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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 Joel Rosenblatt, Bloomberg |
November 26, 2012
Hewlett-Packard Co. was sued by shareholders over its $8.8 billion writedown that the company said was partly related to falsified finances at Autonomy Corp., the British software maker it bought last year.
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By Danielle Kucera, Bloomberg |
November 26, 2012
Online retailers are poised for a record $43.4 billion holiday sales season as shoppers increasingly rely on social networks and mobile devices to find and buy merchandise.
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November 20, 2012
Hewlett-Packard Co. accused Autonomy Corp., the software maker it bought last year, of a broad range of financial falsehoods resulting in an $8.8 billion writedown.
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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.
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By Nina Mehta and Katia Porzecanski, Bloomberg |
October 30, 2012
U.S. equity markets will reopen tomorrow after the longest weather-related shutdown in more than a century, resuming after the New York Stock Exchange was spared by Hurricane Sandy as it swept through New York yesterday.
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By Rita Nazareth, Nina Mehta and Whitney Kisling, Bloomberg |
October 30, 2012
For the first time in more than a century, weather has stopped U.S. equity trading for two straight days as Hurricane Sandy swept across New York City.
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By Laura Marcinek, Bloomberg |
October 26, 2012
Citigroup Inc. was fined $2 million after a junior analyst improperly disclosed confidential information before Facebook Inc.’s initial public offering, Massachusetts’ top financial watchdog said.
