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Facebook sets $28 to $35 price range for IPO

Facebook has set a price range of $28 to $35 for its initial public offering of stock. At the high end, this could raise as much as $11.8 billion. If the underwriters sell the extra stock reserved for overallotments, the IPO will value Facebook at $79.3 billion at the high […]

Home prices to hit bottom in 19 markets this year

Home prices in a majority of the markets covered in Zillow’s Home Value Forecast are set to bottom this year — if they haven’t already, according to a new Zillow report. “From an economic perspective, the latter part of the first quarter is full of positive news as the spring […]

Is Warren Buffett Still The World’s Greatest Investor?

By Morgan Korn Legions of Berkshire Hathaway investors, Warren Buffett acolytes and news organizations (including Yahoo!) will converge in Ohama, Nebraska this weekend for the company’s annual shareholder meeting. “Woodstock for Capitalists,” as the widely-attended event has come to be known, offers attendees the opportunity to get a glimpse of […]