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Facebook fallout: Silicon Valley won't snub Morgan Stanley
24 May 2012, 11:30 pm
SAN FRANCISCO/NEW YORK (Reuters) - Silicon Valley isn't quite ready to dump Morgan Stanley over the
Facebook IPO fiasco. It could be said that playing a role in botching the world's biggest tech initial public offering would be enough to kick its lead banker out of the club, or at least to the curb, but a tarnished image hasn't necessarily dented Morgan Stanley's position as a go-to underwriter ...
Facebook IPO is flashback to dot-com class action
24 May 2012, 9:45 pm
Less than a week after its IPO,
Facebook Inc is already facing multiple lawsuits by disgruntled shareholders who claim that the company and its underwriters, including Morgan Stanley and Goldman Sachs, told only select institutional investors about the social media company's weakened growth forecast. This is not the first time investors in a hot tech company's initial public offering have ...
Facebook launches Camera app for iOS
24 May 2012, 7:15 pm
Facebook on Thursday announced “Camera for iOS,” a new mobile app that intends to make uploading and viewing
Facebook photos faster and easier. The app features Instagram-like filters and unlike
Facebook’s current mobile app, Camera for iOS allows users to upload multiple photos at once. It remains to be seen how
Facebook’s new app will impact Instagram, which the company acquired for $1 billion ...
Facebook posts second day of gains
24 May 2012, 4:51 pm
Facebook's stock straddled the breakeven line on Thursday, still down at least 15% from the price of its initial public offering.
5 Tips to Maximize Your Brand's Facebook Reach
24 May 2012, 9:56 am
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Facebook shares stabilizing, but probes mount
24 May 2012, 8:34 am
Facebook's initial public offering is the subject of two congressional inquiries and mounting lawsuits as the social network enters its fifth day of public trading.
Facebook stock climbs, but company faces lawsuits
23 May 2012, 7:33 pm
Facebook's fourth day of trading as a public company saw an increase in the company's stock price and shareholder lawsuits related to the social network's botched initial public offering.
Facebook, banks sued over pre-IPO analyst calls
23 May 2012, 2:50 pm
(Reuters) -
Facebook Inc and lead underwriter Morgan Stanley were sued by shareholders who claimed they hid the social networking company's weakened growth forecasts ahead of its $16 billion initial public offering. The lawsuit came as
Facebook and the banks that took it public face questions about the IPO, which culminated in a May 18 stock market debut plagued by technical glitches.
Facebook ...
World - Facebook
Facebook headaches continue - Philadelphia Daily News
25 May 2012, 2:14 am
Facebook’s share price climbed more than a dollar Thursday, rising above $33, but the sharp drop since last week’s high-profile initial public offering continued to cause headaches for the social-networking company, its Wall Street ...
Facebook investigations mount, stock stabilising - Jamaica Gleaner
25 May 2012, 1:59 am
Facebook's initial public offering is the subject of two congressional inquiries and mounting lawsuits as the social network entered its fifth day of public trading. The shares regained some ground Wednesday, rising US$1, or 3.2 per cent, to ...
Why LinkedIn fiddles as Facebook burns - Fortune Tech
24 May 2012, 9:24 am
FORTUNE -- Amid the anger this week of
Facebook investors, the embarrassment of the company's underwriters and the schadenfreude of its detractors, a question has been bugging me: If so many investors are skeptical of
Facebook's (FB) overvalued ...
