Stock Market News Stories

Early Facebook mutual fund buyers still in money

(Reuters) – Fidelity Investments and other big mutual fund families that were early backers of Facebook Inc are likely still winners despite the social network’s troubled stock market debut. Facebook shares were priced at $38 per share in its initial … Continue reading

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Market breaks losing streak, with China’s help

NEW YORK (AP) — Forget Facebook. This is still Apple‘s stock market. Apple — the world’s most valuable company — climbed nearly 6 percent on Monday, helping propel major U.S. stock indexes to gains after a week of losses. The … Continue reading

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

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

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

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

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

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

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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Highlights from Facebook’s debut

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. Here are some highlights … Continue reading

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Crude down, hits biggest 3-wk loss since Aug ’11

NEW YORK (Reuters) – Crude oil futures fell more than 1 percent on Friday, down for the sixth straight session, as worsening problems in Greece and Spain raised worries of contagion in the euro zone. Oil futures fell on the … Continue reading

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