Salient to Investors: Vivek Wadhwa at Singularity University said about Twitter IPO: Company long-term has no future – OK for the next 1 to 2 quarters but 1 to 2 years out it is hard to see where their growth will come from as their marketplace is limited, mainly to the US, while
READ MORE... →Salient to Investors: PIMCO’s Bill Gross said the debt trap remains even after the European agreement, continues to avoid Spanish and Portuguese debt in favor of U.S. Treasuries and mortgage securities, Gross. Matt McCormick at Bahl & Gaynor said Europe and the economy raises more questions than answers for investors – after Facebook, they want problem-free IPOs. Read
READ MORE... →Salient to Investors: IPOs globally raised $41.3 billion, the worst Q2 since 2009, down 34 percent from a year ago – hurt by Europe, slowing Chinese growth, and Facebook’s drop. Asia saw its slowest Q2 for IPOs since 2009. The S&P 500 Index moved an average of 1 percent a day in June, about twice the rate
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