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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.
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By Brian Womack, Bloomberg |
July 27, 2012
Facebook Inc. plunged to a record after its first earnings report as a public company showed a slower sales gain and narrower profit margins, failing to allay concerns over growth that have dragged down the shares.
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By Douglas MacMillan, Bloomberg |
July 18, 2012
Facebook Inc. shares are under pressure in the run-up to an earnings report, due next week, that will probably indicate growth slowed in the second quarter.
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By Rita Nazareth, Bloomberg |
June 21, 2012
U.S. stocks tumbled, sending the Standard & Poor’s 500 Index lower for a second day, as signs of a slowdown in global manufacturing added to disappointing housing and labor market data at the world’s largest economy.
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By Michael J. Moore, Lee Spears and Douglas MacMillan, Bloomberg News |
May 24, 2012
Facebook Inc.’s initial public offering has triggered allegations the social network and banks led by Morgan Stanley selectively disclosed crucial information to investors. Securities law experts say it’s not clear the firms did anything wrong.
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By Canaccord Genuity Morning Coffee |
May 23, 2012
Shares of Facebook fell again Tuesday as investors continue to shun what was one of the most anticipated IPOs of all time.
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By Lee Spears and Sarah Frier, Bloomberg |
May 18, 2012
Facebook Inc. is set to start trading today after a record initial public offering that made the social network more costly than almost every company in the Standard & Poor’s 500 Index.
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By Christine Harper, Bloomberg |
May 17, 2012
Goldman Sachs Group Inc. and funds managed by the firm will sell about $1 billion of stock in Facebook Inc.’s initial public offering, cashing out almost half their stake after the social network doubled in value.
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By Rita Nazareth, Bloomberg |
May 16, 2012
U.S. stocks advanced, snapping a three-day decline in the Standard & Poor’s 500 Index, as better-than-estimated reports on housing starts and industrial production bolstered confidence in the world’s largest economy.
