Federal regulators are very interested in this morning's report that Morgan Stanley and other underwriting banks shared negative info on Facebook with investors before last week's IPO. (Source: The Atlantic Wire)... [Full Article]
WASHINGTON (Reuters) - The top securities regulator said on Tuesday that the problems surrounding Facebook's initial public offering should be reviewed, but those issues should not shake investor confidence in the markets. "I think there is... [Full Article]
Less than 2% of mobile carriers' subscribers 'Like' them on Facebook despite the millions of dollars they collectively spend in an effort to promote their services on the world's most popular social network. Facebook made its initial public offering ... [Full Article]
Facebook sank again Tuesday, with sellers pushing the price of its newly listed shares down more than 5.0 percent in opening trade. (Source: AFP)... [Full Article]
NEW YORK (Reuters) - Shares of Facebook fell again at the open on Tuesday as doubts about the company's valuation increased after Reuters reported that underwriters cut their revenue forecasts for the social networking site shortly before the IP... [Full Article]
(Reuters) - In the run-up to Facebook's $16 billion IPO, Morgan Stanley, the lead underwriter on the deal, unexpectedly delivered some negative news to major clients: The bank's consumer Internet analyst, Scott Devitt, was reducing his reve... [Full Article]
SAN FRANCISCO (Reuters) - Facebook's lackluster initial public offering performance is a black eye for many on Wall Street and could have ramifications for similar upcoming deals such as an offering by Twitter, but venture capitalists in Silicon... [Full Article]
NEW YORK (Reuters) - Nasdaq OMX faces short-term costs from its botched handling of Facebook shares on their first day of trading but the longer term repercussions could be more expensive as it struggles to restore its image. Initially, the exchange ... [Full Article]
US shares racked up strong gains Monday with the Nasdaq adding nearly 2.5 percent helped by an Apple surge, but Facebook shares flipped below their IPO price on their first full day of trading. (Source: AFP)... [Full Article]