Facebook will go public during the first half of this year and its stock will probably skyrocket on its first day. Jim believes it will perform better than most Internet IPOs, but it’s no Google.
Investors have always been willing to overlook Amazon’s razor-thin profit margins and astronomical valuation because revenue growth has been strong. Until now.
Telstra Corp Ltd (ASX: TLS, OTC: TTRAF, ADR: TLSYY), Australia’s biggest telecom, is on the verge of completing its AUD11 billion deal with the National Broadband Network.
What to do with a retirement account when leaving an employer is a question most people are likely to face. The answer will ultimately depend on your goals.
As Gannett’s latest earnings revealed, the company is still struggling with the transition to online media. This has analysts asking if the bleeding only going to get worse.
The Financial Stability Board, which is headed by Bank of Canada Governor Mark Carney, is the latest institution to note the Great White North’s prudence in the aftermath of the Great Recession.