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Facebook’s Stock Falls Below $30 for First Time

Facebook's stock has fallen below $30 for the first time since its much-awaited public debut this month.

 

Figuring out the right price for Facebook stock isn't easy

Independent analysts have issued price targets ranging from below $25 a share to nearly $50, while bloggers, day traders and others have trotted out valuations that pin Facebook as low as $6 a share. At $38 a pop, nobody liked Facebook.

 

Apple CEO Cook gives up $75M in stock dividends

Apple CEO Tim Cook is giving up $75 million in dividends on restricted stock that the company is awarding to all of its employees....

 

Shareholders sue Facebook, NYSE comes calling

Facebook Share Price

The fallout from Facebook Inc's messy initial public offering widened on Wednesday as shareholders sued the social network and its bankers while a trading firm revealed a massive loss on the shares and threatened to seek "remedies."

 

Groupon's Pre-Earnings Spike Spurs FINRA Investigation

Groupon

Stocks often make big moves after earnings reports. When there's a big move right before a report, regulators take notice. The obvious question: Who knew what when? Ergo, FINRA, the Financial Industry Regulatory Authority, has launched an investigation of the 18.6% spike in Groupon shares on May 14, ahead of the company's better-than-expected financial results ...

 

Facebook prices IPO at $38 per share

Facebook IPO

Facebook on Thursday priced its initial public offering at $38 per share. The social networking company, which is expected to go public tomorrow under the ticker symbol "FB," stands to reap $18.4 billion in the IPO.

 

Several brokerages stop taking Facebook IPO orders

Investors who want Facebook Inc shares when the No. 1 online social network goes public later this week may have lost the opportunity. TD Ameritrade and Fidelity's brokerage arm both stopped accepting orders of Facebook shares as of Tuesday evening, according to representatives for each of the companies.

 

European Stocks Sink

Stocks fell and the spread between Spanish and German bonds hit a record wide, as the prospect of fresh elections heightened concerns about the likelihood of Greece exiting the euro zone.

 

World Stocks Drop as Worries Over Greece Intensify

World stock markets dropped Monday as worries intensified over the condition of the eurozone and whether Greece is edging towards leaving the single currency union.

 

JPMorgan exec expected to resign, AP source says

JPMorgan Chase is expected to accept the resignation of one of the highest-ranking women on Wall Street after the bank lost $2 billion in a trading blunder, a person familiar with the matter said Sunday....

 

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