Facebook‘s debut on the stock market was preceded by epic hype, delayed by a technical glitch and tracked minute-by-minute by investors around the world. In the end, the fuss was over a gain of 23 cents.
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Facebook‘s debut on the stock market was preceded by epic hype, delayed by a technical glitch and tracked minute-by-minute by investors around the world. In the end, the fuss was over a gain of 23 cents.
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NEW YORK (AP) — In the hours before Facebook‘s stock began trading on the Nasdaq Stock Market for the first time, CEO Mark Zuckerberg reminded the company’s 3,500 employees not to get caught up in the hoopla surrounding its long-awaited initial public offering.
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NEW YORK (AP) — Wal-Mart Stores Inc. reported a 10.1 percent increase in first-quarter profit that beat Wall Street estimates as its re-emphasis on low prices drove bargain-hungry U.S. shoppers into its stores. The world’s largest retailer also offered an upbeat profit outlook for the current quarter.
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(Reuters) – Social networking site Pinterest has raised $100 million from a group of investors led by Japanese online retailing giant Rakuten Inc in a deal that reportedly values the three-year-old U.S. company at $1.5 billion.
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NEW YORK (Reuters) – Stocks were flat on Tuesday as news that Greece would hold a new election gave investors another reason to be cautious despite several days of equity losses.
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WASHINGTON (AP) — Treasury Secretary Tim Geithner said Tuesday that the recent $2 billion trading loss by JPMorgan “helps make the case” for tougher rules on financial institutions, as regulators continue to implement the 2010 law aimed at policing Wall Street.
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(Reuters) – Chesapeake Energy Corp sought to calm Wall Street worries about its financial position, telling investors on Monday it was confident it would complete assets sales to plug a funding gap estimated at $10 billion this year.
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(Reuters) – Chesapeake Energy Corp sought to calm Wall Street worries about its financial position, telling investors on Monday it was confident it would complete assets sales to plug a funding gap estimated at $10 billion this year.
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NEW YORK (AP) — The reputation that Jamie Dimon honed for decades on Wall Street has been severely damaged in a matter of days.
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