Secondaries announced 5.11.2015

IPOBoutique.Com rates secondary offerings to hit the tape with a ‘BUY’, ‘NEUTRAL’ or ‘AVOID’ rating. Senior Managing Partner Scott Sweet maintains a track record for all secondary’s he’s issued with a ‘BUY’ rating.

Company: Ctrip.com-BLOCK
Symbol: CTRP
Price: Last trade $63.73
Trade Date: 5/12
Shares: 600,000
Underwriter(s) Morgan Stanley
Rating=Subscription Needed

Company: Spectrum Brands
Symbol: SPB
Price: Last trade $90.95
Trade Date: 5/14
Shares: 5.5 million
Underwriter(s) Credit Suisse, Deutsche Bank Securities, Jefferies, Barclays, BofA Merrill Lynch, Wells Fargo Securities
Rating=Subscription Needed

Company: Noranda Aluminum
Symbol: NOR
Price: Last trade $3.00
Trade Date: 5/12
Shares: 22.84 million
Underwriter(s) Morgan Stanley
Rating=Subscription Needed

Company: Continental Building Products, Inc.
Symbol: CBPX
Price: Last trade $22.93
Trade Date: 5/12
Shares: 4.6 million
Underwriter(s) Credit Suisse
Rating=Subscription Needed