Friday, March 23, 2012

USA - Florida shooting: If I had a son he'd look like Trayvon Martin

Uploaded by on Mar 23, 2012
US President Barack Obama says police must thoroughly investigate the controversial shooting death of 17-year-old Trayvon Martin in Florida. Obama says the incident made him think of his own daughters.

"Robot and Frank" Mixes Sci-fi With a Message

Published on Mar 23, 2012 by
Frank Langella and Liv Tyler on their Sundance hit 'Robot and Frank,' about an elderly man living with a home health aid robot. (March 23)

Kuwait - Borat spoof Kazakhstan anthem played by mistake

Uploaded by on Mar 23, 2012
When a Kazakhstan sportswoman wins gold in Kuwait she is greeted with the
obscene parody of her country's national anthem from the film Borat.

"Hunger Games" Star Fuhrman Opens Up on Clove

Published on Mar 23, 2012 by
Teen actress Isabelle Fuhrman, who plays the vicious Tribute Clove in 'The Hunger Games,' explains her insight into her character. (March 23)

USA - President Barack Obama Taps Jim Yong Kim for World Bank

Published on Mar 23, 2012 by
President Barack Obama nominated Dartmouth College President Jim Yong Kim to head the World Bank Friday. It's a surprise choice for the World Bank's top job. (March 23)

Zynga Files S-1 With SEC To Sell 42.9 Million Shares

Uploaded by on Mar 23, 2012
In the wake of Zynga's (NASDAQ:ZNGA) OMGPOP acquisition, Zynga filed a fresh and amended S-1 registration with the SEC that allows the company to sell over 42.9 million shares of common equity at its discretion.

Zynga listed Morgan Stanley, Barclays and Goldman as underwriters.

Zynga has a market cap of $10 billion and 121.7 million shares outstanding as of February 14th.

eBay Selling Rent.com to Primedia

Uploaded by on Mar 23, 2012
Ebay (NASDAQ:EBAY) announced late Thursday that it plans to sell Rent.com to Primedia Inc.

Charles Stubbs, PRIMEDIA President and Chief Executive Officer, who will lead the combined company said, "Rent.com has a strong reputation, brand awareness, history and URL. Both Rent.com and PRIMEDIA have long track records of delivering a high-quality consumer and client experience in the marketplace."

The deal is expected to close sometime in the second quarter.

eBay (NASDAQ:EBAY) has potential upside of 4.8% based on a current price of $37.62 and an average consensus analyst price target of $39.43.

What's In The News: March 23, 2012 Bank of America (NYSE:BAC) ...

Uploaded by on Mar 23, 2012
This is what's in the news for Friday March 23, 2012. The Wall Street Journal reports the SEC is examining whether some sophisticated, rapid-fire trading firms have used their ties to computerized stock exchanges to gain an unfair advantage over other investors, sources say. The Wall Street Journal also reports Bank of America (NYSE:BAC) will test allowing homeowners at risk of foreclosure to turn over deeds to their houses and sign leases that will let them rent the houses back from the bank at a market rate. Bloomberg reports Federal Reserve Bank of St. Louis President James Bullard says U.S. monetary policy may be at a turning point and a Fed interest rate increase could come as soon as late 2013. Reuters reports Saudi Arabia will be able to pump enough oil to make up for any loss of Iranian output caused by Western sanctions, according to the head of the International Energy Agency.