Currently viewing the tag: "financial"

Shares of Arian Foster? Not Quite.

On October 22, 2013 By Emily Gabranski

This week Fantex announced the newest public investment option made possible by the JOBS Act of 2012 [PDF]: stock in professional athletes. Arian Foster of the Houston Texans will be the first athlete to sell shares of his future earnings to the public. According to the Prospectus filed with the SEC [...]

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Kickstart My Art

On September 17, 2013 By Jeffrey W. Sheehan

This summer, Martha Ingram saved Nashville’s Schermerhorn Symphony Center from a looming bankruptcy. Now, the symphony that calls the Schermerhorn home is seeking out a new patron to “be a part of the experience” of recording three works by composer Joan Tower. You are that patron. The Symphony is one of [...]

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New York’s top banking regulators sent subpoenas to 22 digital currency firms in August to determine whether new regulations would be necessary to deal with the emergence of Bitcoin as a form of currency.

For readers unfamiliar with the virtual currency, Bitcoin is a recent implementation of “crypto-currency,” a form of digital [...]

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MLB contract negotiations are well underway for baseball’s free agents.  Many players have already been signed.  For example, David Ortiz re-signed with the Red Sox and Torii Hunter signed with the Tigers.  However, many other players are still in the process of negotiating, including Josh Hamilton and Zack Greinke.  For a complete list of [...]

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On August 21st, President Obama’s campaign manager Jim Messina sent the first-ever text message donation to a presidential campaign–a whopping $10.  While the Obama campaign is no stranger to six-figure contributions, it hopes this development will encourage small donors to give “whatever they can afford.” This innovative use of technology is [...]

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Can’t Buy EMI?

On July 18, 2012 By Caitlin Angelette

Students of Antitrust law take note: a 4-3 merger of the smallest into the largest of the four biggest recording companies is underway.  Universal Music Group is attempting to purchase EMI, the home of the Beatles.  Universal Music Group is itself owned by Vivendi, a French company.

The EU, however, isn’t entirely Continue Reading

On May 18th, Facebook was able to raise over $16 billion in its initial public offering (“IPO”).    The money that Facebook was able to raise during its IPO made it the second largest IPO in U.S. history.  Facebook’s revenue for 2011 was $3.7 billion and it had a net profit [...]

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When $2 Billion is Not Enough…

On February 11, 2012 By Andrew Harline

As you probably know by now, Facebook is going public (details and legal analysis in Thursday’s post). But, did you know that Mark Zuckerberg, Facebook’s CEO, is anticipated to foot the largest tax bill in US history? $2 billion. Holy cow, right? That sounds like enough money to fix a lot [...]

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As Facebook Friends Wall Street, Legal Risks Grow

On February 9, 2012 By Niels Melius

Facebook recently announced a major status update: it’s going public.  On Wednesday, February 1st, the company filed registration papers with the Securities and Exchange Commission (SEC) in what marks the first step in becoming a publicly traded company.  If all goes according to the planned timeline, the social networking site will raise at least [...]

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