Thursday, May 17, 2012

Facebook IPO

  • Investment banks organizing the stock offering set the price at the top end of the range of $34 to $38 per share estimated by Facebook in a regulatory filing earlier this week.
  • (msnbc.com)
  • Facebooks initial public offering of stock is shaping up to be one of the largest ever. The worlds definitive online social network is raising at least $16 billion, a big windfall for a company that began eight years ago with no way to make money.
  • (AP - msnbc.com)
  • It's prom season – and the Internet behemoth, Facebook, is all dressed up and ready to dance with both Wall Street and small-time investors.
  • (The Christian Science Monitor)
  • Facebook priced its initial public offering at $38 a share, which would value the company at $104 billion. The company tried floating higher numbers to investors but was rebuffed. Shayndi Raice has details on The News Hub. Photo: Reuters.
  • (Wall Street Journal)
  • Facebook (FB) opens for trading Friday in an initial public offering that is beyond full of the normal fundamental uncertainties. That comes with the turf for hot IPOs, in my opinion.
  • (MSN Money)
  • Where do you think Facebook will close the first day it trades in the open market? Submit your guess for a chance to win a CNBC Closing Bell prize pack. Join Net Net's John Carney today for a Google+ hangout at 4p ET as we countdown to the Facebook IPO.
  • (CNBC)
  • Eduardo Saverin, a co-founder of Facebook and soon-to-be IPO multi-billionaire, defended relinquishing his U.S.
  • (ABC News)
  • Facebook and underwriters, as usual, kept mum about overall demand ahead of the IPO. Facebook, which will trade under the ticker FB, did not return calls for comment.
  • (Reuters India)
  • NEW YORK -- Facebook has priced its initial public offering of stock at $38 per share, the social network announced Thursday.
  • (KTLA.com)
  • Facebook Inc. priced its shares in its initial public stock offering at $38 late Thursday, setting the stage for its historic market debut Friday. The IPO values Facebook at $104 billion, the largest-ever for a newly public company. The $18.
  • (msnbc.com)

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