

All About Stocks and Market News

Archive for March, 2008

Mar-16-2008

Fed will make another big rate cut on Tuesday 18 March

Continuing the intention of easing up the market crisis, Bernanke on Tuesday will make another rate cut. Most expect a 3/4 point cut, but analysts are starting to speculate with a whole point cut.

If Bernanke cuts less than 3/4, I would expect to see a substantial decrease on Wall Street.
On the other hand, big rate cuts doesn´t help at all with the raising inflation and depreciation of the dollar, and people are beginning to understand that. Visa will go public probably on March 20 if the rate cut is substantial, to take advantage of the probable market rally. Else, JP Morgan and CitiGroup, underwriters and partial owners of the credit card company, will wait for the other week to lunch its IPO.

Sphere: Related Content

Posted under General Info
Mar-15-2008

Visa IPO on March 19

Visa is expected to initiate its public market activity on March 20th. The price offered will be between $37 and $42, but many think, based on MasterCard´s past IPO performance, that the opening price in the market will be much higher. According to some polls, the expected opening price will be between $50-$60 each stock. The demand for this record IPO, inicially 18 billion, has been more than doubled, suggesting
that many buyers will be unsatisfied and willing to buy Visa (V) in regular market hours, rising the price.
 


Read the rest of this entry »

Sphere: Related Content

Posted under US Stocks