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Sorting through the Facebook IPO legal mess

Wednesday, 23 May 2012 17:17 Financial Resources - US Markets
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At this point, there's little question that Facebook's IPO was a disaster. But was it illegal?
 

HP to cut 27,000 jobs - shares surge

Wednesday, 23 May 2012 15:00 Financial Resources - US Markets
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Hewlett-Packard announced Wednesday that it is slashing 27,000 jobs in a widely expected maneuver aimed at slimming down the struggling tech giant.
 

Stocks erase hefty losses

Wednesday, 23 May 2012 13:49 Financial Resources - US Markets
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After nearly a full day in the red, stocks erased most of their losses in the last half hour of trading Wednesday.
 

How much do you trust Wall Street?

Wednesday, 23 May 2012 13:10 Financial Resources - US Markets
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Regulators are breathing down Morgan Stanley's back amid allegations and lawsuits over what the firm may have told clients ahead of the IPO.
 

Would you buy Facebook stock?

Wednesday, 23 May 2012 12:59 Financial Resources - US Markets
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Shares of Facebook are down 18% from their IPO price. If you didn't get burned on the stock's debut, Is this a buying opportunity?
 
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Yahoo Stock Quote

 
 ^IXIC^GSPC^FTSE
Date 5/23/20125/23/20125/24/2012
Time 5:30pm ET4:33pm ET4:09am ET
Trade 2,850.121,318.865,274.92
Change 0.002.238.51
% Chg 0.00%0.17%0.16%
Open 0.001,316.025,266.41
High 0.001,320.715,323.63
Low 0.001,296.535,266.41
Volume 0693,140,9280
Intraday 
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World News

Brother of blind China activist flees village

BEIJING (Reuters) - The brother of blind activist Chen Guangcheng has fled his village in northeastern China, evading a security clampdown to seek help from lawyers for his son who has been detained i...
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US News

Romney opens new front vs Obama: schools are failing

WASHINGTON/REDWOOD CITY, California (Reuters) - Republican presidential candidate Mitt Romney opened a new front on Wednesday in his fight against President Barack Obama, accusing him of presiding ove...
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Top Stories

How Osama re-elects Obama - Asia Times Online


CTV.ca
How Osama re-elects Obama
Asia Times Online
By Pepe Escobar A nuclear deal with Iran? An organized retreat from Afghanistan? The eurozone picking up a little bit of steam? Stable oil prices? Forge...
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Health

Health insurance attainable for Millennials - The Corsair


New Republic
Health insurance attainable for Millennials
The Corsair
Health insurance was once difficult to come by for Millennials after age 19, when young adults were removed from their parents' pl...
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General Business

Thomas Cook names Premier Farnell boss Green as CEO

LONDON (Reuters) - Thomas Cook on Thursday said current Premier Farnell boss Harriet Green would succeed Sam Weihagen as chief executive of the debt-laden tour operator at the end of July.
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SciTech

ASU compiles list of world's top 10 new species - AZ Central.com


msnbc.com
ASU compiles list of world's top 10 new species
AZ Central.com
by Anne Ryman - May. 23, 2012 11:20 PM And on the island of Borneo is the mushroom that acts like a sponge, named after Sponge...
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Sports

Celtics can't finish in Philadelphia, face Game 7 vs. Sixers - Boston Globe


Boston Globe
Celtics can't finish in Philadelphia, face Game 7 vs. Sixers
Boston Globe
By Frank Dell'Apa Ray Allen wore a painful expression after being whistled for a fourth-quarter foul, one sh...
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Entertainment

'GI Joe' gets new marching orders, moves to 2013 - Boston.com


CBS News
'GI Joe' gets new marching orders, moves to 2013
Boston.com
LOS ANGELES—Just a month before its June release in the US, Paramount Pictures delayed the debut of "GI Joe: Retaliation&...
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US Markets

Sorting through the Facebook IPO legal mess

At this point, there's little question that Facebook's IPO was a disaster. But was it illegal?
More:
Economy and Government

