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U.S. Morning Call: Facebook IPO and wealth effect
Wednesday, February 01, 2012 - 02:29
Feb. 1 - Facebook's proposed IPO could triple the wealth effect started by four big tech IPOs sold in the last year. Candidate Romney rakes in the money and a win in Florida.
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Here's -- offer this Wednesday -- just how big is this FaceBook IPO going to be. While taking a major Internet IPOs from last year Linkedin pandora Groupon and Zynga. They added thirty billion dollars in stock market value. FaceBook could triple that sources telling Thomson Reuters IFR FaceBook is expected to file paperwork. 45 billion dollar IPO this morning with Morgan Stanley as the lead underwriter. No word on where FaceBook listing will land the NYSE and NASDAQ but the NYSE could use -- boosted its proposed exchange merger goes down the right. European Union regulators putting in the final -- confident the Georgia -- and YSE Euronext deal. They -- the tie up would give the companies' stranglehold on European futures markets. Previous proposed deals in Iceland stock exchange with Toronto Stock Exchange and the NYSE with the NASDAQ also failed. At least get wet heat it up to spend anymore time sweating over and he changed. Mitt Romney racking up the victories with his Florida win and raking in the cash. He ended 2011 with nearly twenty million dollars on hand well more than his Republican competitors so far behind president. -- defeating Newt Gingrich by fourteen points in Florida after losing South Carolina ten days earlier Ronnie keeping one eye on his Republican challengers and the other. President Obama. Does this primary unfolds our opponents in the other party have been watching. And they like to comfort themselves of the thought that a competitive campaign believe us divided. And weak. But I've got news for them a competitive primary does not divide as it prepares us and we will. US prosecutors are trying to keep the US businessman in jail inmate accused of working. With the Chinese Government to -- trade secrets from DuPont. While relieved faces a bail hearing today California on the matter he's charged with three counts including conspiracy to Tampa with witnesses and evidence. Prosecutors say he paid -- on engineers persistence in designing titanium dioxide used as a whitening Egypt and he and other products. They allege he -- that information to the Chinese Government. -- has not entered -- has entered a not guilty plea. Stocks to watch today including Amazon Internet company falling in the premarket after warning of possible operating loss for the first quarter. And whirlpool which reported drop in quarterly sales hurt -- strong dollar and weak levels enhanced that's -- call this Wednesday I'm Jen Rogers this is Reuters Insider.
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U.S. Morning Call: Facebook IPO and wealth effect
Wednesday, February 01, 2012 - 02:29
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