With minutes away from conference call, Apple has announced a pair of initiatives for its “giant” stockpile of cash totalling approximately $100 billion, a stock buyback, which run over three years beginning in fiscal 2013 (starts from September this year) along with a per-share dividend of $2.65 to start sometime in fiscal Q4, which starts on July 1st. CEO Tim Cook...
Tag Archives: 100 Billion
According to multiple media sources, it is confirmed that the world’s largest social networking site, Facebook is going to file its paperwork for it’s to be called as “giant $100 billion” Initial Public Offering on coming Wednesday. Cited an unnamed source, Morgan Stanley is close to winning the IPO deal, while Goldman Sachs is expected to play a key role –...
Facebook, the world’s largest social networking website, facing a three-day suspension of trading on secondary market this week, Bloomberg reported. The company which is heading towards its giant Initial public offering of $100 billion – that is due for late may. Transactions won’t be processed by Facebook’s attorneys at Fenwick and West LLC – starting from...
Rumors all around are flying about the World’s largest social network “Facebook” going public this year with its upcoming IPO. The question here is how much the Facebook is worth about? According to Accounting Degree Online, the company’s projected valuation is of $100 billion breaks down into the people who all owe it. The IPO going to be the biggest of any tech...
