Media
Facebook plans to raise $10.6 billion in mega IPO
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.
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)
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."
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.
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
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.
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.
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.
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.