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By Brian Womack, Bloomberg |
May 2, 2013
Facebook Inc.’s first-quarter sales topped estimates, a sign that Chief Executive Officer Mark Zuckerberg is making headway in a drive to make more money from mobile ads.
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By Whitney Kisling and Lindsey Rupp, Bloomberg |
March 25, 2013
Regulators cleared Nasdaq OMX Group Inc.’s plan to pay $62 million to compensate brokers for its mishandling of Facebook Inc.’s public debut, dealing a defeat to Wall Street firms that say they lost many times that amount.
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By Brian Womack, Bloomberg |
January 31, 2013
Facebook Inc. reported a plunge in fourth-quarter profit on higher spending, even while it made long-awaited progress luring advertisers eager to reach mobile-device users.
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By Brian Womack, Bloomberg |
January 30, 2013
Facebook Inc. Chief Executive Officer Mark Zuckerberg is reaping benefits of a deeper push into mobile advertising at the social network he founded almost a decade ago.
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By Canaccord Genuity Morning Coffee |
January 16, 2013
Facebook held its widely anticipated press event on Tuesday to show the press what it is working on, unveiling a new search service. The markets didn't seem impressed.
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By Ari Levy and Douglas MacMillan, Bloomberg |
December 19, 2012
Facebook Inc., the world’s largest social-networking company, could be exposed to legal challenges surrounding its initial public offering similar to those faced by Morgan Stanley, according to legal experts.
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By Michael J. Moore, Bloomberg |
December 17, 2012
Morgan Stanley, the lead bank on Facebook Inc.’s initial public offering, was fined $5 million by Massachusetts over claims the firm gave research analysts information that wasn’t provided to all investors in the sale.
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By Rita Nazareth and Namitha Jagadeesh, Bloomberg |
December 5, 2012
U.S. stocks were little changed, after a two-day decline in the Standard & Poor’s 500 Index, as China eased restrictions on investing in banks and investors watched developments on budget negotiations in Washington.
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By Brian Womack, Bloomberg |
November 14, 2012
Facebook Inc. investors, already grappling with concerns about the company’s growth prospects, are bracing for the biggest increase in the number of shares free for trading since the company went public in May.
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By Lisa Rapaport and Douglas MacMillan, Bloomberg |
October 31, 2012
Facebook Inc. declined the most in more than five weeks on concern that employees will start selling their shares now that prohibitions on insider sales have ended.