MBIA captured 39 percent of the insured new issue market in the quarter, down from 45 percent a year ago, while Ambac won 27 percent.
22.
The deluge in the new issue market has been mirrored on the secondary market, where sales have started picking up after weeks of sluggish trading.
23.
Demand for mortgage bonds is strong and " there's interest on the part of the Street in trying to regenerate the new issue market, " he said.
24.
Still, investors had to choose carefully to pick the winners from the losers as the new issues market magnified the ups and downs of the overall stock market.
25.
It was evident with the firm's zealous drive into the new issue market during 1991, when it arranged the sale of $ 28 million in stock for Leslie's Poolmart.
26.
Originally, MarketWatch management was shooting for a mid-August IPO after several hot offerings had ignited the new issue market last summer, especially those by Broadcast . com and Inktomi.
27.
NEW YORK, June 9-- Investors in newly priced American Radio Systems Corporation ( NSDQAMRD ) seem to be betting on Steven Dodge making a repeat performance in the new issues market.
28.
"The conditions in the new issue market are quite strong, both from an investor and issuer perspective, " said Mark Seigal, head of the syndicate desk at Morgan Stanley & Co.
29.
While some braggarts may claim huge gains in 1995's red-hot new issues market, and while dozens of deals have doubled or tripled in price, the truth about profits is much more modest.
30.
"The conditions in the new issue market are quite strong, both from an investor and issuer perspective, " said Mark Seigal, head of the syndicate desk at Morgan Stanley & AMP; Co.
