US clears Nasdaq payout in Facebook IPO debacle (Update)
The Nasdaq on Monday had the backing of US regulators who approved the stock exchange's latest plan to compensate investors for the botched debut of Facebook shares last year.
The Nasdaq on Monday had the backing of US regulators who approved the stock exchange's latest plan to compensate investors for the botched debut of Facebook shares last year.
India's third-largest software firm Wipro on Tuesday said net profit climbed 18 percent in the fiscal first quarter but said the global outlook remained uncertain after it gave a muted revenue outlook.
(AP) -- Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week, selectively informed clients of an analyst's negative ...
(AP) -- The CEO of the Nasdaq stock exchange says it is "humbly embarrassed" by its bungling of Facebook's hugely anticipated debut as a public company on Friday.
(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.
(AP) -- Insiders and early Facebook investors will be unloading more of their shares in the initial public offering, the company said Wednesday, as they take advantage of investor demand.
Indian IT giant Infosys on Thursday posted a 33-percent rise in its quarterly profit, but warned of a slowdown and weak client spending due to global uncertainty and the European debt crisis.
(AP) -- Pandora Media Inc. sold its initial public offering of stock at $16 per share late Tuesday, fetching twice as much as the popular but unprofitable Internet radio service expected less than two weeks ago.
Google Inc.'s lucrative online advertising system is facing a U.S. Justice Department investigation that is expected to cost the Internet search leader at least $500 million.