| This is Bill Roller of BR Capital with the KUIK Closing Market Report for Thursday, May, 3 | |||||||
| Markets were down today. | |||||||
| Direction | Change | Units | |||||
| Dow | Down | (62) | points | 13,207 | 2:20 PM | ||
| S&P500 | Down | -0.77% | percent | 1,392 | |||
| Nasdaq Composite | Down | -1.16% | percent | 3,024 | |||
| 30 Year Treasury | Down | (0.2) | basis points | 3.11 | |||
| The numbers on in on Facebook. Facebookplans to sell 180 million shares between $28 and $35 per share in an initial public offering expected later this month. The social-networking giant filed an updated registration statement Securities and Exchange Commission, spelling out the number of shares it plans to sell and their expected price range. Selling stockholders plan to sell another 157.4 million shares as part of the deal. Facebook will raise $6.3 billion, and the value of the company is pegged at just under $75 billion. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/facebook-sets-terms-price-range-for-ipo-2012-05-03?dist=afterbell | |||||||
| For today’s Closing Market Report click to listen-> | https://beaconrwa.com/audio/Closing-Market-Report.mp3 | ||||||