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Groupon seeking $11.4 billion IPO valuation

clock November 3, 2011 13:15 by author Justin Wagner
Group buying site Groupon will seek an $11.4 billion valuation from its initial public offering scheduled for November 4. The Chicago-based startup also hopes to raise $621 million from the long-awaited offering.However, the company reported this week that its IPO will offer a mere 5 percent of total shares, which may lead to wider market volatilit... [More]

Madoff's Ponzi victims get first payout

clock October 16, 2011 13:15 by author Justin Wagner
Victims who lost all the money they invested under Bernard Madoff's Ponzi scheme will soon be getting part of the funds they lost to the now-incarcerated fraudster.CNNMoney reports that almost three years after one of the biggest scams in history was uncovered, victims will be splitting $312 million in recovered assets. While many will be pleas... [More]

IPOs and business valuation: How it works

clock September 28, 2011 07:00 by author Karen Umpierre
One of the biggest measures of business valuation is a company's initial public offering, when it makes its stock in the firm available for the public to purchase shares and raise more capital. [More]

Some wonder about Groupon's high business valuation

clock September 16, 2011 08:15 by author Karen Umpierre
The internet has changed the way that many people find out about a particular business or view current offers. [More]

Sirius shows growth after years of dismal returns

clock September 7, 2011 12:00 by author Karen Umpierre
After years of faltering despite great potential, recent business valuations of Sirius XM Radio provide a reason to be optimistic, Seeking Alpha reports.It earned $0.01 per share in 2010, and has grown to $0.03 in the second quarter of 2011. On average, revenues have increased 63.4 percent over the past five years, and the company's ability to ... [More]

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Two Florida men arrested for
Two men were arrested and charged with credit card fraud in Jacksonville, Florida on Tuesday, August 23, The Florida Times ... more