Facebook’s IPO — in which insiders cashed out $10 billion — now ranks as “the worst performer among all large IPOs on …
morgan stanley
The Ten Most Influential Women in Technology
Marissa Mayer’s appointment as CEO of Yahoo! was an exciting development for her legion of fans — both male and female. It was also an undeniable cause for celebration among those who would like to see more women in positions of …
Facebook Banker Morgan Stanley ‘Likes’ — But Doesn’t Love — FB Stock
Analysts at Facebook’s lead underwriter, Morgan Stanley, have set a price target of $38 on newly-public Facebook’s stock — just weeks after the Wall Street giant’s investment bankers took the social network public at that price. …
After Facebook Debacle, Can Investors Trust the IPO Process?
It’s been over a month since Facebook’s troubled initial public offering, and the fallout continues to reverberate from Wall Street to Capitol Hill. Angry shareholders have filed over 40 lawsuits against Facebook, its …
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Moody’s Downgrades — Should We Care?
You’d be forgiven for asking who cares about Moody’s downgrading yesterday of 15 of the world’s biggest banks, including giants like Credit Suisse, Morgan Stanley, Barclays, BNP Paribas, Citigroup, Goldman Sachs, JPMorgan Chase …
Who’s to Blame for the Facebook IPO Debacle? Federal Court May Decide
Technical errors caused by the Nasdaq stock exchange helped push down Facebook shares in early trading, the social networking giant suggested in a legal filing late Friday, turning what should have been a triumphant moment for …
Facebook, Wall Street Banks Sued Over Pre-IPO Financial Forecasts
Just days after its controversial IPO, Facebook and its Wall Street bankers have been hit by shareholder lawsuits alleging that the social networking giant and its underwriters concealed the company’s decelerating revenue growth …
Facebook IPO Furor: Feds Probing Deal Over Insider Bank Warnings
7 Reasons Facebook Flopped
Facebook skidded 11% lower on Monday, its second day as a publicly traded stock, capping one of the worst market debuts ever. Let’s hope that Mark Zuckerberg and his new bride Priscilla Chan aren’t as star-crossed as the $16 …
Facebook IPO Fallout: Four Lessons from a Rocky Public Debut
Facebook shares fell 11% on Monday, after Morgan Stanley and other Wall Street banks ceased to prop up the social network’s stock at Friday’s $38 offering price. Although the IPO was a big success for Facebook and its early …
Facebook Set to File For $5 Billion IPO Wednesday: Report
Social networking giant Facebook is expected to file documents for its long-awaited initial public offering on Wednesday morning, according to a new report by International Financing Review, a Thomson Reuters publication. IFR …
No Snow, No Problem: How Wall Street Profits from Weird Weather
Never discount Wall Street’s ability to turn the most basic parts of life into profits. Mother nature is the latest money spinner for financial firms. Despite the recent Northeast snowstorm, the unseasonably warm winter, and in …