Social networking service Facebook's IPO already oversubscribed
Co is expected to commence trading on May 18
Sectors - Nasdaq
News Corp Q3 net profit up 47% to $937 mln
Mass Media Company's publishing unit accounted for operating earnings of $130 million
BMW marks new sales record for April, volumes up by 6.1%
Sales of BMW brand vehicles rose 7.4%, Mini brand volumes edged 0.2% lower
Toyota launches all-electric sports utility vehicle
All-electric SUV is a version of its popular RAV4 with a top range of 100 miles
Ebay, Walmart to create search engines to compete against Amazon
New search technology focuses on groups of related terms and phrases people use when describing products
Infosys , Ratnakar Bank ink pact for universal banking platform
Ratnakar Bank aims to increase the number of branches to 125 in the next three months
Facebook sets share price for its upcoming IPO
Social networking Facebook IPO values the company between $85 billion and $95 billion
Novartis to buy Fougera Pharma for $1.5 bln
Sandoz generated $9.47 billion in 2011 revenue, about 16% of sales for Novartis
Nokia in advanced talks to sell UK arm to Permira
Co to raise about 200 million euros from the potential sale
Apple Q2 net profit at $11.6 bln
Company reported record sales of iPhones and iPad tablet computers
Nestle to buy Pfizer's infant nutrition business for $11.85 bln
Acquisition is likely to close in mid 2013 and will help Nestle extend its lead in the infant milk formula market
RIM hires law firm to workout restructuring plan
Co is discussing ways to hike revenue from its new BlackBerry 10 operating system and opening up proprietary network
Nokia Corp March qtr net loss at $1.21 mln
Net sales of the handset maker fell 29% from year-earlier to 7.35 billion euros
HSBC Holdings to amalgamate Oman unit with OIB
London-based bank plans to inject up to $97.4 mln into its current Oman ops
Goldman Sachs Q1 net profit down 23%
Net income plunges to $2.11 bln
Volkswagen's Audi unit to buy Ducati for $1.12 bln
Ducati to increase the VW group's brand portfolio to 12
Apple to unveil new iPad in Indian stores Apr 27
Third generation of best-selling device is priced between Rs 30,500 and Rs 50,900 in the Indian market
Carlyle Group aims to raise $762.5 mln in IPO
JP Morgan Chase & Co, Citigroup Inc, and Credit Suisse Group AG to lead the IPO
Temasek to acquire Goldman Sach's shares in ICBC
State-owned fund to acquire up $2.3 billion (£1.5bn) worth of ICBC shares
ABN Amro To Sell Commercial Insurance Business To US Co
Dutch bank to transfer insurance arms for small, medium sized businesses to ABN Amro Verzekering
Novelis to build automotive sheet manufacturing unit in China
Automotive sheet manufacturing unit in China to have a capacity of 120,000 metric tons per year
Facebook to pay $1 bln to buy Instagram
Social networking service Facebook is expected to raise $5 billion through the largest Silicon Valley IPO by May
Apple to become first $1 bln co
Technology giant may move into the television market after launching its set-top box Apple TV
Yahoo to lay off 2,000 employees
CEO Scott Thompson says company is intensifying its efforts on core businesses, redeploying urgent priorities
Mitsubishi UFJ plans to buy US regional bank
Japan-based lender aims to expand its commercial banking operations
RIM reports Q4 net loss at $125 mln
Jim Balsillie, the co-founder and co-chief of the BlackBerry maker will step down from the board of company
RIM reports Q4 net loss at $125 mln
Jim Balsillie, the co-founder and co-chief of the BlackBerry maker will step down from the board of company
Mercedes-Benz to establish luxury car unit in Hungary
Facility is likely to be the last major auto facility to be built in Europe
RIM cuts handsets prices by up to 26%
Co aims to enhance its presence and leverage the demand for its products
BMW recalls 1.3 mln cars globally
Luxury automaker is recalling all BMW 5 and 6 Series models built between 2003 and 2010
Hoffman plans to sell some shares in Face book before IPO
How much stake is held by Hoffman in Facebook has not been disclosed in the company's prospectus
Oracle Corp Q3 net income up 18% to $2.5 bln
Software company expects to achieve earnings per share in the range of 62 - 67 cents in the fourth quarter
Franklin Templeton may raise $300 mln for pvt equity fund
Fourth private equity fund to also look for investments in Eastern, Central Europe
UPS raises offer for TNT Express by 5.6% to 5.16 bln
UPS to have 45 billion in revenue following the takeover of unprofitable TNT
Apple to pay its first dividend in 17 yrs
Shareholders to get quarterly dividend of $2.65/share from Jul 1
Brazil aims to keep key rate near record low for next 18 mths
Outlook for Brazil's interest rate may change if consumer prices rise further than the current estimates by the government
Apple Inc puts up newest iPad on sale Fri
CEO Tim Cook unveiled the new iPad at an event in San Francisco on March 7
Audi AG in talks to buy Ducati Motor
Revenues of car maker Ducati Motor rose 20% to 480 million euros
Citigroup's CEO Vikram Pandit gets $14.9 mln
U.S.-based bank says package includes $1.67 million of salary and a $5.33 million cash bonus
RIM buys Paratek Microwave
Expertise of New Hampshire-based co will be used to improve RIM's multi-band radios
HSBC to sell general insurance businesses for $914 mln
Co to also sell operations in El Salvador, Costa Rica and Honduras to focus on bigger markets in Latin America
Nissan plans to build new model at Sunderland factory
Production of the new compact car is scheduled to start from mid-2013
Goldman Sachs to buy Ariel Re's insurance ops
Majority of Ariel Re's Bermuda-based staff to continue with the combined organization
Standard Chartered 2011 pretax profit up 11%
Multinational financial services company's cost-to-income ratio rose by 56.5% from 55.9% a year ago
Fiat to invest $1.1 bln in Russia
Italian automaker to commence range of cars based on Chrysler's Jeep brand
GM in discussions to buy stake in Peugeot
Alliance with Peugeot to allow companies to pool together resources to develop vehicles
Citigroup to divest entire 9.85% stake in HDFC
U.S-based bank to sell 145.2 mln shrs representing 9.85% of the total equity of HDFC at Rs 630-703.55 a share
Ford Motor ups annual compensation for board members by 25%
U.S. automobile company to pay its board annual retainer of $250,000
Wal-Mart Stores buys stake in Yihaodian
World's largest retailer appoints industry veteran Greg Foran as head of its China operations
Renault plans to produce electric cars in China
Global automaker is looking at more luxury car sales in China as it moves to renew its fleet from 2014
