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News
| Facebook wraps up IPO, set for big Friday pop |
 SAN FRANCISCO/NEW YORK (Reuters) - Facebook Inc is set to raise up to $18.4 billion in its IPO and become the first U.S. company to be worth more than $100 billion at its debut, as investors bet on a big pop in the stock when it begins trading on the Nasdaq on Friday. Frenzied demand, especially from individual investors hoping to buy into an Internet juggernaut that touches hundreds of millions of people every day, is expected to drive Facebook well above its initial public offering price of $38 a share, which was already at the top end of its target of $34 to $38. ...
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| Facebook wraps up IPO, set for big Friday pop |
 Click here for all details, rating, and other features |
SAN FRANCISCO/NEW YORK (Reuters) - Facebook Inc is set to raise up to $18.4 billion in its IPO and become the first U.S. company to be worth more than $100 billion at its debut, as investors bet on a big pop in the stock when it begins trading on the Nasdaq on Friday. Frenzied demand, especially from individual investors hoping to buy into an Internet juggernaut that touches hundreds of millions of people every day, is expected to drive Facebook well above its initial public offering price of $38 a share, which was already at the top end of its target of $34 to $38. ...
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Created: 05/17/2012
Readers this month: 1 - Readers total: 1::
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Tags:  Facebook wraps IPO set for big Friday pop |
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| Facebook prices at top of range in landmark IPO |
NEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc priced its initial public offering at the top of its target range to raise more than $16 billion, as strong demand, particularly from retail investors, fuels anticipation of a big pop in the stock when it begins trading Friday on the Nasdaq. Predictions of how much the stock will rise on its first day of trade vary greatly -- some experts said the high IPO price and increased float could limit gains to 10 percent to 20 percent, while others said anything short of a 50 percent jump would be disappointing given the hype. ...
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| Facebook prices at top of range in landmark IPO |
| Click here for all details, rating, and other features |
NEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc priced its initial public offering at the top of its target range to raise more than $16 billion, as strong demand, particularly from retail investors, fuels anticipation of a big pop in the stock when it begins trading Friday on the Nasdaq. Predictions of how much the stock will rise on its first day of trade vary greatly -- some experts said the high IPO price and increased float could limit gains to 10 percent to 20 percent, while others said anything short of a 50 percent jump would be disappointing given the hype. ...
Rating: 0.00 (0 votes)
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Created: 05/17/2012
Readers this month: 0 - Readers total: 0::
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| Tags: Facebook prices top range landmark IPO |
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| Syria's Assad: Nations that sow chaos will suffer |
 AMMAN (Reuters) - Syrian President Bashar al-Assad said on Wednesday that countries trying to "sow chaos" in Syria could be infected with it themselves, an apparent warning to Arab Gulf nations that back the insurgency aimed at forcing him from power. Assad's remarks, to a Russian TV channel, came after U.N. staff monitoring an increasingly shaky ceasefire were caught up in an attack that killed at least 21 people, and had to spend a night with rebel forces. ...
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| Russian police detain protest leader, five others |
 MOSCOW (Reuters) - Russian riot police detained a prominent protest leader and five other demonstrators on Thursday as authorities extended a crackdown on Occupy-style protests in central Moscow against newly-inaugurated President Vladimir Putin. In a Moscow square where hundreds of people had gathered, police pulled environmental activist-turned-protest leader Yevgeniya Chirikova into a waiting police van as fellow demonstrators tried to protect her. "What a coward Putin is," wrote Chirikova in one of several frantic Twitter messages on her way to a police station. ...
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| Russia says action on Syria, Iran may go nuclear |
 MOSCOW (Reuters) - Russian Prime Minister Dmitry Medvedev warned on Thursday that military action against sovereign states could lead to a regional nuclear war, starkly voicing Moscow's opposition to Western intervention ahead of a G8 summit at which Syria and Iran will be discussed. "Hasty military operations in foreign states usually bring radicals to power," Medvedev, president for four years until Vladimir Putin's inauguration on May 7, told a conference in St. Petersburg in remarks posted on the government's website. ...
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Holders Finland advanced to the semi-finals of the world ice hockey championships with a last-gasp winner against the United States on Thursday, but Olympic champions Canada were shocked by Slovakia.
The United States has a military option "ready" if diplomacy fails to halt Iran's controversial nuclear programme, the US envoy to Israel has said, an Israeli newspaper reported on Thursday.
Syrian National Council chief Burhan Ghalioun said on Thursday he will step down to avert divisions within the opposition bloc, after activists on the ground accused him of monopolising power.
Two Russians and an American joined three colleagues aboard the International Space Station Thursday for a mission that should include receiving the orbiter's first visit from a private spacecraft.