|
News
-
Financial News
|
Yelp Inc. and Zynga Inc. have submitted regulatory filings for initial public offerings of stock, and Facebook is expected to do so next year. They would become the latest tech companies to go public. Below is a look at how the stocks of some recently public companies are faring. The companies are all loosely Internet-related, though their businesses vary widely. " Angie's List, reviews site, first trading day on Nov. 17. Pricing: $13 First-day close: $16.26, up 25 percent Thursday's close: $16.15, up 24 percent " Groupon Inc., online deals company, first trading day on Nov. [Read the full article]
Facebook CEO Mark Zuckerberg (L) holds a gong while celebrating with members of his staff after unveiling the company's new location services feature called "Places" during a news conference at the Facebook headquarters in Palo Alto, California, in this August 18, 2010 file photograph. REUTERS/Robert Galbraith/FilesFacebook CEO Mark Zuckerberg speaks with the crowd gathered prior to unveiling the company's new location services feature called "Places" during a news conference at the Facebook headquarters in Palo Alto, California, in this August 18, 2010 file photograph. REUTERS/Robert Galbraith/FilesSAN FRANCISCO (Reuters) - Traveling to space or embarking on an expedition to excavate lost Mayan ruins are normally the stuff of adventure novels.But for employees of Facebook, these and other lavish dreams are moving closer to reality as the world's No. [Read the full article]
Facebook CEO Mark Zuckerberg (L) holds a gong while celebrating with members of his staff after unveiling the company's new location services feature called "Places" during a news conference at the Facebook headquarters in Palo Alto, California, in this August 18, 2010 file photograph. REUTERS/Robert Galbraith/FilesSAN FRANCISCO (Reuters) - Traveling to space or embarking on an expedition to excavate lost Mayan ruins are normally the stuff of adventure novels.But for employees of Facebook, these and other lavish dreams are moving closer to reality as the world's No. 1 online social network prepares for a blockbuster initial public offering that could create at least a thousand millionaires.The most anticipated stock market debut of 2012 is expected to value Facebook at as much as $100 billion, which would top just about any of Silicon Valley's most celebrated coming-out parties, from Netscape to Google Inc. [Read the full article]
|
