Rare earth minerals miner Molycorp Inc. (NYSE: MCP) held its IPO just less than two years ago, in late July 2010, at an offering price of $14/share, below the anticipated ... Read Full Story »
Barely six weeks after an unsuccessful offer of $24.75/share for Avon Products Inc. (NYSE: AVP), Coty Inc. has filed a Form S-3 with the SEC today, revealing its plans for ... Read Full Story »
The three major US stock indexes opened slightly higher this morning as markets didn’t get any more bad news from Europe and got some good news on housing prices from ... Read Full Story »
In a rare bit of good news, the ISM non-manufacturing index came in higher than expected this morning, at 53.7%, up 0.2% from April and the same amount above the ... Read Full Story »
Morgan Stanley (NYSE: MS) has sent a letter 17,200 brokers at its Morgan Stanley Smith Barney brokerage houses telling the brokers that the bank is reviewing customer orders for the ... Read Full Story »
After tumbling about -26% in its first three days of trading, stock in Facebook Inc. (NASDAQ: FB) is up more than 3% just before noon today even as shareholder lawsuits ... Read Full Story »
Facebook Inc. (NASDAQ: FB) shares are ticking back up as we approach noon today. Nearly 56 million shares have traded hands so far this morning, making it today’s second most ... Read Full Story »
Shares of Facebook Inc. (NYSE: FB) traded down nearly -7.5% in pre-market action this morning and opened down at $32.59 after closing at $34.03 last night. The stock is down ... Read Full Story »
At some point during the past two weeks, Facebook’s (NASDAQ: FB) expert bankers raised the price range of its initial public offering from between $28 and $35 to between $34 and ... Read Full Story »
The total 2011 compensation package for Goldman Sachs Group Inc. (NYSE: GS) CEO Lloyd Blankfein was chopped by $6.7 million to $12.4 million, 35% below his 2010 total pay of ... Read Full Story »
The US equity markets opened slightly higher this morning, but soon turned around and spent the rest of the morning lower before returning to about even by afternoon. Equities could ... Read Full Story »