Friday, May 18, 2012

Facebook news

  • The area outside Facebooks offices was packed with photographers, more than a dozen television trucks, and a TV news helicopter hovering overhead.
  • (Yahoo Finance)
  • Slow news day." Film director Nicholas Stoller takes the award for most cynical response: "The fetishization of Facebook stock is weirding me out and suggests to me something deeply off about our society.
  • (PC World)
  • You need to enable Javascript to play media on Bloomberg.com Mark Zuckerberg remains one of the 30 richest people on Earth after shares of Facebook Inc.
  • (Bloomberg)
  • NEW YORK (Reuters) - Lead Facebook Inc underwriter Morgan Stanley took a bet earlier this week when it increased the size of the social networking firms $16 billion initial public offering and it boosted the price.
  • (YAHOO!)
  • MTV News said it could not by press time reach representatives for Bonos band, U2, for confirmation about the value of the artists Facebook stock.
  • (United Press International)
  • MENLO PARK, Calif. (KGO) -- Rock stars and wealthy investors are not the only beneficiaries of the Facebook IPO. The state of California had a good day as well, since this stock sale helps state government.
  • (Abc Local Web)
  • Indications had been strong that demand was high as bankers upped the shares for sale, ultimately pricing Facebook (FB - News) at 38, the top of a raised range. The stock immediately rose 12%, then peaked at 45. It closed the day at 38.
  • (Yahoo Finance)
  • It might be easy to get caught up in the Facebook hype today. Maybe not for the reasons Mark Zuckerberg would want, though. The price action on Facebooks initial public offering has been dismal.
  • (NASDAQ)
  • Facebook Inc. (FB) Chief Executive Officer Mark Zuckerberg television camera crews filled the parking lot outside while three news helicopters buzzed overhead.
  • (Bloomberg)
  • Companies die and new ones are born. Clearly, the verdict Friday is that Facebook is the future, while HP doesnt seem to have much of one.
  • (San Jose Mercury News)

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