Cleveland House Contractors and Homes for Rent; Your Home Mechanics and Property Managers
  • Welcome to the Reilly Painting and Contracting Blog

    Welcome to Reilly Painting and Contracting, "The Home Mechanics," and Reilly Properties. We are your Cleveland home contractors who specialize in major home design projects and remodels, and minor home repairs. We also provide house rentals throughout Cleveland, Ohio.

  • Socialize

    Find us on Facebook.

    Watch us on YouTube.

    Follow us on Twitter.

    See us on Pinterest.

    Subscribe to our RSS feed.

  • Points of Interest

  • Topics

  • Testimonial

    "I would like to express my appreciation for the careful work and attention to detail that has made my home update a virtually painless experience. We now have a very attractive and usable attic that was transformed so well by your expert staff. Thanks for a great job!"

    Susan M.
    Cleveland Heights

  • Thinking Stocks? Think GroupOn

    [caption id="attachment_4433" align="alignleft" width="300" caption="GroupOn Going Public"]Public[/caption]

    GroupOn has finally gone public. The deals and savings website has finally gone public, and their sharers have been very impressive to say the least. If you're looking for your next company to invest in, do some research on GroupOn. Lynn Cowan of The Wall Street Journal discusses further in her article Groupon Opens Up 40%:

    Daily deals site Groupon Inc. opened at $28 a share on the Nasdaq, up 40% from its initial public offering price of $20.

    Shares were recently changing hands at $27.96 a share, up 39.8%.

    "This is good. This IPO sends a clear signal to the people at Zynga and Facebook. The signal is that it's time to move forward," said Ben Holmes, president of IPO research firm

    Online games developer Zynga Inc., which registered to go public in July, is expected to price in the weeks ahead. Social media giant Facebook Inc. hasn't yet filed for an IPO, but is widely expected to go public in 2012.

    Though the company's IPO-price valuation of roughly $12.7 billion is below the $15 billion to $20 billion that it originally projected, the deal is still considered a success for Groupon and its bankers. They were able to bring to market an unprofitable company that was dogged by criticism and negative press during the months leading up to it launch, and they did it during a time of high broader market volatility, which makes accurate pricing difficult.

    "Since LinkedIn came public in May, this is the most-watched IPO to come down the pipeline," said Lee Simmons, IPO industry specialist with Dun & Bradstreet. "Doing well will get some buzz rolling again in the IPO market."

    Groupon's early trading gains aren't stratospheric, compared to the 135% pop that Chinese Internet stock Qihoo 360 Technology Co. Ltd. experienced in March, but it is the best showing since tea retailer Teavana Holdings Inc. gained 64% in July.

    Read more at The Wall Street Journal

    Filed under: Fun Stuff
    Tags: , , .
    Bookmark the permalink.

    Leave a Reply

    Your email address will not be published. Required fields are marked *