Facebook IPO: Friending with benefits
A lot to like about a company worth $100 billion Facebook, the company that popularized use of the word "friend" as a verb, is at last poised to go public.more
Stocks Climb as New Year Boosts Melco Premium: China Overnight
6:50 AM EST By Jan. 27 (Bloomberg) -- Melco Crown Entertainment Ltd. climbed in New York, pushing the premium over its Hong Kong shares to the widest in two weeks, on speculation New Year holiday gambling will drive Macau casino revenue to a record. Mostmore
Saudi Shares Climb to Six-Month High on Fed?s Low-Rate Pledge
6:57 AM EST By Jan. 28 (Bloomberg) -- Saudi Arabian shares rose to a six- month high in the first trading day this week after the U.S. Federal Reserve signaled it would keep interest rates low through at least late 2014. Saudi Basic Industries Corp., themore
Stocks Climb as New Year Boosts Melco Premium: China Overnight
6:50 AM EST By Jan. 27 (Bloomberg) -- Melco Crown Entertainment Ltd. climbed in New York, pushing the premium over its Hong Kong shares to the widest in two weeks, on speculation New Year holiday gambling will drive Macau casino revenue to a record. Mostmore
Swiss Stocks Retreat; Zurich Financial Falls, Transocean Gains
6:48 AM EST By Jan. 27 (Bloomberg) -- Swiss stocks dropped, extending the Swiss Market Indexs weekly slide, as U.S. economic growth missed forecasts and Greeces government continued discussions with bondholders on a debt swap. Zurich Financial Servicesmore
German Stocks Retreat, Led by Carmakers; DAX Trims Weekly Gain
6:48 AM EST By Jan. 27 (Bloomberg) -- German stocks dropped, with the benchmark DAX Index trimming its weekly advance, after a report showed that the U.S. economy grew slower than forecast in the fourth quarter. Daimler AG and Volkswagen AG led declinesmore
U.K. Stocks Decline, Paring Weekly Gain for FTSE 100; BP Drops
6:48 AM EST By Jan. 27 (Bloomberg) -- U.K. stocks fell from the highest level since July as the U.S. economy expanded less than forecast and private bondholders pressed on in talks with the Greek government for a debt-swap agreement. BP Plc dropped 2.6more
Canadian Stocks Rise for Sixth Week as Mining Stocks Advance
Jan. 27 (Bloomberg) -- Canadian stocks rose, extending a sixth-straight weekly advance, after borrowing costs fell at an Italian debt sale and the U.S. dollar declined for a fifth day against the euro. Barrick Gold Corp., the world?s largest goldmore
Canadian Stocks Rise for Sixth Week as Mining Stocks Advance
Jan. 27 (Bloomberg) -- Canadian stocks rose, extending a sixth-straight weekly advance, after borrowing costs fell at an Italian debt sale and the U.S. dollar declined for a fifth day against the euro. Barrick Gold Corp., the world?s largest goldmore
U.S. Stock-Index Futures Rise Before GDP Report; Juniper Falls
6:20 AM EST By Jan. 27 (Bloomberg) -- U.S. stock-index futures advanced, indicating that the benchmark Standard & Poors 500 Index may trim a weekly decline, before a report that may show the worlds largest economy expanded in the fourth quarter. Futuresmore
U.S. Stocks Trim Losses as Consumer Confidence Tops Estimates
Jan. 27 (Bloomberg) -- U.S. stocks trimmed early losses after a gauge of consumer confidence exceeded estimates, helping the market recover from a report showing the economy grew less than forecast last quarter. The Standard & Poor?s 500 Index slippedmore
Cyprus Responds to Fitch Cut, Says Economy on ?Solid Foundation?
