Category: News
Facebook Raises $16 Billion In Record Technology Offering
Posted by admin on 11/24/11 • Categorized as News
Facebook Inc. (FB) raised $16 billion in the biggest initial public offering by a technology company in history, pricing the shares at the top end of an increased range
The social network sold 421.2 million shares at $38 each, a statement [...]
Stocks Drop On Europe, Manufacturing Data As Gold Rallies
Posted by admin on 11/24/11 • Categorized as News
Stocks sank, dragging the Standard & Poor’s 500 Index to a four-month low, as concern grew about the health of Spanish banks and an U.S. gauge of manufacturing trailed projections. Gold rebounded from its lowest level of the [...]
Aussie Dollar Touches 5-Month Low On Europe Debt Crisis
Posted by admin on 11/24/11 • Categorized as News
The Australian dollar touched a more than five-month low, extending declines to a third-straight week, as concern that the European debt crisis is spreading curbed demand for riskier assets.
New Zealand’s dollar was also set to complete a weekly loss as [...]
European leaders and financial markets braced for Greece exit from euro
Posted by admin on 11/24/11 • Categorized as News
Barack Obama is to put pressure on Germany to ease the pain of austerity with policies to boost growth, as he uses two days of talks with the G8 industrial nations to warn Europe that it needs to act swiftly [...]