Facebook Expands IPO to 421.2 Million shares

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Source: Marketwatch
Facebook increases the share offering by 25% to 421.2M sharesto collect near $16B. At the offering's price of $34-$38 per share Facebook is rushing towards the largest technology IPO in the history.

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Wed, 16 May 2012 15:46:40 GMT

Nickel gained amid expected supply disruptions

Industry metals were mixed on Tuesday as Greece's uncertainty continued to dent risk-sentiment among investors.Aluminum was unchanged, balancing between output cuts of Tajikistan Aluminum and persistent Euro Zone's concerns. Copper dived to four-month low amid worries about economic slowdown in China. Adding to the negative mood of the red metal, US retail sales increased at slower pace, expanding by 0.1%

Wed, 16 May 2012 15:36:28 GMT

Palladium rose on expected deficit in 2012

Precious metals fell on Tuesday ahead of key meeting of the Fed due on Wednesday as hopes for the new round of QE in the US are weak. Furthermore, political turmoil in Greece continued to impact commodity markets.Gold was pressured by strong US Dollar that gained momentum on the Euro Zone's economic and political woes. Silver fell on weak global

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