Tag Archives: goldman sachs

Facebook sells stake for $ 1,500,000,000

Phänomen Facebook: Das Online-Netzwerk hat inzwischen mehr als 550 Millionen Mitglieder. Quelle: dpa

Phenomenon Facebook: The online network now has more than 550 million members. Source: dpa

HB NEW YORK. Facebook has collected a total of 1.5 billion dollars (1.1 billion euros). As the online network announced on Friday, Facebook shares worth one billion dollars over a fund launched by Goldman Sachs to investors outside the U.S. were sold. The U.S. investment bank was previously entered directly with 450 million dollars at Facebook. From the Russian company Digital Sky Technologies came another 50 million. Thus Facebook is now valued at approximately $ 50 billion. What the money will be invested was not stated.

The Facebook commitment from Goldman Sachs had had repercussions. The SEC turned to the private share sale because of an off-the stock market. There was concern that violates U.S. laws against the business, because Facebook’s financials so far to keep secret. Goldman Sachs got cold feet and offered the Facebook shares ultimately only customers outside the U.S.. Nonetheless, it was the rush enormous, shared with Facebook. It could have been served not all requests from investors.

Facebook wants to avoid similar trouble in future and announced its financial data at intervals of 30 April 2012 to be published. According to U.S. law to disclose even companies that are not publicly traded, its profit and revenue, if they have more than 500 shareholders. This threshold has been broken at some point this year, let Facebook know – regardless of the Goldman business. Another possibility would be that Facebook will go directly to the stock exchange.

Facebook has about seven years after its founding to a veritable gold mine developed. The social network was January to September last year, banking sources According to a net profit of 355 million dollars – at a Sales of 1.2 billion dollars. This represents a return of almost 30 percent. Experts say the company could so that before long the performance of the stock market favorite Google excel. The online network now has more than 550 million members and has thus become extremely interesting as an advertising platform.

Facebook’s secret pages

Jesse Eisenberg als Mark Zuckerberg im Film "The Social Network". Quelle: dpa

Jesse Eisenberg as Mark Zuckerberg in the movie "The Social Network". Source: dpa

DÜSSELDORF. Nicola place, "Green is a beautiful color." Ingvar is now friends with Asgeir and Magnea, and Daniel waiting for his neighbor complained about the noise of his machine. All messages from your Facebook friends from this morning. That is one side of the Facebook world. Which, because of the skeptics will probably never believe that the social Internet network, the legitimate businesses, the proponents always predict.

There is also the other side. This is Oscar Morales, a civil engineer from Colombia. 2008 he founded an action group on Facebook, to mobilize against the FARC militia that terrorized his country for decades. Within two days, joined the group in 8000 Colombians. The President registered the feed and launched a nationwide program of action against the FARC. Facebook had shown that there is more than just a talking shop.

Oscar Morales begins the book "The Facebook Effect." The American economy is characterized by journalist David Kirkpatrick, as was the idea of the student Mark Zuckerberg, a global Internet empire that prized the investment bank Goldman Sachs a few days to a value of over $ 50 billion. "A more transparent world creates a better governed world and a fairer world," he cited the Facebook founder. Kirkpatrick’s book is one of several new publications this spring dealing with the phenomenon of Internet social networks. Morning in the book trade is "Together alone" of the German journalist Carsten Görig.

Both discuss the exact balance between serious manifestos View forum and media, the Facebook, Twitter and get added look. While Kirkpatrick focuses almost exclusively on Facebook, trying Görig the round cover and is dedicated to all the phenomena that make the Internet is a sensation: Google, Facebook, Twitter, and even Apple.

The business on the Internet is changing. With Google, Facebook and Apple to crystallize out the great fixed points of the World Wide Web. In the business of digital data traffic to flow again as funds at the time of the dotcom bubble. Only last week published a study that in countries like Britain, Sweden and Denmark, already half of all residents is a member of Facebook. Germany, however, is about ten percent still developing country.

But the days of unlimited admiration for all the companies with fresh ideas in a short time conquered the Internet, is ending. Many of the new book critically examine the trends that are celebrated by the Internet community as a mixed blessing. They do, however, different: Detailed, precise in language, founded by a remarkable close – without having to make public – on the theme and the characters, as does David Kirkpatrick. Stereotypical, superficial and sometimes simplistic, as Görig approaches his subject.

