Financial News Stories

Trial of ex-P&G, Goldman board member starts in NY

Written on May 21, 2012 by Editor - Stock Markets News

NEW YORK (AP) — A federal prosecutor accused former Goldman Sachs board member Rajat Gupta on Monday of feeding inside investment tips to a corrupt hedge fund manager, while Gupta’s lawyer told a jury his relationship between the Wall Street … Continue reading →

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Facebook faces crucial week after modest debut

Written on May 20, 2012 by Editor - Finance Top Stories

By Edward Krudy NEW YORK (Reuters) – Newly issued shares in Facebook Inc (FB.O) may have a hard time in the coming week if lead underwriter Morgan Stanley stops supporting the stock and managers lower down in the IPO book … Continue reading →

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Alibaba buys back 20 percent stake held by Yahoo for $7.1 billion

Written on May 20, 2012 by Editor - Finance Top Stories

By Melanie Lee and Soyoung Kim SHANGHAI/NEW YORK (Reuters) – Chinese Internet entrepreneur Jack Ma is buying back up to half of a 40 percent stake in his Alibaba Group from Yahoo Inc for $7.1 billion, in a deal that … Continue reading →

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Markets regain ground but still edgy over Greece

Written on May 20, 2012 by Editor - Finance Top Stories

By Chikako Mogi TOKYO (Reuters) – Markets recovered some ground on Monday on value hunting after last week’s heavy losses, but investors remained wary over the euro zone despite world leaders calling for Greece to stay in the monetary union … Continue reading →

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Wall Street Week Ahead: Market is oversold, but major signs say "sell"

Written on May 20, 2012 by Editor - Finance Top Stories

By Angela Moon NEW YORK (Reuters) – Normally a big decline would set up Wall Street for a technical rebound. But that may not be the case this week, even after the market posted its worst weekly loss for the … Continue reading →

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Nasdaq to revamp system after tech problems on Facebook IPO: WSJ

Written on May 20, 2012 by Editor - Stock Markets News

For Facebook founder and CEO Mark Zuckerberg, it was quite a week — from birthday, to IPO, to I DO. Read More from the Article Source: Full Article Tweet

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MIDCAP-Singapore’s Olam lags on earnings quality in consumer staples

Written on May 20, 2012 by Editor - Stock Markets News

For Facebook founder and CEO Mark Zuckerberg, it was quite a week — from birthday, to IPO, to I DO. Read More from the Article Source: Full Article Tweet

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Pioneer Food first-half earnings fall

Written on May 20, 2012 by Editor - Stock Markets News

For Facebook founder and CEO Mark Zuckerberg, it was quite a week — from birthday, to IPO, to I DO. Read More from the Article Source: Full Article Tweet

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Vodacom’s FY earnings up 8 pct as capex higher

Written on May 20, 2012 by Editor - Stock Markets News

For Facebook founder and CEO Mark Zuckerberg, it was quite a week — from birthday, to IPO, to I DO. Read More from the Article Source: Full Article Tweet

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Nasdaq glitch confuses investors of Facebook IPO

Written on May 18, 2012 by Editor - Stock Markets News

NEW YORK (AP) — Some investors who thought they had bought Facebook shares at the opening of trading were left without knowing for hours whether they had received the shares. The Securities and Exchange Commission is looking into the glitches … Continue reading →

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