6:01 AM EST By Jan. 28 (Bloomberg) -- Cypruss economy has a solid foundation and excellent prospects, the Finance Ministry said after Fitch Ratings downgraded the nations debt to the lowest level in its investment-grade structure. The ministry, inmore
U.S. Stocks Erase Losses as Banks Rally on Greek Negotiations
6:16 AM EST By Jan. 27 (Bloomberg) -- U.S. stocks erased losses as banks rallied amid optimism Greece will reach a deal with bondholders, helping the market recover from an early slump triggered by lower-than-forecast growth in the economy. The Standardmore
Asia Stocks Rise on Prospects Japan May Move to Halt Yen?s Gain
3:21 AM EST By Jan. 27 (Bloomberg) -- Asian stocks rose for a third day after Japanese Prime Minister Yoshihiko Noda said he expects the Bank of Japan will take bold policy actions to address the yens gain. Energy and mining shares advanced. The MSCImore
Advantest, MS&AD, NTT, Tohoku Electric: Japan Stocks Preview
3:11 AM EST The Adventures of Superfood Man By Jan. 27 (Bloomberg) -- The following companies may have unusual price changes in Japanese trading on Jan. 30. Stock symbols are in parentheses, and share prices are as of the latest close. The information inmore
Saudi Arabia Foreign Shares Listing Rules May Boost Gulf Markets
2:15 AM EST By Jan. 23 (Bloomberg) -- Saudi Arabias decision to allow foreign companies to list securities in the Arab worlds biggest bourse may help the regions equity markets lure investors and boost trading volumes. Securities on another exchange withmore
Bernanke?s wrong when he claims CDs keep up with inflation
During his press conference this week, Ben Bernanke said something any saver would question. "Over a longer period of time, even if you have money in a CD or some other investment vehicle, the interest rate will compensate you for inflation," the Federalmore
US Economy Expands 2.8% in Q4? ? 27 Jan 2012
Friday's GDP number shows economic growth slower than expected last month. Is it reason to worry? CNBC's Steve Liesman, discusses.more
Canada Dollar Gains for Third Week as Commodities Climb on Fed
12:22 AM EST By Jan. 28 (Bloomberg) -- Canadas dollar strengthened for a third week against its U.S. counterpart, its longest winning streak in three months, as commodities gained after the Federal Reserve pledged to extend its freeze on U.S. interestmore
Treasury Five-Year Yield Falls to Record Low on Fed Strategy
12:22 AM EST By Jan. 28 (Bloomberg) -- Treasury five-year note yields fell to the lowest level ever after Federal Reserve officials unexpectedly said their benchmark interest rate will stay low until at least late 2014. Yields on the securities set threemore
Facebook IPO Filing as Early as Next Week
12:23 AM EST By Jan. 28 (Bloomberg) -- Facebook Inc., the worlds largest social-networking service, is aiming to file for its initial public offering as early as next week, two people with knowledge of the matter said. The company is discussing amore
Canadian Dollar Outlook Turns Bearish
More on Currencies Fundamental Forecast for Canadian Dollar: Bearish - Canadian Dollar Focus is on 200 Day Average - Canadian Dollar Forecast to Strengthen The Canadian Dollar had a modestly strong week, climbing 1. 1 percent against the U.S. Dollar,more
Facebook Said to Plan Its IPO Filing for as Early as Next Week
Jan. 28 (Bloomberg) -- Facebook Inc., the world?s largest social-networking service, is aiming to file for its initial public offering as early as next week, two people with knowledge of the matter said. The company is discussing a valuation of $75more
BofA's Harris Expects Further Fed Asset Purchases
Jan. 27 (Bloomberg) -- Ethan Harris, co-head of global economic research at Bank of America Merrill Lynch, talks about the outlook for the U.S. economy and Federal Reserve monetary policy. Restrained spending by consumers held growth in the U.S. economymore
Facebook IPO Filing as Early as Next Week
Jan. 27 (Bloomberg) -- Facebook Inc., the world?s largest social-networking service, is aiming to file for its initial public offering as early as next week, two people with knowledge of the matter said. The company is discussing a valuation of $75more
Facebook set for highly anticipated IPO
Facebook, the leading social network, is expected to file for an initial public offering as early as Wednesday, the Wall Street Journal has reported © 2012 The Globe and Mail Inc. All Rights Reserved.more
A look at economic developments and activity in major stock markets around the world
Friday: ___ MADRID Spains brutal unemployment rate soared to nearly 23 percent and closed in on 50 percent for those under age 25, leaving more than five million people or almost one of every four out of work as the country slides towardmore
Report: Facebook to file IPO next week
Contacted by The Washington Post, Facebook declined to comment on speculation related to its IPO. Late last year, sources close to the company told Bloomberg that Facebook could raise up to $10 billion with its IPO, making it the largest technology IPOmore