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Facebook plans to raise $10.6 billion in mega IPO

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SAN FRANCISCO - Facebook Inc aims to raise about $10.6 billion (6.5 billion pounds) in Silicon Valley's largest IPO, dwarfing the coming-out parties of tech companies like Google Inc and granting the world's largest social network a market value close to Amazon.com's. | Video

Facebook plans to raise $10.6 billion in mega IPO

SAN FRANCISCO - Facebook Inc aims to raise about $10.6 billion in Silicon Valley's largest IPO, dwarfing the coming-out parties of tech companies like Google Inc and granting the world's largest social network a market value close to Amazon.com's.

Tech, Deals 2:50am BST

UPDATE 7-Facebook plans to raise $10.6 bln in mega IPO

* Facebook shares to be priced between $28 and $35 per share (Adds analyst comments, details)

Bonds, Regulatory News 2:44am BST

Special Report: Documents allege money-laundering lapses at HSBC

NEW YORK - In April 2003, the Federal Reserve Bank of New York and New York state bank regulators cracked the whip on HSBC Bank USA, ordering it to do a better job of policing itself for suspicious money flows. Staff in the bank's anti-money laundering division, according to a person who worked there at the time, flew into a "panic."

2:32am BST

Neo-Nazi suspected in Arizona murder-suicide

GILBERT, Arizona - The Neo-Nazi founder of an anti-immigrant border militia is believed to have shot and killed four people before turning a gun on himself following a domestic dispute at a home in a Phoenix suburb, police said on Thursday.

2:00am BST

PRESS DIGEST - Financial Times - May 4

UBS shareholders fired a warning shot to Axel Weber, the incoming chairman, as they voted heavily against proposals by the board and top management on pay and corporate governance. http://link.reuters.com/dym97s

Bonds, Regulatory News, 1:51am BST

Packer's CMH says had early talks on potential sale

MELBOURNE - Australian billionaire James Packer's media company said on Friday it has had early talks with an unnamed suitor on a possible takeover for the group, which owns a 25 percent stake in pay TV operator Foxtel, worth about $1 billion.

1:31am BST

Packer's CMH says had early talks on potential sale

MELBOURNE, May 4 - Australian billionaire James Packer's media company said on Friday it has had early talks with an unnamed suitor on a possible takeover for the group, which owns a 25 percent stake in pay TV operator Foxtel, worth about $1 billion.

Regulatory News, 1:23am BST

First Solar ups forecast after miss, Sunpower beats

- First Solar posted a surprise quarterly loss on Thursday, but raised its full-year profit outlook as it drives down production costs for its solar panels, while peer SunPower Corp slightly beat Wall Street forecasts.

12:51am BST

WRAPUP 1-First Solar ups forecast after miss, Sunpower beats

May 3 - First Solar posted a surprise quarterly loss on Thursday, but raised its full-year profit outlook as it drives down production costs for its solar panels, while peer SunPower Corp slightly beat Wall Street forecasts.

12:49am BST

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