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This Day in Business History: Facebook IPOs

May 18 2012: Facebook started trading on NASDAQ as FB, with common stock priced at $38 per share. This gave Facebook a $104B valuation, nearly four times Google’s $23B valuation at it’s 2004 IPO. The IPO was notable for more than its size; as technical glitches at NASDAQ later led to lawsuits from shareholders. Sources:  Read More …

This Day in Business History: Happy Birthday NYSE!

May 17, 1792: Outside of 66 Wall Street, under a buttonwood tree, 24 stockbrokers and merchants signed what became known as the Buttonwood Agreement, which established The New York Stock Exchange. The very first listed company on the exchange was Bank of New York. Source: History of the New York Stock Exchange via Library of Congress Read more Read More …

This Day in Business History: New York Stock Exchange Founded

May 17, 1792 – Outside of 68 Wall Street under a Buttonwood Tree, 24 New York City stockbrokers and merchants signed the Buttonwood Agreement which began the New York Stock Exchange (NYSE). Stock Exchanges have been around for while in United States. In 1790, the Philadelphia Stock Exchange, originally named the Board of Brokers of Philadelphia, was founded, and was Read More …

This Day in Business History: The Chunnel Opens

May 6, 1994: The “Chunnel,” a rail tunnel under the English Channel, officially opened. This 31 mile tunnel connects Folkstone, England with Sangatte, France.  Construction began in 1988, with drilling commencing from both countries.  The tunnel goes down as far as 50 feet deep, and the underwater section is 23.5 miles, the longest undersea tunnel in Read More …

Vivvix Snapshots of U.S. Spend for Companies and Brands

Vivvix is a database of U.S. advertising expenditures for companies and brands by channel (internet, TV, magazine, newspaper, radio, outdoor). While you can run custom searches using this platform, a great place to start is looking at a company or brand advertising snapshot to quickly understand its investment and strategy for ad spend. Company/brand snapshots Read More …

Career Research Tip: First Research for Industry Insights

First Research provides industry overviews on 200+ sectors, including small and niche industries. Content includes industry overview, forecast, key and challenges, trends, financial performance, and more. First Research also links to related industry associations and publications, government data and other recommended sources.   Unique to First Research are three sections especially useful as you think about Read More …