News archive from 2 February 2012

Facebook unveils stock market flotation plans

Facebook unveils stock market flotation plans

The world's largest social networking site, Facebook, has announced plans for a stock market flotation. Facebook said it would seek to raise $5bn (£3.16bn), about half the amount many analysts expected. It is still expected to be the biggest public...

 
Facebook to go public, raise $5B

Facebook to go public, raise $5B

Facebook is going public eight years after its computer-hacking chief executive Mark Zuckerberg started the service at Harvard University. That means anyone with the right amount of cash will be able to own part of a Silicon Valley icon that quickly...

 
Facebook shoots for $5 billion in mega-IPO

Facebook shoots for $5 billion in mega-IPO

The long-awaited submission kicks off a months-long process that will culminate in Silicon Valley's biggest coming-out party since the heyday of the dotcom boom and bust. Facebook, which said it now has 845 million active users, appointed Morgan...

 
EA revenue rises, sells 2 million units of Star Wars

EA revenue rises, sells 2 million units of "Star Wars"

On a non-adjusted basis, the company narrowed its net loss to $205 million, or 62 cents per share, from $322 million, or 97 cents per share, a year earlier. Revenue rose 17 percent to $1.65 billion, beating analysts' average estimate of $1.62 billion,...

 
Facebook Seeks To Raise $5bn In IPO

Facebook Seeks To Raise $5bn In IPO

Facebook has filed paperwork to go public, seeking to raise $5bn on Wall Street in the largest flotation ever by an internet company. In its filing with the US Securities and Exchange Commission, Facebook reported a net profit of $668m last year on...

 
TCHOYI SECURES VALUABLE POINT

TCHOYI SECURES VALUABLE POINT

Fulham began life after Bobby Zamora with a whimper as West Brom secured a 1-1 draw on Roy Hodgson's first return to Craven Cottage. The 31-year-old striker left for west London rivals QPR on transfer deadline day, leaving the home side bereft of...

Daily Star, 22:59 in Sport
 
Strip Sir Victor Blank of his title, say Lloyds shareholders

Strip Sir Victor Blank of his title, say Lloyds shareholders

Furious Lloyds shareholders have written to the secretive forfeiture committee, which stripped Fred Goodwin of his knighthood on Tuesday, urging it to do the same to former Lloyds chairman Sir Victor Blank. Blank pushed through the disastrous takeover...

 

Mexico's watchdog blocked Televisa deal: sources

The rejection of the proposal will cement telephone tycoon Carlos Slim's dominance of the Mexican cell phone market, where his companies account for 80 percent of subscribers. Watchdog Cofeco's five-member board ruled on broadcaster Televisa's planned...

 

Mexico's watchdog blocked Televisa deal: sources

The rejection of the proposal will cement telephone tycoon Carlos Slim's dominance of the Mexican cell phone market, where his companies account for 80 percent of subscribers. Watchdog Cofeco's five-member board ruled on broadcaster Televisa's planned...

 
Defiant Harry goes in hard at Southwark Crown Court, clashing with policeman and prosecutor

Defiant Harry goes in hard at Southwark Crown Court, clashing with policeman and prosecutor

Earlier day Mandaric spoke of an encounter when Portsmouth beat United, at Fratton Park. Looking across to Redknapp he said: "Better team, better manager." Redknapp dismissed the Crown"s suggestion that he was a "hard-headed...

Daily Mail, 23:33 in Sport
 
American Airlines announces 13,000 job cuts

American Airlines announces 13,000 job cuts

The parent company of American Airlines (AA) says it will shed 13,000 jobs - around 15% of its workforce. AA's parent, AMR, wants to cut staff costs by 20% in a bid to reduce spending by $2bn (£1.26, 1.52bn euros) and raise revenue by $1bn a year....

BBC, 23:44 in Business
 
Automatic pension enrolment timetable

Automatic pension enrolment timetable

Reforms designed to get more people saving for retirement have been pushed back so many times that the latest delay scarcely made the news. It will now be October 2018 before minimum employer contributions to workplace pensions are fully phased in....

BBC, 23:56 in Business
 
Running a business: Your questions answered

Running a business: Your questions answered

For anyone thinking of starting up their own small business, or for those who have recently done so, seeking expert advice is always a good idea. Such assistance is on hand from a new BBC panel of experts who have all proved their business success....

BBC, 00:00 in Business
 
BLACKBURN 0 NEWCASTLE 2: BELOW-PAR TOON GET OFF SCOTT FREE

BLACKBURN 0 NEWCASTLE 2: BELOW-PAR TOON GET OFF SCOTT FREE

SCOTT DANN presented Newcastle with three points on a night when nothing went right for Blackburn. Rovers defender Dann deflected a Ryan Taylor shot past his own goalkeeper in the early stages to condemn Blackburn to their third defeat against the...

 
FULHAM 1 WEST BROM 1: ROY HODGSON MAKES HIS POINT AS SOMEN TCHOYI STRIKES LATE ON

FULHAM 1 WEST BROM 1: ROY HODGSON MAKES HIS POINT AS SOMEN TCHOYI STRIKES LATE ON

ROY HODGSON enjoyed his homecoming to Craven Cottage as sub Somen Tchoyi grabbed an equaliser in the 82nd minute. West Bromwich Albion manager Hodgson returned with a well-constructed plan to repel his former employers and it looked like it would...

 


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