A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
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Mark Cuban Likes Facebook, Hates What it Did to IPOsWall Street Journal (blog)Facebook shares closed up 3.2% at $33.03. So, he's in the money. The stock is still down 13% from its $38 IPO price. Facebook's trading debut last week was marred by ...
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Moneycontrol.comIt's All Your Fault Advertisers, That Facebook's IPO Sucked! Or Not.MediaPost CommunicationsI'm acting like someone who actually bought Facebook stock. In actuality, I'm someone who isn't all that surprised at what s...
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New York Times (blog)Facebook IPO: Individual investors get burnedCNNMoneyNEW YORK (CNNMoney) -- Carole Parker tried to buy 400 shares of Facebook last week through her Fidelity account, ended up with 800, and is now waiting to find out who'll make...
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Facebook IPO: Individual investors get burnedCNNNEW YORK (CNNMoney) -- Carole Parker tried to buy 400 shares of Facebook last week through her Fidelity account, ended up with 800, and is now waiting to find out who'll make good on her $3400 loss. A...
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Facebook IPO Frenzy Costs Main Street More Than $600 MillionSan Francisco ChronicleThe outcome: After Facebook and its underwriters misjudged demand in pricing the IPO and glitches on the Nasdaq hampered trading on the first day, the world's larges...
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CBS NewsFacebook shares stabilizing, but probes mountCBS NewsIt was marred further this week as investors began accusing the banks that arranged the IPO of sharing important information about Facebook's business prospects with some clients and not ...
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Congress plans inquiry into Facebook IPOHerald and NewsTwo congressional committees said Wednesday they would conduct preliminary inquiries into the IPO. And attorneys filed two separate lawsuits alleging that average investors were misled in the days ...
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Congress plans inquiry into Facebook IPOHerald and NewsTwo congressional committees said Wednesday they would conduct preliminary inquiries into the IPO. And attorneys filed two separate lawsuits alleging that average investors were misled in the days ...
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Facebook shares stabilizing, but probes mountCBS NewsIt was marred further this week as investors began accusing the banks that arranged the IPO of sharing important information about Facebook's business prospects with some clients and not others. ...
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Facebook, banks under fire for IPO; Congress will investigateNews & ObserverTwo congressional committees said Wednesday that they would conduct preliminary inquiries into the IPO. And attorneys filed two separate lawsuits alleging that average investor...
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Facebook, banks under fire for IPO; Congress will investigateTheNewsTribune.comTwo congressional committees said Wednesday that they would conduct preliminary inquiries into the IPO. And attorneys filed two separate lawsuits alleging that average inves...
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Firsthand Tech, GSV Hurt By Facebook's IPO PerformanceWall Street JournalGSV bought its 350000 Class B shares at less than $30 each, while Firsthand's 600000 Facebook shares were acquired at an average $31.50 apiece. Prior to the IPO, Facebook ...
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Facebook IPO Scrutiny Grows as Morgan Stanley Defends RoleAdAge.comInvestors and regulators raised new concerns about the $16 billion IPO after Facebook shares fell a second straight day yesterday, extending losses to 18% below the $38 offer price. Mor...
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Facebook IPO turns into 'frenzy' as investors, regulator raise concernsWashington PostMay 23 (Bloomberg) -- Facebook Inc.'s initial public offering is getting less friendly with each passing day. Investors and regulators raised new concerns...
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Brokerage issues 'buy' rating on FacebookChicago TribuneBrokerage Needham & Co. started coverage on Facebook Inc. with a "buy" rating, a rare positive take on the shares of the social network after they lost nearly a fifth of thei...
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IBTimes.co.ukG-8 Leaders Push for European Crisis ResolutionAllAfrica.comThe sterling pound has fallen by 1,3 percent against the euro to trade at 80,92 pence per euro. The G-8 leaders are pushing for a resolution on the European crisis and have made n...
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Business InsiderFeds set to review JP Morgan trading lossNew York PostWASHINGTON -- A US federal council charged with examining systemic financial risks is expected later Tuesday to discuss losses made by JP Morgan Chase of at least $2 billion from cre...
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Financial NewsJP Morgan Shares Now Negative for Year as Analysts Add CutsWall Street Journal (blog)According to FactSet Research, nearly three-quarters of the 37 analysts on JP Morgan rate it a buy or the equivalent of buy. Evercore — Downgrade to eq...
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Wall Street JournalChesapeake shares up after company vows to cut payCBS NewsChesapeake Energy Corp.'s shares jumped in trading Monday after the natural gas and oil company vowed to cut the pay and perks for its outside directors as it clamps down ...
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Does JPMorgan Have $20 of Upside?CNBC.comWith shares of JPMorgan He tell us there are 3 key issues to consider: Size of the Loss – “I think it will be very manageable relative to the $20 billion in earnings power that JPM has,” says O'Connor....
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JPMorgan Is a 'Absolute Buy': CitigroupTheStreet.comBy Philip van Doorn 05/21/12 - 09:17 AM EDT NEW YORK (TheStreet) -- Citigroup Analyst Keith Horowitz on Monday made an "Absolute Buy Call" on JPMorgan Chase (JPM), following an 18% d...
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Nasdaq OMX Group Inc. (NDAQ), under scrutiny after shares of Facebook Inc. were plagued by delays and mishandled orders on its first day of trading, blamed “poor design” in the software it uses for driving auctions in initial public offerings. Computer systems used to establish the opening price were overwhelmed by order cancellations and...
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DaVita to buy physician network operator HealthCare Partners in $4.42 billion dealWashington PostDENVER — Kidney dialysis services provider DaVita says it will buy the doctor network operator HealthCare Partners in a cash-stock deal valued at $4.42 b...
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Seoul shares seen lower on nagging euro zone jittersReutersSEOUL, May 21 (Reuters) - Seoul shares are set to extend losses on Monday, as investors continue to reduce their exposure to risky assets over a deepening debt crisis in the euro zone. "Al...
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(via AFP) Pensioners with shares in Spain’s nationalised financial giant Bankia say it cheated them into buying its stock, which has plummeted in value. Bankia has taken centre-stage in Spain’s financial crisis in the past week, and the price of its shares, unwittingly bought by savers like pensioner Saturnino…
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New York TimesFacebook investors left guessing after Nasdaq glitchReutersBy John McCrank and Jonathan Spicer (Reuters) - Individual investors were left guessing for more than two hours on Friday about whether their buy and sell orders for newly issued ...
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The GuardianFacebook investors left guessing after Nasdaq glitchReutersBy John McCrank and Jonathan Spicer (Reuters) - Individual investors were left guessing for more than two hours on Friday about whether their buy and sell orders for newly issued Fa...
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BloombergFacebook Underwriters Said to Support Stock at Near $38 a ShareBloombergFacebook Inc. (FB) underwriters purchased the company's stock to keep it from falling below $38 a share after debuting on the Nasdaq Stock Market, people with knowledg...
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VentureBeatZynga Trading Pauses Last Too Long Amid Facebook Trading IssuesSan Francisco ChronicleMay 18 (Bloomberg) -- Zynga Inc. shares, paused for a volatility circuit breaker that was supposed to last five minutes, failed to resume until about 50 mi...
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