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initial public offering articles
Facebook, underwriters sued over "secret" changes to revenue forecast
- Facebook’s record-setting IPO was the talk of the town leading up to last Friday when shares were made available for purchase on the NASDAQ. To say that the process went smoothly would be the understatement of the century. The IPO…
Angry Birds creator Rovio ready to go public after strong 2011 earnings
- Rovio Entertainment is now set for a stock market listing after posting strong earnings for 2011 that saw sales jump tenfold over the previous year. Some analysts have valued the Angry Birds creator at nearly $9 billion.
Facebook finally files long-rumored $5 billion IPO
- As expected, Facebook's initial public offering hit the Securities and Exchange Commission Wednesday, raising $5 billion -- less than the $10 billion previously speculated. The long-rumored move reached relative certainty last Friday when the Wall Street Journal reported the IPO…
Zynga profits drop sharply, IPO seems even less desirable now
- Zynga has reported a 90 percent drop in second quarter net income compared to the same period a year ago. The social network game developer made roughly $14 million for the three months ending in July last year but that…
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