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…
Douglas A. McIntyre 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…
Douglas A. McIntyre 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…
Paul Ausick 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%…
Paul Ausick 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…
Morgan Stanley (NYSE: MS) cuts revenue forecasts for Facebook (NASDAQ: FB) just ahead of its IPO. (Reuters) The U.S. allows China to buy treasuries directly without banker assistance. (Reuters) MF Global paid Jon…
These are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Monday. Avon Products Inc. (NYSE: AVP) Cut to Sell at UBS. Bank of America…
courtesy Facebook Inc.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…
Douglas A. McIntyre Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. Angie’s List, Inc. (NASDAQ: ANGI) Started as Outperform at Raymond James. Bankrate,…
The DJIA is off over 100 points, 136 points, to 12,686. The NASDAQ and S&P 500 are off by similar percentages. The carnage is particularly severe in a few sectors. News that…
The GAO says the government could make $15.1 billion on its AIG (NYSE: AIG) bailout investment. (Reuters) Facebook CEO Mark Zuckerberg begins the company’s IPO road show. (Reuters) Comscore says people spent…
Yahoo.comYahoo! (NASDAQ: YHOO) may have to quickly replace its CEO, Scott Thompson. Corporate governance questions have been raised because he lied about his education. Thompson also has lost some or nearly all of the respect…
When it comes to failures and strategic mistakes at Sprint-Nextel (NYSE: S), the spotlight has focused mainly on CEO Dan Hesse. He has held the reins at the nation’s third largest wireless…
The Wall Street Journal reported a rumor that Bank of America (NYSE: BAC) will cut as many as 2,000 jobs primarily at its investment bank and commercial units. If this happens it…
BP’s (NYSE: BP) profits fell as it continues to struggle with the Deepwater Horizon catastrophe. The incident and subsequent oil spill may cost the UK company as much as $20 billion in settlements with…
