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Facebook Inc. has gone public at last and has hit the market with a thunderous boom, trading 82 million shares in its first 30 seconds. The company's IPO share price was initially listed at US$38 apiece, but said shares began trading today at US$42.05 apiece.
After hitting the market hard on Friday, Facebook's (FB) stocks continue to spiral downward. At the time of this writing, FB shares were trading at US$32.27 apiece.
Digitec Trading, Inc. has been appointed the exclusive Canadian distributor of Pixel's line of wireless flash and shutter release controls for digital SLRs.
Korbon Trading Ltd., a Mississauga, ON-based consumer electronics distributor, has announced that it is closing its doors after 29 years of business. Ken Simpson, the Company's President and Founder, remarked: "The wind up of the company comes in the wake of personal and corporate challenges, the result of which has rendered it impossible for Korbon Trading Ltd. to carry on."
Erikson Consumer Mobile, the 12V division of Jam Industries located in Baie D'Urfé, QC, has appointed Toronto, ON-based Importel & Matrix Trading as its JBL automotive sub-distributors for eastern Canada.