U.S. stocks jumped Tuesday as traders celebrated big news and deals across the pharmaceutical sector and better than expected economic data:
Markets plunged on Thursday despite positive economic data on unemployment benefits.
This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if you want to know the direction of the next big moves…
Wall Street Journal (blog)ServiceNow IPO prices above rangeReutersThe ServiceNow offering is being viewed as a crucial test for lead left underwriter Morgan Stanley, whose reputation as the premier bank for tech deals was scrutinized following fallout …
CBS NewsFacebook's IPO price was right (maybe)CBS NewsThe average analyst target for Facebook's stock price is just under $38, or right about what the IPO price was.Tech IPOs look to break Facebook curseMarketWatchFacebook stock edges lower as …
IPO market seen hit by 'Facebook Freeze' in 2QCBS NewsAfter a strong start, the market for new stock offerings stalled in the second quarter as international economic woes roiled markets and Facebook's rocky IPO …
Proactive Investors USA & CanadaMorgan Stanley cut, J.P. Morgan upgradedMarketWatchThe bank disclosed the loss in early May, saying that it amounted to more than $2 billion but that amount may have risen in recent weeks. J.P. Morgan is …Analyst sees …
CBS NewsFacebook US unique users down 4.8% in 6 monthsCBS NewsFacebook's growth prospects became a crucial issue in the company's disappointing IPO after news that a Morgan Stanley analyst had warned clients that the …
A look at how some IPO stocks have faredCBS NewsA look at how some IPO stocks have fared. … Facebook's public debut was the most anticipated tech IPO since Google went public in August 2004. But the stock …and more »
Prices of Facebook stock since long-awaited IPOCBS NewsThey allege that analysts at the large underwriting investment banks cut their financial forecasts for Facebook just before the IPO and told only a handful of …
