The GuardianMark Zuckerberg sees $4bn wiped off fortune in Facebook IPO disasterThe GuardianZuckerberg's fortune stood at $18.95bn before the IPO when Facebook's shares were priced at $38. The company's shares hit new lows Wednesday, coming…
New York Daily NewsZuckerberg off top 40 richest list as Facebook shares fallChicago TribuneRelated Facebook closes below $30 a share Facebook closes below $30 a share Citi unit lost $20M in Facebook IPO Citi unit lost $20M in Facebook IPO Facebook'…
CNNMoneyJPMorgan's top hedge fund liaison outCNNMoneyBy Maureen Farrell May 29, 2012: 1:23 PM ET There are more changes afoot at JPMorgan Chase (JPM), and this time, they are spreading beyond the bank's chief investment office, the unit respons…
IBNLive.comBotched Facebook IPO set to benefit lawyersIBNLive.comFacebook Inc's bungled initial public offering has gone from one of the most highly anticipated stock offerings to a hot legal opportunity for lawyers on both sides of shareholder lit…
IBNLive.comCiti unit lost $20 mln in Facebook IPO-sourceReutersKnight, Citadel lost $30-$35 mln in botched IPO * Firms submitted claims to Nasdaq on Monday NEW YORK May 25 (Reuters) – Citigroup Inc's Automated Trading Desk had trading losses of abo…
Moneycontrol.comJapan debt rating cut by Fitch, outlook negativeReuters| TOKYO May 22 (Reuters) – Japan's sovereign rating was cut by one notch by Fitch on Tuesday as a political stalemate dims the chance that the country can curb its snowballing d…
Telegraph.co.ukGreeks embrace some new myths about life with the euroChicago TribuneATHENS (Reuters) – In a land of ancient myths, modern Greeks have created some of their own about their near-bankrupt country's future as an integral part of a Euro…
BloombergAccor to Sell Motel 6 Chain to Blackstone Fund for $1.9 BillionBloombergAccor SA (AC), Europe's largest hotel operator, agreed to sell its US budget hotel chain Motel 6 to a fund managed by Blackstone Group LP (BX) for $1.9 billion, enabli…
Moneycontrol.comSilicon Valley takes Facebook IPO performance in strideEconomic TimesSAN FRANCISCO: Facebook's lackluster initial public offering performance is a black eye for many on Wall Street and could have ramifications for similar upcoming d…
CNBC.comOil prices up on expectations for improving demandBusinessWeekBy SANDY SHORE Oil prices rose Monday as encouraging signs about the economy in the United States and China tempered concerns about Greece's debt crisis. Benchmark oil rose 71 ce…
