The Film Department Holdings cut the size of its planned initial public offering by 30 percent Monday, The Associated Press reported. The movie studio, based in West Hollywood, Calif., was first expected to go public in early February, but a weak I.P.O. market has kept it, and other companies, from sticking to their original plans. Many have slashed prices to attract buyers or shelved offerings to wait for a more stable stock market.

The Film Department cut the number of shares it is offering investors to 4.6 million, from 6.5 million. It still hopes to sell its shares for $12 to $14 each, raising about $60 million. It had hoped to raise about $85 million, The Associated Press said.

The company, founded in May 2007 by two film executives, lost $10 million on revenue of $40.3 million in 2009. It has released one movie, Law Abiding Citizen,  with Gerard Butler and Jamie Foxx, which has earned more than $115 million worldwide. [Read the full article]

Dry bulk shipper Baltic Trading Ltd (BALT.N) priced shares in its initial public offering at the bottom of the expected price range on Tuesday, an underwriter said.

New York City-based Baltic Trading sold 16.3 million shares at $14 each, raising about $228.2 million. It had planned to sell 16.3 million shares for between $14 and $16 each. (Reporting by Clare Baldwin; Editing by Ted Kerr)

Senator Christopher Dodd said on Thursday that he will present on Monday his own version of a financial reform bill after compromise talks with Senate Republicans broke down. [Read the full article]

Shares of Baltic Trading are little changed in their market debut Wednesday after the initial public offering raised $228.2 million.

Baltic Trading Ltd. was recently formed by drybulk shipper Genco Shipping & Trading Ltd. and is based in New York. The company plans to use the proceeds from its IPO to buy its first six ships.

It sold 16.3 million shares for $14 apiece late Tuesday. It had hoped to sell shares for up to $16 each.

Shares are unchanged at $14 in morning trading. The shares have traded between $13.61 and $14.12.

Oil tanker company Crude Carriers Corp., of Greece, hopes to raise $270 million in an IPO expected later this week. [Read the full article]

Eyeblaster Inc, which provides technology to manage digital advertising campaigns, filed with U.S. securities regulators on Wednesday to raise up to $115 million in an initial public offering of common stock.

The filing did not reveal how many shares the company, in which Sycamore Technologies Ventures LP holds a 34 percent stake, plans to sell, their expected price or where it intends to list its stock.

The New York-based company told the U.S. Securities and Exchange Commission in a preliminary prospectus that J.P. Morgan Securities Inc, Deutsche Bank Securities Inc, Pacific Crest Securities LLC, FBR Capital Markets & Co, ThinkEquity LLC, and Broadpoint Capital Inc were underwriting the IPO. (Reporting by Abhinav Sharma in Bangalore; Editing by Gopakumar Warrier)

Chances of a broad overhaul of U.S. financial regulation this year dimmed on Thursday after bipartisan Senate talks collapsed. [Read the full article]