Sales of new homes inch up

Sales of new homes are showing some signs of life, growing 3.3% month over month to an annualized rate of 343,000 in April, according to a government report released Wednesday.
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International Finance

U.S. stocks erase hefty losses

After nearly a full day in the red, stocks erased most of their losses in the last half hour of trading Wednesday.
More:
Commodities

Shale gas boom helps slash US emissions (Financial Times)

Share With Friends: | | Business - Finance - Commodities Stories , RSS and RSS Feed via Feedzilla.
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Currencies

Portfolio Diversification Not Working? Look at Price Patterns: Expert

Market correlations have once again been rising - with stocks, bonds and even gold dropping in recent weeks on worries about Greece. That's making it harder for investors to use traditional forms of p...
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Mergers & Aquisitions

PRESS DIGEST - New York Times business news - May 24

May 24 (Reuters) - The following were the top stories on the New York Times business pages on Thursday. Reuters has not verified these stories and does not vouch for their accuracy.
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Investing Strategies

Beaten-Down Macau Gaming Stocks a Buy: Analysts 

Macau gaming stocks have fallen out of favor, with the major names sliding an average of 20 percent since the beginning of May on worries about a sharp slowdown in gambling revenues. But, according to...
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Investing Ideas

LSI CEO on Defying the Tech Sector

See Cramer's interview with Abhi Talwalkar, president and CEO of LSI.
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Banking

Euro Zone Crisis Heating Back Up as Leaders Argue

With Greece’s membership in the euro zone teetering, fears of bank insolvency rising and Europe’s leaders bickering about what to do, the euro crisis is once again intensifying and threatening to unde...
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Mortgages

Mortgage Rates Reclaim Some Of Yesterday's Losses

Mortgage Rates  improved today , gaining back a good portion of yesterday's losses as European markets continued keeping pressure on domestic stock prices and interest rates.  The biggest move...

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Treasuries

Santelli's Midday Bond Report: 5-Year Treasury Auction

CNBC's Rick Santelli reports the Treasury sold $35 billion in 5-year Notes at a high yield of 0.748%.
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Interest Rates

China Seen Launching ‘Aggressive Stimulus’ as Growth Slows Further 

Continued weakness in China’s economic data as well as growing risks of a Greek exit from the euro zone will drive Beijing to launch aggressive stimulus measures in order to prevent a further deterior...
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Real Estate

China disperses $10 billion of public housing funds

BEIJING (Reuters) - China's Ministry of Finance said on Thursday it had given 66 billion yuan ($10.5 billion) to local governments to help build public housing for rent, one of five categories of stat...
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Federal Reserve

Larry Lindsey Talks Politics

Lawrence Lindsey, The Lindsey Group, president & CEO, discusses his views on Democratic Senate candidate Elizabeth Warren and says Mitt Romney has a shot at winning the White House, but will most like...
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Hedge Funds

Sen. Corker on Banking Regulations

Sen. Bob Corker, (R-TN), discusses why he was the first to call for hearings related to JPMorgan's trading losses, and weighs in on regulatory reform, and curbing the banking sector.
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Top 5 Up Unusual Volume

23 May 2012 16:00:00 - Top 5 Stocks up on Unusual Volume

  Intraday Unusual Volume - Top 5 Up
Symbol Volume %
Change 		Price %
Change 		News
  ROSG 1494%  11.24% news
  PETM 692%  62.92% news
  TTWO 479%  11.78% news
  SQI 284%  16% news
  CB...
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Video Feeds

Reuters Today: EU summit a rallying call ... or empty words?

EU leaders agree on what needs to be done to fix the crisis, but not on how to do it. "Grexit" looms large. Plus, China's factories slow again, HP lays off 27,000 in savings drive.
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Opinion

Pouch.com

If you’re looking for a purse that can keep up with your busy, non-stop life, the iPurse is the purse. Women are busier now than they’ve ever been before, pursuing more education, careers and bal...
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Fashion Report

Take your fashion quotient to zenith with iPurse Pouch

The modern woman has needs that can only be met by modern and chic things. For instance, just imagine an active working woman carrying a big tote bag or a young lady hitting the bar sporting an old, c...

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