 Bloomberg |
Facebook IPO Makes Zuckerberg Richer Than Google Founders
Bloomberg Facebook Inc. (FB)'s $ 16 billion initial public offering has made 28-year-old Mark Zuckerberg the 29th richest person on Earth. Facebook, the world's most popular social networking company, sold 421.2 million shares for $ 38 each. The journey in bringing Facebook public. How the IPO price was determined, and … Questions and answers on blockbuster Facebook IPO Facebook's Crucial Challenge: Closing the Back Door |
 Telegraph.co.uk |
FOREX-Yen advances; Greece, Spain woes slam euro
Reuters * Worries about Greece euro exit, banking sector hurt euro * Euro hits 4-month low vs firmer dollar, 3-month low vs yen * Spain's Bankia shares tumble, talk of possible downgrades By Gertrude Chavez-Dreyfuss NEW YORK, May 17 (Reuters) – The safe-haven … Greek crisis: what happens next? Dollar drops on latest fears for eurozone Greek Leftist Leader Throws Down Gauntlet on Debt |
 Telegraph.co.uk |
HP to Slash Work Force by up to 30000
Wall Street Journal By BEN WORTHEN Hewlett-Packard Co. plans to cut its workforce by 25000 to 30000 employees, people familiar with the matter said, a record number for the venerable technology giant as it grapples with declining revenue and profits. Hewlett-Packard to Cut About 30000 Jobs Hewlett-Packard Said to Consider Cutting as Many as 25000 Jobs Huge job cuts rumored to be looming at Hewlett-Packard |
 AFP |
Moody's downgrades Spanish banks
CNN NEW YORK (CNNMoney) — Rating agency Moody's downgraded 16 Spanish banks on Thursday, the latest sign of distress in Europe. Among those downgraded were giants Banco Santander and BBVA, the country's two largest banks. Moody's cited concerns about the … Moody's downgrades 16 Spanish banks Moody's Downgrades 16 Spanish Banks, Banco Santander UK Unit Santander, BBVA Among Spanish Banks Downgraded by Moody's |
 AFP |
Spain beset by bank crisis, downgrades, bond pressure
Reuters * Free-spending regions agree big budget cuts * Over 1 bln euros taken out of Bankia – report * Govt denies report but Bankia shares tumble * Moody's downgrades 16 banks including Santander By Carlos Ruano and Julien Toyer MADRID, May 17 (Reuters) … Bankia bought own shares ahead of bailout Spain banking sector shaken by report of bank run Spain beset by bank crisis, recession, bond pressure |
