IPO Reporter

LONDON (Reuters) - WPP Group , the world's second-largest advertising company, launched on Wednesday a hostile bid worth 1.08 billion pounds ($2.13 billion) for British market research firm Taylor Nelson Sofres .
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SEOUL (Reuters) - Oil rose a dollar on Wednesday, recovering from a more than $5 fall a day ago, after Iranian state media reported that the country had test-fired missiles that could reach Israel and U.S. bases in the region.
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SAN FRANCISCO (Reuters) - Advertising revenue from YouTube is likely to total about $200 million this year and thus fall short of parent company Google Inc's <GOOG.O expectations, The Wall Street Journal said on Tuesday, citing two sources familiar with the matter.
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SEOUL (Reuters) - South Korean flat screen maker LG Display Co Ltd reported on Wednesday its net profit more than trebled thanks to strong demand for flat-screen televisions and tight supplies of PC panels.
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HONG KONG (Reuters) - The U.S. dollar fell and Asian stocks surrendered some gains on Wednesday, after a report that Iran tested a missile that could reach Israel, raising concerns this week's $9 dip in oil prices is only fleeting.
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(Reuters) - Federal prosecutors are investigating whether two former Credit Suisse brokers lied to investors about how they placed their money into short-term securities, the Wall Street Journal reported, citing people familiar with the matter.
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NEW YORK (Reuters) - Retail chain Steve & Barry's is expected to file for Chapter 11 bankruptcy as early as this week, the Wall Street Journal reported on its website on Tuesday.
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UAE- Drake & Scull offers 1.2b shares in IPO

(MENAFN - Khaleej Times) Drake & Scull International (DSI) is hoping to raise Dh1.2 billion from its initial public offering (IPO) of 1,197,777,778 shares, which opens today, representing 55 per cent ...
United Financial Bancorp Earnings More Than Double to $0.12 Per Share (PR Newswire)

United Financial Bancorp, Inc. , the holding company for United Bank , reported net income of $2.0 million, or $0.12 per diluted share, for the first quarter of 2008 compared to net income of $834,000, or $0.05 per diluted share, for the corresponding period in 2007.