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TAKING STOCK: Facebook will be hit hard if it misses its float expectations
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[This is Money] - By Simon Watkins According to Facebook's flotation prospectus last week, its users have registered 100 billion 'friendships' since the social network was founded in This was just one of a large number of figures contained in documents it filed in
Glencore merger deal with fellow mining and commodities giant Xstrata stirs ...
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[This is Money] - By Simon Watkins And Lisa Buckingham Investment banks face fresh calls to curb their fees on big takeovers as shareholders demand the right to claw back advisory charges if a merger turns sour. The merger of mining and commodities giants Glencore and
Barclays heeds critics and cuts bonus pool to £1.6bn at investment banking ...
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[This is Money] - By Simon Watkins Barclays has cut the bonus pool at its investment banking division to about £1.6 billion, almost a third less than last year, in an attempt to dampen outrage over bankers' pay. The figures will be announced on Friday as part of the
Google News: Bearish trend looming for oil (BNO, USO, CEO)
[NASDAQ] - In any event, the ECB appears to be standing by its default negotiating position that it will not take any haircut on its Greek debt holdings, although analysts say that it may be willing not to book profits on these bonds. by Simon Watkins for
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