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Facebook picks Nasdaq to list its shares: Report

Facebook picks Nasdaq to list its shares: Report New York: Popular social networking site Facebook, which will soon launch its initial public offering, has zeroed in on the Nasdaq Stock Exchange to list its shares, a media report said. Billionaire Mark Zuckerberg-led Facebook has chosen the city-based Nasdaq over the New York Stock Exchange for its listing, the New York Times reported. The social network will list its shares under the ticker symbol 'FB' on Nasdaq, the Times...
11:24 AM, Apr 06, 2012

India a key source for future growth: Facebook

India a key source for future growth: Facebook Washington: Social networking giant Facebook, which plans to raise $ five billion through an IPO, has said India is a key source for its future growth and its user base in the country has more than doubled in the past one year. The growth of 132 per cent in India has been higher than many other countries, including the home market of the US. It has also acknowledges that Facebook...
07:07 PM, Feb 02, 2012

Factbook: Facebook's laundry list of risks

Factbook: Facebook's laundry list of risks San Francisco: Investors jumped on Facebook's regulatory filings on Wednesday for a glimpse into the company's inner workings ahead of one of the hottest initial public offerings in recent history. But there are also potential downsides. Here are a few key issues Facebook outlined as risk factors in its IPO prospectus: ** Facebook usage plateaus: Despite mind-boggling growth in recent years, the number of Internet users in the world is,...
10:27 AM, Feb 02, 2012

Facebook IPO could value it among top companies

Facebook IPO could value it among top companies Los Angeles: When Facebook makes its long-expected debut as a public company this spring, the social-networking company will likely vault into the ranks of the largest public companies in the world, alongside McDonald's, Amazon.com and Bank of America. The Wall Street Journal reported Friday that Facebook is preparing to file initial paperwork for an offering that could raise as much as $10 billion and value the company at $75 billion...
01:11 PM, Jan 28, 2012

Facebook IPO sparks dreams of riches, adventure

Facebook IPO sparks dreams of riches, adventure San Francisco: Travelling 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...
10:37 AM, Dec 09, 2011