For a Special Facebook Friend, Benefits Come With Restrictions
Russian investor Yuri Milner stands to reap a multibillion-dollar windfall from his early bet on Facebook stock. But in return, he has agreed to terms that handcuff what he can do with his Facebook shares.
Facebook IPO: The Company Has High Hopes for China
Facebook is essentially invisible in the world's most populous country. But in Facebook's IPO filing, the company appears to display a guarded ambition to launch in China.
Even When He Dies, Mark Zuckerberg Will Control Facebook
Death is final, right? Kaput, the end. Well, Mark Zuckerberg has managed to find a way to metaphorically cheat death.
Zynga Is Making a Boatload of Money for Facebook
The chatter last year about Zynga's IPO was how dependent the social games company was on Facebook. It turns out Facebook is pretty dependent on Zynga, too.
Deal Journal Is Passing the Torch
Deal Journal is passing the torch to a new lead writer.
J.P. Morgan Hires Marc Granetz for Finance Team
J.P. Morgan announced today that Marc Granetz, a longtime executive at Credit Suisse's investment bank, has been hired to work on the bank's global financial leadership team.
Shareholder Backs Martin Marietta-Vulcan Deal
Southeastern Asset Management, a large shareholder of gravel company Vulcan, said Friday it supports a potential combination of the company with Martin Marietta, and Southeastern is threatening further action if Vulcan doesn't start negotiating a deal.
Citigroup’s Vikram Pandit Awarded $3.8 Million in Stock
It's payday time on Wall Street. And the first big bank chieftain to disclose part of his 2011 payday is Citigroup CEO Vikram Pandit.
Warren Buffett’s MidAmerican Energy Is Out-Dealing Its Boss
Berkshire Hathaway unit MidAmerican Energy is outdoing its boss, Warren Buffett, in his home turf: deal making.
Activist Jana Partners Buys 5.5% Stake in Marathon Petroleum
Activist investor Jana Partners disclosed a 5.5% stake in Marathon Petroleum, a newly formed oil-refining company split from Marathon Oil. The two-month spate of stock-and-options purchases amounted to $636 million, and appears to make Jana Partners the largest shareholder in Marathon Petroleum.
Bank of America Earnings: Wall Street Reacts
Bank of America's fourth-quarter earnings weren't very good. But the earnings were beside the point, as some investors took solace in Bank of America's success in building its rainy day capital.
This Tight-Lipped Banker Opened Up
It's hardly earth-shattering when an investment banker brags. But it is surprising when that boastful banker works at Wall Street's most tight-lipped investment bank.
