Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Yahoo, Inc. has finally made the decision of selling its stake in Alibaba Group. The roots of the decision could be found to end up at the new Interim Yahoo CEO Ross Levinsohn. It was a long awaited choice that many experts had been suggesting for the beleaguering company. Now that it has been made […]
At the minimum price, and assuming the repurchase of half of Yahoo’s stake, the company would receive $7.1 billion, including $6.3 billion in cash and up to $800 million in new Alibaba preferred stock. Meanwhile, the deal sets up a “framework” for Yahoo to “monetize its remaining interest in Alibaba in stages…” …At the time […]
Facebook is in the stock market, officially. What the company brings is an extra capital boost to its already-thriving enterprise, the social network that has around 900 million subscribers. The first day of trading gave the company an extra capital gain of $16 Billion, closing the trade at $38.23 a share. At the day’s start […]
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(Reuters) – The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company’s sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close. Facebook shares began trading late Friday morning and opened 11 percent above the $38 offering […]
Flour prices soar up by Rs4.25 per kg Friday, May 18, 2012: PFMA (Punjab Flour Mills Association) has increased the price of a 20kilogrames (kg) bag by Rs85 or Rs4.25 per kg. The PFMA has taken the step in the wake of increase in the wheat price in the open market and the Punjab Chief […]
Govt. to present the budget on June 1: Hafeez Shaikh Islamabad: (Friday, May 18, 2012) Federal Minister for Finance, Dr. Abdul Hafeez Shaikh has said that the federal government will present the upcoming budget on June 01. He said the government will give priority to protecting the poor. The Minister for Finance shared this information […]
(Reuters) – Investors are bracing for Facebook’s Wall Street debut on Friday after the world’s No.1 online social network raised about $16 billion in one of the biggest initial public offerings in U.S. history. Valued at $104 billion, Facebook is larger than Starbucks Corp and Hewlett-Packard combined, sparking intense speculation on how much higher its […]
Incentives for business community in next budget asserts Abdul Hafeez Shaikh Thursday, May 17, 2012: Dr Abdul Hafeez Shaikh, Federal Finance Minister, has said that the government is considering giving incentives to the business community and people to achieve economic stability in the next budget. The finance minister further said that the government had no […]
Only one day left in the biggest initial public offering in the history of internet-based companies, if not the history of stock market in the US of A. Facebook is scheduled to price its upcoming stock on Thursday, that is today and on Friday the company, along with its major underwriter JP Morgan Chase, is […]
Considering all these factors the confliction in reports on Facebook’s fate in stock market holds truth to itself. The company’s sole mode of income is advertisement to date which has churned some $4 Billion for the network last year. Where this much amount is no joke for a company of any magnitude, the stock price […]
The answer is yes to every one of these questions. Though it is an unconventional mode of advertisement but it is strong in every sense of the word. It may take some time for marketers and users to get used to this model but eventually it has a bright future, and it is going to […]