The latter uses the fuss about Twitter, Facebook Google and Apple to a pessimistic warning of the social consequences of Internet culture. Görig describes how former garage as sweatshops Apple or Google were to companies with a world power. He works descriptive and provides regular summaries of their respective companies Chronicle. Is likely to be especially interesting for newcomers to the topic.

Regular media users do not surprise Goerig versions. The book suffers from the Görig to any of the actors from the Apple-Google-Facebook-Twitter-rich  came in contact. At least the reader learns nothing about it. Instead Görig provides a summary of the secondary literature.

That is what the second part, which deals with the political and social consequences of the participatory Internet, barely beyond. Görig summarizes the grievances to privacy and respect for privacy, but is largely known to conclusions. Such that the big four companies abuse their power in the Internet to make transactions with the data of their users that they cause social harm because flatten interpersonal relationships or contribute to dumbing down the corporations, by accelerating the information behavior and scattering.

All this reads more like the settlement of a seasoned analog media user with the digital world as a real debate on the issue. It is also the author, so you can see after reading, not an illusion: The trend is for hands-on Internet can not be stopped.

It also says David Kirkpatrick. He also approaches the excitement surrounding Facebook critical questions about its handling of user data and the postulated claim omnipotence for the future internet world. But he has spoken to all relevant persons. From the beginning of Facebook Dream on, he accompanied Mark Zuckerberg. For years the author has a picture of Facebook Boss won that allows the reader to understand how an outsider was from Harvard, one of the most celebrated CEOs in America. Zuckerberg appears as quite endearing, but to diffuse power claims-prone IT freak.

Just this deep insight into the life and thought of the Facebook Founder, however, allow the reader to make their own impression of the thought-world behind the internet network. Kirkpatrick leaves out no problem: no sugar’s urge to societal notions of privacy and intimacy to change, nor its problems, the idea Facebook to make a business model. Those who wonder why social Internet networks for hundreds of millions of people so fascinating and yet so threatening, does not come over on the book.

Roman: 70 Facebook Friends but all alone

Maxwell Sim is a desperate, lonely man. The company of his fellow men has lost its charm for him. He sent text messages rather than to pick up the phone, and instead to meet with friends, he is cheerful, ironic put in my status updates Facebook Account, to show everyone what I was leading an active life. "More than 70 Facebook Friends he has so accumulated, most of which are completely unknown to me "- as the crucial constraint.

Maxwell is the main character in Jonathan Coe’s new novel "The monstrous solitude of the Maxwell Sim. He can still so many friends on Facebook have – if he needs one, no one is there. His attempts to connect with real people in contact fail, in an almost tragicomic Art A Chinese woman and her daughter, who sat in a restaurant at the next table are suddenly gone, as he struggled through to appeal to them. And his seatmate on the plane died while Sims monologue of a heart attack – without any notices. To at all contacts have logged on anonymously Sim on one side of a guide on the internet in order to chat with his ex-wife. Or he talks to his navigator.

The book is entertaining and thoughtful at the same time true. Coe describes Maxwell’s problems, fortunately with mild language. The novel raises the question of why it is often much easier for a relationship with fictional characters as real people to build – and culminates in a very surprising conclusion that leaves the reader to think also about his balance between the real and the virtual. A profit.

Goldman leaves U.S. investors sidelined on Facebook

HB NEW YORK. The investment bank Goldman Sachs will sell a newspaper report that U.S. investors do not share the social network Facebook. As a reason the bank had called the intense media interest, reported the Wall Street Journal on Monday. This could lead to the private placement does not comply with U.S. law stood.

The decision to participate only investors from overseas, had been requested by any of the parties involved, not even by the U.S. Securities and Exchange Commission, the Journal reported, citing a communication from the bank. First customers were informed on Sunday.

Overall, had already received inquiries for investments worth seven billion dollars, the newspaper reported, citing people familiar with the process. Goldman was the Wall Street Journal "reported to regret the consequences of the decision. It would, however, believe that this was currently the most intelligent way.

The investment bank is investing 450 million dollars in the company valued at $ 50 billion and currently collects money from customers who want to follow suit. Should reach the number of investors 500, would have to publish Facebook account numbers as a publicly traded company. This is seen as a first step towards an IPO, the counter fever in the industry.

In the 100-page dossier investors Facebook recently been granted a first impression: So the company would obtain in the first nine months of last year a turnover of 1.2 billion dollars. Of which was left a profit of 355 million dollars. This is significantly more than Facebook in the entire year will have been earned.

