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Safe IPOs Start to Flow Back to Market
Caution continues to be the name of the IPO game, as evidenced by this week's stock offerings.
New issues for the week include auto insurer Direct General(DRCT Quote), which began trading on Tuesday, real estate investment trust Gladstone Commercial, government services provider Providence Services and regional bank Texas Capital Bancshares.
Each of the firms -- which represent some of the steadier industries in a still-shaky economy -- was recently profitable, according to Securities and Exchange Commission filings. ...
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