Markets are off to a bland week as a mixture of overseas drama and lower than expected data on the home front have combined to put a halt to the nice rally that 2012 had brought. Amidst all of the drama, Wall Street has been circulating rumors of a Facebook IPO and it seems likely that the company will file for this offering later today. This IPO, if its estimated valuation of $100 billion holds, will be the largest in history and will mark yet another hot tech company turning public in the last year. It will also mean that Facebook will become a key member of earnings season, which is still on the center stage [see also What Will A Facebook IPO Mean For ETFs?]. Today will see an earnings statement from telecom giant Qualcomm (QCOM). Founded in 1985, Qualcomm is a global telecommunications corporation that manufactures digital wireless [...] Click here to read the original article on ETFdb.com. Related Posts: Tuesday’s ETF To Watch: Energy Select Sector SPDR (XLE) Technology ETFs: Social Media, SSDs, Smartphones, and More In Search Of The Best Energy ETF Three ETFs To Watch This Week: EWA, IGN, UNG Three ETFs To Watch This Week: IGN, FXF, VGK
Markets are off to a bland week as a mixture of overseas drama and lower than expected data on the home front have combined to put a halt to the nice rally that 2012 had brought. Amidst all of the drama, Wall Street has been circulating rumors of a Facebook IPO and it seems likely that the company will file for this offering later today. This IPO, if its estimated valuation of $100 billion holds, will be the largest in history and will mark yet another hot tech company turning public in the last year. It will also mean that Facebook will become a key member of earnings season, which is still on the center stage [see also What Will A Facebook IPO Mean For ETFs?]. Today will see an earnings statement from telecom giant Qualcomm (QCOM). Founded in 1985, Qualcomm is a global telecommunications corporation that manufactures digital wireless [...]
Click here to read the original article on ETFdb.com.
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