Already expected to be the largest-ever initial public offering for an Internet company, Facebook is making its IPO even bigger. The world’s largest online social network on Tuesday increased the planned price range for its stock to $34 to $38 per share in a filing with the Securities and Exchange […]

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) said in a Circular Tuesday that it will tomorrow May 16 2012 commence the sanctioning of defaulting Dealing Member Firms for non submission of their Quarterly Returns. The Circular obtained by www.investadvocateng.com reads thus “Please be informed that the penalties set forth […]

The FBI has opened a probe into Chase & Co’s $2 billion trading loss, several media sites are reporting citing a source. The source says the investigation is in the “preliminary stage.” The Los Angeles Times reported this from an anonymous source: “We are aware of the matter and are […]