James Gorman, the CEO of Morgan Stanley (NYSE: MS), went on the record to say his firm’s behavior was perfect as it led the initial public offering of Facebook (NASDAQ: FB). Morgan…
James Gorman, the CEO of Morgan Stanley (NYSE: MS), went on the record to say his firm’s behavior was perfects as it lead the IPO of Facebook (NASDAQ: FB). Morgan Stanley followed…
Spain’s bond yields are no longer sustainable. Its government sold 10-year notes at 6.652%, up 19 basis points from the last auction. The deep financial troubles of its banks, a double-dip recession…
Facebook (NASDAQ: FB) shares fell another 10% to under $29 and are off almost a quarter from their IPO price. That IPO is surrounded by scandal which ranges from glitches in the…
Four market markers involved in the Facebook (NASDAQ: FB) IPO lose $100 million combined. (Reuters) EU concerns push the euro to close to a two-year low. (Reuters) Goldman Sachs (NYSE: GS) will…
Oil has hit an extraordinarily low price, below $90 a barrel for WTI crude. That is the lowest level since October. It shows no inclination to spike back up. PMI data from Europe and China actually…
courtesy Facebook Inc.The debate over whether some large investors were warned about a revenue downgrade of Facebook (NASDAQ: FB) continues. Several media have carried stories about Morgan Stanley (NYSE: MS) and Goldman…
courtesy Facebook Inc.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…
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 and investigations…
The World Bank’s new “East Asia and Pacific Economic Update” forecasts that China’s GDP growth will only be 8.2% in 2012, which is a substantial come down for a nation that has grown…
Merkel and Hollande will fight over stimulus for the eurozone at the EU summit. (Reuters) The OECD expresses concerns that Europe could slip into a deep recession. (Reuters) The EU debt crisis pushes global…
The Facebook (NASDAQ: FB) IPO mess has worsened considerably in just 24 hours. The federal government will examine why analysts at Goldman Sachs (NYSE: GS) and Morgan Stanley (NYSE: MS) lowered their…
courtesy Facebook Inc.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…
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 about -26%…
ZyngaZynga’s (NASDAQ: ZNGA) shares are down 15% over the past two days, a little more than those of Facebook (NASDAQ: FB) after its initial public offering. There are several critical difference between the…
