(Reuters) - Fidelity Investments and other big mutual fund families that were early backers of Facebook Inc are likely still winners despite the social network's troubled stock market debut. Facebook shares were priced at $38 per share in its initial public offering on Thursday. Despite an initial bump in their market debut on Friday, the shares fell on Monday, closing down 11 percent at $34.03. The decline prompted much hand-wringing among technology investors who had expected a bigger boost for the widely used social networking service. ... Czytaj więcej »
(Reuters) - Fidelity Investments and other big mutual fund families that were early backers of Facebook Inc are likely still winners despite the social network's troubled stock market debut. Facebook shares were initially priced at $38 per share on Thursday after the market closed. Despite an initial bump, they have since fallen and were trading around $34 a share on Monday afternoon. That led to much hand-wringing among technology investors who had expected a bigger boost for the widely-used service. ... Czytaj więcej »
Santo Domingo (Reuters) - Early results from presidential elections in the Dominican Republic show ruling party candidate Danilo Medina headed for victory 12 years after he lost in a landslide to opposition candidate Hipolito Mejia.
Santo Domingo (Reuters) - Early results from presidential elections in the Dominican Republic show ruling party candidate Danilo Medina headed for victory 12 years after he lost in a landslide to opposition candidate Hipolito Mejia. With almost 75 percent of votes counted, Medina and the ruling Dominican Liberation Party (PLD) held a 4 percentage point lead (51 percent - 47 percent) over Mejia, the candidate for the opposition Dominican Revolutionary Party (PRD), according to official election results. ...