Daily Archives: April 5, 2012

Facebook (FB) picks Nasdaq for upcoming stock offering

 

Image representing Facebook as depicted in Cru...

Image via CrunchBase

http://www.reuters.com/article/2012/04/05/net-us-facebook-nasdaq-idUSBRE83410W20120405

There is also talk of a split of Apple stock.  But that won’t change your portfolio value. 

http://www.reuters.com/article/2012/04/05/net-us-facebook-nasdaq-idUSBRE83410W20120405

Facebook‘s impending debut has whipped up an investor and media frenzy that recalls the go-go days of the first dotcom boom. The social network that began as a dorm room project for Harvard dropout Mark Zuckerberg has vaulted to Silicon Valley‘s top tier within eight years.

Its listing decision deals a blow to NYSE Euronext, which has waged an aggressive battle for marquee tech names in past years.

A major push by listings chief Scott Cutler, who frequently flies out for meetings in Silicon Valley, succeeded in snagging LinkedIn Corp and Pandora Media Inc in 2011.

Listing fees range from $38,000 to $500,000 a year on the New York Stock Exchange, and run between $35,000 and $99,500 a year on Nasdaq.

In 2011, NYSE Euronext hosted 44 percent of technology IPOs in the United States, bringing 19 new listings to the market and ranking first globally in IPO proceeds raised.

heloise8:

Blacks ain’t supposed to live in Newport Beach, CA

Originally posted on News One:

torii hunter twitterBaseball superstar Torii Hunter of the Los Angeles Angels says police officers pulled guns on him in his own house in Newport, California, TMZ reports.

SEE ALSO:Forget The Church! Follow Jesus

Hunter took to Twitter yesterday to give his account of events that lead to his encounter with California’s finest. First, he admits that he mistakenly switched off his alarm. But Hunter did feel that the cops took their investigation too far.

Here are a few of the tweets on the incident:

6:21 P.M., April 4th, Hunter tweeted: My alarm went off in my house while I was in it. 20mins later I saw cops checking out the scene. Went outside and they drew there guns on me.

6:25 P.M., April 4th: They didn’t believe I lived here in Newport coast so they walked me upstairs at gunpoint to get my ID.

6:27 P.M., April 4th: When I…

View original 333 more words

heloise8:

I managed to get five shares last month. Now with the dividend I will get 5 more with my earnings from FB stock.

Originally posted on Fortune Tech: Technology blogs, news and analysis from Fortune Magazine:

At 12:26 p.m. Eastern, Apple’s share price passed Google’s for the first time

Source: Bullish Cross

It is said that one of the reasons Apple (AAPL) hasn’t split its stock since 2005 is that Steve Jobs wanted to see his company’s share price overtake Google’s (GOOG).

If that’s true, it’s a shame Jobs didn’t live to see the screenshot above grabbed by Bullish Cross‘ Andy Zaky. It shows the moment, time stamped Thursday April 5 @12:26:35 p.m. EDT, when Apple at $633.07 first passed Google at $633.

Says Zaky: “First stop, Google, next stop Priceline, final destination, Berkshire Hathaway.”

In terms of market value, Apple overtook all three companies years ago.

View original

JFK on paper

heloise8:

Toure’s tough talk

Originally posted on Ideas:

The battle around the Trayvon Martin case is threatening to rip America apart, damage its soul and underline the fact that there are two Americas, separate and unequal. That’s why America needs its journalists to do their best in this moment to help America function justly. But when journalists become advocates for a perspective, does that make them unprofessional? That charge were leveled at me recently by Piers Morgan on his show, after I criticized him for not asking tougher questions in his interview with George Zimmerman’s brother, Robert Zimmerman.

The notion that journalists should not have opinions is archaic. Nowadays, no one would dare end a news broadcast with a paternal and authoritative phrase like, “That’s the way it is,” as Walter Cronkite did decades ago. Savvy media consumers know bias exists in everyone.  Someone who pretends to be completely objective is lying to you, and that’s arguably more…

View original 687 more words

Santita Jackson: The Left joins the Right?

http://timeoutchicago.com/arts-culture/chicago-media-blog/15232781/out-of-left-field-santita-jackson-joins-fox-news-pundits

  • Santita Jackson’s media career takes an unexpected turn Friday when she debuts as a contributor to Fox News Channel, appearing during the 7am hour of Fox & Friends. Jackson, an outspoken liberal and the eldest daughter of the Rev. Jesse L. Jackson, most recently hosted middays at Midway Broadcasting urban news/talk WVON-AM (1450). Although she’s been off the air (and off the station’s payroll) since December, the door is open for her to return via syndication. “I have a great deal of respect for Santita and think she’s extremely talented,” said Melody Spann Cooper, chairman of Midway Broadcasting and general manager of WVON. “If she ever were to get a syndication deal, I would love to put her on in the evening.” Perri Small, who’s been filling Jackson’s former 9am-to-noon slot since December, is expected to be named her permanent replacement. But Cooper said it’s not official yet — despite a change to that effect on WVON’s website. “That’s not correct,” she said. “I would say it’s likely, but it’s still a little premature because it has not happened.”
Follow

Get every new post delivered to your Inbox.

Join 886 other followers