IPO Watch: FriendFinder Becomes EnemyFinder (FFN)
After some of the IPOs we have seen in recent days, it is no wonder that some investors are scared to play in the realm of IPOs. Now there is a new poor man’s IPO…
After some of the IPOs we have seen in recent days, it is no wonder that some investors are scared to play in the realm of IPOs. Now there is a new poor man’s IPO…
Renren Inc. (NYSE: RENN) was one where being cautious almost looked and felt silly going into the IPO. After all, it was supposed to be “The Facebook of China” and anything tied to social…
Sirius XMSirius XM Radio Inc. (NASDAQ: SIRI) has managed to amaze and dazzle on its share price performance. We were concerned that it would take a whole new host of shareholders to drive the…
FriendFinder Networks Inc. (NASDAQ: FFN) has managed to price its initial public offering, albeit at the lower end of its expected price range. The company is the adult-themed social networking site. Many sites consider…
Microsoft (NASDAQ: MSFT) is close to a purchase of Skype for $7 billion (WSJ) Microsoft is close to an $8.5 billion deal to buy Skype (Reuters) PIMCO increased its short position in US Treasury…
Apple (NASDAQ: AAPL) moved past Google (NASDAQ: GOOG) as the world’s most valuable brand, according to research firm Millward Brown. (Reuters) New negotiations between China and the US seeks to reduce tensions between the…
The drop in commodities may help rally the dollar (Reuters) The moderating growth of jobs claims is seen as a threat to the recovery (Reuters) A sharp drop in commodities prices hurt the stock…
A bipartisan group of Senators will meet once more to work out a compromise on the budget. (Reuters) Google (NASDAQ: GOOG) and Facebook have considered a purchase of Skype. (Reuters) The Federal Reserve said…
Glencore’s IPO will be for about $11 billion. (Reuters) The slide of the dollar has caused concerns about how it may hurt the stability of the credit markets. (Reuters) Portugal set a bailout with…
Sirius XMSIRIUS XM Radio Inc. (NASDAQ: SIRI) may have to take a breather after the satellite radio monopoly gave a mixed earnings report. The company Reported Q1-2011 earnings of $0.01 EPS and revenues rose…
The Nasdaq (NASDAQ: NDAQ) and ICE bid for NYSE Euronext (NYSE: NYX) became hostile. (Reuters) A new hack put 25 million more PS accounts at risk, Sony (NYSE: SNE) said. (Reuters) India raise rates…
The death of Osama bin Laden raised US futures and the dollar and pushed crude oil lower. (Reuters) The US helped cut the amount of oil China imported from Iran to punish the ruling…
Nasdaq (NASDAQ:NDAQ) and ICE may make a hostile bid for NYSE Euronext (NYSE: NYX) (Reuters) Silver and gold are near all-time highs (Reuters) The House Budget Chair favors a cut in oil subsidies (Reuters)…
Sirius XMSIRIUS XM Radio Inc. (NASDAQ: SIRI) is one cult stock that has been more than puzzling. Literally about twelve hours after we issued our own outlook for what will happen now that $2.00…
Many experts believe the Federal Reserve will keep interest rates near zero until the end of the year (Reuters) Berkshire Hathaway (NYSE: BRK.B) says Sokol deceived the company and may have violated securities laws…