Facebook prepares for USD 5B IPO

Note: This section contains information in English only.
Source: Bloomberg
Facebook Inc. filed to obtain USD 5 billion in the biggest internet IPO. Menlo Park is estimating the value of company to be between USD 75 billion to USD 100 billion. Yesterday, Facebook appointed Morgan Stanley as the main underwriter of the IPO. The social network company reported an 24 times increase in sales during last four years, reaching USD 3.7 billion in 2011.
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Thu, 02 Feb 2012 08:15:46 GMT

US car sales recovered in 2011

The light vehicles and truck sales soared in January, reaching the fastest growth since 2009. The annual turnover for cars accelerated to 14.2 million compared to 13.4 million predicted by industry analysts. The leading car maker was General Motors (GM), followed by Ford Motors and Toyota Motors. GM remained the leading seller in 2011 despite the fact that its market

Thu, 02 Feb 2012 07:40:35 GMT

Honda reports unexpected gains in US market

Honda Motors posted an unexpected expansion in US markets, ending 8 months of contraction in sales. The Japanese car maker reported an 8.8% annual growth on rebounded vehicle demand. Analysts previously predicted a 1.2% decline. Other Japanese auto producers including Toyota Motors and Nissan Motors also faced growth in sales in US markets.

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