YOU ARE HERE: LAT HomeCollectionsShare Price

Share Price

May 18, 2012 | By Salvador Rodriguez
Mark Zuckerberg's personal fortune bounced around the $20-billion mark all day Friday as Facebook Inc. shares slid up and down before finally settling at $38.23 at close of day. When Facebook's shares were priced Thursday at $38, Zuckerberg was worth a cool $19.14 billion. That number went up a couple billion when Facebook stocks finally started trading at 11:30 a.m. Eastern. The shares began selling at $42.05, valuing Zuckerberg at about $21.18 billion. Then, for a split second, the share price shot up to $45, its high for the day, which would put Zuckerberg at $22.66 billion.
May 15, 2012 | By David Sarno
Facebook Inc. is boosting the size of its initial public stock offering by about 25%, bringing the number of shares that will go on sale to 421 million, according to a report from CNBC. The social networking giant, which is widely expected to begin selling shares Friday, had earlier planned to make 337.4 million shares available, including 157 million owned by existing shareholders. In a regulatory filing Tuesday, Facebook said the shares will be priced between $34 and $38 , a step up from the $28 to $35 range the company had initially projected.  RELATED: Road to IPO At those prices, the IPO of 421 million shares could raise as much as $15 billion, with more than half of that being earned by Facebook.
April 25, 2012 | By Chad Terhune, Los Angeles Times
Biotech giant Amgen Inc. reported a 5% increase in first-quarter profit, lifted by solid sales overall that helped offset continued weakness for its anemia treatments. The Thousand Oaks company reported profit of $1.18 billion, or $1.48 a share, for the three months ended March 31, compared with net income of $1.13 billion, or $1.20 a share, a year earlier. Revenue for the quarter grew 9% to $4.05 billion. The results topped analysts' expectations for earnings per share of $1.46, excluding one-time items, and sales of $3.94 billion.
April 13, 2012 | By Walter Hamilton and E. Scott Reckard, Los Angeles Times
The stock market hit its first rough patch of 2012, closing out its worst week of the year with a sharp decline. Professional investors struggled to determine whether the market's recent bout of weakness was nearing an end or signaling a larger slump. The indecision shaved nearly 137 points off the Dow Jones industrial average Friday, with much of the drop coming in the final hour of trading. The sell-off wiped out most of the gains registered a day earlier and fed the perception among many on Wall Street that share prices could be poised for a deeper decline.
March 9, 2012
Quest Software said Friday that it's being bought by investment firm Insight Venture Partners for $23 per share, which the company says values it at $2 billion. Shares of Quest, which helps companies manage databases and provides other corporate IT services, are up 24 percent, or $4.57, to $23.97 in afternoon trading. Insight is putting up $210 million and borrowing $1.2 billion to pay for the shares outstanding, not including CEO Vinny Smith's 34 percent stake. Smith is keeping his stake, which will be rolled over into the private company, and will remain as CEO. He owns 28.3 million shares, which are worth about $549 million, according to FactSet.
February 25, 2012 | By Tom Petruno
Here is a primer on the mechanics of dividend-focused investing, and answers to some common questions investors may have. Are stock dividend yields near historical highs? No. The average dividend yield of the Standard & Poor's 500 index stocks now is 2%. That's up from the record low of 1.1% in early 2000, but well below the average yield of about 5% in the late 1970s. Compared with short-term interest rates near zero and high-quality bond yields in low single digits, however, the yields of 2.5% to 4% on some of the most popular dividend-paying shares look relatively attractive — with the caveat that stocks always carry the risk of principal loss.
February 2, 2012 | By Joe Bel Bruno
Can't get in on the Facebook IPO? Well, here's your chance to make a little money on the year's hottest public offering without even buying a share. Paddy Power, Europe's largest betting company, just started taking bets on what the share price will be when the social-media giant goes public later this year. Punters (that's gamblers in British slang) have given 10 to 11 odds that the most likely price range will fall between $35 to $44.99 a share.  There are 7 to 2 odds the initial price will be $25 to $34.99, 9/4 odds of between $45 and $54.99, and 7 to 1 odds of between $55 and $64.99.
January 5, 2012 | By Ben Fritz, Los Angeles Times
Netflix stock surged 11% on Wednesday, its biggest gain in almost a year, as investors were impressed by new data on streaming video usage. The online movie and television subscription company said its customers streamed more than 2 billion hours of content during the final three months of 2011. Analyst Richard Greenfield of BTIG estimated that would make Netflix the 15th most-watched television network, ahead of FX, the History channel and CNN. In the 21 million homes estimated to use Netflix's streaming video — the company has not updated its subscription figures since Sept.
June 10, 2011 | By Nathaniel Popper, Los Angeles Times
So much for those stock market gains that were fattening up portfolios not so long ago. Disappointing economic news drove stocks down again Friday, sending the Dow Jones industrial average below 12,000 for the first time since March 18. Most of the profits U.S. stock investors have seen since the beginning of the year have been wiped out after six straight weeks of falling share prices. Analysts blamed the latest tumble on China's announcement that its trade surplus in May was smaller than expected, suggesting that global demand for Chinese goods has slowed.
June 3, 2011 | By Alex Pham, Los Angeles Times
Pandora Media Inc., which announced plans earlier this year to sell its stock in an initial public offering, said it and its investors were seeking to raise as much as $123 million — an amount that would value the Internet radio pioneer at about $1.4 billion. The proposal, filed Thursday with the Securities and Exchange Commission, calls for the Oakland company to sell a little more than 5 million shares, priced between $7 and $9 a share. Pandora's stakeholders, meanwhile, expect to offer 8.7 million shares.
Los Angeles Times Articles