Moneycontrol.comRivals home in on MS clients after Facebook debacleInternational Financing ReviewRivals are eyeing Morgan Stanley's dominant position as an underwriter of US technology stocks in the fallout from the Facebook IPO disaster. Sources a…
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Rivals slam Nasdaq’s poor communication during Facebook IPO – gulfnews.com
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Rivals slam Nasdaq's poor communication during Facebook IPOgulfnews.comNasdaq OMX's computer systems used to establish the opening price for Facebook were overwhelmed on May 18 by order updates and cancellations for the IPO. The solution Nasdaq…
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Nasdaq’s Facebook IPO Reimbursement Plan Angers RIvals, But It’s Also a Clever … – Wall Street & Technology
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Nasdaq's Facebook IPO Reimbursement Plan Angers RIvals, But It's Also a Clever …Wall Street & TechnologyBy Ivy Schmerken Nasdaq OMX's plan to compensate brokers for their losses in the botched Facebook IPO with discounted trading fees has…
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Facebook IPO mishandling hurt investor confidence: TD Ameritrade – CNBC.com
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CIO TodayFacebook IPO mishandling hurt investor confidence: TD AmeritradeCNBC.comThe steep drop in the company's share price has triggered questions over its lofty IPO pricing. Tomczyk said TD Ameritrade came out of the Facebook IPO "pretty cl…
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California voters reject tobacco tax | Reuters
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A California ballot measure that would have added a $1 tax to a pack of cigarettes was narrowly defeated in the state’s primary election Tuesday, an outcome observers attributed to a $47 million ad blitz by the tobacco industry. The measure was defeated 50.8 percent to 49.2 percent on a day of light voter turnout…
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In US economy, Romney finds plenty to bash Obama – Full story
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(via AFP) Forget abortion and same-sex marriage: Republican Mitt Romney has made a crisp pivot toward the economy, and Friday’s poor jobs numbers are providing the latest anti-Obama fodder to boost his White House bid. During the bruising primary race Romney often found himself in open conflict with rivals Newt…
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Why merging Spain’s troubled banks won’t fix the country’s debt crisis
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Bank mergers solve the debt crisis. At least that is the strongly held view in Madrid, where Spanish prime minister Mariano Rajoy is considering yet another rescue, this time involving a possible merger of Ibercaja with rivals Liberbank and Caja3. It follows a longstanding policy, established by the previous socialist administration, that smashing together almost…
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Banks shrink from counterparty risk as euro crisis rolls on | Reuters
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Alarmed by Europe’s latest debt crisis and its unpredictable outcome, banks are getting increasingly picky about who they do business with for fear of taking on risky exposures to rivals who could be about to be whipsawed by bad debts. Greece’s slow-motion crash towards default, coupled with the poor health of banks in Spain, have…
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Rivals Go to Lunch on JP Morgan’s Losses – Wall Street Journal
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Daily MailRivals Go to Lunch on JP Morgan's LossesWall Street JournalBy GREGORY ZUCKERMAN And LIZ RAPPAPORT The trading blunders that have cost JP Morgan Chase & Co. at least $2 billion are shaping up as a boon for some of the bank's bigges…
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Sony, Panasonic in talks to make OLED TVs: sources – CNBC.com
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BloombergSony, Panasonic in talks to make OLED TVs: sourcesCNBC.comTOKYO (Reuters) – Sony Corp and Panasonic Corp are in talks to develop the technology to mass produce next-generation OLED televisions, aiming to compete with South Korean rivals in a t…
