An Alibaba IPO could raise about HK$100 billion ($12.9 billion), Ernst & Young LLP said June 28. That would make it the world’s biggest first-time share offering since Facebook Inc. (NASDAQ:FB) raised $16 billion in May 2012, according to data compiled by Bloomberg. Facebook Inc (NASDAQ:FB) stock performance was -1.61% in last session and finished the day at $67.72. Traded volume was 48.23million shares in the last session and the average volume of the stock remained 63.77million shares. Facebook Inc (NASDAQ:FB) insider ownership is 0.60%.
AT&T Inc. (NYSE:T) has closed its acquisition of prepaid wireless provider Leap Wireless International Inc., which operates under the Cricket brand. AT&T Inc. (NYSE:T) rose 0.43 percent to $32.49 Friday on volume of 22.37million shares. The intra-day range of the stock was $32.26 to $32.59. AT&T Inc. (NYSE:T) has a market capitalization of $169.17billion.
BlackBerry BlackBerry Ltd (NASDAQ:BBRY) stock jumped 56% to over $9/share when the wireless communication company got a new CEO at year-end 2013. BlackBerry Ltd (NASDAQ:BBRY)’s stock on Mar 14, 2014 reported a increase of 2.87% to the closing price of $9.31. Its fifty two weeks range is $5.44 -$16.82. The total market capitalization recorded $4.90billion. The overall volume in the last trading session was 19.27million shares. In its share capital, BlackBerry Ltd (NASDAQ:BBRY) has 524.16million outstanding shares.
Nokia Corp (ADR) (NYSE:NOK) operates as a mobile communications company worldwide. It designs and develops mobile products and services; provides digital map information and related location-based content and services for mobile navigation devices, automotive navigation systems, and Internet-based mapping applications; and provides mobile- and fixed-network infrastructure, communications, and networks service platforms, as well as professional services and business solutions to operators and service providers. On Friday, shares of Nokia Corporation (ADR) (NYSE:NOK) dropped -0.26% to close the day at $7.54. Company return on investment (ROI) is -25.30% and its monthly performance is recorded as 5.45%. Nokia Corporation (ADR) (NYSE:NOK) quarterly revenue growth is -2.46%.