China Financial Daily

January 27, 2012

Facebook will put forward IPO application on February 1

Filed under: Financial News — Tags: — Nancy @ 11:22 pm -0800

Facebook will put forward IPO application on February 1
January 27, citing an anonymous source as saying , Facebook will be made the long- anticipated IPO (initial public offering ) applications on Wednesday, February 1. The IPO is expected to be sold to banks , so that Facebook received nearly $10 billion worth of funds and to reach Facebook’s $100 billion .

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Republican representative said the U.S. Postal Service need to lay off 260,000 people

Filed under: Financial News — Tags: — Nancy @ 5:29 am -0800

Republican representative said the U.S. Postal Service need to lay off 260,000 people
U.S. House Oversight and Government Reform Committee member , Republican Congressman Darrell – Isa (Darrell Issa) , said in a serious plight of the United States Postal Service (US Postal Service), it must lay off 260,000 people and terminate weekend delivery service , etc. to improve their financial situation.

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Monster layoffs: U.S. recruitment site Monster in the fourth quarter net revenues down 2% and will lay off 400 people

Filed under: Financial News — Tags: — Nancy @ 5:22 am -0800

Monster layoffs: U.S. recruitment site Monster in the fourth quarter net revenues down 2% and will lay off 400 people
According to foreign media reports, ChinaHR major shareholders , the largest U.S. recruitment website Monster Thursday released its 2011 fourth quarter earnings . Showed a profit , Monster fourth -quarter revenue of $ 250 million, compared with $ 255 million a year earlier fell 2%; net profit of $ 10.9 million, higher than $ 500,000 a year earlier . Monster also announced that it will lay off 400 people in the world , accounting for 7% of the total number of employees .

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