Facebook Said to Raise Size of IPO to 421 Million Shares

Facebook Inc. (FB) is boosting the number of shares for sale in its initial public offering to 421 million, letting it raise as much as $16 billion, two people with knowledge of the deal said.

http://finance.yahoo.com/news/facebook-said-raise-size-ipo-040630620.html

Groupon surges as 1st-quarter revenue strengthens

Groupon Inc.'s stock jumped more than 16 percent Tuesday as its first-quarter revenue and its customer base grew.
 http://finance.yahoo.com/news/groupon-surges-1st-quarter-revenue-150846347.html

Hedge fund names BMC Software board candidates

Hedge fund Elliott Management nominated five candidates for the board of BMC Software Inc. and told the business software developer that its future will be "increasingly difficult" if it chooses to remain a stand-alone company.
http://news.yahoo.com/hedge-fund-names-bmc-software-board-candidates-190502205--finance.html

Two Equity-Focused Inflation Fighters

With oil and gold prices falling recently, it might seem that inflation risk has receded. But if you're one of those hawks who believe inflation is dormant rather than defeated, you may still be looking for additional protection. As I noted a few months back, equity natural-resources funds are capable, although sometimes overlooked, inflation fighters. Perhaps more so than direct commodity exposure (via exchange-traded funds or mutual funds that invest in commodity-linked derivatives), natural-resources funds offer both commodity-related exposure as well as a shot at earning real returns above inflation.

http://finance.yahoo.com/news/two-equity-focused-inflation-fighters-110000620.html;_ylt=An2RowSro7Ehp_zCoJxOt1iiuYdG;_ylu=X3oDMTQ3ZDM1Zm1pBG1pdANGUCBJbnZlc3RpbmcgSWRlYXMEcGtnA2NlY2ZjOWNjLTg0MTAtMzRiMS04ODIyLTIzOWE1NDY5MjYwMARwb3MDMQRzZWMDTWVkaWFTZWN0aW9uTGlzdFRlbXAEdmVyA2IyNmZkNjgwLTllN2QtMTFlMS05OTczLWEwOGZmNjJkNTVjYw--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

Two Financiers Take Control of Barneys, Ending Its Debt Struggles

Barneys New York, one of New York’s bastions of high fashion, ended years of struggles with its hefty debt load by selling itself to the financiers Richard C. Perry and Ronald W. Burkle.

http://dealbook.nytimes.com/2012/05/07/hedge-fund-takes-control-of-barneys/

Hedge funds are flying high

Five months in and it’s been a pretty good year for hedge funds with the HFRI fund weighted composite index up 4.4 per cent year to date, following its strongest first quarter performance since 2006. The index fell 5.25 per cent last year.

http://ftalphaville.ft.com/blog/2012/05/08/990811/hedge-funds-are-flying-high/

Group Calls on Companies to Focus on Long-Term Goals

Companies should help reduce income inequality and focus more on long-term goals, a new group of supporters of capitalism said on Monday.


http://dealbook.nytimes.com/2012/05/14/group-calls-on-companies-to-focus-on-long-term-goals/