JPMorgan's trading loss may touch $9 bnRediffTrading loss of global financial services firm JPMorgan Chase & Company may touch $9 billion, much higher than previous estimates of $2 billion disclosed last month, according to a media report. | JP…
Tag Archive for Estimates
European Crisis
Euro firewall insufficient after Spain, says IIF – CNN Money
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The recent €100 billion bailout of Spain’s banks will leave Europe’s financial rescue fund without enough money to bail out another big economy, an international banking group warned on Sunday. “[A]fter committing €100 billion for the Spanish saving banks, the Eurogroup’s rescue funds, as currently authorized and structured, will have sufficient funds to help a…
Latest Business Headlines
Spain bank deal may not work, bolder reforms needed: Stiglitz | Reuters
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(Reuters) – Europe’s plan to lend money to Spain to heal some of its banks may not work because the government and the country’s lenders will in effect be propping each other up, Nobel Prize-winning economist Joseph Stiglitz said. “The system … is the Spanish government bails out Spanish banks, and Spanish banks bail out…
Facebook News
Facebook leads shrinking social valuations – MarketWatch
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CTV.caFacebook leads shrinking social valuationsMarketWatchBy Benjamin Pimentel, MarketWatch SAN FRANCISCO (MarketWatch) — Facebook Inc.'s public debut was supposed to mark a high point in the rise of social media companies. Instead, the IPO has …
Facebook News
Prices of Facebook stock since long-awaited IPO – Boston.com
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ABC NewsPrices of Facebook stock since long-awaited IPOBoston.comAlthough many investors had hoped for a big first-day pop, Facebook's stock opened on May 18 at $42.05 and fluctuated between $45 and $38 throughout the day. It closed barely above it…
Must Read
Companies Sitting on Much Less Cash Than Thought – Executives Are Siphoning It
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… in its quarterly “flow of funds” report on Thursday, the Federal Reserve sharply revised its estimates of how much cash companies are holding on their balance sheets. The bottom line: Corporations have nearly $500 billion less cash on hand than previously believed. To be sure, companies are still holding onto an unprecedented amount of…
Facebook News
IPO "whisper" estimates may be heard after Facebook – Reuters
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ABC News (blog)IPO "whisper" estimates may be heard after FacebookReutersBy Alistair Barr and Olivia Oran | SAN FRANCISCO (Reuters) – In the aftermath of the Facebook IPO, investor outrage – and lawsuits – have focused on "whisper" …
Facebook News
Facebook IPO prompts review of disclosure rules – Vancouver Sun
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Facebook IPO prompts review of disclosure rulesVancouver SunIn the aftermath of the Facebook IPO, investor outrage – and lawsuits – have focused on "whisper" estimates of future results that underwriters shared only with some clients. The sel…
Facebook News
Facebook IPO Said to Be Focus of Broker Briefing by Nasdaq Today – San Francisco Chronicle
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MyBroadbandFacebook IPO Said to Be Focus of Broker Briefing by Nasdaq TodaySan Francisco ChronicleThe Wall Street Journal reported earlier that Nasdaq OMX plans to brief brokers on Menlo Park, California-based Facebook. Nasdaq and Facebook ran into tro…
Facebook News
IPO ‘whisper’ estimates may be heard after Facebook – NDTV
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IPO 'whisper' estimates may be heard after FacebookNDTVIn the aftermath of the Facebook IPO, investor outrage – and lawsuits – have focused on "whisper" estimates of future results that underwriters shared only with some clients. The …
