Publicly traded companies, by definition, have many shareholders. The company’s management is supposed to be accountable to those shareholders. As it turns out, however, in some cases shareholders have limited power, and in…
The three major US stock indexes opened sharply lower this morning on weak PMI reports from Europe and even weaker news on US employment (our coverage here). The US ISM manufacturing index…
At an investor conference today, the CEO of AT&T Inc. (NYSE: T) said that data-only subscription plans for wireless networks are “inevitable” as wireless revenues shift more heavily to data rather than…
Groupon, Inc. (NASDAQ: GRPN) is a busted IPO gone wrong and it is feeling the Facebook, Inc. (NASDAQ: FB) sting along with the rest of the social media sector. And to add…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday ahead of the key jobs and employment data. The well known analyst…
courtesy Facebook Inc.“Earlier today, some users briefly experienced issues loading the site. The issues have since been resolved and everyone should now have access to Facebook,” company spokesman Michael Kirkland told Reuters.…
The Formula One initial public offering, which was supposed to debut on the Singapore market, was killed. The move was extraordinary. Owning shares in the premier racing business in the world is nearly as exciting…
Douglas A. McIntyre In February, Facebook Inc. (NASDAQ: FB) was the leading brand in the social networking category of a customer loyalty index compiled by research firm Brand Keys. Following the company’s recent IPO, Facebook…
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…
Annual meetings of Exxon Mobil (NYSE: XOM) and Chevron (NYSE: CVX) will include questions about fracking. (Reuters) Ford (NYSE: F) will begin to buy out some of its pension funds. (Reuters) JP…
Cisco Systems (NASDAQ: CSCO) put out its annual Visual Networking Index (VNI) forecast for 2011 to 2016. The huge router company projects the Internet will be four times as large in four years…
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…
Mary Meeker, who used to be called “Queen of the Net” when she was an analyst at Morgan Stanley, is out with her annual report on the state of the internet called…
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…
As the European Union sets financial and policy goals, the fate of Spain will be high on the list. (Reuters) Facebook (NASDAQ: FB) shares fall almost 10% as its investment value hits…
