Facebook Gets Ready For Its IPO Filing Facebook could file papers for an IPO as early as next week and is looking at a valuation of $75 billion to $100 billion. The social network is close to picking Morgan Stanley as the lead underwriter.
Sat, 28 Jan 2012 04:41:40 EST Delta Weighs a US Air Deal Delta Air Lines is studying US Airways as a possible acquisition target as U.S. carriers prepare for a new round of consolidation.
Sat, 28 Jan 2012 04:37:08 EST EU Opens Probe of Air Venture European regulators opened a new probe into a trans-Atlantic joint venture involving Air France-KLM, Delta Air Lines and Alitalia, members of the SkyTeam carrier alliance.
Sat, 28 Jan 2012 04:33:51 EST Ford Motor Profit Lifted by U.S. Sales, Tax Gain Ford reported a record fourth-quarter profit on a one-time tax allowance, though slower sales in Europe, growing pains in Asia and heightened competition at home signaled greater turbulence ahead.
Sat, 28 Jan 2012 03:49:46 EST News Corp. in Talks to Hire Bloomberg Executive News Corp. is in serious talks to hire former Bloomberg chief executive Lex Fenwick to be the new chief of Wall Street Journal publisher Dow Jones.
