By Olivia Oran and Alistair Barr
NEW YORK/SAN FRANCISCO (Reuters) – Facebook Inc priced its initial public offering at $38 a share, giving the world’s No. 1 online social network a $104 billion valuation in the third largest offering in U.S. history.
The offering puts the eight-year-old company, founded in a Harvard dorm room, a valuation...
by buysellshort | May 16th, 2012
Wed, May 16, 2012, 5:47pm EDT – US Markets are closed
By Jessica Toonkel
NEW YORK (Reuters) – 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...
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by buysellshort | May 15th, 2012
US stocks waver as fears about Greek political impasse duke it out with stronger economic data
By Daniel Wagner, AP Business Writer | Associated Press – 2 hours 22 minutes ago
2
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Companies:
Lennar Corp.
Avon Products Inc.
The TJX Companies, Inc.
RELATED QUOTES
Symbol
Price
Change
LEN
29.16
+0.79
AVP
18.71
-2.02
TJX
42.45
+2.75
LEN-B
23.41
+0.51
BAC
7.30
-0.05
Stronger...
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by buysellshort | May 8th, 2012
By Shobhana Chandra | Bloomberg – 1 hour 59 minutes ago
Job openings in the U.S. rose in March to the highest level in more than three years, a sign employers may be looking to take on more staff as the economy grows.
The number of positions waiting to be filled increased by 172,000 to 3.74 million, the most since July 2008, from a revised...
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by buysellshort | May 7th, 2012
By Joshua Zumbrun | Bloomberg – 1 hour 51 minutes ago
2
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Companies:
Choice Hotels International Inc.
Visa, Inc.
RELATED QUOTES
Symbol
Price
Change
CHH
37.50
+0.11
V
118.52
+0.73
The smallest gain in U.S. payrolls in six months need not presage the kind of slowdown that bedeviled...
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by buysellshort | May 6th, 2012
By Daniel Gross | Contrary Indicator – Fri, May 4, 2012 9:55 AM EDT
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The April jobs report, released Friday morning, found that the U.S. economy created a disappointing 115,000 jobs for the month. On several levels, the jobs report offered more of the same.
Disappointingly weak job trend. The poor job market has been...
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by buysellshort | April 22nd, 2012
Reuters – 5 hours ago
By Gernot Heller and Glenn Somerville
WASHINGTON (Reuters) – Global finance chiefs pressed Europe in weekend talks to quickly put in place the economic reforms needed to finally extinguish its debt crisis now that newly increased financial buffers have bought some precious time.
A day after advanced and emerging...
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by buysellshort | March 6th, 2012
Reuters – 52 minutes ago
(Reuters) – Lehman Brothers Holdings Inc emerged from its record $639 billion bankruptcy on Tuesday and said it will start paying back creditors on April 17.
The move puts an end to the bankruptcy proceeding that began on September 15, 2008, when Lehman collapsed and rocked the foundations of the global financial...
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by buysellshort | February 29th, 2012
Published: Feb 29, 2012
By Barbara Powell – Feb 29, 2012
The U.S. exported more gasoline, diesel and other fuels than it imported in 2011 for the first time since 1949, the Energy Department said today.
Shipments abroad of petroleum products exceeded imports by 439,000 barrels a day, the department said in the Petroleum Supply Monthly report....
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