Facebook loses 18% of value since IPO
Shares slumped toward their original offering price range in the third day of trading, as scrutiny of the $16bn IPO process intensified
Advantages of Using Banking Services
Aside from keeping our money safe at banks, many of us are ignorant to the many services that banks can offer. The basic function of these financial establishments is to safe guard the money of their customers.
F1 draws $1.6bn from investors
CVC has sold a stake in three separate deals that value Formula One at $9.1bn including debt ahead of a planned June listing in Singapore
Getty Images owners consider sale or IPO
Private owners of world’s largest distributor of stock photos, video and other digital content examines a possible sale or public offering
“What’s Geithner Thinking?” Treasury Grants China Direct Access to Buy U.S. Bonds
Follow The Daily Ticker on Facebook! In an unprecedented move, in June 2011 the U.S. Treasury Department granted the Chinese government direct-bidder status to purchase U.S. Treasuries direct from the U.S. government, reports Reuters. All other central banks must purchase U.S. Treasuries through primary dealers on Wall Street, which then place bids on their behalf [...]
