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- Banks Face Off For Facebook IPO
- Beaver Borough Bans Non-Residents From Sledding
- SOPA opponents may go nuclear and other 2012 predictions
- The 10 biggest vaccine news stories of 2011
- Banks Face Off For Facebook IPO
- Santorum leads with Tea Party base
- South Carolina Tea Party Convention to coincide with debate
- Tea Party-backed freshmen face scrutiny
| Banks Face Off For Facebook IPO Posted: 30 Dec 2011 05:42 PM PST By LIZ RAPPAPORT and RANDALL SMITH, WSJ.com This year has been lackluster for Wall Street bankers. But next year, there’s Facebook Inc. Up for grabs is the lead investment-banking role in the social-networking site’s initial public offering, and long-time rivals Goldman Sachs Group Inc. and Morgan Stanley are considered front-runners, bankers and venture capitalists say. The Menlo Park, Calif., company plans to file its offering documents in early 2012, a person familiar with the matter has said, meaning that a decision on bankers could be soon. Some bankers have been waiting by the phone over the holidays for the call that they will be participating in the company’s IPO in some way, another person said. As they gear up for the offering, Facebook executives have held a new round of meetings since Thanksgiving with Wall Street firms, according to people familiar with the situation. The deal will be one of the most hotly contested offerings of the decade, with hundreds of millions of dollars in potential fees and bragging rights on the line. Facebook’s stock sale could be as big as $10 billion, valuing the company at $100 billion or more. Fees for IPOs of that size have averaged 2.2%, according to Dealogic, which tracks new issues. That would mean a possible total payoff of as much as $220 million, though the company could negotiate lower fees because the Facebook deal is such a trophy. To read more, visit: http://online.wsj.com/article/SB10001424052970203686204577116823321665502.html?mod=WSJ_hp_LEFTWhatsNewsCollection |
| Beaver Borough Bans Non-Residents From Sledding Posted: 30 Dec 2011 05:39 PM PST From: CBSPittsburgh.com It won't be long before the rain of today gives way to the snow of tomorrow and that means sledding. But in Beaver Borough, residents just got a newsletter, alerting them to restrictions on sledding in two popular parks. "Some are completely prohibited and some are restricted," Whitney Brady, borough manager, told KDKA's Jon Delano. "There are safety measures attached to these restrictions to insure the safety of the community." Brady says after an accident in Wayne Square Park, borough council decided to ban sled riding in that park. To read more, visit: http://pittsburgh.cbslocal.com/2011/12/27/beaver-borough-bans-non-residents-from-sledding/ |
| SOPA opponents may go nuclear and other 2012 predictions Posted: 30 Dec 2011 05:36 PM PST By Declan McCullagh, CNET News It was Google co-founder Sergey Brin who warned that the Stop Online Piracy Act and the Protect IP Act “would put us on a par with the most oppressive nations in the world.” Craigslist founder Craig Newmark, Twitter co-founders Jack Dorsey and Biz Stone, and LinkedIn co-founder Reid Hoffman argue that the bills give the Feds unacceptable “power to censor the Web.” But these companies have yet to roll out the heavy artillery. When the home pages of Google.com, Amazon.com, Facebook.com, and their Internet allies simultaneously turn black with anti-censorship warnings that ask users to contact politicians about a vote in the U.S. Congress the next day on SOPA, you’ll know they’re finally serious. True, it would be the political equivalent of a nuclear option–possibly drawing retributions from the the influential politicos backing SOPA and Protect IP–but one that could nevertheless be launched in 2012. “There have been some serious discussions about that,” says Markham Erickson, who heads the NetCoalition trade association that counts Google, Amazon.com, eBay, and Yahoo as members. “It has never happened before.” (See CNET’s SOPA FAQ.) Web firms may be outspent tenfold on lobbyists, but they enjoy one tremendous advantage over the SOPA-backing Hollywood studios and record labels: direct relationships with users. To read more, visit: http://news.cnet.com/8301-31921_3-57349540-281/sopa-opponents-may-go-nuclear-and-other-2012-predictions/?tag=mncol;topStories |
| The 10 biggest vaccine news stories of 2011 Posted: 30 Dec 2011 05:32 PM PST By: Mike Adams, NaturalNews.com A lot happened in the vaccine industry in 2011 — a year of accelerating change and increased awareness among the people. One of the big realizations that hit home in 2011 is that vaccines are far more dangerous than most people previously thought, and even conventional scientists are starting to question the over-vaccination of infants and children. Here are the 10 biggest vaccine news stories of 2011, reported on NaturalNews.com: #1 – Japanese children die from vaccines Yet more evidence emerges of the deadly side effects of vaccines: http://www.naturalnews.com/031616_v… #2 – U.S. government recruits churches to push flu shots on congregation members Take that flu shot, or you’ll go to Hell! That’s the new message the U.S. government is trying to pound into the heads of church pastors and priests: http://www.naturalnews.com/034394_c… #3 – Top CDC vaccine scientist indicted for fraud You probably never read this story elsewhere, but one of the CDC’s top researchers was indicted for allegedly stealing vaccine research money and using it to buy fancy vehicles and a luxury home: http://www.naturalnews.com/032216_T… #4 – IOM admits MMR vaccines cause seizures and measles In a groundbreaking report, the Institute of Medicine openly admitted that vaccines actually cause the very measles they claim to prevent. The mainstream media, of course, misreported this research and utterly failed to cover the real story. http://www.naturalnews.com/033447_I… To read more, visit: http://www.naturalnews.com/034525_vaccines_news_stories.html |
