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Based in Tel Aviv, Israel, Alcobra Pharmaceuticals (ADHD) scheduled a $25 million IPO with a market capitalization of $133 million at a price range mid-point of $11, for Wednesday, May 22, 2013.Five other new IPOs are scheduled for IPOs for this week. The full IPO calendar is here. F-1A filed May 2, 2013 Manager, Joint Managers: Aegis CapitalCo Managers: Sunrise Securities SUMMARY ADHD is a biopharmaceutical company with a lead product targeted towards Attention Deficit Hyperactivity Disorder, or ADHD. ADHD has completed a Phase 2 study, but TEVA backed out of a collaboration agreement in November 2011 by not making a payment.VALUATION Valuation Ratios IPO Mrkt Price / Price / Price / Price / % offered annualizing March qtr Cap (MM) Sales Earnings BkValue TangibleBV in IPO Alcobra Pharmaceuticals (ADHD) $113 n/a -27.6 5.1 5.0 22% Glossary ADHD has no revenue, 5

Economic principles tell us much about the effects of supply and demand on prices of goods and services. Simple economics shows us that if the supply of a particular good or service remains constant while demand for that good increases, the price for the good will also increase. Likewise, if demand falls, so does price. But what is the end result when demand and supply rise in tandem? That answer is not so simple. It depends on which is rising faster and by how much. If they rise at exactly the same rate, prices should remain constant. However, there is one particular sector that currently stands to benefit from the simultaneous rising supply and rising demand of natural gas. Companies involved in natural gas gathering, pipeline supply, and transport will benefit from the increasing supply of natural gas in the short term and will continue to benefit in the long

One of the hidden gems among the Canadian energy companies would have to be Pembina Pipeline Corp (PBA). Pembina has a large and integrated midstream asset footprint in Western Canada. Unlike most midstream companies in the US, Pembina is a dividend paying corporation and is not structured as an MLP. Pembina currently offers a $0.135 per share monthly dividend and yields about 4.70%. (click to enlarge) Pembina's assets include 1,650km of pipelines, 368 MMCF/D in net natural gas processing capacity, 7,850km of network transports,12 MMBBL of storage capacity and various other assets. During FY 2012, 50% of Alberta's crude oil and 30% of its NGLs production was transported on Pembina's systems. (click to enlarge) On May 9, Pembina announced its Q1 2013 results. For the quarter, Pembina saw revenues surge to $1.28B, up 170% from $475M in Q1 2012. Pembina's operating margins increased 88% to $240M while earnings increased

The value of "good" farmland increased 4% in the first quarter of 2013 compared to the fourth quarter of 2012, and year over year values have increased by 15%. Of the five states included in the 7th District, four states posted double digit year over year increases, masking Wisconsin's 3% decrease. (click to enlarge) Demand and volume of farmland sales increased in the first quarter of 2013. Additionally, cash rental rates increased 11% compared to 2012, but mark the smallest annual increase in the past two years. When comparing value increase to rental increase (15% vs. 11%) the percentage difference fall in line with historical averages as cash rent usually lags values. Over three quarters of bankers believe values will stabilize in the second quarter. Earnings Grain prices are following the trend and according to the USDA's most recent data, corn prices in the first quarter of 2013 were estimated

On May 21st, gamers will finally get details on the upcoming XBOX 360 follow-up from Microsoft (MSFT). The new console will finally be given a name on Tuesday. New rumors from IGN cite the name as the XBOX Infinity. This comes after months of gamers nicknaming the device the XBOX 720, due to it being the follow-up to the XBOX 360. The console will be released in 2013 along with Sony's (SNE) Playstation 4. Both consoles get a late start to the new round of consoles, after Nintendo (NTDOY.PK) released the WiiU back in 2012.Just as I did with the Playstation 4 event, here is a preview of items to watch during the event. Will Activision be the Big Winner Again? I proclaimed Activision Blizzard (ATVI) the winner among other companies at the Playstation 4 reveal. At that event, Blizzard announced that the popular game

