 Investor sues Nasdaq, alleges Facebook IPO bungled
 22.05.2012 21:37  0 views  0 comments
From:
news.yahoo.com
(Reuters) - Nasdaq OMX Group Inc has been sued by an investor who claimed the exchange operator was negligent in handling orders for Facebook Inc shares following its initial public offering, causing losses for investors. Phillip Goldberg, a Maryland resident, is seeking class-action status on behalf of all investors who lost money because Nasdaq delayed or otherwise mishandled their buy, sell or cancellation orders for Facebook stock on May 18, the day the social networking giant went public. ... Czytaj więcej »
| Gupta on Rajaratnam's "important people" list: witness
22.05.2012 19:24 0 views 0 comments
From:
news.yahoo.com
 NEW YORK (Reuters) - Former Goldman Sachs director and McKinsey & Co executive Rajat Gupta was on a list of "important people" that now-imprisoned hedge fund manager Raj Rajaratnam was willing to be disturbed to take their phone calls, his onetime secretary testified at Gupta's insider-trading trial on Tuesday. Former Galleon Group employee Caryn Eisenberg, testifying for the prosecution, also told the Manhattan federal court jury that she saw Gupta "many times" in the firm's 34th floor Madison Avenue office in 2008 and 2009. ...
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| Motel 6 being sold to private group for $1.9B
22.05.2012 17:41 0 views 0 comments
From:
news.yahoo.com
Accor says it has agreed to sell Motel 6 and another North American economy hotel brand to an affiliate of The Blackstone Group for $1.9 billion. Czytaj więcej »
| After Yahoo deal, challenges abound for Alibaba
22.05.2012 10:58 0 views 0 comments
From:
news.yahoo.com
 SHANGHAI (Reuters) - China's Alibaba Group could command a Facebook-rivalling valuation of $100 billion when it comes to list its shares, possibly by 2015 - but its more immediate challenge is to hang on to top spot in the country's $36 billion e-commerce market. Founded and led by Internet entrepreneur Jack Ma, Alibaba faces increasingly tough competition in its e-commerce stronghold from well-funded rivals 360buy, which is backed by Digital Sky Technologies, Dangdang Inc and Amazon.com Inc. ...
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