Facebook IPO Q&A traces wealth and price debut
A detailed Q&A on Facebook's IPO explains why the company went public, how the 421 million shares were sold at $38 raising $16 billion, and how underwriters and insiders profited. It notes market value near $104 billion, Zuckerberg’s stake, and ranking among mega IPOs.
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Hog market report from Peoria stockyards shows modest gains
Hogs trading moderately active with barrows and gilts up about one dollar. 1-2 240-260 lb fetches 56.00 to 56.50, 2-3 270-290 lb 54.50 to 56.00. Sows steady across weights 42.00 to 48.00. Boars: over 300 lb at 20.00, under 300 lb at 30.00. Associated Press.
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Grain futures rise with mixed moves on CBOT
Grain futures mainly higher on Friday at the Chicago Board of Trade led by July wheat up 37.50 cents to 6.9525 a bushel. July corn rose 10.50 cents to 6.3550, July oats up 1.50 cents to 3.40, while July soybeans fell 33 cents to 14.05 a bushel.
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