COMPANIES

Facebook Filling for $5-Bln IPO

Facebook IPO: 5 Danger Signs for Investors

Assuming the $100 billion initial public offering by Facebook proceeds as planned, investors will likely clamor for shares and snap them up, just as in earlier Web frenzies for Netscape Communications, Yahoo and Google. But there are dangers.

CME Group Unveils $100M Fund to Protect Farmers

Traders work in the Euro Dollar pit at the CME Group in Chicago
CME Group Inc. (NASDAQ:CME), the world's largest futures market operator by contract volume, announced Thursday a $100 million fund to protect agricultural customers - a move to rebuild lost confidence after the collapse of MF Global Holdings LP.

Facebook IPO: Top 10 Countries with Most Facebook Users

Mark Zuckerberg, the Co-Founder of Facebook.
Facebook filed for its initial public offering (IPO) on Wednesday, a monumental step in the short history of the company that has helped change the face of the Internet in just eight years. With 845 million users, Facebook is a global phenomenon. But which countries use it most?
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A Macy's department store is shown in Oceanside

Macy's Increases Outlook After Strong Fiscal 2011

Macy's (NYSE: M) increased its profit outlook as it reported $26.404 billion in sales for fiscal 2011, a 5.6 percent increase year-on, boosted by its strongest fiscal fourth quarter in years and continued growth in online sales.
Director of National Intelligence James Clapper testifies at a Senate Intelligence Committee hearing on Capitol Hill

Hacked Companies still Not Telling Investors

At least a half-dozen major U.S. companies whose computers have been infiltrated by cyber criminals or international spies have not admitted to the incidents despite new guidance from securities regulators urging such disclosures.
Merck's fourth-quarter expectations top expectations

Merck's 4Q Tops Expectations, R&D Costs Down

Merck & Co (MRK.N) on Thursday reported better-than-expected fourth-quarterearnings, helped by a decrease in research spending, and predicted relatively flat 2012 results as the No. 2 U.S. drugmaker girds for cheaper generic forms of its biggest product, asthma drug Singulair.
Indian Hackers

Key Internet Operator VeriSign Hit by Hackers

VeriSign Inc., the company in charge of delivering people safely to more than half the world's Web sites, has been hacked repeatedly by outsiders who stole undisclosed information from the leading Internet infrastructure company.

NRC: Nuclear Accidents Pose Little Risk to Health

The risk to public health from a severe nuclear power plant accident in the United States is very small because reactor operators should have time to prevent core damage and reduce the release of radioactive materials, U.S. nuclear regulators said in a study on Wednesday.
WWDC Event Calender

iPhone 5 Launch: Is it Finally Releasing in June?

After a series of rumors about the launch of the iPhone 5, Apple is finally set to release the much-hyped fifth generation smartphone at Apple Worldwide Developers Conference (WWDC), to be held in June at the Moscone Center, CA, indicated the Chinese-language Commercial Times, quoting Daiwa Securities.
Royal Dutch Shell

Royal Dutch Shell's 4Q Profit Tops Expectations

Royal Dutch Shell, Europe's largest oil and natural gas company, posted fourth quarter earnings that despite less than favorable market conditions, exceeded analyst expectations thanks to increased natural gas sales.
Obama Washington Auto Show

Obama's Auto Bailout Success Story Will Prove Crucial in Election Fight vs. Romney

Picture President Barack Obama's reelection campaign as a showroom. Over there, at one stand, is an overall improving economy -- he hopes. And somewhere in the showroom, either as a part of the economy stand or standing on its own, will be the health and restoration of the United States automotive industry. If the past week and a half is any indication, Obama plans to use it as a critical point in his reelection campaign as the industry continues a dramatic recovery from dire straits just mor...

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