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2011-05-18 05:45:00

Business-oriented social networking site LinkedIn said an initial public offering (IPO) will likely raise 30 percent more than previously expected, a positive sign that investors are eager to bet on social networks. LinkedIn, which plans to set the IPO price Wednesday night and begin trading on the NYSE under the symbol LNKD on Thursday, had originally planned to sell 7.84 million shares at $32 to $35 each. But in an updated filing with the Securities and Exchange Commission (SEC) on...


Word of the Day
cruet
  • A vial or small glass bottle, especially one for holding vinegar, oil, etc.; a caster for liquids.
This word is Middle English in origin, and ultimately comes from the Old French, diminutive of 'crue,' flask.
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