Google plots IPO sale amid massive planned share offering
Google announced plans to offer about 25 million shares at up to 135 dollars each, valuing the company at as much as 36 billion. The filing with the SEC outlines an IPO potentially as early as next month, ranking among the eight largest ever.
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San Jose
Calif
Google
McDonald’s
Sony
Securities and Exchange Commission
Barry Randall
First American Technology Fund
US Bancorp Asset Management
Minneapolis
Google files IPO plan with 9 percent stake pricing
In early 2004 Google outlined an IPO plan pricing shares at 108 to 135 each for 9 percent of stock. The offering could value the company at 29 to 36 billion dollars with 2.66 to 3.32 billion raised, though 1.66 billion comes from selling existing stock. Trading would start on Nasdaq under GOOG.
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Google
Yahoo
Gas prices drop to near 1.91 a gallon nationwide
The Energy Department reports a 2.3 cent decline in regular gasoline prices to $1.905 per gallon for the past week. West Coast averages top $2.09 while Gulf Coast remains around $1.81. Midwest prices near $1.85. Oil on the NYMEX closes at $41.44 amid demand, supply concerns, and terrorist attack fears.
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Washington
Energy Department
West Coast
Gulf Coast
Midwest
New York Mercantile Exchange
Stocks Fall on Weak Earnings and Economic Worries
In New York, investors pushed stocks lower as weak earnings outlooks and economic concerns overshadowed two big mergers. The Nasdaq and S&P 500 closed at year lows while the Dow fell 0.30 to 9,961.92. Health care and pharma rose on Mylan King bid. Santander Abbey National deal supported financials.
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New York
Standard & Poor
Mylan Laboratories Inc
King Pharmaceuticals Inc
Banco Santander
Abbey National
Wall Street
Aetna Inc
Boeing Co
Exxon Mobil Corp
Time Warner Inc
Verizon Communications Inc
Dow
Ford
Federal Reserve
New York Stock Exchange
General Motors Acceptance Corp
GMAC
Auto Giants Keep Costly Incentives To Spur Demand
GM and Ford plan to extend financing promotions into the coming months as borrowing costs rise. Ford Credit and GMAC boosted profits from lending, not carmaking, shaping investor focus on how higher rates will impact auto earnings. Analysts expect continued incentives, including low or no interest offers, despite thinner margins on vehicles.
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Detroit
General Motors Corp
Ford Motor Co
Ford
Wall Street
Goldman Sachs
Gary Lapidus
Ford Motor Credit Co
GMAC
Ford Credit
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U.S
At&t Wireless Group
Kraft Foods Inc
Sheen Esha Deese
UPS
Ateneedunuesaenedereatenesvenset
DSM
Senseusndesmunications Inc
Goldman Sachs Group Inc
S&p
Betty
Beebbin
Grandview
Santa Fe Square
Odessa Con
Odessa
Lisa Harbert
Wayne Pace
Pontiac
Mich
Bob Maxey
General Motors
Eelia
CIA
WIX Labs
Livingston Hearing Centers
Kurt Kiser
Livingston Audiology & Hearing Aid Centers
West Texas
Jim Bethea
Livingston
Tor
Noctor
Permian Basin
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