Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
In recent developments Facebook is expected to raise the stakes in its initial public offering expected this Friday by 85 million more stock. This increase will bring the total number of stock to a total of 422 million from 337 million. The reason for this sudden decision in the increment in stock is still unknown […]
Facebook’s upcoming Initial Public Offering (IPO) is tipped to be the most awaited and speculated offering not just in this year but since Google went public in August, 2004. This is not because both belong to the same online/internet industry but because Facebook might make a huge business against all odds. At first, Google was […]
Orkut was in the market before Mark Zuckerberg even hatched the idea of Facebook. But even in the presence of a social network, which was a big hit in Asia, the most populated continent in the world, Facebook surpassed its number of users in a matter of few years. Google’s network by the name of […]
(Reuters) – Facebook Inc has increased the price range in Silicon Valley’s biggest-ever initial public offering to raise more than $12 billion, giving the No.1 social network a valuation potentially exceeding $100 billion. The company founded in a Harvard dorm room by Mark Zuckerberg raised the price target range to between $34 and […]
JP Morgan Chase is one of the biggest investment banks and brokerage companies in the world. However, last week, the bank was on the verge of losing in the tune of $2 Billion in a trading loss. Though the catastrophe was evaded at the nick of time but the top management has not ignored the […]
(Reuters) – The roadshow for Facebook Inc’s initial public offering is scheduled to start on Monday, meaning the company’s shares should begin trading on May 18, a source familiar with the process said on Tuesday. Founder and CEO Mark Zuckerberg, who has mostly operated in the background during Facebook’s closely watched journey to public […]
(Reuters) – Mark Zuckerberg wants at least $5 billion from Wall Street investors, but those investors will not be getting much face time in return. The Facebook co-founder and CEO made that clear when he skipped the social networking company’s first major briefing for analysts and bankers last week. The meeting was the first of […]
(Reuters) – Facebook Inc is taking the next step on its IPO journey and has summoned research analysts from Wall Street banks to its Menlo Park headquarters early next week for a pre-roadshow briefing to discuss the finer points of its business and books. The world’s largest social network, which is racing toward what would […]
(Reuters) – Facebook Inc added several women- and minority-owned investment banks to the roster of underwriters for its initial public offering, following in the footsteps of General Motors Co and Goldman Sachs Group Inc, which did the same during their own offerings. The No. 1 online social media network, which filed an amended IPO […]
(Reuters) – Facebook Inc plans to increase its $2.5 billion credit line to help cover a major tax hit when employee stock awards vest shortly after it goes public, according to two sources familiar with the company’s plans. The world’s largest social media network, which boosted its borrowing capacity by two-thirds just six months ago, […]
(Reuters) – Facebook has unveiled new ways for businesses to reach its 845 million users directly across all devices, including mobile, as it races toward a multibillion dollar IPO. With new "Premium on Facebook" ads, marketers can expand their reach on the social network by paying for a video, a coupon or other message to […]
The realty business is starting to take big strides in the US and one of main contenders to make big bucks by entering the corporate world is Empire State Realty Trust, which owns the largest building in New York, the Empire State Building. However, there are certain constraints by which they have to live. First […]
