(Reuters) - As Facebook officials traveled the country to talk up the company's $16 billion initial public offering this month, the social networking giant advised analysts for underwriters to reduce revenue and earnings forecasts, said people with direct knowledge. Facebook decided to tell analysts to cut estimates due to feedback during the investor roadshow which revealed users were opting for
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Facebook advised analysts to cut forecasts before float
Posted by murat 3 days ago (http://news.yahoo.com)
Insight: Morgan Stanley cut Facebook estimates just before IPO
Posted by murat 4 days ago (http://news.yahoo.com)
(Reuters) - In the run-up to Facebook's $16 billion IPO, Morgan Stanley, the lead underwriter on the deal, unexpectedly delivered some negative news to major clients: The bank's consumer Internet analyst, Scott Devitt, was reducing his revenue forecasts for the company. The sudden caution very close to the huge initial public offering, and while an investor roadshow was underway, was a big shock
Clinton hopes India will do "even more" to cut Iran oil imports
Posted by cagan 19 days ago (http://news.yahoo.com)
KOLKATA, India (Reuters) - Secretary of State Hillary Clinton said on Monday she hoped India will do "even more" to cut its purchases of oil from sanctions-hit Iran as there was adequate supply available from other countries such as Saudi Arabia. Speaking in the city of Kolkata on a visit to India, Clinton said there would be a decision in about two months as to whether India would be given a wai
Pope Benedict XVI to cut back on foreign trips
Posted by cagan 47 days ago (http://www.telegraph.co.uk)
The Pope finds overseas travel increasingly exhausting and will cut back on his foreign trips, his brother has said.
Syrian Peace March Cut Short by Authorities
Posted by yuksel 68 days ago (http://www.nytimes.com)
Eleven members of one of Syria’s most moderate opposition groups were detained during a demonstration in central Damascus, signaling an expanded crackdown.
Marines to cut four battalions, 12 air squadrons
Posted by cagan 72 days ago (http://www.reuters.com)
WASHINGTON (Reuters) - The Marine Corps said on Wednesday it would cut four infantry battalions and 12 flying squadrons over the next five years as it shrinks by 20,000 personnel to meet budget constraints and peacetime needs after more than a decade of war.
F1 teams told to cut back
Posted by kagan 72 days ago (http://edition.cnn.com)
Formula One supremo Bernie Ecclestone has told the elite motorsport's teams to cut their spending and get back to basics ahead of the new season's opening race in Australia this weekend.
Obama urges corporate tax cut, closing loopholes
Posted by cagan 93 days ago (http://www.reuters.com)
WASHINGTON (Reuters) - President Barack Obama made an opening offer in what could be a long negotiation with corporate America on Wednesday, putting forward his first detailed plan to cut the corporate tax rate.
Payroll tax cut heads for congressional approval
Posted by cagan 99 days ago (http://www.reuters.com)
WASHINGTON (Reuters) - A deal to renew a payroll tax cut for 160 million U.S. workers through 2012 headed on Thursday toward congressional approval as Democratic and Republican leaders rallied support for the bipartisan agreement.
Survey of Banks Shows a Sharp Cut in Lending in Europe
Posted by kagan 114 days ago (http://www.nytimes.com)
The figures raise concern that Europe is on the verge of a credit crunch that would cause a deeper recession than had been expected.
NZ police cut way into mansion to make Internet fraud arrest
Posted by murat 126 days ago (http://news.yahoo.com)
WELLINGTON (Reuters) - New Zealand police broke through electronic locks and cut their way into a mansion safe room to arrest the alleged kingpin of an international Internet copyright theft case and seize millions of dollars worth of luxury cars, artwork and other goods. German national Kim Dotcom, also known as Kim Schmitz, was one of four men arrested on Friday, a day before his 38th birthday,
Monuments vanish, power cut as metal thieves stalk UK
Posted by melisa 146 days ago (http://www.reuters.com)
LONDON (Reuters) - For years a bronze statue of Alfred Salter sat on a bench looking out on a quiet bend of the River Thames, a memorial to a doctor who dedicated his life to a London district once...
I remember last year when Jennifer Aniston’s extensions were looking obvious. It surprised me, because up to that point I’d assumed that Aniston’s trademark hair was all natural. (And I’ll be honest, I coveted her hair.) After a while, though it was just looking too full and fake. It wasn’t Lindsay Lohan levels of fake [...]
Payroll Tax Cut Rejected by House Republicans
Posted by cagan 159 days ago (http://www.nytimes.com)
The House Republican leader’s rejection of a short-term, bipartisan Senate measure to extend a payroll tax break set the stage for a bitter year-end Congressional collision.
Senate passes payroll tax cut, spending bill
Posted by cagan 160 days ago (http://www.reuters.com)
WASHINGTON (Reuters) - The Senate on Saturday approved a $1 trillion bill to fund the government and a two-month extension of the payroll tax cut, putting a cap on a contentious political year but setting up a fresh battle for 2012.
Extension of Payroll Tax Cut Passes Senate
Posted by cagan 160 days ago (http://www.nytimes.com)
A two-month extension to the payroll-tax holiday — should it get through the House — adds to a series of 11th-hour Congressional deals that simply pushed the issues involved forward.
S&P may cut France rating outlook to negative: report
Posted by cagan 179 days ago (http://www.reuters.com)
(Reuters) - Credit rating agency Standard & Poor's could change the outlook for France's triple-A rating to negative within the next 10 days, a French newspaper reported on Monday, citing several sources. Such a move would signal a possible downgrade.
Israel threatens to cut water and power to Gaza
Posted by cagan 180 days ago (http://www.telegraph.co.uk)
Israel has warned it might cut all support to the Gaza Strip, including vital water and power supplies, if the Palestinian Authority pursues its path towards reunification with militant group Hamas.
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