We decided to take our preliminary preview on the InvenSense IPO (INVN) and turn it into a screencast rather than a document. Part of this is to experiment with a new medium that seems more modern than the typical PDF files we tend to create.

Its also early in our research process for this name. Even though we’ve completed a preliminary IV for the shares it seems premature to bake it all into a PDF. So what follows is a 9 minute screencast summary of the space, the company, the competition and Intrinsic Valuation. We'd love to get some feedback on this. Sorry if we exhaust our bandwidth allocation on this. We will increase our capacity in time. If this video doesn't appear or won't play please click here: InvenSense IPO Preliminary We decided to take our preliminary preview on the InvenSense IPO (INVN) and turn it into a screencast rather than a document. [Read the full article]

Spandana Sphoorty Financial, India second-largest microfinance company, is likely to hire Morgan Stanley, Citigroup and JM Financial to manage its initial public offer, Bloomberg News reported citing people with direct knowledge of the matter.

The lender may seek to raise as much as $400 million by early next year, two of the people said, declining to be named before a public announcement. The Hyderabad-based company plans to seek approval from the capital markets regulator as early as next month, one of the people said.

Spandana aims to tap investors for funds following the success of larger rival SKS Microfinance, which earlier this month raised about $348 million in its I.P.O.

Spandana Sphoorty Financial, India second-largest microfinance company, is likely to hire Morgan Stanley, Citigroup and JM Financial to manage its initial public offer, Bloomberg News reported citing people with direct knowledge of the matter. [Read the full article]

Cramer thinks the government is rushing GM's IPO for the same reason it was in a hurry to sell off shares of Citigroup (C); it wants to be completed with the bailouts by the November election and impress voters that it is making progress. The selling of Citi means that investors can pick up shares at low prices. Cramer said First Niagara's (FNFG) purchase of Newalliance Bancshares (NAL) is a smart move on the way to the bank becoming a "regional powerhouse." He also said Caterpillar (CAT) is blowing away the competition with its strong July sales. Jim Cramer was up 31% in 2009. Click here now to sign up for Jim's Action Alerts PLUS and trade alongside him. Special discount for Seeking Alpha users. Cramer thinks the government is rushing GM's IPO for the same reason it was in a hurry to sell off shares of Citigroup (C); it wants to be completed with the bailouts by the November election and impress voters that it is making progress. [Read the full article]

Mutual funds and other large stockholders may rebalance auto sector holdings after General Motors Co's [GM.UL] initial public offering, but day-to-day stock prices are not the main measure of Ford Motor Co's (F.N) turnaround, Ford Executive Chairman Bill Ford said on Friday.

"Just mathematically a lot of mutual funds and other investment entities will probably spread their investment out over the sector more," Ford said on the sidelines of an industry event sponsored by Detroit radio station WWJ.

GM, the largest U.S. automaker, filed a prospectus with U.S. securities regulators for an IPO that could be among the biggest ever for a U.S. company and would allow the U.S. government to begin to sell its stake in the automaker.

Ford has been the only publicly traded U.S. automaker since GM emerged from bankruptcy in July 2009, owned nearly 61 percent by the U.S. government. [Read the full article]