 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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| Italy's lower house approves state funding cut
22.05.2012 21:18 0 views 0 comments
From:
news.yahoo.com
ROME (Reuters) - Italy's lower house of parliament approved a proposal on Tuesday to halve state funding of political parties after a spate of scandals where politicians were accused of using the money for personal gain. The proposal, which forms part of a wider package of measures to reform party finances, will cut their funding by the state to 91 million euros ($116 million) per year. The move follows losses for traditional parties in local elections on Monday, and a sensational advance for comedian Beppe Grillo's Five Star Movement, which won the mayor's office in the northern city of ... Czytaj więcej »
| SEC, FINRA call for Facebook review, pressure builds
22.05.2012 20:34 0 views 0 comments
From:
news.yahoo.com
(Reuters) - Two top U.S. financial regulators called for a review of the initial public offering of Facebook last week, 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 were down 8 percent at $31.28 in late afternoon trading on heavy volume of 88 million shares. At that price the company has shed more than $17 billion in market capitalization from its $38-per-share offering price last week. ...
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| SEC, FINRA call for Facebook review, pressure builds
22.05.2012 20:34 0 views 0 comments
From:
news.yahoo.com
(Reuters) - Two top U.S. financial regulators called for a review of the initial public offering of Facebook last week, 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 were down 8 percent at $31.28 in late afternoon trading on heavy volume of 88 million shares. At that price the company has shed more than $17 billion in market capitalization from its $38-per-share offering price last week. ...
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