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Trading at Noon: U.S. stocks down; Facebook IPO plans

Thursday, March 29, 2012 - 02:42

Mar. 29 - U.S. stocks are negative on disappointing jobless claims data, and a source says Facebook's IPO may debut in May.

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Mark Zuckerberg may soon have a lot of friend requests that's FaceBook prepares to go public. A source told Reuters that social networking giant is here at fort IPO is -- me. Another source at FaceBook recently as burglaries trading -- privately held shares to stop feeling so. To reduce changes in its valuation as this that's an IPO price. FaceBook plans a five billion dollar offering that could make it the largest IPO in silicon valley's history. A third day of losses on Wall Street that's -- investors apparently it does. Caution growing in the market after new unemployment claims data showed signs of a stalling jobs -- covered. But the US economy expanded as expected in the fourth quarter while personal income grew at a much faster pace than previously thought. Crude futures are down 203 dollars a barrel a day after big rise in inventories. And golden slipping below 1616. As a dollar standings. Benchmark yields on US bonds are hovering at two week lows. Reuters poll on the global investors cut government debt holdings from portfolios in March to a six month low. Well those filing jobless claims may find it easier to get that new job. 42% of CEOs and business roundtable survey said they'll hire more workers over the next six months that's up sixteen percentage points from December. Underlying all this CEOs are feeling more upbeat over the economy is improving US demand offsets concerns over Europe -- Round tables CEO economic outlook index its largest rise of the third quarter of 2000. Now we're stocks to watch it sure is a Red Hat -- soared to their highest level in five years. After the business software maker beat profit estimates. Shares of -- norte are up eleven point 4% in its first day of trading -- north controlled by. In the wake of a three day Supreme Court hearing on Obama share a Reuters it's those polls shows that 44% of respondents. -- the law and 21% oppose it because it doesn't go far enough. Another 35% say they oppose the law or any changes to health care. Keeping that let's look at healthcare stocks we're looking at a rally in large insurers here Green arrows all the way. Here's a hospital stocks next ten ECU though aren't negative today. Also check out iShares Dow Jones US health care provider index funds which houses UnitedHealth Humana. He seems to have benefited from the new plan it's up 26%. Over the past two years. And that's all we're trading at news I'm Fred Katayama this is what.

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Trading at Noon: U.S. stocks down; Facebook IPO plans

Thursday, March 29, 2012 - 02:42