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Facebook’s IPO: $38 per share

admin — Thu, 17 May 2012 22:44:35 +0000

After four months of paperwork, hype and speculation, the last piece of the Facebook IPO is in place: Facebook said it has priced its IPO at a share.
Business and financial news – CNNMoney.com

THE PRICE IS RIGHT?

admin — Thu, 17 May 2012 17:04:05 +0000

With seemingly unceasing demand for Facebook’s initial public offering, the banks that are in charge of selling the stock to investors might seem to have the easiest job in the world.
Business and financial news – CNNMoney.com

STOCKS: FOCUS ON U.S.

admin — Thu, 17 May 2012 11:26:30 +0000

U.S. stocks were poised to open higher Thursday, as investors look past the latest European worries and await key earnings and economic reports, as well as the final pricing for Facebook’s initial public offering.
Business and financial news – CNNMoney.com

Short-seller Einhorn targets Amazon

admin — Thu, 17 May 2012 05:43:33 +0000

Noted short-seller David Einhorn targeted Amazon and Martin Marietta Materials on Wednesday but was curiously silent on Herbalife.
Business and financial news – CNNMoney.com

VERIZON WILL LIMIT DATA

admin — Thu, 17 May 2012 00:02:50 +0000

Verizon Wireless is planning this summer to begin forcing smartphone customers with unlimited data plans to switch to tiered plans when they upgrade, the company’s chief financial officer told Wall Street analysts on Wednesday.
Business and financial news – CNNMoney.com

SCRAMBLE TO SAVE GREECE

admin — Wed, 16 May 2012 18:21:49 +0000

Leaders across Europe rushed to try to reassure nervous investors Wednesday that they were working to prevent Greece from an unprecedented exit from the eurozone and the damage that might cause for other troubled European economies.
Business and financial news – CNNMoney.com

FACEBOOK BOOSTS IPO

admin — Wed, 16 May 2012 12:41:33 +0000

Facebook announced Wednesday that 25% more shares of the company will be sold in its planned initial public offering later this week.
Business and financial news – CNNMoney.com

Stocks slide on Greek woes

admin — Wed, 16 May 2012 07:02:25 +0000

U.S. stocks closed at three-month lows Tuesday, sliding during the final hour of trade, as investors faced worrisome signs out of Greece.
Business and financial news – CNNMoney.com

BRACING FOR BILLIONS

admin — Wed, 16 May 2012 01:20:20 +0000

As Facebook prepares to go public, the vultures are circling around its fresh crop of paper millionaires.
Business and financial news – CNNMoney.com

IMAGINE 0% UNEMPLOYMENT

admin — Tue, 15 May 2012 19:39:43 +0000

What if every person who wanted a job had one?
Business and financial news – CNNMoney.com