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Posts tagged "Global"

Facebook: Nasdaq Offers Post-Mortem, Changes Some Practices

The story of what happened Friday with Facebook’s (FB) problematic first day of trading received its official explanation this morning. In an equity trading alert, Nasdaq relates that “additional order modifications” near the open at 11:05 caused...

Yahoo’s Alibaba Deal: Analysts React to Finally Getting it Done

Yahoo finally reached a deal to sell its Alibaba some of its stake back to the Chinese company for some $7.1 billion, ending months and months of negotiations.

Facebook Sympathy Stocks, RENN, ZNGA Trade Down

With Facebook (FB) currently off about 10% at $34.36, in case you were wondering, the Facebook “sympathy” stocks are having a fairly mixed day of it: LinkedIn (LNKD): down $1.92, or almost 2%, at $97.10; Renren (RENN): down 32 cents, or 6%, at $4.6...

Mark Zuckerberg Down $2.2 Billion Today

A lot of people are feeling the pain from Facebook's slide Monday, but no one more directly than Mark Zuckerberg, who is seeing his wealth on paper being reduced by about $2.2 billion today.

Apple: Cowen, Piper See iPhone 5 Gaining Favorable Chip Treatment

A couple of upbeat Street notes out today regarding the prospect of Apple's (AAPL) next iPhone, though they disagree somewhat on the timing. Cowen & Co.'s Matthew Hoffman raised his fiscal 2013 (sending in September of 2013) estimate for the de...

Facebook’s Decline Raises Questions on Underwriters’ Support

As Facebook shares declined below their IPO price on its second day of trading Monday, its bankers' role in supporting the stock price is taking center stage.

BofA Merrill Names New Healthcare Banking Head

Bank of America Merrill Lynch has hired former Lazard executive Alexis de Rosnay as co-head of its global healthcare group, as a realignment of investment-banking talent on both sides of the Atlantic continues to unfold.

Morgan Stanley Down Again, Facebook Just Its Latest Headache

Morgan Stanley shares are under pressure again, adding to six straight losing sessions, amid a confluence of bearish issues and events.

Facebook Drops 11%: Nasdaq to ‘Accommodate’ Some Orders

With shares of Facebook (FB) dropping like a stone — it is currently down $4.44, or 11.7%, at $33.75, below the offer price of $38, and had fallen as low as $33 — you may be interested to know that Nasdaq this morning announced a policy for those w...

Deals of the Day: Facebook Drops Below IPO Price

Deals of the Day compiles this morning’s biggest news about mergers and acquisitions, banking, bankruptcy and more.

This Morning: Facebook Off 10%, Yahoo! Rises on Alibaba Deal

Here some things going on this morning in your world of tech: Shares of Facebook (FB) are down $3.22, or over 8%, at $35 $4.01, or 10.4%, at $34.25, even worse than the stock’s pre-market slump, after the social networker’s soggy debut on Friday. ...

Live Blogging Jamie Dimon At Deutsche Bank Conference

Jamie Dimon is back in front of a microphone. The J.P. Morgan Chairman and CEO is addressing the Deutsche Bank Financial Services conference in New York Monday morning at 9:30 ET.