Facebook Inc will increase the size of its initial public offering by 25 percent, a source familiar with the matter said, and could raise as much as $16 billion as strong investor demand for a share of the No.1 social network trumps debate about the company’s long-term potential to make money.Facebook raised the target price range to $34-$38 per share in response to strong demand, from $28-$35, according to a Tuesday filing. That would value the company at $93-$104 billion, rivaling the market value of Internet powerhouses such as Amazon.com Inc, and exceeding that of Hewlett-Packard Co and Dell Inc combined.The increased price range made it very unlikely that Facebook shares would double on their trading debut as they might have if the company had come out at the low end of its initial price range, Wolff said. He expects a first-day gain of about 10 percent.Facebook’s IPO comes as some investors worry the company has not yet figured out a way to make money from a growing number of users who access the social network on mobile devices such as smartphones. Meanwhile, revenue growth from Facebook’s online advertising business, which accounts for the bulk of its revenue, has slowed in recent months.

With some 900 million users, it had $1 billion in net income on revenue of $3.7 billion in 2011.

Getting rich is not an over night process,When you have cultivated the habit of saving, learn to invest, and let the law at compound interest work for you over a long period of time. It is also important that you consistently increase your earning ability. If you set goals and you really desire it, God will give you the ability to develop better skills. Your earning power should not remain the same year in year out.You should increase over the years because the path of the just is like a shining light that shines more and more until the perfect day. Your income should increase every year, so also your investment.

It found that 37 percent of all U.S.-based manufacturing executives either plan to or are actively considering moving production from China. That rises to 48 percent among companies with more than $10 billion in revenues, the poll found.Majorities of those polled said they expected wage costs in China to continue to rise, and said sourcing there is more costly than it appears on paper because of factors such as proximity to customers and the ease of doing business.Makers of rubber and plastic products are especially likely to consider re-shoring. Companies that make computer equipment, metal products and transportation goods are less likely to do so.

REDEFINING LOW-COST

Large companies have more plants whose production can be moved and better access to financing, Sirkin said. Among recent examples of what he called an accelerating trend, Sirkin cited Ford Motor, NCR, MasterLock, SleekAudio, Chesapeake Bay Candle, and Farouk Systems.The United States is becoming a low-cost developed-world country, according to BCG, with wages typically below those in Western Europe or Japan. More European and Japanese companies are likely to export from U.S. plants.Some companies, including General Electric Co and Boeing Co, have said they went too far in moving operations out of the United States and that wage differences are narrowing. GE has moved much of its appliance manufacturing from Mexico and China to Kentucky.Caterpillar Inc has shifted some production from Japan, picking a site in Georgia to build small tractors and excavators. The maker of heavy machinery is building or expanding 15 U.S. facilities, but it also expanding production in China.

“I believe it is a preview of the kind of progress we are going to see over the next two days in confronting one of the most urgent challenges to global security — the security of the world’s nuclear weapons and preventing nuclear terrorism,” Obama said.

While North Korea’s nuclear programme is not officially on the agenda in Seoul, it is expected to be intensely discussed on the sidelines as world leaders take advantage of the opportunity of face-to-face meetings.The United States, China and Russia, along with Japan and South Korea, are involved in long-running and currently stalled negotiations with the North aimed at convincing it to give up its atomic ambitions.Iran’s nuclear ambitions are similarly not on the agenda in Seoul but the leaders of the world powers may take the opportunity of their face-to-face meetings to discuss US-led efforts to curtail Tehran’s programme.Experts have acknowledged major progress on the fissile material front since the Washington summit.They point to former Soviet republic Kazakhstan securing over 13 tonnes of highly enriched uranium (HEU) and plutonium since then, while Chile eliminated its entire HEU stockpile.The United States and Russia also signed a protocol under which each will dispose of 34 tonnes of plutonium — enough for 17,000 nuclear weapons.But experts say much more must be done to end an apocalyptic threat.

I just Pray for Peace :::::

That cost-cutting measure was taken by the city when it was facing a $110 million budget deficit. Providence currently has a deficit of about $22 million but is expected to run out of cash in June.

The city will promptly deposit the checks that are still valid, but others will have to be reissued since they were signed more than a year ago. Sounds funny but at least financial institutions needs to be more careful on their own checks ….

The president proposed cutting the top corporate rate to 28 percent from 35 percent, addressing a long-standing gripe by U.S. corporations that the rate is too high.Though thanks to tax breaks many companies pay nowhere near the top U.S. corporate rate of 35 percent, the statutory top U.S. rate makes it the world’s second-highest after Japan’s.In return for lowering the tax rate on businesses, Obama’s plan calls for broadening the corporate tax base by ending a number of tax breaks, some spelled out earlier in his budgets.The plan tries to reverse tax incentives for corporations to relocate jobs and research overseas, while giving domestic manufacturing operations bigger tax breaks.

Obama’s plan was immediately criticized as inadequate by some business groups, while others said the plan was a step in the right direction, but short on details.I would say : We are only at the starting point of corporate tax reform…

The main reason for this newfound optimism is rising employment, which should help support the consumer spending that drives two-thirds of US economic activity.Employers added 243,000 new jobs in January, the most in nine months, and the jobless rate dropped to a three-year low of 8.3 per cent. This is a great figure to start with …

Nobel economist Paul Krugman, who has pushed for years for more aggressive policies to spur growth, let a notable ray of light into his latest New York Times column, coupled as it was with a reminder that the economy remained depressed. “It’s not hard to see how this recovery could become self-sustaining,” he wrote.

Lets Expect the best from Future

Obama said that he deserves to be re-elected for the second term given that his administration has successfully led the nation in revival of its economy.Romney, who won his third primary state over the weekend, is the front runner among the four Republican presidential candidates. The poll was conducted last week.Obama leads Romney 51 per cent to 45 per cent among registered voters.

Whatever the case may may be : The best person will Win :::

God Bless America …

Deal activity in the Americas saw a surge in 2011, contributing $ 58 billion to total M&A activity. A mix of divestment, repositioning and market growth imperatives continue to make for potentially buoyant power deal conditions. But a pick-up remains stalled as concerns about the euro zone crisis and economic growth persist.