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By Lu Wang and Joseph Ciolli, Bloomberg |
September 24, 2012
U.S. stocks fell for a third day and commodities dropped as European leaders clashed on ways to stem the debt crisis and reports from China and Germany signaled the slowdown is deepening.
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By Brian Womack and Douglas MacMillan, Bloomberg |
September 12, 2012
Facebook Inc. rose the most in more than a month after Chief Executive Officer Mark Zuckerberg said he’s addressing the missteps that have made it hard to reap the benefits of mobile advertising.
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By Allison Bennett and Inyoung Hwang, Bloomberg |
September 5, 2012
The euro and Spanish 10-year debt advanced on the European Central Bank’s plan to buy bonds, while most U.S. stocks fell as FedEx Corp. cut its profit forecast and reports showed economies were slowing more than anticipated.
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By Ari Levy, Bloomberg |
September 5, 2012
Facebook Inc. CEO Mark Zuckerberg, faced with a plummeting stock price and deluge of shares hitting the market, said he won’t start selling his holdings in the company for at least a year.
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By Danielle Kucera, Bloomberg |
September 4, 2012
Facebook Inc. fell to a record low after Morgan Stanley, a lead underwriter of the company’s initial public offering, cut its price forecast on concern that the social network is struggling to reach mobile users with ads.
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By Nina Mehta, Bloomberg |
August 23, 2012
Citigroup Inc., whose market-making unit suffered millions of dollars of losses trading Facebook Inc. in its public debut, urged U.S. regulators to reject Nasdaq OMX Group Inc.’s proposal to make up for its errors.
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By Ambereen Choudhury, Elisa Martinuzzi and Elena Logutenkova, Bloomberg |
August 22, 2012
European crisis continues to take tolls on all segments of business, especially banking.
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By Nina Mehta, Bloomberg |
August 20, 2012
UBS AG is starting a unit aimed at quantitative hedge funds that combines prime brokerage and services from its direct execution trading business.
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By Brian Womack, Bloomberg |
August 17, 2012
Facebook Inc.’s 6.3 percent drop yesterday, after the end of restrictions on share sales by its biggest investors, was the second-largest post-lock-up decline among companies that have gone public since January 2011.
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By Brian Womack, Bloomberg |
August 16, 2012
Facebook Inc. is freeing up 271.1 million of its shares today, boosting by 60 percent the number that could be traded and adding to concerns that have weighed on the stock since the company’s initial public offering.