Since the S&P 500 made an intraday low of 1,536 on April 18, the widely-followed stock index has tacked on 130 points and the markets have migrated back to full-bore risk-on mode. Wednesday Wind down? Two key events this Wednesday could give investors an excuse to book some profits: Federal Reserve Chairman Ben Bernanke will speak before Congress. Fed minutes are due to be released. There appears to be little evidence to suggest Bernanke will drift from his recent guarded optimistic stance on the economic outlook, which means his comments may be stock market-friendly. On the Fed minutes front, the release is based on the meeting when the statement "The Committee is prepared to increase or reduce the pace of its purchases…" was added. The key term was "increase". Therefore, the minutes may prove to be dovish or stock market-friendly as well. Hard To Predict Market's Reaction Even if we

CNinsure Inc. (CISG) Q1 2013 Earnings Call May 20, 2013 9:00 PM ET Executives Oasis Qui – IR Officer Chunlin Wang – CEO Peng Ge – CFO Analysts Christy He – Morgan Stanley Andy Nahas – Prospect Fund Presentation Operator Thank you for standing by for CNinsure's first quarter 2013 earnings conference call. At this time all participants are in a listen-only mode. (Operator Instructions) For your information, this conference call is now being broadcasted live over the internet. Webcast replay will be available within 90 minutes after the conference is finished. Please visit the CNinsure IR website at ir.cninsure.net under the events and webcasts section. Today’s conference is being recorded. If you have any objections you may disconnect at any time. At this time I would now like to turn the meeting over to your host for today’s conference Ms. Oasis Qui, CNinsure's investor relations officer. Oasis Qui Welcome

The fifth chapter of The Intelligent Investors is titled "The Defensive Investor and Common Stocks". In this chapter Benjamin Graham lays the conservative foundation for picking defensive stocks. Mr. Graham suggests four rules to guide the investor to fill their portfolio. There should be adequate though not excessive diversification. This might mean a minimum of ten different issues and a maximum of about thirty. Each company selected should be large, prominent, and conservatively financed. Indefinite as these adjectives must be, their general sense is clear. Observations on this point are added at the end of the chapter. Each company should have a long record of continuous dividend payments. To be specific on this point we would suggest the requirement of continuous dividend payments beginning at least in 1950. (From 1973) The investor should impose some limit on the price he will pay for an issue in relation to its

Futures pointed to a slightly lower open, and that’s what we got. On a day with no economic news, the S&P 500 stuttered for the first ninety minutes and then rallied to its intraday high, up 0.43 percent, at midday. It then sold off to its -0.13 percent intraday low at 2 PM. An afternoon effort to get back into the green met with little success, and the index closed the day with a fractional loss of 0.07 percent. Explanations in the popular financial press blamed today’s malaise on Fed talk of tapering of QE and the fears of the “C” word (correction worries). Here is a 5-minute look at today’s action: Volume today was 14 percent below its 50-day moving average, so market bulls can take comfort in the relative indifference to whatever motivated today’s market malaise. NEW! Discover a new stock idea each week for less than the cost of 1 trade. CLICK HERE for your Weekly Stock Cheat Sheets NOW! The S&P 500 is now up 16.84 percent for 2013 and 0.07 percent below the all-time closing high of May 17.  Doug Short Ph.d is the author of dshort at Advisor Perspectives. Don’t Miss: Is the IRS Corrupt or Just Incompetent? Read the original article from Wall St. Cheat Sheet

Zoom Technologies, Inc. (ZOOM) Q1 2013 Earnings Call May 20, 2013 06:00 pm ET Executives Patrick Wong – Vice President-Corporate Finance Anthony K. Chan – Chief Financial Officer & Director Presentation Operator Ladies and gentlemen, thank you for standing by and welcome to the Q1 2013 Conference Call. At this time, all participants are in a listen-only mode. There will be a presentation followed by a question-and-answer session. (Operator Instructions) I must advice you that this conference is being recorded today, Tuesday the 21st of May 2013. Now I’d like to hand the conference over to your speaker today, Mr. Patrick Wong, Vice President of Corporate Finance. Thank you, please go ahead. Patrick Wong Thank you operator. Thank you for joining Zoom Technologies for its first quarter 2013 earnings conference call. My name is Patrick Wong, Vice President of Finance. Welcome back everybody. We will recap our results