Facebook plans to sell 70 million additional shares of stock -- nearly 60% of which will be sold by founder Mark Zuckerberg. The company, in a Securities and Exchange Commission filing Thursday, said it will sell 27 million shares.
A former Microsoft executive and his friend are facing civil and criminal insider trading charges after allegedly pocketing nearly $400,000 from illegal trades.
... slideshows. * U.S. bond prices fall on doubts over low-rate outlook. * S&P 500 stalls near record high, Dow extends rise.
Previously (ETSLTOTL) owned U.S. home sales declined for the third consecutive month in November to the lowest level of the year as rising mortgage rates and a limited supply of properties discouraged buyers.
Dec 19 (Reuters) - Nike Inc's quarterly profit rose as higher margin products made up a bigger share of its sales, and the sportswear maker said global orders for merchandise for delivery by April increased 13 percent.