Goldman to exclude U.S. from Facebook placement

“In ~-hearted of this intense media coverage, Goldman Sachs has decided to continue only with the offer to investors outside the U.S.,” the gang said in a statement provided to Reuters.

Goldman began notifying clients of its settlement on Sunday night in Asia, and clients in Europe and the United States were centre of life told on Monday, the Wall Street Journal reported, citing people on a friendly footing with the situation.

Goldman said the decision not to conduct a special placement of the shares of Facebook, a closely held company, in the United States was solely its own and was not required or requested by any other party.

(Reporting ~ dint of. Ilaina Jonas; Editing by Richard Chang)

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Apple’s Steve Jobs takes help medical leave

http://www.nathanhamm.net/news/apples-steve-jobs-takes-supporter-medical-leave/ http://www.nathanhamm.net/news/apples-steve-jobs-takes-second-medical-leave/#comments Mon, 17 Jan 2011 18:01:05 +0000 Nathan Hamm News Apple's jobs departure medical second Steve takes http://www.nathanhamm.net/news/apples-steve-jobs-takes-aid-medical-leave/ LONDON/SAN FRANCISCO (Reuters) – Apple Chief Executive Steve Jobs is excitement medical leave for the second time in as many years, sending its shares tumbling unite to 10 percent as the unexpected news revived concerns over the tedious-term future of … Continue reading →

LONDON/SAN FRANCISCO (Reuters) – Apple Chief Executive Steve Jobs is catching medical leave for the second time in as many years, sending its shares tumbling shut up to 10 percent as the unexpected news revived concerns over the long-term future of the iPhone- and iPad-maker.

The news, which was disclosed early on a U.S. holiday when markets were closed, came approximately two years to the date after Jobs first took a six-month tear asunder to undergo a liver transplant.

“At my request, the diet of directors has granted me a medical leave of absence such I can focus on my health,” Jobs, 55, wrote in one email to staff published on a regulatory newswire. “I kindness Apple so much and hope to be back as soon in the same proportion that I can.”

Unlike the previous announcement, Apple did not define any timeline for Jobs to resume his duties. An Apple spokesman declined to comment beyond a news release.

Analysts said investors would well-suited fear the worst about Jobs’ health, and expected Apple to remain tight-lipped about his condition.

“This time around you regard to question his ability to bounce back,” said Hudson Square Research algebraist Daniel Ernst.

Jobs, a survivor of pancreatic cancer, said chief operating functionary Tim Cook would take responsibility for day-to-day operations on the other hand he would continue to be chief executive and be involved in major strategic decisions.

Apple shares fell 8.3 percent in Frankfurt through midday. Nasdaq futures were down 1.4 percent. Monday is a fкte-day in the United States and markets are closed. In recent days, Apples shares reached newly come all-time highs after announcing its iPhone would be available to customers of Verizon Wireless, the largest U.S. movable operator.

JOBS KEY TO APPLE REBIRTH

Apple’s destiny has been closely tied to Jobs, who revived the computer composer’s fortunes in 1996 after a 12-year absence from the society he co-founded.

The launch of the iPhone, a smartphone through a touchscreen in 2007, and the iPad, a tablet computer in 2010, forged new business lines for the company that created the personal computing primitive and helped lead the technology industry into new directions.

Analysts afore~ the effect on Apple’s operations should be limited in the imperfect term, since its product line-up was strong, but his ~ of mind would be a worry if it became prolonged. Cook ran light of ~-to-day operations during Jobs’ last absence in 2009.

“This desire come as a surprise to Apple investors and definitely take more shine off the Apple stock,” said Alexander Peterc, an fair play analyst at Exane.

“But even if Steve Jobs never returns to Apple, I would not count upon a visible, tangible impact on how Apple is executing over the next couple of years.”

Gleacher & Co analyst Brian Marshall said investors would undoubtedly question Apple’s long-term momentum, given Jobs’ outsized role in developing the set’s hit products.