Ubs May Have Facebook Trading Loss Of $350 Million

UBS Sues Facebook

UBS is sitting on losses that could be as high as $350 million stemming from its investment in the Facebook initial public offering, and is preparing legal action against Nasdaq as a result, people familiar with the matter told CNBC.

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Topics:  banks   facebook   facebook ipo   ipo   nasdaq   social media   social networking   stocks   technology   ubs   
ASK NEWS:
  • Salesforce Forecasts Miss Estimates on Weak Software Demand - Bloomberg
    ... according to Brent Thill, an analyst at UBS AG. ... as 7.6 percent to $42.22 in extended trading, after ... using social media services such ...
    05/23/2013 - 8:51 am | View Link
  • Facebook playing catch-up a year after flawed IPO - Japan Times
    ... the technical problems that plagued the exchange when Facebook started trading, costing many ... Switzerland’s UBS AG has said it is taking ...
    05/19/2013 - 11:13 am | View Link
  • Facebook, a year after IPO - Washington Post
    ... the technical problems that plagued the exchange when Facebook started trading, costing many ... Switzerlands UBS AG has said it is taking ...
    05/17/2013 - 8:42 am | View Link
  • RIM unveils BlackBerry Q5; extends BBM service to other platforms - Globe and Mail
    Designed to function like the Facebook Pages ... down 22 cents, or 1.4 per cent, in early trading. ... significantly more resources,” UBS ...
    05/14/2013 - 11:12 am | View Link
  • Red-Hot US IPO Market Puts FPX In Focus IndexUniverse.com - Yahoo! Finance
    ... on U.S. IPOs, aside from a pair of UBS E-Tracs ... U.S. IPOs over the first 1,000 trading days of ... despite a 9 percent allocation to ...
    05/14/2013 - 4:52 am | View Link
  • More
YAHOO NEWS:
  • Timeline: Major global recalls in the auto industry
    (Reuters) - Here are details of some recent major recalls. January 2010 - Toyota issues a series of recalls covering 5.6 million vehicles in the United ...
    04/11/2013 - 6:33 am | View Link
  • UBS in settlement talks with SEC over mortgage bond deal: WSJ ...
    (Reuters) - UBS AG is in talks with the Securities and Exchange Commission to settle allegations the bank defrauded investors in a mortgage bond deal that ...
    03/23/2013 - 10:59 am | View Link
  • UBS departure deals Euribor fresh blow
    UBS, which was fined $1.5 billion euros in December for manipulating bank lending rates, said it was pulling out of Euribor as of March 28 as part of plans ...
    03/19/2013 - 1:05 pm | View Link
  • Hess to exit trading, retail; focus on oil, gas exploration ...
    From Yahoo! News: (Reuters) - Oil and gas company Hess Corp will exit its retail, energy marketing and energy trading businesses following pressure from ...
    03/4/2013 - 9:31 am | View Link
  • UBS sued by two traders fired in Singapore over rate scandal ...
    SINGAPORE, Feb 28 (Reuters) - Two former UBS AG traders in Singapore are suing the bank for wrongful dismissal, saying the bank fired them to lessen its ...
    02/27/2013 - 11:49 pm | View Link
  • More
WORDPRESS:
  • Rivers of Hope | Prayer zone for a better, empowering, inspiring ...
    Prayer zone for a better, empowering, inspiring, promoting, prospering, progressing and more successful life through Christ Jesus
    05/23/2013 - 8:35 am | View Website
  • Maya Chitchatting's Blog | Just want to share my thoughts and feelings
    Just want to share my thoughts and feelings (by Virtual Chitchatting)
    05/22/2013 - 1:30 pm | View Website
  • Train4TradeSkills News
    Morgan Sindall has begun work on a £3.3 million extension project at The Perse Upper School in Cambridge that will boost the building industry.
    05/22/2013 - 12:18 pm | View Website
  • Gerald Celente: 2013 Predictions + Keiser Report: Next American ...
    World News and Videos ... “That which is hateful to you do not do to another ... the rest (of the Torah) is all commentary, now go study.”
    05/21/2013 - 4:37 pm | View Website
  • defendyourhomefightforeclosure | A foreclosure defense blog ...
    A foreclosure defense blog, written by a foreclosure defense attorney. ... Homeowners who have lost their homes can buy another home – there can be life after a
    05/20/2013 - 9:17 pm | View Website
  • More
BING SEARCH:
  • Switzerland: SWX Europe:UBSN Stock Price Today
    Real-time prices for U.S.-listed stocks, including premarket and after hours, reflect trading through Nasdaq only. Comprehensive quotes reflect trading on ...
    05/23/2013 - 6:55 am | View Website
  • Amplify Trading
    Amplify Trading, London, United Kingdom. 6,041 likes · 210 talking about this · 26 were here.
    05/23/2013 - 6:40 am | View Website
  • UBC Trading Group | Facebook
    UBC Trading Group, Vancouver, BC. 429 likes · 0 talking about this.
    05/23/2013 - 5:14 am | View Website
  • Advanced Global Trading
    Advanced Global Trading, Dubai, United Arab Emirates. 23,077 likes · 9 talking about this. AGT is the first Sustainable Investment Group to: - Empower you with the ...
    05/22/2013 - 4:14 pm | View Website
  • Farm Town on Facebook | Facebook
    - Why we are different? We have been around for 4 years, covering multiple areas like farming, chopping, irrigating, fertilizing, fishing, animal buildings ...
    05/22/2013 - 1:22 pm | View Website
  • More

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