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Stocks in Apple's Asian component suppliers were mixed Thursday after the launch of the iPhone 5, with analysts citing uncertainty over its impact in the hugely competitive smartphone market.
Facebook founder Mark Zuckerberg said Tuesday the social network giant is focused on mobile devices and should be seen as a smart bet despite a "disappointing" stock market debut.
The plan is to involve at least 1% of Kazakhstan's population (160 thousand people) in the People's IPO program in 2012-2015.
Apple shares soared to a new all-time high Monday after the US tech giant's big win in a patent lawsuit against South Korea's Samsung, which saw its own stock tumble.
Shares in Samsung Electronics opened 6.75 percent lower Monday after a US court fined the South Korean firm $1.05 billion for breaching Apple's patents.
If you bought Facebook shares in the May IPO and held onto them, by Monday morning you would have lost more than half your investment -- and not see any encouraging signs of making your money back.
US billionaire George Soros has bought a stake in Manchester United, the British football club that made its Wall Street debut earlier this month, according to a filing with US regulators on Monday.
Apple on Monday dethroned longtime rival Microsoft as the most valuable company in history based on the value of its stock, which climbed to around $622 billion.
Shares in legendary football club Manchester United closed below their IPO price for the first time Thursday, as apparent price support efforts gave out after five days of trade.
Britain's world-renowned football club Manchester United slashed the price of its US share launch, cutting the amount it was raising in Friday's IPO to $233 million from a hoped-for $300 million or more.
Facebook shares on Thursday sank to a new low after the world's leading social network reported a loss of $157 million in its first earnings after its public offering.
Facebook reports its first earnings as a public company Thursday in an announcement that will be closely watched for signs of whether the social media giant can deliver on its financial promise.
Nasdaq on Friday raised to $62 million the amount of money it will set aside to cover trading losses due to computer glitches that disrupted the launch of Facebook shares onto the market.
Shares in global banking giant HSBC fell more than two percent in Hong Kong on Wednesday after a top executive resigned over the lender's failure to control money laundering and terrorist financing.
Only several tens of thousands of rich Kazakhstan citizens living in cities will be able to take part in the People's IPO: Oraz Zhandossov.
The meeting on implementation of the People’s IPO program was held in Almaty.
Deputy chairman of Samruk-Kazyna National Welfare Fund announced the tentative cost of shares during the People's IPO.
Kazakhstan's Meridian Capital bought 50 percent of T.S.Trans Siberia that owns Russian airport holding Novaport.
Earlier public servants were prohibited from buying securities. But the ban has been lifted recently to stimulate the dormant securities market.
To facilitate the IPO Program, some laws should be amended, notably on subsurface use, railways transport, on power industry, on state-run property, on Samruk-Kazyna Sovereign Wealth Fund and some others: Economy Minister.
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