Economy

Decorative pattern

Economic Indicators

Equities more attractive than bonds

Positive dividend growth will continue over the long term, and benefit your clients.

May 17, 2012

2 min read

Decorative pattern

Economic Indicators

Moody’s downgrades European banks

Moody’s downgraded the debt of 30 Spanish banks today but has so far left the country’s three largest untouched. Higher pressure on Spanish sovereign debt and the number of weak banks in the country prompted the downgrade. The role of smaller and regional banks is declining as the sector consolidates. Moody’s has been planning the […]

May 17, 2012

2 min read

Decorative pattern

Economic Indicators

Facebook sets IPO price

Facebook has priced its IPO at $38 per share, at top of the range and valuing the group at US$104 billion. There are 421.2 million shares.

By Wire services |May 17, 2012

2 min read

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Economic Indicators

Goldman doubles Facebook share sales

Early Facebook investors, including Goldman Sachs, plan to unload more shares in the upcoming IPO—adding 84 million shares, worth up to $3.2 billion, to take advantage of increasing investor demand.

May 16, 2012

2 min read