What’s New in the Financial World (8/16/2012)
China Sees Weak Second Half China has admitted publicly that its second half economic situation will be poor, a statement of what experts around the world have said for months. PMI numbers have been…
China Sees Weak Second Half China has admitted publicly that its second half economic situation will be poor, a statement of what experts around the world have said for months. PMI numbers have been…
The end of the Facebook Inc. (NASDAQ: FB) lockup is quickly approaching. More than 270 million shares of the social network will become free to trade on Thursday. Following the initial public offering…
Standard Chartered pays a New York bank regulator $340 million to settle money laundering charges that involved Iran. (Reuters) The New York Times Company (NYSE: NYT) names BBC General Director Mark Thompson…
Does the Facebook, Inc. (NASDAQ: FB) lock-up expiration really matter? Not according to S&P Capital IQ, as it has just today raised its equity rating on Facebook to Buy from a prior…
Is Groupon, Inc. (NASDAQ: GRPN) really a social media company? We might consider it a Web 2.0 (or 3.0) company instead, but the market is what the market is… Groupon has become…
We’ve noted already that Google Inc. (NASDAQ: GOOG) and Apple Inc. (NASDAQ: AAPL) are defying today’s sell-off trend and that the search giant got an upgrade to ‘overweight’ with a $775 price…
The “lockup” of shares held by investors who took part in rounds of Facebook Inc.’s (NASDAQ: FB) funding that happened before the firm’s initial public offering will end on August 16. Many…
The “lockup” of shares held by investors who took part in rounds of Facebook Inc.’s (NASDAQ: FB) funding that happened before the firm’s initial public offering will end on August 16. Many…
Wikimedia Creative Commons, JohnnyMrNinjaReed Hastings, CEO of Netflix Inc. (NASDAQ: NFLX), might well assume that as the company’s founder he should have an unfettered ability to run the company. That may not be…
Brent crude rises to a three-month high of $114. (Reuters) Standard Chartered may try to settle with the government over money laundering charges. (Reuters) Barnes & Noble Inc. (NYSE: BKS) cuts prices…
The US Federal Trade Commission (FTC) concluded a settlement with Facebook Inc. (NASDAQ: FB) involving charges that Facebook lied to users when it told them it would keep personal information private and…
Manchester United PLC (NYSE: MANU) is being supported by its underwriters if the volume and pricing is of use. The formal IPO was 16.6 million shares at $14.00. We heard the Bloomberg…
The highly anticipated initial public offering of Manchester United (NYSE: MANU) is not being given much respect. The offering was supposed to be at $16 to $20 per share for the extremely…
The short interest data is out from the July 31 settlement date and we have compared these levels to the prior July 13 settlement date. It seems that there were some big…
Short sellers backed away from their gambles on old tech firms as they increased their positions in new Web 2.0 companies. For the period that ended July 31, short sellers cut their…