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Shares in Facebook begin publicly trading on the Nasdaq stock exchange for the first time Friday at 11:00 a.m. Follow our live blog as The Star covers the social networking giant’s historic first trading day, including analysis and reaction quick pay day loan.
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Taking a company public isn’t as simple as collecting Facebook friends.
Even if the company is Facebook.
When the social media company’s stock starts trading Friday under the symbol FB, buyer demand is expected to explode. At its initial offering price of $38 a share, the 8-year-old upstart is worth $104 billion. That’s more than such giants […]
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Deere is posting a 17 percent spike in profits for the second quarter is raising its outlook for the year, with farm receipts expected to hit historic heights.
The company beat Wall Street expectations on net income and revenue, posting a profit of $1.06 billion, or $2.61 per share, up from $904 million, or $2.12 per […]
Treasuries had the longest streak of weekly gains in more than 13 years after elections in France and Greece added to concern governments may struggle with deficit- cutting plans used to combat the region
Filed under: Uncategorized, mortgage by Guru
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Spain will need to strike a delicate balance as it seeks to clean up the banking sector in the midst of a sovereign debt crisis and economic recession.
The government in Madrid is expected to announce a new round of financial sector reforms Friday, after the Bank of Spain effectively nationalized one of the nation’s […]
Filed under: online, technology by Guru
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You might think that scoring a stake in Facebook’s initial public offering if you are an average investor is like trying to change your privacy controls on the social networking site — seemingly impossible.
But it turns out that Facebook is making an effort to have some of its hotly sought after shares accessible to […]
Toyota is back. It’s putting a year of earthquake-related shortages behind it and grabbing sales from stumbling General Motors and Ford.
Toyota’s sales rose 12 percent in April, and its share of the market returned to levels it hasn’t seen since before the March 2011 earthquake in Japan. Its sales outpaced the industry as a whole, […]
Filed under: finance, management by Guru
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Consumer spending in the U.S. probably climbed in March as incomes grew, indicating the biggest part of the economy is helping to sustain the expansion, economists said before a report today.
Household purchases, which account for about 70 percent of the economy, rose 0.4 percent after a 0.8 percent gain that was the most in […]