New York: Investors who want Facebook Inc shares when the No. 1 online social network goes public later this week may have lost the opportunity. TD Ameritrade and Fidelity's brokerage arm both stopped accepting orders of Facebook shares as of Tuesday evening, according to representatives for each of the companies. Morgan Stanley & Co did the same, according to three advisers at the firm who declined to be named because...
10:36 AM, May 17, 2012
San Francisco: Facebook Inc's record initial public offering is already oversubscribed, a source familiar with the share listing said, days after the world's largest social network embarked on a cross-country roadshow to drum up investor enthusiasm. Despite concerns about slowing growth, a lofty valuation and signs the company is having trouble ramping up revenue from mobile advertising, institutional investors have so far indicated demand for more shares than Facebook has...
11:18 AM, May 11, 2012
New York: Facebook Inc's initial public offering will vastly increase the wealth of its 27-year-old co-founder Mark Zuckerberg, leaving him with over USD 1 billion in cash and stocks worth USD 17.6 billion. In a filing to the US Securities and Exchange Commission, Facebook said it will sell 337.41 million shares and the initial public offering (IPO) price will be between USD 28 and USD 35 per share. At this...
12:56 PM, May 05, 2012
San Francisco: Social-networking site Facebook is halting the sale of its shares on secondary markets effective next week as the company prepares to hold its initial public offering in May, according to a person familiar with the matter. Facebook recently asked firms that arrange trading of its privately held shares to stop doing so, a move intended to reduce churn in its valuation that could complicate matters as it sets...
10:54 AM, Mar 29, 2012
San Francisco: Facebook unveiled what is expected to be Silicon Valley's largest ever initial public offering, but made it clear to outside investors that they will have little voice in its running, as founder and CEO Mark Zuckerberg will continue to exercise almost complete control. The Harvard dropout, who launched what would become the social networking phenomenon out of his dorm room, will own 56.9 per cent of the voting...
11:53 AM, Feb 02, 2012
Some key developments in the eight years since Facebook's creation: February 2004: Mark Zuckerberg starts Facebook as a sophomore at Harvard University. March 2004: Facebook begins expansion to other colleges and universities. June 2004: Facebook moves headquarters to Palo Alto, California. September 2004: Facebook introduces the Wall, which allows people to write personal musings and other tidbits on profile pages. Lawsuit filed against Facebook claiming that Zuckerberg stole the idea...
11:39 AM, Feb 02, 2012
New York: Financial services giants Goldman Sachs and Morgan Stanley are said to be the front-runners for the role of lead investment banker in Facebook's much-awaited blockbuster initial public offering next year, a media report said. Touted as one of the biggest IPOs in over a decade, Facebook's stock sale of about USD 10 billion is expected to take place in early 2012. With the California company planning to file...
11:23 AM, Dec 30, 2011
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02:30 PM, Feb 18, 2011
Reid had been offered to strip for the publication several times in the past. ...
05:55 PM, Dec 12, 2009
Karachi: After two versions of official explanation emerged on Pakistan's limited-overs captain Shahid Afridi's failure to leave along with the national team for the tour of the West Indies on Thursday morning, the skipper clarified that a personal reason prevented him from boarding the flight. When Afridi did not leave for the West Indies along with the rest of the Pakistani squad from Lahore, it raised a lot of eyebrows...
02:27 PM, Jan 15, 2008
Mumbai: IPL debutant Kochi Tuskers Kerala on Wednesday succumbed to their second consecutive defeat but skipper Mahela Jayawardene said it is still early days and his team would need just one win to turn things around. Up against another IPL debutante Pune Warriors, Kochi on Wednesday suffered a four-wicket defeat and Jayawardene said though his team is putting some decent performances they have to focus on the dying moments of...
11:43 AM, Jan 15, 2008
India boasts of the single largest issue worth 1.8 billion dollar. ...
11:43 PM, Aug 10, 2007
Companies that came out with their IPOs seem to have performed better in the financial year 2006. ...
12:39 AM, May 18, 2007
Something went terribly wrong when a a 24-year-old nanny went to get a nose job and liposuction. ...
04:41 PM, Sep 09, 2006
With disinvestment on hold, the Power Ministry is now seeking approval for initial public offers of power corporations. ...
03:36 PM, Aug 24, 2006
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Disclaimer: TV18 Broadcast Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.
