Finance Info Blog http://www.financeinfo.us/blog Mortgage and Financial information Fri, 18 May 2012 06:17:44 +0000 http://wordpress.org/?v=2.9.1 en hourly 1 Facebook wraps up IPO, set for big Friday pop http://www.financeinfo.us/blog/2012/05/18/facebook-wraps-up-ipo-set-for-big-friday-pop/ http://www.financeinfo.us/blog/2012/05/18/facebook-wraps-up-ipo-set-for-big-friday-pop/#comments Fri, 18 May 2012 06:17:44 +0000 admin http://www.financeinfo.us/blog/2012/05/18/facebook-wraps-up-ipo-set-for-big-friday-pop/ SAN FRANCISCO/NEW YORK - Facebook Inc is set to raise up to $18.4 billion in its IPO and become the first U.S. company to be worth more than $100 billion at its debut, as investors bet on a big pop in the stock when it begins trading on the Nasdaq on Friday. Frenzied demand, especially from individual investors hoping to buy into an Internet juggernaut that touches hundreds of millions of people every day, is expected to drive Facebook well above its initial public offering price of $3

reuters.com

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]]> http://www.financeinfo.us/blog/2012/05/18/facebook-wraps-up-ipo-set-for-big-friday-pop/feed/ 0 The Facebook effect on San Francisco real estate http://www.financeinfo.us/blog/2012/05/17/the-facebook-effect-on-san-francisco-real-estate/ http://www.financeinfo.us/blog/2012/05/17/the-facebook-effect-on-san-francisco-real-estate/#comments Thu, 17 May 2012 21:50:13 +0000 admin http://www.financeinfo.us/blog/2012/05/17/the-facebook-effect-on-san-francisco-real-estate/ The Basis Point is a popular mortgage and housing blog that tracks consumer critical issues and data. It is edited by Julian Hebron, a retail mortgage lender who runs the San Francisco branches of RPM Mortgage.

CNNMoney.com

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]]> http://www.financeinfo.us/blog/2012/05/17/the-facebook-effect-on-san-francisco-real-estate/feed/ 0 Europe’s banks on the brink http://www.financeinfo.us/blog/2012/05/17/europes-banks-on-the-brink/ http://www.financeinfo.us/blog/2012/05/17/europes-banks-on-the-brink/#comments Thu, 17 May 2012 17:54:29 +0000 admin http://www.financeinfo.us/blog/2012/05/17/europes-banks-on-the-brink/ LONDON, May 17 (IFR) - The euro zone crisis was in full swing when Jean-Claude Trichet took the podium in Berlin last October 6 for his final press conference as president of the European Central Bank. Having helped create one of the longest periods of price stability in the history of central banking, Trichet was closing out his eight-year reign under siege.

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]]> http://www.financeinfo.us/blog/2012/05/17/europes-banks-on-the-brink/feed/ 0 Analysis: Facebook can’t take Asian growth for granted http://www.financeinfo.us/blog/2012/05/17/analysis-facebook-cant-take-asian-growth-for-granted/ http://www.financeinfo.us/blog/2012/05/17/analysis-facebook-cant-take-asian-growth-for-granted/#comments Thu, 17 May 2012 16:28:03 +0000 admin http://www.financeinfo.us/blog/2012/05/17/analysis-facebook-cant-take-asian-growth-for-granted/ SINGAPORE - Even as Facebook fever grips investors ahead of the social networking giant's potential $100 billion-plus initial public offering, its breakneck growth in Asia may be slowing as it moves beyond desktop users to those who access the Internet largely or solely from a mobile phone.

reuters.com

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]]> http://www.financeinfo.us/blog/2012/05/17/analysis-facebook-cant-take-asian-growth-for-granted/feed/ 0 Enbridge plans huge Canada, US pipeline expansion http://www.financeinfo.us/blog/2012/05/17/enbridge-plans-huge-canada-us-pipeline-expansion/ http://www.financeinfo.us/blog/2012/05/17/enbridge-plans-huge-canada-us-pipeline-expansion/#comments Thu, 17 May 2012 15:45:13 +0000 admin http://www.financeinfo.us/blog/2012/05/17/enbridge-plans-huge-canada-us-pipeline-expansion/ CALGARY, Alberta - Enbridge Inc kicked off one of the most sweeping expansions in its history on Wednesday, a C$3.2 billion ($3.2 billion)series of projects across its pipeline system aimed at moving western Canadian crude to Eastern refineries and preventing bottlenecks in the U.S. Midwest.

