Thursday 2 February 2012

Public Stock Offering-State Lawmakers-Administration-Facebook-Windfall

Facebook offers reasons not to like its shares

Anyone looking for a reason NOT to invest in the most heavily hyped IPO of the decade need look no further than page 11 of the company's prospectus, filed with federal regulators Wednesday. read more..

Calif. lawmakers cheer Facebook IPO, see windfall

Gov. Jerry Brown's administration and state lawmakers on Wednesday hailed Facebook's much-anticipated plans for a public stock offering as a potential windfall for California's cash-strapped treasury, while some already say the extra revenue should go to preventing cutbacks to public schools. read more..

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