NEW YORK (Reuters) – Shares of Yandex NV, known as “Russia’s Google,” rose 55 percent in their trading debut, evidence for some investors that Internet companies have strong prospects and a confirmation for others that the market has gotten ahead of itself.

Demand for Yandex was strong — a source said that investors sought to buy 17 times as many shares as Yandex and its owners made available. However, there is some investor concern that IPO valuations for Internet companies are higher than their earnings prospects warrant.

NEW YORK, May 24 (Reuters) – Shares of Russian Internet
company Yandex NV (YNDX.O: Quote, Profile, Research, Stock Buzz) surged more than 40 percent in their
debut on Tuesday, in the largest U.S. initial public offering
in the Internet sector since Google Inc (GOOG.O: Quote, Profile, Research, Stock Buzz).

Co-founders Arkady Volozh, 47, and Ilya Segalovich, 46,
said the IPO was just the beginning for Yandex, which is eyeing
international expansion.

NEW YORK, May 20 (Reuters) – U.S. stock exchanges make a
lot of money from listing Chinese companies, but that business
may come back to haunt them.

The revenue that these companies generate is so tempting
that NYSE Euronext (NYX.N: Quote, Profile, Research, Stock Buzz) and Nasdaq OMX Group (NDAQ.O: Quote, Profile, Research, Stock Buzz) are
scouring China for new companies to list.

CHICAGO/NEW YORK, May 19 (Reuters) – The red hot trading
debut of professional social networking company LinkedIn Corp
(LNKD.N: Quote, Profile, Research, Stock Buzz) is not raising any red flags for a top official at the
U.S. Federal Reserve, whose flood of money some argue could
fuel dangerous bubbles.

While declining to discuss any specific company, Chicago
Federal Reserve Bank President Charles Evans made clear that he
is withholding judgment over whether a new dotcom bubble is
under way. LinkedIn shares more than doubled in their first day
of trading, evoking memories of the excitement surrounding
Internet stocks in the 1990s and comments made by former Fed
Chairman Alan Greenspan about how to recognize “irrational
exuberance” building into an asset bubble. [ID:nN1939946]

NEW YORK, May 19 (Reuters) – LinkedIn Corp’s (LNKD.N: Quote, Profile, Research, Stock Buzz)
shares more than doubled in their public trading debut on
Thursday, a jump reminiscent of the heyday of investors’ love
affair with Internet stocks in the late 1990s.

Shares of the online professional social networking company
soared 171 percent, or $76.97, to $121.97 in afternoon trading
on the New York Stock Exchange — far exceeding the $45 initial
public offering price.

NEW YORK (Reuters) – LinkedIn sold shares at the top of an already raised price range in its initial public offering on Wednesday, signaling that stock investors are eager to buy shares of social networking companies even if valuations are lofty.

It sold 7.84 million shares for $45 each, for a total of $352.8 million, as investors see the potential for the professional networking site to link companies with customers and job seekers. The company’s shares are expected to begin trading on the New York Stock Exchange on Thursday under the symbol “LNKD”.

NEW YORK, May 18 (Reuters) – An initial public offering by
social networking firm LinkedIn Corp to raise about $341 million
seems poised to be a stunning success, but it carries a number
of risks that may shake up investors in the future.

The IPO is expected to price after the close of U.S. markets
on Wednesday and start trading on Thursday.

NEW YORK (Reuters) – Delphi Automotive has chosen JPMorgan Chase (JPM.N: Quote, Profile, Research, Stock Buzz) and Goldman Sachs (GS.N: Quote, Profile, Research, Stock Buzz) to lead an initial public offering that could value the auto parts maker at more than $10 billion just two years after it emerged from bankruptcy, six sources familiar with the matter said.

The IPO, expected as early as the third quarter according to the sources, would represent a major payout for a group of investors led by hedge funds Silver Point Capital LP and Elliott Management, which acquired Delphi in late 2009.

NEW YORK, May 17 (Reuters) – Delphi Automotive has chosen
JPMorgan Chase (JPM.N: Quote, Profile, Research) and Goldman Sachs (GS.N: Quote, Profile, Research) to lead an
initial public offering that could value the auto parts maker
at more than $10 billion just two years after it emerged from
bankruptcy, six sources familiar with the matter said.

The IPO, expected as early as the third quarter according
to the sources, would represent a major payout for a group of
investors led by hedge funds Silver Point Capital LP and
Elliott Management, which acquired Delphi in late 2009.

NEW YORK, May 17 (Reuters) – LinkedIn said it expects to
raise 30 percent more than it had forecast in its initial
public offering, in a sign of the strength of investor appetite
for social networking companies.

The company, which operates a website where professionals
connect with one another, now plans to sell shares at $42 to
$45 each, up from a previous range of $32 to $35. The IPO is
expected to price toward the upper end of the revised range, a
source familiar with the situation said, but added that no
final decisions have been made. The source declined to be named
as the information is not public.