 SEC, FINRA to review Facebook issues, Nasdaq sued
 22.05.2012 22:13  0 views  0 comments
From:
news.yahoo.com
 (Reuters) - Two top U.S. financial regulators said the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its embattled lead underwriter and the Nasdaq. After Friday's nearly flat close and Monday's 11 percent plunge, Facebook shares closed 8.9 percent lower at $31 on volume of 101 million shares. At that price the company has shed more than $19 billion in market capitalization from its $38-per-share offering price last week. ...
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| LA designer says Facebook bride wore her dress
22.05.2012 22:07 0 views 0 comments
From:
news.yahoo.com
 Los Angeles-based designer Claire Pettibone says Priscilla Chan was wearing one of her dresses when she married Facebook CEO Mark Zuckerberg.
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| Wall Street struggles to find Facebook's worth
22.05.2012 21:47 0 views 0 comments
From:
news.yahoo.com
NEW YORK (Reuters) - In its three days of trading, Facebook's stock has dropped 18 percent from its $38 issue price. For the thousands of investors that bought at the IPO, that's bad enough, but one analysis of its earnings prospects suggests it could get a lot worse - more like $10 a share. Setting aside the hype and the cultural phenomenon that is the online networking site, Facebook Inc would be fairly priced at $9.59, according to the smattering of Wall Street estimates analyzed and modeled by Thomson Reuters StarMine. ... Czytaj więcej »
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