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]]> http://www.financeinfo.us/blog/2012/05/17/enbridge-plans-huge-canada-us-pipeline-expansion/feed/ 0 GE Capital gets OK to resume dividend to parent http://www.financeinfo.us/blog/2012/05/16/ge-capital-gets-ok-to-resume-dividend-to-parent/ http://www.financeinfo.us/blog/2012/05/16/ge-capital-gets-ok-to-resume-dividend-to-parent/#comments Wed, 16 May 2012 18:57:38 +0000 admin http://www.financeinfo.us/blog/2012/05/16/ge-capital-gets-ok-to-resume-dividend-to-parent/ - General Electric Co's finance arm won regulatory approval on Wednesday to resume returning some of its profit to the parent company, a move that came earlier than some analysts had expected and could clear the way for GE to speed up stock buybacks and raise its shareholder dividend.

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]]> http://www.financeinfo.us/blog/2012/05/16/ge-capital-gets-ok-to-resume-dividend-to-parent/feed/ 0 George Lucas proposes affordable housing plan http://www.financeinfo.us/blog/2012/05/16/george-lucas-proposes-affordable-housing-plan/ http://www.financeinfo.us/blog/2012/05/16/george-lucas-proposes-affordable-housing-plan/#comments Wed, 16 May 2012 15:58:25 +0000 admin http://www.financeinfo.us/blog/2012/05/16/george-lucas-proposes-affordable-housing-plan/ The film emperor may be striking back. For 25 years, filmmaker George Lucas tried to persuade his Marin County, Calif., neighbors to let him build a digital production studio on his ranch there, but the area's residents thwarted the plan.

CNNMoney.com

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]]> http://www.financeinfo.us/blog/2012/05/16/george-lucas-proposes-affordable-housing-plan/feed/ 0 Facebook boosts IPO size by 25 percent, could top $16 billion http://www.financeinfo.us/blog/2012/05/16/facebook-boosts-ipo-size-by-25-percent-could-top-16-billion/ http://www.financeinfo.us/blog/2012/05/16/facebook-boosts-ipo-size-by-25-percent-could-top-16-billion/#comments Wed, 16 May 2012 13:55:58 +0000 admin http://www.financeinfo.us/blog/2012/05/16/facebook-boosts-ipo-size-by-25-percent-could-top-16-billion/ NEW YORK/SAN FRANCISCO - Facebook Inc will increase the size of its initial public offering by 25 percent, a source familiar with the matter said, and could raise as much as $16 billion as strong investor demand for a share of the No.1 social network trumps debate about the company's long-term potential to make money.

reuters.com

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]]> http://www.financeinfo.us/blog/2012/05/16/facebook-boosts-ipo-size-by-25-percent-could-top-16-billion/feed/ 0 Global shares sag as Greek turmoil saps risk appetite http://www.financeinfo.us/blog/2012/05/16/global-shares-sag-as-greek-turmoil-saps-risk-appetite/ http://www.financeinfo.us/blog/2012/05/16/global-shares-sag-as-greek-turmoil-saps-risk-appetite/#comments Wed, 16 May 2012 11:44:15 +0000 admin http://www.financeinfo.us/blog/2012/05/16/global-shares-sag-as-greek-turmoil-saps-risk-appetite/ TOKYO - Asian shares fell more than 3 percent, the biggest one-day drop in six months, and the dollar rose broadly on Wednesday after efforts to form a new government in Greece collapsed, fuelling fears that a second election in June could precipitate Athens' exit from the euro zone and deepen the bloc's debt crisis.

reuters.com

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]]> http://www.financeinfo.us/blog/2012/05/16/global-shares-sag-as-greek-turmoil-saps-risk-appetite/feed/ 0 Key to Universal-EMI decision: Has music business lost control? http://www.financeinfo.us/blog/2012/05/16/key-to-universal-emi-decision-has-music-business-lost-control/ http://www.financeinfo.us/blog/2012/05/16/key-to-universal-emi-decision-has-music-business-lost-control/#comments Wed, 16 May 2012 10:21:36 +0000 admin http://www.financeinfo.us/blog/2012/05/16/key-to-universal-emi-decision-has-music-business-lost-control/ WASHINGTON - On the face of it, Universal Music Group's bid to buy a big chunk of EMI stands to make the world's leading music company an even more formidable force, combining Universal's star lineup of Lady Gaga and Rihanna with the British company's deep library of The Beatles, Pink Floyd and Katy Perry.

reuters.com

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