| Banks Face Off For Facebook IPO Posted: 30 Dec 2011 12:46 PM PST By LIZ RAPPAPORT and RANDALL SMITH, The Wall Street Journal As they gear up for the offering, Facebook executives have held a new round of meetings since Thanksgiving with Wall Street firms, according to people familiar with the situation. The deal will be one of the most hotly contested offerings of the decade, with hundreds of millions of dollars in potential fees and bragging rights on the line. Facebook’s stock sale could be as big as $10 billion, valuing the company at $100 billion or more. Fees for IPOs of that size have averaged 2.2%, according to Dealogic, which tracks new issues. That would mean a possible total payoff of as much as $220 million, though the company could negotiate lower fees because the Facebook deal is such a trophy. Goldman and Morgan face stiff competition from rival investment banks vying for the prize of becoming the lead manager. Still, both are seen as having a leg up on competitors, even though each has possible knocks against them. Goldman orchestrated a $1.5 billion private offering of Facebook shares in January, indicating a value for the company of $50 billion. Morgan Stanley is the leading bank for Internet IPOs this year, both in the U.S. and world-wide. To read more, visit: http://online.wsj.com/article/SB10001424052970203686204577116823321665502.html?mod=WSJ_hp_LEFTWhatsNewsCollection |
| Santorum leads with Tea Party base Posted: 30 Dec 2011 12:43 PM PST
Voters who identified themselves as Tea Party Republicans in an NBC poll are extremely divided. Mr. Santorum leads among the Tea Party base with 20 percent, and Mr. Paul and Mr. Romney are tied among Tea Party Republicans with 17 percent, while Mr. Gingrich finished with 16 percent and Mr. Perry drew 15 percent of the Tea Party vote. Surprisingly, Ms. Bachmann, who seemed to have drawn the majority of her support from the Tea Party in recent months, finished last among Tea Party voters with just 10 percent. Another result shown from this poll is that Mr. Paul has not suffered in Iowa from the negativity surrounding his campaign regarding the series of racist newsletters that ran under his name in the 1980s and 90s. The Texas congressman placed in first or second place in all of the polls of Iowa voters released this week. Earlier this week, prior to his surge in the polls, Mr. Santorum summed up the Iowa caucuses into "three primaries." "There's really three primaries going on here," Mr. Santorum posited to reporters in Adel, Iowa Tuesday, according to The Associated Press. To read more, visit: http://www.thestatecolumn.com/articles/poll-mitt-romney-edges-ron-paul-newt-gingrich-slides-to-fifth-place/ |
| South Carolina Tea Party Convention to coincide with debate Posted: 30 Dec 2011 12:34 PM PST
When the GOP candidates for president debate in Myrtle Beach on January 16th, many of them will be attending another event as well. The South Carolina Tea Party Convention will take place at the Springmaid Resort on January 15th and 16th. Candidates Newt Gingrich, Rick Santorum and Michele Bachmann have agreed to speak, as well as South Carolina Governor Nikki Haley and Senator Jim Demint among many others. Convention organizer Joe Dugan who heads the Myrtle Beach Tea Party says it’s a great opportunity to get various Tea Parties around the state together to share ideas. Dugan says, “the Tea Parties were so successful in 2010 electing the great people we sent to Congress, that we’re preparing now and we want to work even closer together, sharing resources for the 2012 election.” To read more, visit: http://www.carolinalive.com/news/story.aspx?id=702187#.Tv4fMTVSS8B |
| Tea Party-backed freshmen face scrutiny Posted: 30 Dec 2011 07:50 AM PST By Alan Gomez, USA TODAY Donna McClure is in a tough position. The Tea Party leader in Corpus Christi, Texas, really likes Rep. Blake Farenthold, a surprise winner in 2010 when he unseated a 28-year incumbent as part of a wave of freshmen that helped reclaim the House of Representatives for the GOP. But then he voted to increase the nation’s debt ceiling, which members of the Tea Party fought hard to oppose. He voted for multiple short-term spending plans that the Tea Party felt didn’t cut enough federal spending. And just this month, he supported the National Defense Authorization Act, which McClure said she feels infringes too much on Americans’ civil liberties. “He’s a really good guy. I think he’s worked really hard. I know it’s tough being a freshman up there and he’s a vast improvement on what we had before,” said McClure, 47, a registered nurse. “But we’re a little disappointed, obviously. If they came up with somebody who would do a more conservative job and stay closer to the Constitution, I’d vote for somebody else.” McClure echoes the conflicted sentiment of many local Tea Party groups as the freshman class they helped get elected finishes its first full year in Washington. As soon as last year’s elections were over, Tea Party groups immediately warned the first-time Republicans that they would face challenges in the 2012 GOP primaries if they didn’t stick to the defining principles of the movement: fiscal responsibility, limited government and a strict adherence to the Constitution. To read more, visit: http://www.usatoday.com/news/politics/story/2011-12-28/tea-party-rethinks-freshmen-congress/52257468/1 |
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