Facebook is one of the fastest growing Internet companies all over with now more than 550 million members. The online network for the advertising industry is interesting. The total value of the young company is now estimated at some 50 billion dollars. This is more than the auction site eBay or the internet veteran Yahoo bring to the scales.

The best analysts for German stocks

FRANKFURT. Procrastination does not count: In a period of extreme volatility in the equity markets must choose one analyst. "Just to be bullish enough, not sufficient. Who differential between buying and selling decisions, had success," said Raj Shah, Product Specialist at Star Mine. The data provider has created a ranking of the best research houses for German stocks, held by the Handelsblatt.

Looking at all four major indices, the German broker better than the international cut. Even the much-default-Dax are this year Equinet and DZ Bank, two local research houses at the top of the leaderboards. In recent years, there were often global provider. Most often, BHF Bank has made it into the rankings.

The proximity to the company is

Star Mine expert Shah founded the culmination of two ways: First, make analysts German houses tend to be more buy-judgments as an international broker. This tendency has recently helped the Germans in spite of strong fluctuations increased rates. "The global broker with more rated" hold "so they gave opportunities," says Shah. German broker assigned to more than 49 percent a "Buy" rating, international houses to 47 percent.

The second reason for the success of the Local called Shah to strengthen their presence in the home market, the analysts in the country and assess more shares. For example, Warburg Research analyzed nearly 200 German stocks. Global Broker observe other hand, often only a few hundred shares in all of continental Europe. They lack often close to the companies, says Shah. Goldman Sachs and Citi about covers German equities from London.

The analysts Star Mine, part of Thomson Reuters, examined for the ranking of the accuracy of recommendations for stocks from the DAX, MDAX, SDAX and TecDAX in the last twelve months to end September and the accuracy of earnings estimates.

The best Dax analysts after stock recommendations

Most often the leader boards there is a Movers & Shakers: BHF Bank. The offered ex-Oppenheim, now German Bank subsidiary has scored in seven of eight categories. Shah of Star Mine praises because "local presence, industry expertise and deep knowledge" of the German market. Interestingly, the BHF-Bank has recently reduced its equity research even: "We focus on industrial stocks," says Björn Robens, chairman of the BHF-Bank. Shares of banks and insurance companies no longer covert, BHF Bank. A good ten analysts monitor 80 shares, especially medium and small sized companies, but also 13 Dax title. "So we have the capacity to deal deeply with these core markets," says Roberts.

In the equity recommendations for Dax-values, the analysts of Equinet have the edge. "Equinet has done well in both categories," says Shah. 42 percent of their recommendations were right, so that the Frankfurt show rank one. The revenue estimates, up to at least third place. More precisely estimated, DZ Bank, they are getting here the first place.

For midsize and smaller values, the dominance of local brokers is traditionally stronger. In four of the six categories occupy the first local brokerage ranks. For MDAX but gave the French CA Cheuvreux make the best recommendations, lamp bank wins the earnings estimates. In SDax, analysts and the banking house of Warburg light ahead, the TecDAX, UBS and WestLB.

Chinese industry attaches to surprisingly

HB BEIJING. China’s industry in October won surprising momentum. Two surveys of purchasing managers indicated a rising demand and higher production. Both indexes rose to its highest level in six months. Experts see this as a sign of robust growth in China. The data gave the stock markets in Asia and Europe on Monday buoyancy. The Shanghai Stock Exchange gained 2.5 percent.

The official Chinese purchasing managers’ index rose to 54.7 points from 53.8 points in September, the index climbed to 54.8 HSBC points from 52.9 points in the previous month. The plus is all the more surprising because the barometer usually in October gives way when the national economic life crippling for a week.

"The fact that the purchasing managers index rose despite this seasonal special, suggests that economic activity in October was probably very strong," said the Goldman Sachs experts Song Yu and Helen Qiao.

Both surveys indicate that China’s domestic economy is strong momentum. The domestic demand surged to the top while the increment in foreign orders was lower than the previous month. Qu Hongbin, HSBC expert expects a growth of Chinese economy to grow by nine percent in the fourth quarter.

Zhang Liqun Government expert warned against excessive optimism. "We have to keep an eye on the developments closely," he said. The growth in China had lost its momentum during the year: Did the economic performance at the beginning still risen by 11.9 percent last year, so the growth rate decreased until the summer to 9.6 percent.