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Investors warm to Facebook after IPO flop

After a dire stock market debut, Facebook has clawed back a large chunk of its losses as investors look past the flubbed initial public offering and gradually warm to the leading social network.

dateJul 01, 2012 in Business
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Facebook IPO to bring cash and change

Facebook makes its hotly anticipated stock market debut this week in a history-making move promising wealth for insiders and change for users of the online social network.

dateMay 15, 2012 in Business
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Sales of handset arm lifts Sweden's Ericsson in QI

(AP) -- LM Ericsson, the world-leading wireless equipment maker in terms of market share, saw its first quarter profits more than double, largely on the back of proceeds made from the sale of its stake in handset maker Sony ...

dateApr 25, 2012 in Business
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